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61 and 62 of Union Pacific Tract, together with the westerly half of Calada Street abutting said lots, East Yard, Los Angeles, Calif., subject to: 1 - General and special taxes for the fiscal year 1947-1948, including any special district levies, payment for which is included therein and collected therewith. 2 - Conditions, restrictions, reservations, easements and encumbrances of record; excepting and reserving unto LVL&WCo. all minerals and all mineral rights, including oil and gas and rights thereto, without right of entry; consideration $1 0 . 0 0 and other good and valuable considera­tion; be, and the same is hereby, ratified, approved and confirmed. On motion duly seconded, it was RESOLVED, that the action of President and Asst. Secre­tary Bachman in executing LVL&WCo. LS Deed Audit No. 4923, dated November 28, 1947, quitclaiming unto The Quaker Oats Company the easterly half of Calada Street, abutting Lots 75, 76, 77 and 78 of Union Pacific Tract, East Yard, Los Angeles, California, vacat­ed by the City of Los Angeles; consideration $10.00 and other good and valuable consideration; be, and the same is hereby, ratified, approved and confirmed. On motion duly seconded, it was RESOLVED, that the action of Vice President Strong and Secretary in executing agreement "N"LD 1993, dated December 4, 1947, between LVL&WCo., called "Company”, and The Roman Catholic Bishop of Reno, Nevada, a corporation sole, called "Subdivider”, providing: X 3-