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of! ft. fer> /SS" 7 / £ f t f + w , djt~. ( £ + y i £ i / 0 S 9 9 9 “N" L.D, 2502 "Nw L.D. 2q.27' "M" L.D, 2502-2 nN" L.D. 2427-2 AS VEGAS LAND AND W A T E R CO. ASSIGNMENT Recitals m Dnder dates of January 29, If 51# and Septeiaber 18, 1951* LAS VEGAS LAID AMD WATER COMPANY, therein called ”COMPANY”, entered into two (2) certain written agreements with FEDERAL DEVELOPMENT CO., a Nevada corporation, therein called "SOBDIVIDEK", which agreements are identified as being LAS VISAS LAID AND WATER COMPANY hNm L.D. 24,27 and M1 M L.D* 2502, together with two (2) supplemental agreements thereto, the first of which was dated March if, 1952, and designated as ‘‘Supplemental Agreement, 'll1 L.D. 2427-2” and the second of which was dated March If, 1952, and designated as “Supplemental Agreement, fN* L.D. 2502-2”, wherein the Company agreed that on certain conditions, includ­ing the execution of those agreements and the receipt of certain bills of sale and necessary easements for water mains, to pay to the Subdivider at monthly intervals, 50% of the monthly revenue received by it from consumers located in lestleigh Tracts No. 1 and No, 2, taking service from the water mains installed pursu­ant to said agreements for a period of ten (1 0 ) years from date of said installations or until the Sub-divider has been paid an agreed upon sum of §3*972.58 pursuant to contract No. "K" L«D, 2502-2 and §11,590*90 pursuant to contract No. rtN” L*D. 2427-2j and WHEREAS, the Sub-divider desires to assign to P. 0, SILVAGNI, an individual, residing at 803 South 6th Street, Las Vegas, Nevada, all monies to be paid from and after the date hereof by the Company to the Sub-divider, FEDERAL DEVELOPMENT CO., a Nevada corporation, as in said agreements provided} --???.?w .rv.-i a____ ?_ m e m m