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NL.D. 2026 Las Vegas, Nevada, February 10th, 1<&8. Nr* E«I, Bennett! { *Mr. Frank Strong j- '.r^Mr. A.M. Folger — copy of letter.) Pursuant to your letter of February 6th concerning Mr. ) request of February 3rd, I transmit herewith duplicate originals two extra copies of proposed "N"L.D. 2 0 2 6 , being an agreement of sale of certain land in the city of Las Vegas, Nevada, by the Water Company to F*F« Garside and A.E. Cahlan, a co-partner­ship, to which is attached a form of deed marked Exhibit B, as re­quested by Mr. Strong, as the effective date of the deed is in blank. Tour attention is called to Section 3 of the enclosed agreement, making provision for a date to be inserted for the payment of the purchase price. I included this language because it was not apparent from Mr. Strong’s letter if the purchase price would bd paid upon the exe­cution of the agreement and its receipt acknowledged in this agree­ment, or if it was agreed to be paid at some time in the future. X construed Mr. Strong’s letter to indicate payment in the future Mid therefore thought it wise to insert some time limitation within which the payment must be made. you please approve as to form and transmit to Mr. Strong for further handling. * Said Agreement may be executed by the President and Secretary or the Vice President and Assistant Secretary of the Water Company with the consent of the Executive Committee. The Deed may be executed on behalf of the Water Company by the President, or a Vice President, in accordance with Mr. Ashby’s letter of Feb. 8, 19h0 to Mr. Bennett, and the Secretary or Assistant Secre­tary should attest the same and affix the corporate seal. To entitle it to be recorded, the original should be acknowledged before a Notary Public in the form of acknowledgment attached thereto. The effective date of the enclosed agreement, as well If the enclose agreement meets with your approval, will I also enclose extta copy of agreement for your files. CALVIN M. CORT C.M.Cs