upr000119 134

V "In consideration of this Bill of Sale, Vendee shall pay Vendor the sum of $1,483,00 with $483.00 payable upon delivery to Vendee of this Bill of Sale; and with respect to such $483.00, the Vendor acknow­ledges receipt; with respect to the remaining $1,000, Vendee shall pay to Vendor $500.00 on April 11, 1968 and $500.00 on July 11, 1968. Receipt by Vendor of said $483.00 from Vendee (whether by check, voucher, or cash) shall constitute acceptance by Vendee of all the terms and conditions of this Bill of Sale;" it being understood by the parties that all other terms and conditions of original agreement shall remain in full force and effect; be, and the same is hereby ratified, approved and confirmed. On motion duly seconded, it was RESOLVED, that the action of Vice President J. W. Godfrey in executing industry track contract bearing C. L. D. No. 15913, Audit No. 11003 (UPRR Audit No. 111889), dated January 1, 1968 between Los Angeles & Salt Lake Rail­road Company and its Lessee, Union Pacific Railroad Company and American Can Company, a New Jersey corporation, Lessee of Las Vegas Land and Water Company and occupant of the property served by the track; that the Land Company in exe­cuting the agreement covering maintenance, operation and ownership of the industry spur track, located in Los Angeles County, California, consents thereto; Railroad Company, after giving 60 days written notice to Industry of its intention to do so, may terminate agreement and take up and remove that portion of the track owned by it, subject to the conditions set forth in the agreement; be, and the same is hereby -7-