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\ balance of the purchase price, Malmo to deliver to Land Company-deed conveying the land and improvements, subject to; (a) Taxes for the fiscal year 1 9 6 ^-1 9 6 5 » (b) Covenants, conditions, restrictions, reservations, easements and encumbrances of record, other than money encumbrances; Malmo to furnish Land Company, without cost to it, standard policy of title insurance in the amount of the purchase price showing title to be vested in Land Company; be, and the same is hereby, ratified, approved and confirmed. There being no further business to be transacted, on motion duly seconded, the meeting adjourned. (Signed) P. J. Payne Chairman Attest; (Signed) E. E. Dixon Secretary I, E 0 E. Dixon, Secretary of Las Vegas Land and Water Company, do hereby certify that the foregoing is a full, true and correct copy of minutes of meeting of Board of Directors of said Company, held March 9» 19^5 • gi DIXON Secretary, Las Vegas Land and Water Company -k-
