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r Regular monthly meeting of the Board of Directors of Las Vegas Land and Water Company was held in the Company’s prin­cipal office in the Union Pacific Building, lj.22 West Sixth Street, Los Angeles, at 11:( Present: Absent: A. M. , Tuesday Wm . Reinhardt E. E. Bennett J. W. Padden W. H. Johnson A. E. Stoddard A. C. Ritter Vice President Reinhardt called the meeting to order, and presided. Minutes of meeting of Board of Directors, held November 1 0 , 1953» were read and approved. The election of an Assistant Treasurer being in order to fill vacancy created by retirement of T. C. Richards, on motion duly seconded, D. A. Powell was nominated and unanimously elected to office of Assistant Treasurer, effective January 1, 195^4-* On motion duly seconded, it was RESOLVED, that the action of President Stoddard and Assistant Secretary Cope in executing Amendatory Agreement C.L.D. No. 7760-1 (C.D. No. 26258-2-A), dated September 29, 1953» between Las Vegas Land and Water Company, Lessee, and Los Angeles & Salt Lake Railroad Company, and its Lessee, Union Pacific Railroad Company, collectively called "Lessor", amending lease dated Deo. 30, 19U&» identified as Lessor’s Contract Audit No. A-6l8l8 , at East Fourth St. and Mission Road, Los Angeles, California, to exclude certain property from said lease effective as of August 1, 1953# and reduce rent to Five Hundred Twenty Four and 30/100 - 1 -