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Regular monthly meeting of the Board of Directors of Las Vegas Land and Water Company was held In the Companyfs principal office in the Union Pacific Building, 422 West Sixth Street, Los Angeles, California, at 11:00 A. M , , Tuesday, December 11, 1951. Present: Wm. Reinhardt E. E. Bennett A. C. Ritter W. H. Johnson Absent: A. E. Stoddard J . W. Padden Vice President Reinhardt called the meeting to order and presided. Minutes of meeting of Board of Directors, held November 13, 1951, were read and approved. On motion duly seconded, it was RESOLVED, that the action of Vice President Reinhardt and Secretary in executing agreement "N"L.D. 2516, dated September 15, 1951, between LVL&WCo., called "Company11, and B. A. Saltzman, called "Subdivider", providing: 1 - Subdivider to pay to Company $800.00, estimated cost of approximately 200 ft. of 6" cast iron pipe to serve portion of Block 1, Tract 4, Boulder Dam Homesite Addition, Las Vegas, Nevada; 2 - Company to refund to Subdivider 50% of monthly revenue received by it from customers located upon Lots 9 to 16, inclusive, and Lots 31 to 38, inclusive, in said Block 1, taking water from said water ^ain, for period of ten years from date of completion -1-
