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Assistant Secretary Bachman in executing LVL&W L5 Deed Audit No. 57^3s dated June 6 , I9609 whereby Las Vegas Land and Water Company conveyed to Murray B, Marsh Company, Inc., Lot 6 and northerly 50.00 feet of Lot 7* Tract No. 8337* City of Los Angeles, County of Los Angeles, California? consideration $10,00 and other good and valuable consideration? EXCEPTING AND RESERVING unto Grantors All minerals and mineral rights, Including oil and gas and rights thereto, without right of entry; and said property is conveyed, subject tos (a) Taxes for the fiscal year 1960-1961, a lien not yet payable; (b) Conditions, restrictions, reservations, easements and encumbrances of record? be, and the same Is hereby, ratified, approved and confirmed. Following Authority for Expenditure Request, approved by the President, was submitted for ratifications W. 0. 836, issued June 18, I960, Signal Hill, Califor­nia, retirement of parcel of land being the West 94 feet of Farm Lot 9 5 , American Colony Tract, being part of LVL&W Parcel No. 4, Map No. 5 (Cal.2 ), containing an area of 32,678 sq» ft., which property was conveyed to Marion General Plastics Company by LVL&W LS Deed Audit No. 5727* dated March 3, I960. Credit Account - Land and Public Improvements - Long Beach, Calif. - Sold, $1,208; Chargeable Sale Price, $25,000? Creditable to Profit on Sales of Real Estate, $23,792; and Estimated Cost of Removal of Property Retired Chargeable to Profit on Sales of Real Estate, $195. Whereupon, on motion duly seconded, it was RESOLVED, that the action of President in approving the “3