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improved .and maintained by Lessee at its own expense; be, and the same is hereby, ratified, approved and confirmed. Following Authority for Expenditure Request, approved by the President, was submitted for ratification: W.O. #565, issued Nov. 25, 1946; Yermo, Calif.; retirement of Lot 5, Block 2, Tract 1867, sold to James P. Lemon, per Deed Audit 4860. Credit Account Real Estate Sold (Unimproved Real Estate, California), $2; Chargeable Sale Price of Land, §250; Creditable to Profit on Sales of Real Estate, §248; Estimated cost of removal of property retired chargeable to Profit on Sales of Real Estate, §1. There being no further business to be transacted, on motion duly seconded, the meeting adjourned. (Signed) Frank Strong Chairman Attest: ____ (Signed) W. H. Johnson Secretary I, \7. H. Johnson, Secretary of Las Vegas Land and Eater Company, do hereby certify, that the foregoing is a full, true and correct copy of minutes of regular monthly meeting of Board of Directors of said Company, held January 14, 1947. Secretary, Las Vegas Land and 'Eater Company
