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WHEREAS, Section 124 of the Internal Revenue Code allows deduction for income and excess-profits tax purposes for amortization over a 60-month period with respect to emergency facilities, as therein defined, upon the issuance of certain certificates, as provided therein, by the Secretary of War or the Secretary of the Navy and the Advisory Commis­sion to the Council of National Defense; it was, on motion duly made and seconded, RESOLVED, that R. Wipprecht, Auditor, be, and he is hereby, authorized to make, sign and file, on behalf of this Company, all applications and other documents required by governmental regulations for issuance of the certificates provided for by Section 124 of the Internal Revenue Code with respect to emergency facilities as therein defined constructed or acquired by this Company. On motion duly seconded, it was RESOLVED, that the action of Vice President Ashby and Assistant Secretary Rigdon in executing contract, "N''LD 793, dated December 1, 1941, between United States of America, called "Government", and Las Vegas Land and Water Company, called "Utility", covering the supplying by said Utility of the water requirements of a housing development, consisting of approximately 125 units, to be located in Grand View Ad­dition, Las Vegas, Nevada; for term of one year from and after December 1, 1941, and in the absence of notice of intention to terminate, served at least 30 days prior to expiration of said contract, shall continue in effect for another year and from year to year thereafter until so terminated; Utility, at its -2-