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F. H. Knickerbocker and 6. 0, Barry were elected members of the Executive Committee. Minutes of last regular meeting of the Board of Directors held on June 13, 1928 were then read and approved. On motion duly made, seconded and carried, it was, by unanimous vote, RESOLVED: That the action of the President, per hie tele­gram 0-331 of' April 7, 1933, in authorising the Vice-President to prepare and execute usual form of agreement covering sale of Lots 9 and 10, Block 4, Tract 1367, in this Company's subdivided towns!te at Yermo, California, to Charles J. Hammond, total con­sideration 1300.00 (#150.00 per lot), under the terms of which one-fourth of the sale price, $75.00, is to be paid in cash, balance, 1225.00, to be paid within one year with interest at 7$, be, and the same is hereby, ratified, approved and confirmed. On motion duly made, seconded and carried, it was, by unanimous vote, RESOLVED: That the action of the Vice-President, under standing authorisation, in executing usual form of agreement, dated October 5, 1923, covering sale of Lot 12, Block 2, Tract 1867, Yermo, California, to James K. White and Hattie If* bite, consideration $150.00, under the terns of which one-fourth of the sale price, or #37.50, is to be paid in cash, balance, or #112.50, to be paid within one year, with interest at 7$, be, and the same is hereby, ratified, approved and confirmed. On motion duly made, seconded and carried, it was, by unanimous vote, RESOLVED* That the action of the Vice-President, under standing authorisation, in executing usual form of agreement, dated October 8, 1933, covering sale of Lot 3, Hock 1, Tract 1997, Yermo, California, to Bruce McCormick, consideration 1200.00, under the terms of which one-fourth of the sale price, or $50.00, is to be paid in cash, balance, ox $180.00, to be paid within one year with interest at 7 % be, and the same is hereby, ratified,