man000165 31

FEDERAL HOMES. INC ASSIGNMENT IS LIQUIDATION TO STOCKHOLDER KNOW M M t MEN BY THESE W S W S s That on the 29th day of January, 1959, the Board of Directors of federal Hemes, Inc., a Nevada Corporation, in a legally called special neeting of the said Board, did adopt a resolution authorising the coaplete liquidation of the said Federal Hemes, Inc. and a plan for effecting such coaplete liquidation; That on the said 29th day of January, in a legally called special meeting of the stockholders of the said Federal Hones, Inc., the said stockholders did, by unanimous vote of all of the outstanding capital stock of the said corpora­tion, approve the aforesaid resolution of the Board of Directors; That among the assets of the corporation to be distributed to the stock­holders under the said plan of coaplete liquidation are certain rights to re­ceive refunds from the Las Vegas Valley Water District, such refunds being con­tingent upon revenues received by the said Las Vegas Valley Water District from service to the properties improved by Federal Hoses, Inc., all under the terms of a contract existing between the Las Vegas Valley Water District and Federal Hoses, Inc.; That the aforesaid resolution authorising complete liquidation of Federal Hemes, Xne. provides that the right to receive future refunds from the Las Vegas Valley Water District shall be assigned to the stockholders of Federal Hones, Inc. pro-rata as their stockholdings, as follows: Therefore, pursuant to the authorisation of its Board of Directors, Federal Hones, Inc. does hereby assign and convey to the right to receive twenty per cent (20%) of any refunds to be paid subsequent to this date by the Las Vegas Valley Water District by reason of its contract with Federal Homes, Inc. Murray Wollman Melvin and Corinne Moss Harry Mack Nate Mack Louis Mack Jerome D. Mack 35% 30% 19% 5% 16% HARRY MACK Dated this eSmTATmE rO mf N EVADA) glare)8® 3 Notar^, Public