WHITE MOUNTAINS LAND TRUST

Minutes of July 31, 2004

The meeting was called to order at 4:10 p.m. Attending were: Norris Dodd, Keith Justice, Richard Remington, Gretchen Forbeck, Mary Ellen Bittorf, and Paul Esswein.

Keith Justice made a motion to approve the minutes of June 26, 2004. Norris Dodd seconded. Motion carried.

Changes to the by-laws were discussed.

Some suggestions were: The board will have a president, not a chairman. Norris Dodd will get a P.O. Box in Lakeside.

There were numerous changes made to the by-laws which Paul Esswein will present at the next meeting.

The next meeting will be August 28, at 4:00 p. m.

Meeting adjourned at 4:45.