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upr000018 21

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upr000018-021
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University of Nevada, Las Vegas. Libraries

Mr. W, H. Bancroft, First Vice President, Salt Lake City. Dear Sir:- I have your letter of December ninth approving the arrange­ment suggested for loaning money to employees for building houses at Las Yegas. Perhaps my letter of the third was not entirely clear, but it was my intention, as well as Mr. Clark.*-s., that this entire trans­action should be handled by the Las Vegas Land and Water Company, and that the Railroad Company should have nothing whatever to do with it. I have asked Mr. Halsted to prepare a form of contract and will sub Tit it to the Committee for approval before putting it into effect. J.Ross Clark, Yours truly,