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Mr0 Leo McNamee -3- November 29, 1954 to Mr0 Bennett about distributing letter*) So I told him I am a little puz­zled by this situation,, You are suggesting to us, apparently, at least from your letter, that the District go to the taxing authorities of Nevada and ask that taxes for the entire year be excused* I do not see how you can do that in view of the fact that there was a provision in the contract that we would prorate taxes* Hamilton: That’s correct— part of the contract that he does not quote* Campbell: Well, he was inclined to sort of toss that out the window and say I think you can do this, that, and the other thing* (Explains that he had not had time to study the exchange of correspondence*) Now that I have, I will say to you, I will say to Ed Bennett, and I will say to Stoddard that I am appalled that the Union Pacific would stoop to such tactics* Hamilton: That is the same reaction 1 had* Campbell: I am absolutely appalled that they would come to us and sug­gest that the District should join with them in trying to bald-facedly cheat Nevada out of its taxes, but I did not want to go too deeply into the thing until I was sure what position would we, the Directors, be in* Would we, prudent businessmen, with any right to be Directors make a deal and fail to provide that taxes would be prorated* Now from the time that we take the property over, we are exempt from taxes* Right? Hamilton: That is one thing I have never known, Tom, whether we have to pay those taxes or not since they have been levied; but that is the thing you would have to rely on **** Campbell: Well, certainly there is no justification for the District trying to go to the taxing authorities, the Tax Commission, and ask that the entire year's taxes be canceled* Hamilton: I think you are completely right* I was a little irritated, too, at that indication that they had given us $18,OCX)* He knows very well he got us into a situation where he got it into the contract that we had to pay that, but nobody intended that it be paid* Campbell: That was exactly my reaction to it, too, that he was trying to say that— and says in this letter to me something which 1 believe is com­pletely out of place, "it seems to me that the District might be willing to assist us in having the taxes for the entire year waived," but the point I emphasize is this, "which I think they can properly do under the terms of the contract and the deed, and, as a matter of fact, which they legally might be required to do since the property was accepted by them subject to out­standing taxes and liens, whether paid or unpaid*" He is entirely wrong* In the first place, 1 do not think we are willing or should concede to any such thing* I do not think w© could properly do it under the terms of the contract; and, certainly, there is no way that they could legally require