UNLV Special Collections provides copies of materials to facilitate private study, scholarship, or research. Material not in the public domain may be used according to fair use of copyrighted materials as defined by copyright law. Please cite us.
Please note that UNLV may not own the copyright to these materials and cannot provide permission to publish or distribute materials when UNLV is not the copyright holder. The user is solely responsible for determining the copyright status of materials and obtaining permission to use material from the copyright holder and for determining whether any permissions relating to any other rights are necessary for the intended use, and for obtaining all required permissions beyond that allowed by fair use.
This material is made available to facilitate private study, scholarship, or research. It may be protected by copyright, trademark, privacy, publicity rights, or other interests not owned by UNLV. Users are responsible for determining whether permissions are necessary from rights owners for any intended use and for obtaining all required permissions. Acknowledgement of the UNLV University Libraries is requested. For more information, please see the UNLV Special Collections policies on reproduction and use (https://www.library.unlv.edu/speccol/research_and_services/reproductions) or contact us at special.collections@unlv.edu.
Digital Provenance
Digitized materials: physical originals can be viewed in Special Collections and Archives reading room
Publisher
University of Nevada, Las Vegas. Libraries
Transcription
* + 0 * % % S2 GO 146U TO THE POWER COMPANIES CONTROLLED BY IT ON THE BASIS OF A PERCENTAGE OF GROSS REVENUES AND AM TRYING TO FIND OUT WHAT THIS PERCENTAGE WAS YOU MIGHT BE ABLE TO ASCERTAIN THIS INFORMATION THROUGH ONE OF THE LOCAL UTILITIES IN LOS ANGELES IF I CAN GET IT HERE IWILL ADVISE YOU IN REGARD TO THE QUESTION AS TO WHETHER THE 6 PCT FOR INTEREST INCLUDES ANYTHING FOR SERVICES OF UP EMPLOYES CAN SAY THAT IT DOES NOT FURTHER CONSIDERATION WITH BARNES LEADS ME TO THE CONCLUSION THAT 6 PCT IS NOT AN UNREASONABLE RATE OF RETURN ON A PUBLIC UTILITY OF THE SIZE OF LVL&WCO AS PER OUR CONVERSATION AND IN LINE WITH MY LETTER TO MR REINHARDT OF NOV 10 I BELIEVE 2 PCT IS AN ADEQUATE RATE FOR DEPRECIATION AND THAT WE SHOULD NOT ENDEAVOR TO SUPPORT ANY RATE HIGHER THAN THAT a-492 WHH DEC 12 1949
