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August 30, 1956 80-11 r-' First National Bank of Nevada Las Vegas Branch Las Vegas, Nevada Attention: Mr. N. P. DeConter Re: Your Escrow No. 12-1905 Dear Mr. DeConter: Referring to your letter of August 16th in con­nection with the above escrow, which originally covered the sale by the Union Pacific Railroad Company, the Los Angeles & Salt Lake Railroad Company, and the Las Vegas Land and Water Company to the Las Vegas Valley Water District of the properties of the Water Company in Las Vegas, including the fulfillment of the various and sundry covenants and conditions set forth to that agreement of June 1, 1953, between the Railroad Companies, the Water Company, and the Water District: Pursuant to Supplemental Escrow Instructions of August 3 0 , 1 9 5 ^ , the provisions of the original Escrow Instructions as supplemented up to that time were com­pleted, other than the retention by you of the Relocation Fund of $ 3 5 2 ,0 0 0 . Under the agreement of July 3 1 , 1 9 5 6 , between the Railroads, the Water Company and the Water District, you were authorized to pay the Relocation Fund to the District under the terms of that agreement. This would seem to completely dispose of the purpose of the escrow, and completely fulfill all the terms thereof; and all the rights, interests, and equities arising out of said escrow insofar as the Railroads and Water Company are concerned have been fully observed by the First National Bank of Nevada.