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& Mr* R . M« S u tto n : ce - M r. E. ffd </S M z o . / y d. MAR . 9 1959 Omaha - March 5# 1959 3649-Nevada / ; l V F mar ! 9 U 7959 : Tour l e t t e r F eb ru a ry 2 5 th r e g a r d in g Nevada L e g is ­l a t i v e A ssem bly B i l l 45: H avin g i n mind t h a t th e Las V egas Land and W ater Company i s a Nevada c o r p o r a t io n , I w ir e d Mr* Renw iek on March 4 th a s f o l l o w s : "R e Mr* S u tto n ’ s l e t t e r t o me F eb ru a ry 25 c o n c e rn in g Nevada A ssem bly B i l l 45 : Do you a g r e e w ith M r. T r a c y ’ s v ie w s ? G a ll a t t e n t io n t© f a c t t h a t LVL&W i s Nevada c o r p o r a t io n * I am n o t ad­v is e d and cannot d e v e lo p any in fo r m a tio n h e re w ith r e s p e c t to e x te n t t h a t Company has in th e p a s t co m p lied w ith e x i s t i n g re q u ire m e n ts o f t h i s s e c t io n * Do you , M r. G ory, o r Mr* Johnson, S e c r e t a r y o f th e Company, have any in fo r m a tio n ? As X a n a ly z e B i l l 45 th e amendments seem innocuous in so f a r a s LVL&W i s co n c e rn e d , and hence our o n ly con cern i s w ith r e s p e c t t o ou r com p lian ce w itn th e p r e s e n t s t a t u t e . J -B 4 2 ." t o w hich he r e p l i e s : "Y o u r J-B 42. I a g r e e w ith Mr® T r a c y ’ s v ie w s t o th e e f f e e t t h a t NR3 S e c t io n 7$*105 d o es n o t a p p ly t o Union P a c i f i c o r LA&3L. As t o LVL&W in q u ir y d e v e lo p s t h a t t h e r e has been no com p lian ce w ith th e s e c t io n e i t h e r a s i t i s a t p r e s e n t o r as sought t o be amended. In my o p in io n , h o w ever, con cu rred in by M r. C o ry , t h e r e i s no s u b s t a n t ia l r i s k o f in c u r r in g th e p e n a lt ie s o f th e s e c t io n * N e v e r th e le s s I in te n d t o fu r n is h f o r k e e p in g by M r. C ory as Nevada a g e n t , c e r t i f i e d c o p ie s o f a r t i c l e s and bylaw s and a ls o a s to c k le d g e r showing a l l s to c k is s u e d t o LA&SL. R -7 * 1* W. R. ROUSE