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Page 3. At the time of transmitting Mr. Stoddard’s February 6 acceptance letter to the District, Mr. Bennett stated that a draft of the final agreement would be completed by the Railroad Company's Law Department within a maximum of two weeks. March 23, 1953: The District received in Las Vegas from the Union Pacific Legal Department in Los Angeles the first typewritten draft of the proposed purchase agreement. The draft bore a date of March 16, 1953 but was not dispatched from Los Angeles until March 22. Immediately upon receipt, copies of this draft were furnished to all Directors of the District, its Counsel and Engineer. An exchange of correspondence ond several conferences and meetings by District members and advisors followed. April 7, 1953: The first conference between legal representatives of the Railroad Company and the District was held in Los Angeles. April 15, 1953: At a meeting of the District, the members requested District legal Counsel to urge that a meeting between officials of the Company and the District Board of Directors be arranged in Las Vegas within a week from that date. May 1, \953:, Vice-President Reinhardt of th© Union Pacific Railroad definitely agreed upon a Las Vegas meeting date Friday, May 8. Because this date conflicted with other prior engagements of District Counsel and members, it was finally agreed that the meeting would be held in Las Vegas at 9 o'clock Tuesday morning, May 12, 1953. May 8, 1953: Vice President Reinhardt of the Railroad Company, in a telephone conversation to the District's President, stated that in his opinion a meeting on May 12 would be premature because counsel for the Railroad Company and the District have not yet reached a final agreement or definite disagreement on all points. He suggested that the meeting be postponed until a later indefinite date. .After taking the matter up with members of the District, the President informed Mr. Reinhardt that the District Directors were firmly of the opinion that the time has definitely arrived when Railroad Company officials and executives clothed with authority to settle matters of policy, adjudicate controversial points, and make final decisions, should meet with the Directors of the District. May 9, 1953.