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upr000282 231

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upr000282-231
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2. September 22, 1952 I Mr* W, I. Rous* Sine« the rendition of the Commissions decision of August 13,1952, we have ascertained from the trial court that the trial court believes the Commission’s amended decision to be a reasonable one* The Commission’s deci­sion authorised the Las Yegas Land and Water Company t© increase its rates 20$, but did not order the Company to file a tariff putting the increase into effect, nor did it formally prescribe a scale of rates to produce the 20$ increase* We prepared a tariff which we submitted to the Commission and requested it to prescribe the rates there­in set forth so that the Court would have a definite and specific order to consider* The Commission refused to do this until the Commission’s decision had been approved by the Court* The matter was considered informally by the Court, the Attorney General representing the Commission and Mr*Cory representing us being present. At that meet­ing the Court expressed the opinion that the recent or­der of the Commission was reasonable and over the protest of Mr. Cory entered a judgment affirming the Commission’s decision* I am enclosing a copy of the Court’s order of September 15, 1952. The Commission has announced that pursuant to the Court’s order it will formally place a 20$ increase in affect, presumably as of September 1, 1952. We have been charging the increased rates since September 1, 1952, on the theory that the Commission’s decision of August 13, 1952, was self-executing. I have discussed with Mr, Reinhardt and Rr. Cory whether we should for the present accept the increase granted by the Commission or whether we should take steps to set aside or appeal from the Court’s judgment of Sep­tember 15, 1952. We have finally concluded to accept the 20$ increase and forego any attempts to set aside or ap­peal from the Court order* We reached this conclusion be­cause of the fact that the increase represents a substan­tial increase although not all that we sought. We also took into consideration the fact that we could at a later date file a request for further increases if the new rates do not result in the increased revenues which we hope for. We hope that a 20$ increase in rates will re­sult in greater revenue increases than those estimated by the Commission. We also took into consideration our pending negotiations with the District which may be con­cluded satisfactorily within the next few months. Anoth-