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H / LAB VfcGAS LAND A m WATlR GOMPANX Omaha - April 9, 1954 704-3& Mr* 1. IS, Bennett - Los Angeles, California CC - Mr. if. R. Rouse A Mr, W, H, Hulsiser Mr, L. 1* Meeg, Las Vegas, RevaAaj^Hj^^ This refers to section* 1 (h), 9 fd) and 10 (e) of contract, covering the sale of the water production, storage said distribution system at Las Vegas, Nevada to Lae Vegas Valley Water bl n trie t« Of the agreed upon east for automotive and Bhop Equipment as of September 1 , 19 5 2 , the following remains in the Investment Accounts 1 - 3 - 1 - . Ledger Value Automobile | *724,80 Auto Trucks 5 347.69 *8* Tapping Machine with necessary CC Drill Tap and screw Plug# g 130.50 Total $ 8 202.99 ®® 5I *0 Cro O n iL't section 1 above was 1176.55. The difference between the ©mount designated in (h) of contract for this equipment and the total shown retired under work order 735, May 29, 19 5 3 , amount Likewise the value of Material and Supplies as car­ried on the books of the Company was designated as $2* ,902.90 as of September 1, 1952 and as of February 28, 1954 has a value of #24,559.84, Questions now arise, concerning similar equipment, which when purchased was charged to Operating Expenses, seme of which will be on hand at the time of sale and which appears should fee included in sale to the Water District, Review has been made of such purchases during the past year and the following are some of the orineipal items charged to Operating Expenses. Automotive koulpmept R E F E R E N C E : 'S<?«4<rs' /£j\ A T T E N T I O N : Tires $ lubes Various parts and accessories