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man000177-216
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I agree.August 12, 1950. The following data came from the U.P. Auditor’s Office, at Omaha, and shows the computations under which Las Vegas Land and Water Company paid rent to the U.P.RR for "Joint Facilities". (secured by Mr. Butterfield and found in our records) Valuation of facilities for year ending Dec. 31, 1948, based on valuation as of December 31, 194?: Land 1 34,985.88 Improvements 731,820.30 (no details) - $ 768,808.18 Interest— Q% on $766,806.18 Depreciation- 4$ on 731,820.30 Taxes $1.75 per $100 on #766,806.18 Insurance (estimated) Maintenance of wells, reservoirs, pipe lines, etc., during 1947 /4/?n^iSL Total $ 46,008.37 29,272.81 13,419.11 50.00 23,398.90 #112,149.19 Pro-rated as follows, be. sed on w?ater used: U.P. RR 305,682,205 gallons 8.75# LVL&W Co 3.188,676,103 gallons 91,25# Production of water 3,434,358,308. 100,00$ 8.75$ of expense of #112i,149.19 3,813.05 91.25# of expense § 102.336.14 $ 112,149.19 This is entered &s»ACC0UNT 412"— in amount only,in the report to the Nevada Public Service Commission. NOTE: The District does not need to purchase all the land. The improvements consist of II wells, settling basins, and two reservoirs: 2,500,000 gal. 1,200,000 gal. Two pumping stations, with buildings. Transmission mains between wells. (see Detail sheet attached)