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upr000039 10

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upr000039-010
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University of Nevada, Las Vegas. Libraries

Las Yagas. Hev* Sept*15,193Q W-23-1-7 ?7- p - + - 1 •! Subject? Water Mains * Depreciation ©f * Mr* C*C*Barry, And!ter, Los Angeles, Calif* Bear Sir? Kef erring, t© year letter September 6, 1930* File LY 15, regarding depreciation m the fSSO.O© added investment in water system covering the 750 feet of redwood pipe receiv­ed from the Park Yiew Mutual Water Company? She remaining life of this pipe is about twelve ©r thirteen years and I believe the rate ©f depreciation should he if$* Our rate of depreciation on redwood pipe is 4$# How­ever, this line has been la the ground for seme time and was not installed under the supervisiea of this Company; there­fore, I consider it necessary to apply the higher rate of depreciation* Yours truly* sec mc 11 fWM k. "mnsmr Tice-President & Agent*