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Salaries (Aoot. 7AL.Xl)f arise from those law expenses that jtre Incurred In Las Vegas and those outside for the account of the Veter utility. the local legal work relates essentially to such items as matters before city and county authorities and drawing up contracts for main extensions with real estate subdividera. Direct charges are made to the water eyetern when possible. 0f the total amount of such local expense Jointly incurred by all Las Vegas activities of L.V.L. and V, Co., 60% is charged to the Water Utility. Legal expense arising for services performed by the management company cover general corporate work* including the draw­ing up and review of outside contracts. Legal expenee thus assigned for the year 19^9 A- Arising at Las Vegas £3*270 B- Outside of Las Vegas . Idfgg total #5*W These charges represent approximately 2.6% of the total expense** exclusive of income taxes. 761.26 - Other Miscellaneous general Expenses Some of the miscellaneous expenses Included in this account are on a prorated basis* while others * such ae water con­servation advertising, are directly charged to water utility operation. 762. - Retirement Expense Retirement expense is the computed annual depreciation expense. It is calculated on m straight-line basis against the investment cost of depreciable property used in providing water service* excluding any amortised facilities. 785.3 - Peaslone these are the direct payments to retired employees coming under pension benefits. At present only one person is on the pension roll of Las Vegas Land and Water Company, these