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<5iii Las Vegas land and water Company C. WHITTEty'SRE, Prest., Los Angeles, Cal, OFFICES F- A. WATERS, AGT., I. BETTIS, Vli,l>PREST. AND AUDITOR, Los ANGELES, Cal. PACIFIC ELECTRIC BUILDING LOS ANGELES, CAL. . H. COMSTOCK, SECRETARY, Los ANGELES, Cal. LOS ANGELES, CAL. W. R. BRACKEN, AGT., . H. LEETE, Treas., Los Angeles, Cal. and LAS VEGAS, NEV. LAS VEGAS, NEV. COPT •*.Earnings and Expenses Rooming House. Los Angeles, Cal., September 30, 1913. Mr. H. C. Nutt, President, Dear Sir:- Building. I enclose herewith a statement showing the earnings and expenses of our rooming house at Las Vegas for a period from January 1, 1913, to September 1, 1913, You will note that no account has been taken of the interest on the investment. The total investment for the lots, the building and furniture and fixtures is $35,568.15, which, at a rate of 4$, would amount to $1423.73 per year, and for a period of eight months, as covered by the statement, would amount to $948.48, which, if added to the deficit, would make a total deficit of |2100.90, Referring to the items of expense:- The first item "Proportion General Office Expenses", is a portion of an arbitrary charge made by the Railroad Company monthly against the Las Vegas Land & Water Company as follows: Vice President & Auditor Treasurer Right of Way & Tax Agent Clerk and other incidental expenses (postage,etc.) $100.00 50.00 25.00 100.00 '375.00