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Transcription
? . Item 3» Uisadvantage to railroad if declared a Public Utility would be that it would bo subject to any orders of P9C which could bo sustained la court ordering it to increase water production which might conceivably bo a demand to finance the bringing la of Lake Mead water. Alee it oould not die-continue water service without consent of the Commission. Item hki XJPHR oould not extricate Itself from water business without consent of Commission. Under present circumstances do not believe it oould find outside buyer for property ut a reasonable price even thou# Commission would consent. Item hSt At present Xevade Lav does not specifically provide for approval of Commission for sole of Utility, but Sill before Legislature at present tins if passed would so require. If UP were declared a Utility it would only bare been so declared to force it to augment water supply. Under such cireumstaneee X would naturally expect Commission to resist any attempt by UP to avoid its obligations by transferring its water properties to a subsidiary which had only such financial backing as its parent corporation would give it. EEB agrees with the above. (S tgru xT ) W M . R E lN H A S m XX XCS/J - 2 • B C. Mar 18 K. 1953 \
