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upr000094 81

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upr000094-081
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    University of Nevada, Las Vegas. Libraries

    Form 2191-B 1 1 -4 3 -1 M M UNION PACIFIC RAILROAD COMPANY m TELEGRAM LOS ANGELES 5/V53 WRR - OMAHA B-ll. NO. PARAGRAPH POUR REFERS TO REFUNDS BASED UPON PERCENTAGE OF WATER RENTALS RECEIVED PAID BY WATER COMPANY WITH RESPECT TO MAIN EXTENSIONS ALREADY CHARGED TO ITS INVESTMENT ACCOUNT AND IS A FIGURE AMOUNTING TO SEVERAL HUNDRED THOUSAND DOLLARS. OBLIGATION UNDER PARAGRAPH SIX (B) TO PAY DISTRICT UNEXPENDED SUMS OF MONEY ON DEPOSIT WITH WATER COMPANY UNDER RULE NINE CONTRACTS REFERS TO MONEY NOT YET SPENT FOR CAPITAL IMPROVEMENTS AND IS A FIGURE WHICH WOULD AMOUNT TO ONLY A FEW THOUSAND DOLLARS. SINCE WE ARE OBLIGATED UNDER PARAGRAPH FOUR TO GIVE DISTRICT CREDIT FOR UNREFUNDED ADVANCES FROM WHICH CAPITAL IMPROVEMENTS HAVE BEEN CONSTRUCTED, IT IS NECESSARY THAT ALL ADDITIONS AND BETTERMENTS OR EXTENSIONS WHICH HAVE BEEN CHARGED TO CAPITAL ACCOUNT AFTER SEPTEMBER 1, 1952, BE ADDED TO PURCHASE PRICE OR ULTIMATE PURCHASE PRICE WHICH WE WILL RECEIVE AFTER ALL ADJUSTMENTS HAVE BEEN MADE WILL BE SERIOUSLY DIMINISHED. B-43 E E B Time Filed. 80-11. ECR:MSB