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Transcription
C o n w a y , M o e , H i b b s & f u n s t o n M E M B E R S A M E R IC A N I N S T I T U T E O F A C C O U N T A N T S N E L S O N C O N W A Y , C .P.A . C E R T IF IE D P U B L IC A C C O U N T A N T S 4 4 0 H O O V E R S T R E E T L A S V E G A S , N E V A D A K E R M IT M OE, C .P .A . C L A R E N C E T . H IB B S , C .P .A . T E L E P H O N E 7 0 2 0 R. Y O R K F U N S T O N , C .P .A . June 3, 1954 Mr. Franklin T. Hamilton O'Melvany & Myers Attorneys at Law 433 South Spring Street Los Angeles, California Dear Sir: We have received a copy of Mr. Bennett's letter to you of May 26, 1954, with regard to the computation of adjusted price as of April 30, 1954* Our report covering our examination of this computation is now in process, and will be ready for transmittal to the District by the first of next week. However, we wish to note that there vd.ll be a variance of approximately $18,500.00 in the adjusted purchase price as between our report and that submitted by the Auditors for the sellers. We suggest that the final escrow instructions be held in abeyance until this matter is resolved. A detailed report will^follow. Yours very truly, CONWAY, MOE, HIBBS & FUNSTON cc: Mr. Thomas A. Campbell President, Las Vegas Valley Water District NC/t
