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I agree.Discussion of how Las Vegas Land and Water Company ownership of all water production would affect their tax situation and the pros and cons of the railroad being named a public utility.
hln001173. Union Pacific Railroad Collection, 1828-1995. MS-00397. Special Collections and Archives, University Libraries, University of Nevada, Las Vegas. Las Vegas, Nevada. http://n2t.net/ark:/62930/d1fx76z3b
English
2074 2U OMA 17 430V MR EEB LA ORIG WR LA CY EEB LA WRR OMA HAVE FOLLOWING FROM MR CHARSKE CONCERNING PROPOSED SALE TO LVL&WCO. 0F WATER PRODUCING FACILITIES LAS VEGAS: QT. (1) WILL YOU PLEASE ADVISE HOW OWNERSHIP OF ALL FACILITIES BY LVL&WCO. WILL PUT US IN ANY BETTER POSITION TO HANDLE DEMANDS FOR ADDITIONAL CAPITAL EXPENDITURES, AND TO BARGAIN WITH PUBLIC SERVICE COMMISSION ABOUT RATES. (2) WHY ABE OUR LAWYERS APPREHENSIVE THAT SOME GROUP MIGHT PREVAIL ON PSC TO DECLARE RAILROAD A PUBLIC UTILITY? (3) WHAT WOULD DISADVANTAGES TO RAILROAD BE IF DECLARED A PUBLIC UTILITY? (4) IF RAILROAD DECLARED A PUBLIC UTILITY, (A) WHY COULDN'T IT EXTRICATE ITSELF FROM WATER BUSINESS, AND (B) DO YOU THINK PSC WOULD REFUSE TO CONSENT TO SALE OF WATER PRODUCING FACILITIES TO WHOLLY OWNED SUBSIDIARY SUCH AS LVL&WCO., AND IF S0 WHY? UNQT. WILL YOU PLEASE COLLABORATE WITH MR BENNETT AND GIVE US THE BENEFIT OF YOUR SUGGESTIONS FOR REPLY. S-371 AES.