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S A N P E D R O , L O S A N G E L E S A N D S A L T L A K E R A IL R O A D C O M P A N Y § 4CR BANCROFT, First Vioe-president OFFICE OF FIRST VICE-PRESIDENT Salt Lake City. April 12th, 1909, Proposed company houses at Las Vegas' Mr. J. Ross Clark, Second Vice-President. Los Angeles, California. Dear Sir:- Replying to your letter April tenth, Pile Mo.1199. 1 am hardly prepared at this time to go very much into detail on the subject of the Las Vegas Land & Water Company building cottages for employes of the railroad company. Don't think there is any question but what it will be necessary later on to have cottages to rent to such of the shop employes, and possibly other employes, as need them; but whether the Land Company or the Railroad Company should undertake such construction is a matter, it seems to me, to give some thought to. Considering the fact that the former com­pany owns a number of lots in the townsite, and has money in the treasury, it would look on the face of it like a business proposit­ion for that company to erect some cottages; yet there is some question in my mind whether it would not be better for the Railroad Company to build and own the cottages. That company has the organiz­ation to carry on such work, collect rentals, make necessary repairs and all that sort of thing, but it would be necessary to buy or lease lots from the Land Company on which to build. Think it would be good idea to discuss the proposition, when