UNLV Special Collections provides copies of materials to facilitate private study, scholarship, or research. Material not in the public domain may be used according to fair use of copyrighted materials as defined by copyright law. Please cite us.
Please note that UNLV may not own the copyright to these materials and cannot provide permission to publish or distribute materials when UNLV is not the copyright holder. The user is solely responsible for determining the copyright status of materials and obtaining permission to use material from the copyright holder and for determining whether any permissions relating to any other rights are necessary for the intended use, and for obtaining all required permissions beyond that allowed by fair use.
Read more about our reproduction and use policy.
I agree.Las Vegas Valley Water District lawyers broaching the subject of purchasing the Las Vegas Land and Water Company
hln000928. 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/d1h12z748
English
JONES, WIENER & JONES Attorneys at Law Beckley Bldg., Las Vegas, Nevada January 18, 1949. Las Vegas Land and Water Company, Bryand and Cory 114-1/2 Las Vegas, Nevada. Gentlemen: At a meeting held in Las Vegas Friday, January l4th, the Board of Directors of the Las Vegas Valley Water District requested me to write to you stating that the Board is desirous of commencing negotiations with you with a view to making an appraisal of your properties in Las Vegas as a foundation for further negotiations. It was suggested that possibly the Water District could appoint an engineer to work with your engineer in making a preliminary survey and appraisal of your physical properties and that you might be willing to permit an accountant or auditor, selected by the Water District, to confer with your own account-ants and auditors to obtain the necessary information upon which to base book values. It appears to the Water District that some of this preliminary survey work would have to be done in order to form the basis for negotiations. As you have been previously advised, the Water District desires to purchase your company's interest in Las Vegas, and are prepared to go forward with a program aimed at establishing a just and fair appraisal, and of detaining the funds necessary to compensate you for your properties if and when an agreement as to price is reached. In this regard I am pleased to state that for some time the Water District has been in communication with one of the Nation's foremost firms of bonding attorneys. We are prepared to take full responsibility for the legality of the District, its organization and any bonds it might issue to raise the funds necessary to purchase your interest. At the appropriate time we will furnish you an opinion by a recognized firm of bonding attorneys approving the legality of the District and of any bonds we may issue for the purpose of raising funds with which to purchase your proper-ties. It would be appreciated if you would let us know your thinking with regard to this matter and give us the benefit of your suggestions as to how we might best go about obtaining the information necessary as a basis for negotiations. REJ/bmp Very truly yours, /s/ ROBERT E. JONES, District Attorneys