Letter from William Reinhardt (Los Angeles) to A. E. Stoddard, January 31, 1951

Los Angeles - January 31, 1951 Mr. A. E. Stoddard: ( CC -- Mr. W. H. Hulsizer Mr. C. C. Ritter Mr. E. E. Bennett Mr. C. H. Baten Mr. W. H. Johnson Recommendation for Las Vegas Land and Water Company authority to terminate as of January 31, 1951, agreement Audit No. 10250 dated September 1, 1943 with Willie T. Stewart as amended and assigned to Willie T. Stewart, Vernon E. Bunker, Earl Leavitt and William Udall Stewart, covering lease of the Ranch at Las Vegas, Nevada, which expires August 31, 1953 at annual rental of $4,000 and enter into new 5 year lease, subject to 60 day termination at reduced rental of $125.00 per month. On January 1, 1951 Lessee pursuant to Section 10 of agreement served notice exercising his right of terminating lease upon 6 month notice. Mr. Stewart advices that since the City discontinued use of the old septic tank there is not sufficient Water available for irrigation purposes and it has been necessary to discontinue all farming operations and to hand in feed for his dairy cattle which he maintains upon the Ranch. There is sufficient water available at the Ranch for domestic purposes and his dairy operations and Mr. Stewart, who owns the dairy buildings, is willing to execute a new lease for continuance of his dairy operations on the Ranch, upon the following terms: Terms of Lease - 5 years effective February 1, 1951 subject to 60 day termination by either party. Rental - $125.00 per month. (CONTINUED) Mr. A. E. Stoddard #2 Conditions - 1. The area outlined by yellow to be used for dairy operations and residential purposes. 2. The area outlined by red to be used for grazing purposes. 3. Lessee to maintain all buildings and fences in manner satisfactory to Lessor. 4. Lessee will at his expense, during term of lease, carry fire insurance in name of Lessor on the Old Ranch House north of Creek and the ranch house south of the creek in amounts satisfactory to Lessor. 5. Lessee will keep the premises free from trash and other refuse. 6. Lessee will use such water for stock watering and domestic purposes as is permissible under application and Permit No. 10439 issued by Nevada State Engineer. Without adequate water for farming purposes, we cannot secure a responsible lessee who will pay present rental and if the ranch is vacated we will be subjected to continual trouble with squatters and other nuisances, in view of which I recommend authority to terminate present lease as of January 31,1951, and enter into new lease upon above terms. Mr. Bates approves proposed reduction in rental and Mr. Bennett sees no legal objection. Wm. Reinhardt