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(bcc - Mr* E. Mr. R. Mr. W. Mr, F. Mr. L. E. L. H. A. R. Bennett (2) Adamson ) Hulsizsr ) Hubbard | Maag (2) f June 26, 1952 Mr. Dames M« Xontgeaery Consulting Engineer 15 North Oakland Avenue Pasadena 1, California Dear Mr. Montgomery: In aeeordance with the understanding between you and Sir. M&asc. of my office, 2 have this date handed you three copies of a 3-paga statement dated dune If, 1952, showing a comparison of values arrived at in the appraisals Prepared by engineers for the Railroad Company and your office ueting as engineers for the later District. The attached statement is divided to show separately reproduction cost new and reproduction coat new less depreciation, together with a summary showing a comparison of the results developed by the two appraisals and the differences developed therein. fhe summary also shows amounts representing total additions for the period, January 1, 1951, JjjJ*** 1 These additions were developed by taking the vestment cost of additions separately for the J u n c t i o n Facilities and Distribution Facilities and applying the following percentages to bring them to the basis oi reproduction coot as of May 1, 1952t Production facilities* 155.025 recorded investment cost plus 5* to cover freight and 2.7065* to cover overhead percentages, resulting in a total of #62,206. Mflfcrlbdfrlan Keel lit iaa.: 1172,290 recorded investment cost plus 6 .359! to cover overhead percentages,result-isag li a total of | l « 3 , m .