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.
This material is made available to facilitate private study, scholarship, or research. It may be protected by copyright, trademark, privacy, publicity rights, or other interests not owned by UNLV. Users are responsible for determining whether permissions are necessary from rights owners for any intended use and for obtaining all required permissions. Acknowledgement of the UNLV University Libraries is requested. For more information, please see the UNLV Special Collections policies on reproduction and use (https://www.library.unlv.edu/speccol/research_and_services/reproductions) or contact us at special.collections@unlv.edu.
Digital Provenance
Digitized materials: physical originals can be viewed in Special Collections and Archives reading room
Publisher
University of Nevada, Las Vegas. Libraries
Transcription
E E. B. APR l 1947 3 6 - /S' Loe Angeles, 1 Mr. R. M. Sutton: (cc- Mr. Frank Strong Mr* W. H. Hulelser Mr. E. E. Bennett) ApR 1 7847 Referring to your file D 386-4, letter of March 21, regarding the basis of rental charged LVL&WCo. by LA&SLRRCo. under Contract Audit No. 7322. It Is my Judgment the Interest and depreciation rates and the tax allocation which were In reasonable amounts when the contract was originated, should in view of the conditions now existing, be materially revised. Members of the Nevada Public Service Commission and of the State Tax Commission when considering the Las Vegas Water Plant have repeatedly protested the rental as being exorbitant and unjustifiable. concrete structures, pipe lines and wells,excepting derricks, at 2 percent, frame housing and derricks at 4 percent, and pumping equipment at 10 percent; with respect to taxes: the various members of these commissions have protested the Inclusion of taxes I would recommend: the Interest rate be reduced to 4 percent, that separate depreciation rates be established for
