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upr000008 75

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upr000008-075
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    asp© LAS VHG'AS Mill) AND I/ATBE GOSFAUf- JL/w If Jlfl © Ji 011 g. Idll^Ct 13; / g ? X1XIL0 * Fils IBS' 2*/ > V" Mr ?. Walter R* Bracken» , . ¥ic#^rei$ident & Agent, La# Vega©'#.' ¥rmaa« > Lear Six,d .’\ ? Referring to your letter of February 2©th, enclosing , list of iaa WmgMA-ipia and Water" Go* lots in Clark* e La# Vega# Townsite , giving number of lots and blocks * prices authorized March 20, 2908# April 1# 1911, and again on June 1, 1914; also proposed reduction in prices as of March 1, 1919» I furnished Mr* Farrell a copy of your letter, also a copy of the statement referred. He agrees with m® approving of the reduced prices at of March 1, 1919, and this will be your authority to proceed to sell on this basis*. Mr* Farrell say# in his letter to me; - ' -? , *1 assume Mr* Bracken will watch the situation closely, and if conditions improve, ox for other reasms higher prices Can be secured, he will avail of the opportunity.* Will ask you to keep this in mind* However, we are both quite .. anxious to dispose of the lots if there is a market for them* How, as to terms of sale; we will probably have to accept part payment, bdlanoe to be paid in a reasonable time with interest ondeferred payments at the rate of say 6;d• However, when there is an opportunity to get all cash, we would like very much to avail ourselves of the opportunity* Very truly yours, • 9:h ,t " - Farrell.' ' . ? I see no reason why you should net now be able to secure a reduc tion in tax assessment on the property this year* J*R*C.