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wi .*?* LAS VEGAS LAND AND WATER COMPANY Omaha * April 9, 1954 70*1-36 Mr. E. E. Bennett - Los Angeles, California Jill mI * L A / APR • 12 CC * Mr. W. R. Rouse Mr. W. H, Hulsizer Mr. L. R. Maag, Las Vegas, Nevada: 1 1954 This refers to sections 1 (h), 9 (d) and 10 (o) of contract, covering the sale of the water production, storage and distribution system at Las Vegas, Nevada to Las Vegas Valley Water District, Of the agreed upon cost for automotive and Shop Equipment as of September 1, 1952, the following remains in the Investment Account: Automobile Auto Trucks "B" Tapping Machine with necessary CC Drill Tap and Screw Plugs Total Ledger Value f 2 72V80 5 3^7.69 JdQ.,30 8 202.99 The difference between the amount designated in section 1 (h) of contract for this equipment and the total shown above was retired under work order 735,, IMay 29, 1953» amount #176.55. Likewise,the value of Material and Supplies as car­ried on the books of the Company was designated as $29,902.90 as of September 1, 1952 and as of February 28, 195A has a value of $2A,559.8A. Questions now arise, concerning similar equipment, which when purchased was charged to Operating Expenses, some of which will be on hand at the time of sale and which appears should be included in sale to the Water District. Review has been made of such purchases during the past year and the following are some of the principal items charged to Operating Expenses. Tires Tubes Automotive Equipment Various parts and accessories