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upr000094-002
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I agree.Form 2191-B 1 1 -4 3 -1 M M * Time. Filed.____________!__M LOS ANGELES 5/8/53 UNION PACIFIC RAILROAD COMPANY TELEGRAM ^ _ ;7 ORIG RMS - OMAHA OYS AES WHH WRR - OMAHA MCC WR - LOS ANGELES YORK LETTER MAY 7, 1953, ENCLOSING STATEMENTS REQUESTED MY LETTER MAY 1, 1953, CONCERNING ADDITIONS AND BETTERMENTS TO WATER FACILITIES OF LA&SLRR AND LVL&W COMPANY LAS VEGAS NEVADA. IT IS MY OPINION SECTION ELEVEN OF MARCH 16, 1953, DRAFT OF PROPOSED PURCHASE AND SALE AGREEMENT WITH DISTRICT WITH MODIFICATION SUGGESTED IN MY B-42 PRESENTLY REQUIRES THE SEPARATION OF CAPITAL CHARGES AS OF SEPTEMBER 1, 1952, IN ACCORDANCE WITH MANNER IN WHICH YOUR LETTER OF MAY SEVENTH STATES THE SEPARATION HAS BEEN MADE IN THE ENCLOSED STATEMENTS. UNLESS I DO NOT UNDERSTAND THE ACCOUNTING PROBLEM SECTION ELEVEN DOES NOT REQUIRE FURTHER CLARIFICATION. WHAT LANGUAGE DO YOU SUGGEST WHICH WOULD CLARIFY THE PROVISIONS OF THAT SECTION? B-50 E E B