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upr000101 138

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upr000101-138
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Z056U RUSH OMA IS 123P ECR LA RE TELEPHONE CONVERSATION THIS MORNING* STATEMENT SENT YOU WITH MY LETTER MAY 21, 1954, TOTAL AMOUNT $2,475,046*18 INCLUDES $23,233*7 9 REPRESENTING DONATIONS WITH RESPECT TO ADDITIONS AND BETTERMENTS FROM SEPT 1, 1952 TO JULY 1, 1954 UNDER RULE 9 CONTRACTS* THIS AMOUNT OF DONATIONS IS INCLUDED IN ITEM 9 <C > ON SHEET 1 OF STATEMENT AND REPRESENTS - ACTUAL DONATIONS TO APRIL 30, 1954 SHOWN ON STATEMENT SENT YOU WITH MY LETTER MAY 24, 1954 $18,633*7 9 DONATIONS REPRESENTING ESTIMATED AMOUNT OF ADDITIONS AND BETTERMENTS TO BE REPORTED IN MAY AND JUNE 1954 4,600.00 TOTAL $23,233*79 WITH RESPECT TO MODIFYING SECTION 9 <C> OF AGREEMENT DATED JUNE l, 1953 TO AUTHORIZE THE ELIMINATION OF ABOVE DONATIONS AS AN ADDITION TO THE BASIC PURCHASE PRICE, SUGGEST THE FOLLOWING LANGUAGE FOR CONSIDERATON QUOTE THE FINAL PURCHASE PRICE SHALL NOT INCLUDE ANY AMOUNT CHARGED TO INVESTMENT ACCOUNT ASA DONATION BY THE LAS VEGAS LAND AND WATER COMPANY WITH RESPECT TO ADDITIONS AND BETTERMENTS MADE FROM SEPT 1, 1952 TO THE SALE DATE UNDER RULE 9 CONTRACTS END QUOTE* J 76 RMS $2,475046*18 23,233.79 18,633.79 4,600.00 23,233.79.