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OFFICERS AND DIRECTORS lAS A. CAMPBELL 'SIDENT SPB v k L. BUTTERFIELD e. a. s APR 13 1953 VffcE PRESIDENT WILLIAM COULTHARD LAS VEGAS VALLEY WATER DISTRICT 900 SOUTH 5TH STREET SEC'Y-TREAS. HARRY E. MILLER E. OTTO UNDERHILL JAMES CASHMAN JOHN BUNCH L ‘ LAS VEGAS, NEVADA TELEPHONE 5920 April If, !*** Mr, A, £. Cahlon im Vega# Review Journal 737 North Maf-it Street La# Vegos, Nevada Alt Th» enclosed material will serve to bring you right up to m the sNtotof the negotie* tie® for purcha#©* of the im Vega# Land & Water Casualty system by the District. it is « HtfJe disconcerting, to my the least, that the Union Pacific people should take the position that the District I* responsible for a delay In bringing the negotiations to a final conclusion. Here are the facttj A# long age at the middle of last August, a definite understanding was reached between the Wofor Company and the District for purchase of the local water system at a base price of At the instance and request of the Union Pacific officials and attorneys, the District formalized Its offer of $2,500,000 in on official communis of ion dated August 25, if52« The Union Pacific people “played around* with the matter until the middle efSwg^when they submitted to the District for execution a re-draft of the August 2$ offer to purchase. offer m October i$, ifit. from that time until the latter part of January the Union Pacific people again “set anM the proposal to perches®. Once again they subedited an amplified and completely revised pm* chase offer for the District to execute and submit. Once more foe District cooperated. Thereafter there was another long wait until March 23 when foe Union Pacific attorneys sub­mitted what they styled a '‘preliminary first draft* of foe final agreement. This was doted March id but did not arrive in hot Vegas until March 23. o $2,500,000. It was not possible for foe District's counsel and engineer# to get together for conference until last Tuesday, April 7. On the following day, April I, Attorney Franklin Hamilton of the iaw offices of O'Melveny Is Myers wrote per foe enclosed letter of that date and forwarded 13 pages