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upr000061 152

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upr000061-152
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    This material is made available to facilitate private study, scholarship, or research. It may be protected by copyright, trademark, privacy, publicity rights, or other interests not owned by UNLV. Users are responsible for determining whether permissions are necessary from rights owners for any intended use and for obtaining all required permissions. Acknowledgement of the UNLV University Libraries is requested. For more information, please see the UNLV Special Collections policies on reproduction and use (https://www.library.unlv.edu/speccol/research_and_services/reproductions) or contact us at special.collections@unlv.edu.

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    Digitized materials: physical originals can be viewed in Special Collections and Archives reading room

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    University of Nevada, Las Vegas. Libraries

    ( C O P Y ) Los Angeles, Calif., April 14, 1932 BD 23-1 Mr. F. H. Knickerbocker: Referring to your letter of April 4, 1932, Ho* 9215-3-W, enclosing copy of Mr. Gray’s letter of March 17th, together with statement referred to therein, concerning financial returns from operation of the Las Yegas Land and Water Company in furnishing water at Las Yegas for period January 1, 1920 to September 30, 1931, and returning attachments» We have checked the figures on the statement of operat­ing results and have indicated on it in pencil where the figures do not agree with our books. There are various differences on the statement which when taken into consideration result in re­ducing the deficit for the period involved from $29,994.09 to $26,886.27 or a difference of $3,107.82. The difference in rev­enues for the years 1921 to 1925, inclusive, was due to the omis­sion of a yearly item of $7.32, covering rent from use of a small pipe line at Las Yegas, in accordance with Contract Audit Ho.1987 between the L.A.& S.L.R.R.Co. and the Water Company. This item was included in the revenues for 1920 but was apparently over­looked when the revenues for the subsequent years up to and in­cluding 1925 were compiled, but in our opinion should be included in the total revenues from water operations at Las Yegas. The differences in the Investment figures'for the years 1926 and 1927 were due to the omission of an item of $1,284.11, representing the cost of water service connections which were car­ried in a separate ledger account at that time and should be in­cluded in the total investment in the water system.