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Discussion of the new lease for W. T. Stewart for the Las Vegas Ranch with provisions that Stewart is obligated to use all the water that comes onto the ranch, freeing the Las Vegas Land and Water Company from problems due to effluent.
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Archival Collection
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hln000541. Union Pacific Railroad Collection, 1828-1995. MS-00397. Special Collections and Archives, University Libraries, University of Nevada, Las Vegas. Las Vegas, Nevada. http://n2t.net/ark:/62930/d1nz83p71
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W 18-1-12-A Mr. G. F. Ashby: Los Angeles - September 10, 1943 1-7334 (CC - Mr. W. H. Hulsizer Mr. W. R. Bracken Mr. W. H. Guild Mr. E. E. Bennett Mr. Chas. Adams ) Recommendation for execution of accompanying agreement between LVL&W Co. and Willie T. Stewart cover-ing lease of Las Vegas Ranch property for term of ten years commencing Sept. 1, 1943; reciprocal 6 mos. term-ination provision, rental $4,000 per annum. The Ranch property was under lease for ten years, expir-ing Aug. 31, 1943, to Albert Wittwer, rental $2,000 per annum. Mr. Wittwer died during 1942, and his personal property was acquired by Willie T. Stewart by court order, and we assigned the lease to the latter as of July 16, 1942. Mr. Stewart has requested 10-year lease and has agreed to pay rental of $4,000 per annum. The lease as drawn relieves the Land Co. of any obliga-tion to furnish water, but obligates the Lessee to use upon the premises such of the overflow water that may reach the premises through Las Vegas Wash, and to use the effluent from the old septic tank. The latter provision relieves us of possibility of damage suit account this effluent reaching and damaging premises below our property. Stewart is an experienced rancher, of good reputation, and I join with Mr. Bracken in recommending execution of the lease. Mr. Guild concurs, Mr. Bennett sees no legal objection, and ad-vises the document may be executed by you subject to ratification by the Land Co.'s Board of Directors, for which I will arrange. Attached to Mr. Hulsizer's copy of this letter are dup-licate- originals of the lease agreement executed by Mr. Stewart, and two extra copies. Frank Strong