Skip to main content

Search the Special Collections and Archives Portal

upr000160 159

upr000160 159
Download upr000160-159.tif (image/tiff; 23.52 MB)

Information

Digital ID

upr000160-159

Permalink

http://n2t.net/ark:/62930/d1p55gq4t
Details

Member of

LVLWC - proposed sale of water production facilities of Union Pacific railroad Company (UPRRC)

Rights

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.

Digital Provenance

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

Publisher

University of Nevada, Las Vegas. Libraries

\ ^ (COPY OP A COPY) Omaha - March 19* 1952 704-36 Mr# A. E, Stoddard: (CC - Mr. W. H. Hulsizer Mr. W, R. Rouse) This refers to your letters of December 10, 1951 and January 15, 1952, file 199, about the suggested change in the corporate set-up of the water production and distribution facilities at Las Vegas, Nevada# Daring the extensive correspondence there have been various comments made, but it appears that it would merely complicate the situation for me to now comment on some of these different proposals which may not materialize. Therefore, I have hereinafter limited my comments to the effect, accounting-wise, of the latest proposal, e.g.s Mr# Hulsizer*s letter January 7# 1952 to Mr# Stoddard: Sheets 2 and 3, items 1 and 2: If the water facilities were conveyed to Union Pacific at recorded book costs, I concur in the understanding that such conveyance would not involve any federal income taxes. Sheet 3, item 3 and the following three para­graphs: Using the figures shown in the letter, a comparison of the federal income tax results from donating the property in contrast to selling it is shown below: