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Digital Provenance
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Publisher
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Transcription
Wiilicmt 'K, (£1mck- \ t NW YORK, December 8th, 1910 V Of G Mr. J. Ross Clark, Huntington Building, Los Angeles, California. Dear Brother,- I have yours of the 3d, file 1193, and note the cost of the 40 houses at Las Vegas, which are now all occupied by employes with the exception of 15, which we could rent to outsiders, but of course it would be unwise to do this, as when the shops open we will need them all. I note the Superintendent of Machinery advises that he will soon move 150 mechanical employes to Las Vegas, and that therefore there will be a great scarcity of houses to accommodate them. houses, after deducting taxes and insurance and allowing for depreciation, would still net about 9$ or 10$ on their cost. I hardly think, however, that 3$ is sufficient for depreciation. In Arizona, I think, it is nearer 10$. books for $79,000, and that you and Mr. Bancroft recommend that you be given authority to construct 20 more houses, to cost approximately $33,000. I will lay this before the Committee. I note that the price we charge for 4-room and 5-room I note the Land Company has a credit on the railroad Your affectionate brother,
