upr000034 65

WALf® B* PEACE®, Belaf first duly sworn* deposes and s&ysj f&at Be Is the Vice-President and Agent of Las Vegas hand and Water Company, a corporation* and that he has Been connected with said company as its Agent ever since its creation, and as ouch Agent he has handled and negotiated all deals for the sale of the Campania property at has Vegas, Clark County* Hevada. since the creation of said company, and that it is a part of affiant’s duties to inform himself and keep himself informed as to the value of lots In Clarkr»* has Vegas Toms!to and the improvements thereon* Shat Clark’s has Vegas Towns! to me originally owned By said has Vegas hand and Water Company, Thai affiant makes this affidavit in support of that portion of Schedule 2 4 of the 192 corporation Income fast aeturn of said hat Vega* hand and Water Company* Insofar as the same pertains to the item ^improved Property — has Vegas”, and for the purpose of showing the value of said property as of March let, 1913 as the earn appears in Column € of said Schedule B, That during the year 192? said has Vegas Land and Water Company sold ||| property designated m hots m and m in Block 24 of Clark’s has Vegas fownsite, has Vegas, Clark County, Sereda for the tram of Two Thousand Qm nandred {#2,100*00) Collars* That said property consisted of a five room house located on two lots and that on March 1st, 1913 said lots were held By said Company at a valuation of one hundred {#100*00) Dollars each .'and that similar •JJJM* ®i0<5k* adjoiniiu said lots at the same time were selling for one hundred {JuOO.OO/ Dollars and as high as Two Hundred ($200.00) Dollars SMit said house is cons trusted of cement^ blocks with shingle roofTand that the 0* actual cost of constructing the same was* the sum of $10551the host of f| the affiant’s information and Belief* and that similar houses on March 1, 1913 in the same vicinity cost $190$*O0 and upwards, and that on the 1st day of March, 1915, the value of said house was the sum of #19g^,00 and more* That prior to March 1st, 1913, L&s Vegas hand and Water Company Built several Bouses in has Vegas for the employees of the hoe Angelas & Salt hake Bail road Company and that affiant is familiar with the contract price and cost ef Building same, he having handled the details of each of said transaction and that houses constructed for said employees Built out of materials of less value and approximately the same also house as the so called Company Houses cost acre than Two Thousand {$2000*00} Dollars, each, to Build, That said heueo first shove mentioned was Built during the years 1911 and 1912 and that during said years said Das Vegas Land and Water Company constructed sixty-four |64) houses ?Covering four Blocks in Clark’s Dae Vegas Towns!to, half of which were four room houses and the ether half five roe® houses and that each of said houses occupied two £6 ft* lots and that owing to the number of houses constructed the ability to Buy materials, supplies, etc* in such quantities it was possible for said Las Vegas Land and Water Company to construct the same much cheaper if a single house were Built By individuals, and that the actual value of each house was considerable more than the actual cost of same* Subscribed and sworn to Before me this______day of , 132___t Notary 3&£ie