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Agreem ent - C o n s o lid a te d Water Company o f Pomona. Los A n g e le s , May 1931. Mr. C u lle n : In com plian ce w ith Mr. Comstock’ s r e q u e s t o f May 3nd, I hand you h e re w ith , two o r i g i n a l s , one a p p rov­ed as to form , and f i v e c o p ie s o f ren ew a l agreem ent c o v e r in g ren ew a l o f our c o n tr a c t w ith th e C o n s o lid a te d l a t e r Company o f Pomona c o v e r in g w ater su p p ly , our A u d it No. 1463. S in ce th e p r o v is io n s o f th e new agreem ent r e ­q u ested a re the same as th e o ld , i t seemed s im p le r to e n te r in to a ren ew a l agreem ent than t o r e - d r a f t th e form er a gre em en t, and f o r p u r e ly p p o o l o g i c a l r e a s o n s - i t m igh t be e a s ie r to o b ta in the r fh e w a l than i t would e x e c u tio n o f a new and s e p a ra te agreem en t. Mr. Comstock m entions th a t e x e c u tio n sh ould he o b ta in e d as q u ic k ly as p r a c t ic a b le E e fo r e an in c re a s e in r a t e s is g ra n te d , a p p lic a t io n fo r which i s now p en d in g b e fo r e th e Commission. In t h is c o n n ec tio n I c a l l your a t t e n t io n to the f a c t th a t a l l c o n tr a c ts w ith p u b lic s e r ­v i c e companies in t h is s t a t e c o v e r in g , f o r in s ta n c e , w ater su p p ly , gas su p p ly , e l e c t r i c e n e rg y , e t c . , a re deemed e n te re d in to s u b je c t to th e p o l i c e pow ers o f the s t a t e e x e r c is e d by th e R a ilr o a d Commission to in c re a s e r a t e s as may be n e ces sa ry to a f f o r d the u t i l i t i e s adequ ate rev en u e. I t is t h e r e f o r e n o t im probable th a t i f in c re a s e s in r a t e s a a re g ra n ted to th e W ater Company, th e in c re a s e w i l l be a p p lic a b le by the Commission n ot o n ly to gexiera.!; a e r v ic e by th e W ater Company but a ls o to s e r v ic e under c o n tr a c t* FEP-H FRED E.PETTIT, JR. c o — WHO Your f i l e copy re tu rn e d h erew ith