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Digital Provenance
Digitized materials: physical originals can be viewed in Special Collections and Archives reading room
Publisher
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Transcription
C O P Y tt} c; m "R” «»* 1952 AUQ 5 AM 6 18 WR LA ORIG WR LA CY WHH OMA I HAVE ASKED FOR AUTHORITY TO NEGOTIATE SALE OF LAS VEGAS WATER SYSTEM ON THE BASIS OF MR HULSIZER'S LETTER JULY 21ST. A COPY OF WHICH I NOTE HE SENT YOU AND IN CONNECTION THEREWITH HAVE FOLLOWING FROM MR CHARSKE: QT. WILL YOU PLEASE ADVISEj (1) WHAT IS MEANT BY TERM "GENERAL OBLIGATION" BONDS. (2) WHAT, IF ANYTHING, WOULD BE COVERED BY LIEN OF BONDS. (3) WHAT ASSURANCE WE WOULD HAVE THAT WATER DISTRICT COULD MEET INTEREST. (4) WHETHER BONDS WOULD BE PART OF LARGER ISSUE TO BE VOTED ON IN SEPTEMBER AND IF SO, TO WHAT EXTENT. (5) WHETHER YOU HAVE HAD ADVICE OF ANY BOND EXPERT AS TO TYPE OF BOND, SECURITY, INTEREST RATE, ETC. THAT WOULD MAKE BONDS WORTH AT LEAST FACE VALUE OR SALABLE AT SUCH VALUE. (6) WHAT PROPERTY OF RAILROAD, IF ANY, WOULD BE WITHHELD FROM SALE TO ENABLE IT TO PROVIDE FOR ITS WATER REQUIREMENTS.
