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' f a ; 0 |§f| ' ''. ; ? ? ? Onion Pacific, et al# 10# December 10, 1952 5» If the ledger value ©n the sale date of the autemo-tire, shop and other equipment, materials and supplies trans-ferred to the District by Las Vegas Land and Water Company ex­ceeds the ledger value of such property owned fey said Company on September 1, 1952, the excess shall be added to the basic purchase price. If the ledger value on the sale date of such property Is leas than the ledger value as of September 1,1952, the difference shall fee deducted from the basic purchase price. It is also understood that the final contract for the purchase and sale of the properties referred to in Section 1 hereof shall provide for the disposition of the amounts standing on the books of the Las fogam Land and Water Company on the sale date in such accounts as Accounts Receivable, Accounts Pay­able, Advance Payment of Water Rental, etc., and will fur­ther provide for adjustments in the basic purchase price by reason of the disposition of the amounts in said accounts# 6# It is further understood that Las Vegas Land and Water Company has outstanding contracts whereby certain sub-dividers or applicants (a) have deposited sums of money with it as advances for the construction of water mains, or (b) have at their own expense constructed and con­veyed to Las Vega# Land and later Company water . mains