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Transcription
F O R M 2 1 9 1 - B - T H I N T 2 - 4 - 6 - 5 0 0 M U N I O N P A C I F I C R A I L R O A D C O M P A N Y TELEGRAM - 2- would make them worth face value or salable at such value. However, as a matter of information, I understand representative of a San Francisco bond house has been talking with District officers along the line of a bond bearing-3§ to 4 per cent interest, (6) There is a well in the shop grounds at Las Vegas that will not be in eluded in the sale and that we feel will provide sufficient water to meet the railroad’s requirements, but use of that well, if the sale goes through, will require construction of a storage tank and some water lines, preliminarily estimated to cost about $8 5 ,000. With respect to construction advances you are correct in your understanding and your preference to offset these amounts against the purchase price rather than pay over such advances to the District will be kept in mind in the negotiations. S-381 AES 1
