Image
Copyright & Fair-use Agreement
UNLV Special Collections provides copies of materials to facilitate private study, scholarship, or research. Material not in the public domain may be used according to fair use of copyrighted materials as defined by copyright law. Please cite us.
Please note that UNLV may not own the copyright to these materials and cannot provide permission to publish or distribute materials when UNLV is not the copyright holder. The user is solely responsible for determining the copyright status of materials and obtaining permission to use material from the copyright holder and for determining whether any permissions relating to any other rights are necessary for the intended use, and for obtaining all required permissions beyond that allowed by fair use.
Read more about our reproduction and use policy.
I agree.Information
Digital ID
Permalink
Details
More Info
Rights
Digital Provenance
Publisher
Transcription
% 0 ' U Lei Angeles * March 3* 195^ m Mr, I. S. Ma®g - La* VegasS (CO - Mr. a. M. Sutton Mr. S. S. Bennett -ngeles) Please refer to your letter to ms of Tebruary 25, 195^ your filet V 9-I-3 and V 26, relative to transfer of certain Item of transite pipe and fittings from the Bailroad accounts to LVLMf accounts. the Water Company, and the Las Vegas Valley Water District, the Ball roads and the Water Company agreed to sell to the District, under Section 1 (h), all of the materials and supplies Belonging to the Water Company. Under this agreement the Bailroad Company does not agree to tell any of it* materials and supplies to the District. There is nothing in the contract which in any m y Unite the right of the Water Company to purchase materials and supplies for use in the operation of Its water system. The Water Company has the right to Buy materials and supplies from the Bailroad Company as well ae any ether vender. Water Company are purchased in good faith and are useful materials and supplies, the District le obligated to acquire them under the terms of the agreement. the Water Company the usable materials now owned by the Bailroad Company at their ledger value. supports Mr. Montgomery's view that any of the materials and supplies of the Bailroad Company sore Included la the basle purchase price. The purchase price fern the materials and supplies owned by the Water Company upon the sale date Is the difference between the ledger value of these supplies ea the sale date and the ledger value of the materiale and supplies which were on hand as ef September 1, 1952, the then ledger value being $29,902.90. If the ledger value on the sale date exceeds this sum, the difference Is added to the purchase price. If the ledger value on the sale date le less than this price, the difference is deducted from the purchase price. Under agreement of June 1, 1953* between the Bailroads 8c long ae the materials and supplies purchased by the Therefore, 1 approve of your Immediately transferring to There la nothing In the agreement of June 1, 1953* that WM> REINHARDT Wm. Reinhardt