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I agree.snv002410. Union Pacific Railroad Collection. Special Collections and Archives, University Libraries, University of Nevada, Las Vegas. Las Vegas, Nevada. http://n2t.net/ark:/62930/d1np1wz7q
English
Oregon Short Line Railroad Company. W.H. BANCROFT, VICE-PRES. & GENL. MGR. SALT LAKE CITY. March 26th, 1905. Las Vegas Townsite Company: Mr. J. Ross Clark, Second Vice-Pres., S.P.L.A.&.S.L.R.R., Los Angeles, California. Dear Sir: - I have your letter of the 23rd instant, enclosing copy of communication from Mr. Gibbon upon the subject of prompt dealing with lots and townsite at Las Vegas. I concur in the view that it is important to proceed promptly to the sale of these lots to persons desiring to purchase, and no better method occurs to me for handling this matter before the organization of the proposed real estate company, and the transfer to it of the townsite and the obtaining a release of the lands in the townsite from the mortgage lien, than to give the intending purchasers contracts along the lines suggested by Mr. Gibbon. I see no reason why the plan outlined in his letter cannot be proceeded with, and I recommend that such action be taken. Prompt action in this matter seems to be necessary, in view of the sales of lots going on in the other town, popularly known as "Rag Town." Yours truly, W. H. Bancroft CC-Mr. William Hood.