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man000202-017
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    LAS faSAS VAlLEY IMi J e n f f , / f £ / Land and Water Company Not Willing To Delete Reversion Clause on Fifth Street School Property Proposals S VEGAS MORNING SUN 7 The Las Vegas Lai/d and Wa-i ter Co. does not at /h e present F time favor the dej/tion of the || reversionary clause/contained in the original grant heed covering the property now occupied by the Fifth St. Elementary School, members of the/>oard of educa­tion were advis/d by letter last night from William Reinhardt, vice president/f the company. Reinhardt’s , 'statement came after school authorities had ad­vanced the proposal . that | the Land and fgater Co. delete the reversionary clause in order that the property might be sold to private interests with the funds used in Reconstructing the school ?at another location. The original grant gfcivided that the property' would / remain- in title to the schoo^' district if the land was used thereafter for school pur­poses. Other use would call for the land to revert to the Land and Water Co., it was explained. You will of- course, under­stand that this grant deed was originally given in order that a school would be located centrally •and in a location satisfactory to |;the grant owner. Under these cir­cumstances, 1 it would be impos­sible for the grantor to give con­sideration to your proposal until all of the conditions involved in abandonment of the . present school and the building of a chool in another location were liselosed,” Reinhardt wrote. "If and when a definite plan las been 'worked up we will be glad to discuss the matter with you further. Nothing in this . statement, however, is to be ' taken as indicating that the Land and Water Co. are in any way committed to the proposal of de­letion of the reversionary clause in said original deed,” he added. I Folger Resigns As [ater Company Head iU Folger, manager of the Las’ gas Land and Water Co. since • f retirement several years ago ithe late Walter Bracken, has pdered his resignation, it was jrned yesterday. TiTemporarily replacing Folger is William Johnson, who said no arrangements have yet been made for a permanent manager-to succeed Folger. A. E. Stoddard, president of the Union Pacific railroad, par­ent firm of the Las Vegas util­ity, left town last night, after a brief visit here, and before he could be contacted regarding the change in management of the water company. Robert Blonde, assistant to the U. P. president here, said he un­derstood Folger will accept a position with the railroad. Vegas Promised Additional ZVz Million Gallons of Water Daily During Summer •. : - More water for Las Vegas consumers was promised this summer as the result of preliminary well-pumping tests, city commissioners were informed yesterday. The Las Vegas Land and h n « o i >! | | A C i n u i < Water Co. estimates that an in­crease in production of three and a half million gallons of watei can be obtained during emer- |gency periods in the summer j months by the installation of Iturbine and centrifugal pumps on [specified wells. • Announcement of the proposed water increase was made in a letter to the commissioners by William Reinhardt, vice president of the water company. | Simultaneously, the P u b l i c Service Commission, through its chairman, J. G. Allard, who had been kept informed on progress of the tests, asked the commis­sioners for their reaction to the water company’s proposal. The commissioners will allow the operation and will accept It in the final analysis only if the anticipated water flow meets the city’s needs, they ruled yesterday. Issue of increased water serv­ice for local consumption was dis­cussed in heated debate at a PSC hearing held some months ago. Recommendation by the water company of installing turbines and eehtrifugal pumps was made only after company officials had made exhaustive tests which in­dicate that the specified three and a half million gallons of addi­tional water will be produced.