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upr000017-108
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I agree.0 Los Angeles, Aug. 18, 1909. File 1199 Mr. H. I. Bettis, Vice President and Auditor. Lear Sir: Periling to your favor of the 16th'Inst relative to rental of company houses at Las Vegas * My idea is that we should figure on about i§§§ profit per annum on the money invested, over and above taxes, insurance (based on Las Vegas rates), depreciation and repairs. As to the latter item I hardly know what percentage to figure on; perhaps Mr. Tilton could give you an idea. Figuring on the above basis, please let me know how the rental per month would figure out. Very truly yours, 0j