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X E. E. B. LAS VEGAS LAND AND WATER COMPAISMAY 24 1914 ' , ***** 704-36 Omaha fi (CC - Mr. A.E.Stoddard /A' P 0 ^ Mr. W. R. Rouse h W M ? \ Mr. W.Reinhardt - Los Angeles,Galif. I .i'a I Mr. W.E.Hulsizer % . 13 J Mr. Galvin M.Cory - Las Vegas,Nev. Mr. L.R.Maag - Las Vegas,Nev. Mr. C.M.Bates - Los Angeles,Calif. Mr. L.L.Burri) Your letter May 6, 1954 to Mr. W. R. Rouse* As shown by statement sent to you with my letter dated May 19, the sale price for the water system as of April 30, 1954 amounted to $2,317,663*43* Based on estimated charges in investment, including estimated expenditures for drilling two new water wells and any other expenditures less retirements, affecting investment to be made between April 30 and July 1, 1954, the sale price as of July 1, 1954 is expected to be $2,475)046.18 as per attached statement. will be added to the estimated figure of $2,475,046.18, when costs are available, taxes and escrow charges to be prorated and apportioned in accordance with provisions of Sections 6 and 7 of the contract. 3703-1 to Mr. C. M. Bates, I assume he will advise regarding the portion of the purchase price to be allocated to the railroad companies as consideration for the granting of the easements for power lines referred to in Paragraphs 4 and 5) Section 3 ©f the escrow instructions. As indicated in the note shown on the statement, there In view of Mr. W. H. Hulsizer’s letter of May 13) file R. M.