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COPT Omaha - 3J7a0n3u.a1ry 26. 1950 Mr. fit fit f i m a i l l • io n A ngelas: (CQ • Mr. A« I. Stoddard Nr. Ha. Reinhardt * Loa Angelas Mr. T. fc. Bockea) Supplementing ajr telegram A-4 9 2 of December 9, 1949, regarding services of offloera of the LVLkACo. for who* at the present tine no amounts ere charged, and also for officers of UPRKCo. who devote some part of their time to IVLk&uo, Further study indicates that the expense aggregates $12,083.00 ns developed by the following suasaary compiled from responses made to my mail grass A-510 of December 20* 1949 * 0 General administrative, management, engineering, legal and accounting expense for an average years Deoartaeats in which incurred LV JU&te Go f La&SIMGo . Total Accounting $37355700 # 3 1 2 . 0 0 $ TTU^too legal 1,800.00 ~ ~ 1,800.00 Executive 1 ,1 2 5 . 0 0 1 ,1 2 5 . 0 0 2 ,2 5 0 . 0 0 Engineering Assistant Treasurer d.oo 7 0 . 0 0 mum B. 0 0 7 0 . 0 0 Manager Industrial development 1,260.00 1,500.00 2 ,7 6 0 . 0 0 Tax 1 0 0 . 0 0 «*?«* 1 0 0 . 0 0 General Manager of Properties Total These expenses are equivalent to 6.3^ of the gross revenues of $191*000 received In 1 9 4 8 . In my opinion these expenses are reasonable and if you and Mr. Reinhardt concur, £ will arrange to add them to the recorded expenses when computing a fair return on the rate base. 9,040.00 Preliminary computation of & fair return on the rate base was supplied on statement nG* attached to my letter of November 10, 1949 to Hr. Reinhardt. A photostatic copy of this letter la attached. A. H. hUL^>X44h