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upr000134-053
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\ b x q s l a s V e g a s L a n d a n d W a t e r C o m p a n y EB. E.H C A L V IN , p r e s id e n t , O m a h a , n e b r . C . C . B A R R Y , a u d i t o r , L o s a n g e l .e s . C a l , C . H. B L O O M , SECRETARY, LOS ANGELES, CAL. W . H. L E E T E , T r e a s u r e r , L o s A n g e l e s . C a l . O F F IC E S p a c i f i c e l e c t r ic B u i l d in g LOS ANGELES, CAL. AND LAS VEGAS, NEVADA C H A R L E S A D A M S , a g e n t , LOS ANGELES. CAL. W A L T E R R . B R A C K E N , V ic e -P r e s . a n d A g t . LAS VEGAS, NEV. Los Angeles, Calif ., J a n ’y 4 1926 L V 46 Mr. Brae ten: Referring to your letter dated Decenfcer 29, 1925 f ile W—29-1 returning bills collectible, audit numbers 125-24 to 125-41 inclusive covering taxes on various cottages which are being purchased under '’Lease with Privilege of Purchase'*. Will you please refer to your letter dated May 29, 1925 to Mr.Charles Adams, copy to this office, in which you state that property owners objected to our paying the taxes and adding amount to their account and charging them 7% interest on money advanced} Also Mr. Charles Adams' reply to your letter under date of June 1, 1925 suggesting that purchasers be billed direct, far reimbursement to this company of taxes paid. It is iqy opinion that in the majority of cases it is desired by purchasers that we add these charges to their accounts, allowing them to mate pay­ment under the regular monthly deduction plan, as the additional interest involved would amount to very little; however I suggest, if it has not been done, that these peoply be interviewed, as I do not find where it has been the practice to include all such charges in the accounts of the various purchasers without first advising them and obtaining their permission to do so. I will hold bills returned with your letter pending advice from you as to whether all concerned desire amounts charged to their accounts.