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Digital Provenance
Digitized materials: physical originals can be viewed in Special Collections and Archives reading room
Publisher
University of Nevada, Las Vegas. Libraries
Transcription
terminal reservoirs, water treatment plant, distribution lines, electric power and telephone-eontrol lines, and appurtenant works, conveying waters of the Colorado River from Lake Mead to said plant and townsite; and 3. WHEREAS, said Water Facilities were leased by War Assets Administration to the State of Nevada by letter of intent of September l6, 19^7# were sold, as a part of Basic Magnesium Plant and the townsite of Henderson, by War Assets Administration, acting for and on behalf of Reconstruction Finance Corporation, to the State of Nevada pursuant to a second letter of intent dated March 17# 19^8, and were conveyed to the State of Nevada by Reconstruction Finance Corporation, acting by and through War Assets Administration, by a quitelaim deed of June 3, 19^9* and ij.. WHEREAS, in said second letter of intent the seller reserved and now has the right to require reconveyance of said property upon failure of buyer to perform certain covenants, and in said quitclaim deed the grantor retained and now has a vendor’s lien on all of said property until payment of the entire purchase money indebtedness, to wit, all net rentals, revenues or other emoluments through the sale, lease or operation of the property conveyed for a period of twenty years but not to exceed $2i}.,000,000} and 2.
