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upr000158-080
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    This material is made available to facilitate private study, scholarship, or research. It may be protected by copyright, trademark, privacy, publicity rights, or other interests not owned by UNLV. Users are responsible for determining whether permissions are necessary from rights owners for any intended use and for obtaining all required permissions. Acknowledgement of the UNLV University Libraries is requested. For more information, please see the UNLV Special Collections policies on reproduction and use (https://www.library.unlv.edu/speccol/research_and_services/reproductions) or contact us at special.collections@unlv.edu.

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    University of Nevada, Las Vegas. Libraries

    COPY COPY COPY Omaha - March 21, 19^7 D 386-4 Mr. Charles Adams - Los Angeles. Contract Audit No. 7322 dated March 30, 1929, effective April 1, 1929, with Lae Vegas Land and Water Company, provides monthly rental rate be based on the total expense in connection with maintaining and operating the railroad-owned facilities used in common by the Las Vegas Land and Water Company, plus the carrying charges on the facilities consisting of interest, taxes, insurance and de­preciation incurred during the previous year. The basis used in setting up carrying charges for the year 19^5 confirmed by you on March 5, 19^6/ls as follows: f/ Interest - on total valuation Depreciation - on total improvements Taxes - $1.75 per $100.00 of total valuation Insurance - (Estimated) $50.00 Please advise whether any change should be made in our basis for computing the interest, depreciation, taxes and insurance in establishing the rental rate for the year 19^6. R. M. SUTTON