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[ | ; 1 ??'J H H M j v , l i i i i 2 * In the meanwhile w@ are harin g constant a p p lic a tio n s fo r lo t s in the to w n s !te , and a number o f important e n te rp ris e s are aw aitin g our p u ttin g the lo t s on sale to in vest money* S everal people have agreed to put up good two story "brick, or stucco, b u ild in g s as soon as th ey can get t i t l e to the lo t s . With the idea o f p u ttin g the lo t s on the market as soon as p o s s ib le I have recommended to the committee that a ft e r -the p la t o f the townsite is prepared and the lo t s la id ou t, the railroad , company s h a ll s e l l lo t s to intending purchasers, en te rin g in to an agreement w ith them to w ith in , say s ix months, convey, or cause to be conveyed, to them t i t l e s to the lo t s which they may purchase. In th is way the lo t s can be put upon the market s h o rtly , and we s h a ll s t i l l have p len ty o f time to form the land company and have i t f i l e the p la t o f the town and make conveyances to the in d iv id u a l purchasers. This m atter o f conveying lo t s from unrecorded p la ts is fre q u e n tly done in and around Los Angeles in instances where, fo r any reason, i t is d e sir ed to w ithhold the reco rd in g o f the p la ts fo r some time, and at the same time i t is considered advisable to put the lo t s on the market at once. I have communicated these suggestions to the committee and would be pleased to know.whether i t meets w ith your approval. C erta in ly i t uppers to me that the sooner we can put the l o t s on the market the b e tte r i t w i l l be. There is considerable excitem ent at the present time about Las Vegt s, and by tak in g advantage o f i t we ought to r e a lis e good p r ic e s fo r a. lo t o f the p rop erty. I f the matter is perm itted to drag along th is excitem ent w i l l undoubtedly in a measure d ie out, and i t then w i l l probably r e s u lt in our g e t tin g le s s fo r the property la t e r than we can do i f i t is put upon the market w ith in the next two w^eks* Very - ; ? P sin•'i"c"erely yours, \SigaeO) T. E. GIB BOM