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i l A U^ T.^*^so ML Mr. E. S (oo - Hr. A. 1« Stoddard Mr. Wia. Reinhardt Mr, oLf W M . R . FEB 1 W n Omaha ? January 26, 1950 ro3s7 v0w33.®r1s_® Bennett » Los AngelesJ rnt* 1* fe5* 0*0^ 'WflASO 1320 .' x >. Via. Reinhardt^ Los 1 T - «• Bo»k« > w C i a o t Supplementing my telegram A»A92 of Beeember 9, 19&9, regarding services of officer* of the LtL&WOo. for whom at the present time no amounts are charged, and also for officers of tJPRRGo. who devote some part of their time to LVL&WGo. Further study indicates that the expense aggregates $12,083.00 as developed by the following summary compiled from response* made to ay aaiIgram A-510 of December 20, 19^9 J General administrative, management, engineering, legal and accounting expense for an average years Departments in which InQUrre^ LVUWggAi„ LAA3jffiCg. Tq|a,i Accounting 13.833.00 I 312.00 $ A,1*5*00 Legal 1,800.00 — .1,800.00 Executive 1 ,12$.00X1,125.00 X 2,250.00 Engineering 8.00 — 8.00 Assistant Treasurer 70.00 -*- /O*00 M-j*aanxa ger Industrial Development 1,120600..0000 1,50—0 .00 2,716000.*0000 General Manfaegtealr of Properties 9,805*06.M.00 3,100370.,0000 12,905830.,0000 these expenses are equivalent to 6.3^ of the gross revenues of $191,000 received in lf*t* la my ©pinion these expenses are reasonable and if you and Mr. Reinhardt concur, I will arrange to add them to the recorded expenses when computing a fair return on the rate base. Preliminary computation of a fair return on the rate base was supplied on statement "C* attached to my letter of Movember 10, 19*9 to Mr. Reinhardt. A photostatlc copy of this letter is attached* REFERENCE: 00)>gT 5 § ATTENTION:/. ss m U.W Mr.. m -U-Uj, W ~ H. J. FEB 1 1950 H, HULSI2ER ,|AN 30 1950 L. C. O.