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upr000279 272

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upr000279-272
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Angeles, February 1, 1951 80-5 <9 Mr. S. M. Satton: (ee - «r. A. I. Stoddard/ MMrr.. «W.m. B.R eHinuhlasrldsts r/ Mr. fb V . Bockes ) regarding hoar in® M t for March 6te and Jtfc* 1951 on appli­cInactrieoans eo fi nl arsa tVae.gas Water Department of tee ivutwco. for an In addition to the statements which 1 requested you to furnish in my above mentioned lattar , will yen also plans# furnish as promptly as possible 25 sepias of statement show-t i m f&allitias of tha IVXAWCe. it is suggested that these statements be prapared in a stellar fashion to table s of the Weha report and ahow tha invested capital at the and of tha yaar 1%9* at tha and of the year 195® and tha average invested capital for tha year 195®. It is also suggested that you use wthhiat esa wmaer ea muosuendts i nf otra wbolre kSi«ng each and materials and supplies 1 also suggest that yon allow the rata of return of tha water Department of the LVLfcWCo. upon its rata base for tha year 195® either upon tha exhibit showing its rata base or upon tha statement of its operating revenues and expenses for tha Jyaenaur a1r9y5 3®l ueth.ich 1 requested yon to prepara in ny lattar of Mr* Weha can prepare rata base estteatas for tha year 1951 on bote tha original east basis and present day east basis fro* the information furnished by your exhibits and from such information as we earn obtain from yon or locally as to prospec­tive capital expendltnres daring tha year 1951. j It is also my suggestion, in whieh Mr. Reinhardt con­cur a, teat either yon or soma qualified representative from year Department who is thoroughly familiar with tea aeeountlag relating to tea production and distribution of water at las Tagas be present at tea hearing to introduee tha exhibits prepared by your Deportment and to testify as to any other accounting matters which may arise at the hearing. tee representative of tee Aeeountlag Department should bo prepared teg tee rate basa on the Investment basis of the water prodne- tioa facilities of the IA&SL HR Co. and of tee water dlstribu-fEB 2