Summary of the lands purchased from the Stewart family by the Los Angeles & Salt Lake Railroad Company.

Coffey recommends not installing a hydropower water wheel on the Las Vegas Creek, but increasing capacity at the Las Vegas Power plant. The higher initial cost would be beneficial in the long run. "W-2-4-2" in pencil in upper right corner, letter also has numerous pencil corrections.

The state legislature was holding hearings on a bill that would replace restrictions on the water district that would endanger their outstanding bond issue.

Press release from Senator McCarran's office stating that the senator had sent letters to expedite the passing of two bills. One bill would grant Basic Management Inc. rights-of-way for water lines for the Lake Mead - Henderson line. The other bill would grant rights-of-way to the Las Vegas Valley Water District for the diversion line to Las Vegas.

Campbell outlines the need to increase the Las Vegas water supply before summer. He refers to a forthcoming report by J. M. Montgomery, district engineer. Time constraints require an increase in water pumped rather than an increase in reservoir capacity.

The purchase contract for the Las Vegas Land and Water Company allows for the contract to be annulled if its bonds are not sold by December 31, 1953. This contract rescinds that deadline, allowing as much time as needed for the sale of the bonds. Agreement that all parties will ignore the provision that any party can terminate the agreement if the bonds do not sell by May 1, 1954.

Discussion of the new contract between the Las Vegas Land and Water Company and the railroad and the new rate the water company will pay for water, which would likely result in a water rate increase for users.