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W : Mr. $. H. Hulsizer. 3. 5-14-43 of the Commission such Information is necessary. ihe Tax Commission is within its rights in requesting snob information with respect to the aerations of Hie water de­partment as is necessary to enable it to walue the properly1 for assessment purposes: refusal to satisfactorily furnish data so requested oaa only result in a pe nalty assessment* Mr. Sexton contends the contract (C. a. 7322) between Hie W&m. h. a. Co. and the %lhSS Co. is unfair In that I t permits the Xt&dSL ft. 0. Co. to confiscate Hie revenue of the water department by the exaction of exorbitant r a t a ls for the use of the so-called Joint water plant fa c ilitie s located on LA&SL B .li.Q o. land* With r e je c t to this rent, he protests the payment of (a) interest in excess of 4$ as extravagant and un­warranted. (b) depreciation In excess of 2$ since much of the Joint facilities is constructed of cast iron or concrete - he calls attention to the fact that though some of these facilities of concrete or cast iron have been in place for 10 to 15 years, depreciation has been charged at 4$ with­out any credit being allowed for the accrued depreciation. le) taxes,oince the amount of taxes actually paid by the lA&Sii ft. ft. Co. on these facilities cannot be deter­mined. Attention is called to the fact, this rent, which is es­timated at $56,34$ for 1943, has increased to such an extent there