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f 0 -~ / / mum €? Lae Vegas - February 10, 1954 Mr. James M. Montgomery 15 North Oakland Pasadena, California boos Mr. Wm. Reinhardt Dear Mr. Montgomery: Mr. E. E. Bennett Referring to your verbal request for financial data relative to operating expenses, gross receipts and number of consumers of the Las Vegas Land and Water Company for the year 1953* I a® fur­nishing you herewith the following figures, which I am informed will appear in our Annual Report for the year ending December 31* For your inform&ti on I might explain that the item quoted *Joint Facility Rente” shown above represents amounts paid the Union Pacific Railroad Company for water furnished prior August 1, 1953, which is the date when production f&elli were taken over by the Las Vegas Land and Water Company. Operating Expenses Taxes Operating Revenues (dross) #410,478.2 5 215.519.61 Total Revenue Deductions Operating Income Joint Facility Rents (January 1 to July 31, 1953) 164,507.63 Net Income 92,505.21 72,002.42 Net Credits to Profit and Loss D(uNrotiensg YeTahirs 19i5t3em includes 10a,p7p4r1o.x0i9mately #1 1 ,3 0 0 donations for fire hydrant connec­tions less 1559 uncollected accounts written off, leaving balance of $10,741.) During Year 1953 H\