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W 18-6-2 t>----- V 26 Las V«gaa - February 12# 195h • # >#?» $ f *?& $r# f A’ f * M r . J m m H . M o n tg o m e r y 15 north Os&lsnd Paiaderta» C alifornia boos Hr. Wm. Reinhardt Dear Mr. Montgomery! Mr. HU I . Bfnnett Please refer to ray le tte r o f February 10. 195**» furnishing you certain fin an cial data which 1 ass Informed trill appear in the Annual Report o f the Las Vos** Land and Water Company fo r the year ending Sob ember 31, 1953* Referring to the la s t paragraph'on page 1, wherein 1 ex­plained the item ’•Joint F a cility Rents” # w ill you please substitute the follow ing paragraph therefor* ••For your information % might explain that the item ‘ Joint f a c ilit y Renta* represents amount. paid to Union P a cific Railroad Company as Lessee of the Los Angels# and Salt .Lake Railroad Company fo r interest# ren tal, tax##, etc, on the value o f water production f a c ilit ie s owned by the -la tter company p rio r to the time they were sold to the La# Vega# Land and Mater Company m August l , 1953#* ‘ ' * tery truly your#, L# R. K&ag tjrnilm