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Subject! her#steed valuation la® We^ee lead & Water company1© property at ia@ ¥*gse* Xae ¥«§©», levada, Bay 6ifc, 1927 Hr* F*H* Megas&ee, cener&l Attorney, Union Pacific System, X«v&CJ# Mi , X®® An&eles, Cal. • Ey dear to ®sr £ o m s x letter to you, above subject, and year reply of £pril 30th sad our personal conversation in my office* as advised, 1 will hand to ©ur Comity ^eeesser the b&0& valuation of the S*aa Vegas tend end Water Company’m hold­ings in Las Vegae as k&km. tsem our balance sheet of Parch 31# 1927, which are m follow, not including depreciation: Hunch— seesOMmesse w ew'iass w t& e» <>» eMsas emo s© *©©?©»*» £13,693*44 note sold under agreement, t i t l e s t i l l with ua— 2„gC0.00 Four-room eoit&fi©#- ?*»-op’ «*©» «M*«e e» ** ©warns se ©see #mb» a» o» am* 41, SI?. §3 Biv©—room cotts^.'CC—********‘*m,>*•— '*— “*— — ** 30,003*64 Jioorainc *m**»*m*«m**m*«m *»<*«*» 6P# 78^ *¥1 Bp0wi*ig Berne© i^ipccni— — —— — — — — — 10,223*18 i Seeming House iSerk 'lisp---— -— 285*31 ?.’fork Ob©p s^ijrteci and ioels— — — — 464*01 Office Furniture and xaiscl* property— — 2, Water by© test***••»•»•• •*»'•• •*«**»•»***»•**— — *?—**—***** £10,030**4 Water System. ftarv&ee Connection©-— -*-— 1,284*11 Electric Tight **y»tcm,pele line,asters,- 2,??6.13 M o b © -SBlldtog and lets on Bain street— b. 4.4X».&8_ fatal 8S0@4 M * 0i Cog^utlng two-inir&s of our- b©c& valuation© a© above would fsafe® ©n assessment of ^133,084*00, Shiah is an increase of 13,380*00 over 1020 assessment, flio aaseecor siettiioaed the fact that they wanted.i© increase our osc©R8*aani this year approximately ^10,000*00 hut l believe it will be possible for me to explain mutter© to 'him and the County Cariaisaiosiere and have our assessed val­uation remain the same as 1928 {§130,318*00)» or a possible increase of the S3,386*00, which would mean an inereaee in payzsent, at the maximum rate of 8&«O0» of only ?*168*00 in the amount of tares*