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C A R L R . G R A Y , p r e s i d e n t . O m a h a , n e b r . F . H. K N IC K E R B O C K E R , v i c e -p r e s .. L o s An g e l e s , Ca l . C . H. B L O O M , SECRETARY. LO S ANGELES. CAL. C . C . B A R R Y , a u d i t o r , L o s An g e l e s . C a l . W . F . T R U E L S E N , T r e a s u r e r , L o s A n g e l e s . C a l . C H A R L E S A D A M S, Ag e n t . L o s An g e l e s , c a l . L a s V e g a s L a n d a n d W a t e r C o m p t . E. WAL Las Yegas, Her. March 15, 1930 Y/-23-3 Subject: Water Supply - Las Yegas. Mr. 3?.H.Khiokerboeker, Yice-President Los Angeles, California, Dear Sir: I am sending you herewith, an editorial taken from, the Las Yegas Review-Journal March 13, 1930, which I believe defines the ultimate results from the City*s viewpoint, if water meters were in­stalled in Las Yegas. It is particularly true that while at the present time, foilage, shrubbery and lawns are well developed, it would be only a matter of a short time until all of these would disappear and Las Yegas would be just another desert town. the Railroad Company, the real issue with the Railroad Company and the Las Yegas Land and Water Company has not been brought out. These Issues are: 1. A rate that will allow a fair earning on our investments. We have heretofor been able to show a fair earning under a flat rate, but past experience with meters has proven to* us that the property owner immediately starts conserving water and thereby reduces our revenues. 2. As we cannot reduce the flow of water from our springs and well, more water would be diverted to the Ranch than we could possibly use« The overflow going on to land which is privately owned, would soon be filed on and in the end would be lost to us, as we would be unable to reclaim it when we so desired. The matter of revenue and expenses under a meter system would operate against both Companies, as at the present time the Water While the beautification of Las Yegas means a great deal to