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Ife W* H. Douse 2* January 10, 1952 in te rim p la n to be adopted u n t i l th e p ro p e rty could be d isp o se d o f to. th e D i s t r i c t • The .plan su g g e ste d was - a ls o in te n d e d a s -a p r o te c tio n t o th e R a ilro a d Company in th e ev en t th e D i s t r i c t should u ltim a te ly be u nable t o a c ­q u ire the- w ate r system* The Las ¥egss V a lle y lis te r D i s t r i c t was formed in ' 194$ and. s in c e t h a t tim e has n o t been a b le t o o b ta in th e f in a n c in g to a c q u ire a w a te r system and t o b rin g in a su p p lem en tary su p p ly o f w a te r from ta k e Mead. A lthough i t s n e g o tia tio n s f o r a su p p lem en tary su p p ly now look b e t ­t e r th e n a t any t i m e ’in 'th e p a s t, th e r e i s no c e r t a i n t y t h a t th e D i s t r i c t w ill b# a b le t o fu n c tio n * I t was w ith t h i s in* mind t h a t 1 su g g e ste d f o r c o n s id e r a tio n th e tr a n s ­f e r o f th e w ater p ro d u c tio n f a c i l i t i e s from th e ? ? 1Iro a d - t o th e W ater Company so th a t th e H ailhoad Company would be e n t i r e l y d iv o rced from th e Weber b u sin e ss^ a n d could n o t be exposed t o a demand’ t h a t I t fin a n c e th e b rin g in g in o f ta k e Mead w eter in th e e v e n t th e ' D is tr ic t^ plan- f i ­n a l l y blew up* v When t made th e su g g e stio n ., 1 bad n o t co n tem p lated th e p o s s i b i l i t y t h a t o u r management m ight be w illin g to d o n ate th e w ate r system to th e D is tr ic t'* • 1 had assumed t h a t i t was our in te n tio n .to -s e ll th e system to th e D is­t r i c t e t s o m f a i r price*. I f th e management f i n a l l y de­c id e s to d is p o s e o f th e w ater svsto® by a s a le th e r e o f to th e D i s t r i c t r a t h e r th a n by a d o n a tio n , X. b e lie v e th e p la n .su g g e sted in sty . l e t t e r sh ould be g iv e n e a r ly -consid­e r a tio n * However if . th e .management f in d s i t ’mors advantageous t o donate th e system th a n to s e l l i t , 1 0 m r e a d ily see th e re a so n why fcha ‘le ilr o s d sh o u ld not t r a n s f e r i t s w ater-j. re d u c tio n f a c i l i t i e s to th e V eter Company* I m n o t com­m enting upon' D r. H u ls is e r , e su g g e stio n r o ^ r d i n g th e i d - v an tag e ox d o n a tio n .'because I be H a v e t h a t i s p u re ly a ta x q u e s tio n a s w ell ft# a p o lic y q u e s tio n , w ith re s p e c t to which X cannot be very h e lp fu l* I f i t i s d ecid ed to donate r a t h e r th a n t o s e l l th e sy stem , I have a few e u g re e tio n a w ith r e s p e c t t o th e me­c h a n ic s of c a rry in g o u t th e don atio n * X do n o t u n d e r-