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upr000283 76

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upr000283-076
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LVLWC Las Vegas decision on water rate increase (1 of 2)
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Ml*. E. 0* Renwlok #4 ? n ? w t tc m 31 1® fa ir ly @e#i property fo r water A rp tB e s bat the 8* quarter o f tills section , m m » ? I %T F. 0. Splane, lo * we b e lie v e , much b e tte r PfctelMwsaring land* 1 ha ire secured fro® Mr. Splane a verbal 10-day option on th is p arse! a t #10 per acre with an approximate area o f 110 acres which I would make the price- 19,600.** *1 discussed th is proposal with i r . strong* loin s m in recommending authority to purchase the Splane parcel at the p rice quoted, and the ac­q u isitio n o f th is acreage is in accordance with ifr. R. 6* Greene*a rep ort. This w ill not only g iv e us addition d r illin g land* bet w ill also pre­vent sa le o f i t to others who night seriou sly drain o% present h oldin gs.* and on October 21 wired Mr. J e ffe rs as fellow s *My le t t e r Oct l? th and phene conversation with i r . Higdons Spina# th is morning withdrew his verbal option o f 160 per acre fo r SW quarter Section 31* and my fu rth er inspection o f groped th is morning. in dicates without question m should instead acquire Southeast quarter Section 31 own­ed by Pike and associates. The la t te r is unquestion­ably In pronounced water ledge and is recosssended in G eologist Greene*s report Oct. 9, 1939, Item Ho-8 and Map 6 .* •Previously Pike would not s p lit his 330 acres on Charleston, but in conference on ground th is morning he has agreed to do so and we are o ffered the Southeast quarter o f Section 31 at #80 per acre, which I recommend fo r immediate purchase. As ask­ing Mr. Strong to advise you d ire c t h is concurrence. * •Suggest no fu rth er consideration be given purchase o f Splane acreage mentioned my le t t e r oct. m h . « Following receip t o f authorisation contained in Mr. J effers* J-194 o f October 36* 1941* purchase was concluded pursuant to agreement CLP 3871 dated October 30* 1940 with Messrs. Rike, Mchamee, and Cragln fo r sum o f 18063,80. 1 have been unable to .locate any correspondence in Mr. Bracken*s f i l e s concerning purchase o f the S it * ® property in Hovember 1937.