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Las Vegas, Hev* Ho t* 12, 1930 ¥ - 3 5 - 4 Su bject; - Q uarterly Reports - Preparation o f - Mr* F* H* Knickerbocker lo s Angeles, C a lifo r n ia Dear S ir : Knickerbocker, General Manager, :eles, rn * Acknowledging r e c e ip t o f your le t t e r , October 11, f i l e 9215, in referen ce to q u a rterly rep o rt coverin g sales and monthly payments o f company houses* understanding in Mr* Gray’ s o f f i c e in connection w ith these rep o rts , and am enclosin g herewith, a copy o f in stru ctio n s from Mr* C alvin to me, under date o f September 14, 1922, at which time these qu arter­l y rep o rts were started * My understanding a t th at time was, th at o f the heading as shown on each and every rep o rt as fo llo w s : "Q u a rterly Report o f Company Cottages in C lark’ s la s Vegas fow n site Sold to . 19 *** "Houses B u ilt-6 4 , Houses Sol&-55 (28 Jive-room and 27 four-room) Authorized Sale P ric e * Five-Room Houses o r ig in a lly #2100.00; increased June 30, 1924, to 12600.00, March 1, 1928, to #3100*00 Four-Room Houses o r ig in a lly #2000*00; increased June 30, 1924, to #2500.00, March 1, 1928, to #3000.00.” I d id not know th a t houses which were constructed in other parts o f the C ity on loans by us, had anything to do w ith th is rep o rt* F u ll and d e ta ile d in form ation concerning loans and con stru ction o f houses fo r Wm* May and Van Santongue, are c a rrie d in separate f i l e s (co p ies o f which you have) and I did not think were expected to be added to the q u a rterly re p o rt o f the s ix t y - four company houses which were o r ig in a lly constructed* by Mr* Gray in the fu tu re, we w i l l most c e rta in ly see th at they are shown on the qu a rterly re p o rt, i f i t is so desired by him. I am very so rry , indeed, th at there has been any m is- However, i f any sa les or loans should be authorized Yours very tr u ly V ice-P resid en t & Agent WEB MC