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Sam P edro, Los A ngeles & Salt Lake Railroad C ompany Towns!te at Las Vegas Office Of T. E. GIBBON, General Counsel, Los Angeles, Cal., March 22, 1905. Messrs. J. Ross Clark, . V. H. Bancroft, and William Hood, Members of Committee. Gentlemen:* In view of the fact that inquiries from proposed "buyers of lots in our townsite at Las Vegas are daily multiplying, and it would, therefore, appear advisable to get those lots upon the market as soon as possible, I desire to submit in this form a suggestion which I made verbally during our recent trip to Salt Lake City, to»wit: That in order to obviate the necessity of keeping the lots off the market until the proposed real estate company shall have been formed and the townsite deeded to it, and the plat of the townsite filed by it, the railroad company might, after the surveying and platting of the townsite is completed, make sales of lots to persons desiriftg to purchase, and execute to such purchasers an agreement to, within a certain time, say six months, convey, or cause to be conveyed to them the lots which they purchased. Such a course, if adopted, would result in our getting the lots upon the market at once, and at the same time would allow ample time for organizing the proposed real estate company, vesting the townsite in that company, and having a plat of the townsite duly filed by that company, as in my opinion should be done. In handling real estate in and around Los Angeles it is very common to make sales of lots from the map of a subdivision