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man000176-090
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http://n2t.net/ark:/62930/d1vx0814m
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Purchase of LV Land & Water Co. legal documents (1 of 2)
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i Mr. Leo McNamee -4- November 29, 1954 us to do that. Is there? Hamilton: No, I think the point he is probably trying to drive is that, if Union Pacific refuses to pay those and the taxes become delinquent, then the District would have to pay the entire yeares taxes on it. I think that is what he is driving at there. If Union Pacific does not pay them, we have taken the land subject to a whole year8s taxes; and then, of course, the answer to that is that, under our contract, we can prorate them. Then, the District can turn around and sue Union Pacific for any amount of the Union Pacific taxes it had to pay. My reaction was just exactly as yours. I was very much surprised to see that suggestion .made. I certainly think Leo0 a view that the taxes should be prorated is the only proper view that the District can adopt. Thomas A. Campbell TACtnsb Enclosure