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upr000160 165

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Digital ID
upr000160-165
Permalink
http://n2t.net/ark:/62930/d1wm1621c
Details
Member of
LVLWC - proposed sale of water production facilities of Union Pacific railroad Company (UPRRC)
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Digital Provenance
Digitized materials: physical originals can be viewed in Special Collections and Archives reading room
Publisher
University of Nevada, Las Vegas. Libraries

(COPY) Omaha - March 19, 1952 704-36 Mr. A. E. Stoddard: (CC - Mr. W. H. Hulsizer Mr. ¥. R. Rouse) This refers to your letters of December 10, 1951 and January 15, 1952, file 199, about the suggested change in the corporate set-up of the water production and distribution facilities at Las Vegas, Nevada. During the extensive correspondence there have been various comments made, but it appears that it would merely complicate the situation for me to now comment on some of these different proposals which may not materialize. Therefore, I have hereinafter limited my comments to the effect, accounting-wise, of the latest proposal, e.g.: Mr. Hulsizer^ letter January 7. 1952 to Mr. Stoddard: Sheets 2 and 3, items 1 and 2: If the water . facilities were conveyed to Union Pacific at recorded book costs, I concur in the understanding that such conveyance would not involve any federal income taxes. Sheet 3, item 3 and the following three para­graphs: Using the figures shown in the letter, a comparison of the federal income tax results from donating the property in contrast to selling it is shown below: