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Tv.* MX. M. H. Hulsiser. - 1 - Ur. sexton, who I s an o ld r a ilr o a d man, having been g en eral manager o f the Eureka Hevada Hy.Co. f o r many y e a rs, b e - ««n»» s member o f the Tax Gommiasloa i n 1939* He h as h e re to fo re requested inform ation r e b o o t in g the re p o rts o f the UL&l Co# and p a r t ic u la r ly w ith re g a rd to the op eration s o f the w ater department, which was not s a t i s f a c t o r i ly fu rn ish e d . l e has requested that the o p e ra tio n s o f the w a te r department be accounted f o r in such manner th a t a complete and i n t e l l i g i b l e re p o rt -thereof may be had separate puts ap a rt from any oth er a c t iv it y o f the LVL&i Oo. He contends th a t i f the p o lic y w ith re sp e ct to accounting fo r w ater department o p e ra tio n s hyd been p ro p e r, the department would have accumulated earn in gs in s u f f ic ie n t amount to have enabled p la n t extensions to be made w ith ou t recourse to borrow ing. He i s not concerned w ith the fa c t th a t the fu rn is h in g o f w ater to the people o f Las Tegas is only one o f se v e ra l a c t i v i t i e s pursued by the LVL4S* Go. and th at any su rp lu s remaining a f t e r the expenses o f o p eratin g the w ater system have been accounted f o r i s merged w ith the gen eral fund o f the Company and disposed o f to the b e st advantage o f the Company: he i s only In te re s te d in securing n ecessary data where­from to s a t i s f a c t o r i ly v a lu e the p roperty o f the w ater department. The lev a d a s ta tu te s p ro v id e a s to re p o rts to be m&dete the P u b lic S ervice Commission in the form p re sc rib e d by the Commission, th at the Commission may a t any time c a l l f o r d e s ire d inform ation om itted from such re p o rts o r not provided fo r th erein , when in the judgment