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forebay, and 1 2 " concrete pipe* 3. In 1918 it expended $3,850*21 for 16" vitrified clay pipe line* U. Also expended in 1918 $6,779.09 for 16" wood stave pipe line. 5. In 1920 it spent $6,088*96 for additional 16" wood stave pipe line* 6 . In 1922 it spent $5*197.95 for 16" cast iron pipe line* 7. In 1925 it spent $6,109.22 net for 12" drilled well 635 feet deep. 8* In 1926 it spent $8,267*3h for 21*" and 16" wood stave pipe line plus $12 5 ,1*1* for spring house ventilators, 9. In 1927 it spent $6,010*23 for. 12" cast iron pipe from little Spring, 10, In 1928 eight meters were purchased and installed at a cost of $3,236.51*. Also in 1928 a 2j> million gallon reservoir was constructed at net cost of $6 5,865*61** 11* In 1929 a 21*" cast iron pipe from reservoir to point of delivery to Las Vegas Land and Water Company was installed at cost of $6 1 ,5 55.1 1 . The total net cost taken from the Railroad Company books, or valuation of the above noted facilities existing as of January 1, 1931, equals $177*11*7.88. These are joint facilities owned by the Railroad Company exclusively but used by the Railroad Company and its Las Vegas Land and Water Company. In September, 1931, this Commission found $165,11*0*26 as the fair value of all Railroad facilities and a fair rental for the use of these to be $1,201**65 per month, based on an interest rate of 6% on the $165,11*0.26 and reserve for replacement at approximately 2% on $1 7 7 ,11*7 .88.