Show RANCH OWNERS GET OFFERS OFFER FOR LANDS WATER ranch owners whose landfill land will abeln be inundated by mead lake the body of water to be formed by boulder dam are being advised this week at what value their property Is being held by the ithe federal government it la is expected that up approximately proximately a halt million dollars will be paid the land owners not only for acreage but for water rights according to walker R young construction engineer of the dam project J E et for the reclamation bureau M moat oat of the property involved in the tao deal Is in the vicinity of st Tho thomaa the board of appraisers Is made up cecil W creel head of the nevada of harry E crane cheyenne Che venne wyo extension service at reno and lovi syphus veteran st thomas resident each of the three appraisers selected by the depart department meni of the interior made his own separate appraisal of the lands involved these reports laere forwarded to the department where a final appraisal was made valuations was determined by the board after a study studs of the soil had been ade and classification with regard to adaptability to agricultural purposes completed the rho work started at the first meeting of the appraisal board on february 3 1931 and the group carried on its survey through february march and april there the report port was recently accepted and approved by the interior department J IL alexander district counsel for tho the bureau of reclamation with offices at 1 las vegas ila has mailed ailed out notices to the owners of the tracts ot of land involved this Is the first official and direct information to besent bo sent to the ranchers as to the respective amounts they are offered tor for their holdings holding 6 in addition to payment for the land conveyed by tho ranchers to tho tha government ern ment payments will be made tor for water ater stock or other water rights which are owned or used in connection with the landin question aue atlon preferred stock in the tha muddy valley irrigation Con company pany Is 13 appraised at per share and common stock at 6 in accordance with governmental procedure the owners will he be required to io enter into it a contract containing the detailed terms and go vering the purchase of the prop orty city in question the notices sent to the property owners by the reclamation offices in las vegas inform the landholder that it he Is willing to accept the offer to furnish detailed description ioA of the land and water rights involved for insertion in the contract it Is suggested that the description could be obtained by furnishing the deed t to 0 the land which will be returned to the property owner after being copied after execution of the contract contra ot by the united states and the rancher the latter will be required to furnish a policy of title insurance or at tho the option of the government a complete abstract title tor for the land as provided in the contract wash co news |