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C150086 Feasibility Study
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C150086 Feasibility Study
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Last modified
11/19/2009 11:25:12 AM
Creation date
3/26/2007 10:27:41 PM
Metadata
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Template:
Loan Projects
Contract/PO #
C150086
Contractor Name
Glenwood Irrigation Company, The
Contract Type
Loan
Water District
40
County
Garfield
Loan Projects - Doc Type
Feasibility Study
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<br />bnsed 1Jt:(~Y) +"'~(! estimAted capnc~ ty of 13~. d ditch, to wit, 50 cubic feet 01' wat.cr <br /><.... 1:;"- "1. ('I+- <br />por sec~nci or' time, 130 thAt 6ne share 0 such stock will entitle the owner to <br /> <br />1/1500 of such cn.!,Rcity, ",hich is considered I1S calling for a sufficient <br /> <br /> <br />quqntity of wntcr to properly irrigate 1/' ocr~ of landfor use on his land. <br /> <br /> <br />&id stock and each and every share thereof sholl be subject to an annual and - <br /> <br />equi tnble ag"cssment for improvements, betterments, repairs and maintenance <br /> <br />of ':,;-,e ditch, and in fact for all expenses needed in keeping said ditch up <br /> <br />and utilizing the ~ame for the purposes for which it is intended, and in <br /> <br />arrivin~ at the amount of assessment in each year to which any stock is to be <br /> <br />:mb jcct, t,l')l'~ exrense s for that year connected Hi th the ditch from and including <br /> <br />Lhc hend;::~te thereof, to the last point ",here the owner of any F.luch stock is <br /> <br />permi ttod to use to talee out \-Iater, shall be taken into consideration and nc;>t <br /> <br />the expenseF.l connected \uth said ditch from such point on towards its end, except <br /> <br />that t.he H:=I.ges of the ditch supervisor, the salary of the Secretary of the company <br /> <br />and costs of office supplies shall be borne nndpaid by assessments upon the out- <br /> <br />stunding capital stock of the company generally, and each shareholder shall be <br /> <br />liable for payment thereof on a pro rata basis according to the number of shares <br />mmed 'md held by him~ <br /> <br />Ench stockholder shall purchase and keep in good repair his own headgate <br />I <br />ohnll be the same ns the majority of the other stockholders headgates and <br /> <br />\.:':i c11 <br /> <br />same <br /> <br />.sholl 'co inotalled by stockholder. The company's ditch supervisor shall have the <br /> <br />, <br />right to adjllst the dividing boxes of the respective stockholders, to the end <br /> <br />tho."u each ahnr3holde:r alnll ha'lc end recel've hiD juat proportion of the \fate.' <br /> <br />carried in the ditch. If any stockholder should disagree with the supervioor in <br /> <br />rookinG (lilY ouch I)dju8t~ent, then the matter shall be referred to any civil engineer <br /> <br />who ha3 hydrpullc engineering learning, and the decision of such engineer shall be <br /> <br />conclu!:Iive, Gubject to recourse to the courts. The coste for the services of such <br /> <br />en[,i:l'~(~r 8\1r111 be equally borne. and. paid by the corporation and the complaining <br /> <br />stockholder. <br /> <br />-4- <br />
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