LPPD000440

• Contract/PO #: C150170
• Contractor Name: North Poudre Irrigation Company
• Contract Type: Loan
• Water District: 3
• County: Larimer
• Loan Projects - Doc Type: Feasibility Study

TABLE OF CONTENTS

I. CAPITAL STOCK.............................................. 1

II. AMENDMENTS TO ARTICLES OF INCORPORATION.............. 1
III. STOCKHOLDERS' MEETINGS...................... ..... ...... 1
IV. BOARD OF DIRECTORS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 2
V. OFFICERS AND EMPLOYEES. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 5
VI. DUTIES OF OFFICERS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 6
VII. COMPENSATION OF OFFICERS AND EMPLOYEES. . . . . . . . . . . . .. 6
VIII. ISSUE AND TRANSFER OF STOCK. . . . . . . . . . . . . . . . . . . . .. . . . . .. 7

IX. STOCK LEDGER. . . . . . . . . , . . . . . . n . . . . . . . . . . . . . . . . . . . , . . . . . .. 8

X. VOTING STOCK ....................................... . . . . .. 8

XI. PAID UP STOCK.. .. ............... ...... .. ... .. .. ..... ...... 9

XII. ASSESSMENTS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 9

XIII. NOTICE OF ASSESSMENTS................................... 10
XIV. AMENDMENTS TO By-LAWS................................ 10

XV. PARK CREEK..... ......... ................ ..... .. . .. .... .... 10

XVI. APPLICATION FOR A HEADGATE ............................11
XVII. INDEMNIFICATION. .......................................11

XVIII . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

XIX ..... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

XX . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

XXI.. .'...... ......... ....................... .................. 12