C150109 Feasibility Study

• Contract/PO #: C150109
• Contractor Name: Larimer and Weld Irrigation Company, The
• Contract Type: Loan
• Water District: 2
• County: Weld
• Bill Number: MC3
• Loan Projects - Doc Type: Feasibility Study

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BY...LI\\'fB
of
The Lar'imer and Weld Irrigation Oompany

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Article I

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, H rod G .
The offioers sha.l1 oonsist of a President, VI
Sp,cretary, and Treasurer, and the Tru~,~,~~21 ~flt;t elect
from their own mel1lb~l's the Presillent~'lnnd a.ppoint a
Seoretary and Treaurer.

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Artio1e II

Section 1 The deotion of Trust~es shall be held
on theflf1rif-),~onaay'-'o:f May' in-eaoh-:~;e'nr.~Ea:ofi-8Jiare"'ol'
gtock shall be entitled to one vote. The Trustees
elected shall Bp.rve :t'or the term of one ysar fram the
first.. dny,-,of,..'the' nex'b"mEln th-f.()Howlng..thair-~elect1.on,
',' '! Rnn until th!3ir SUCCi''Jsnors are elected and qualified.

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Section 2 In e'Q'ent of a vacanoy 1n the office of
Trustee, it shall be the duty of the remaining Trustees,
or a maJor1 tyoef them, at their next meeting, to fill
such vacancy.

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Seotion 3 In 011S9 oJf the death, resignation,
absenoe or disIlb1l1 t:, of the President to act, the
flot'.rd of Trustees, B'~ any regular or duly oal1ed speoia1
meeting, may app01nt one of their member as,Pres1dent
'ro tern, who shall, during such v/lcanoyor disA,bi11ty
nct (1S President, and. shall, during such time, possess
"/ld exerci Be all the pOIvers and functions of the Pres-
ident.

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Artiole III

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President

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Seotion 1 The l)resident shall preside a.t all
meetings of the Trus1iees or Stookholders. He shall
sign, ,as Presirlent, 'nIl certifioates of stock', and all
cnntraots and other lnstruments in writing, whioh
hnve beeu apprnved b~' the Board of TrUstees. H~ghe.ll
rJ.r.';?','; all oheoks and ~r9rl'anta upon the Treasurer. He
shall ha.ve 11 delibe1'ntive and the oasting vete at all
the meet1ngs of the fltocleholders or Trustees. He shall
enll speoial meet1ngn of the Stockholders or Trustees
Ilt his discretion. He shall supervise all the officers
Ilnd employelOls of the Company, see thnt their duties are
properly discharged, nnd report to the Board of Trustees
un:1 negligence or mi Eloonduct of' any officer or employee.

Seotion 2 TreaE/urer
, It shall be the duty of the Treasurer to keep
snfely all moneys belonging te the Company, and disburse
tJle sume und,er the dlrention of the Board of TrueteeG
on w",rrnnt signell by the President and SeoretR.ry.' A1J
the close of each fleicel yenr he sha.ll subm1 t to the

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