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<br />/ <br /> <br />for one year ter~. At ~he expiration of these ter~s each direc- <br />tor will then be ~lected for their full three year terms. Each <br />sto~kholder may cast one vote per share in ~ach of the districts <br />and for the Director at large which is up for election. (Amended <br />January 6, 1986.) <br /> <br />section 3 Should any vacancy occur in thel?oard of <br />Directors, by death, resignation, or otherwise, a majority of the <br />remaining directors shall have the power to fill such vacancy for <br />the balance of the term by electing one who shall be a stock- <br />holder, PPOVIDED, that during said test period vacancies shall be <br />fi~led in conformity with said Decree. . <br /> <br />It, <br /> <br />.~ Section 4 The Boare of Directors shall have the entire <br />ch~rgeand management of the property, business, and affairs of <br />the Co~pany: it shall be its duty to have and exercise full <br />supervision of all the business of the Cowpany and of the distri- <br />bution of all water available for distribution by it or to be <br />. carried on or conducted by it under and pursuant to tne terms and <br />provisions of said Decree of sqid Court hereinbefore rr.entioned; <br />to audit all bills and accounts and to exa~ine the books, bills, <br />vouchers, accounts, and other evidences of debt to or from the <br />Company: to see that no bill, account, or voucher shall be paid <br />by the Company until audited and approved by the Board unless <br />otherwise specifically ordered by it: and to see that all vou- <br />che~s for the payment 6f money shall be signed by the Secretary <br />or Treasurer and countersigned by the President, but in case of <br />the absence of the President, the vice President may countersign. <br /> <br />section 5 The.Board shall have power to employ such <br />officers and agents as may be necessary: to fix the sa]aries of <br />the same, and of the officers of the Co~pany, to require bond of <br />any officer or employee, and to transact and supervise all the <br />business of the Co~pany, as they may dee~ best. <br /> <br />Section 6 That Board shall have power, in the absence <br />of the President or Vice President, to appoint a chairman pro <br />tern, and during the prolonged absence of any officer, to appoint <br />a substitute pro tern. <br /> <br />. Section 7 <br />shall constitute a <br />from day to .day: <br /> <br />section 8 The presicHng officer shall' have the same <br />right to vote as other ~embers of the Eoard. <br /> <br />A majority of all thl. members of the Board <br />quorum; but Jess than a quorum ~ay adjourn <br /> <br />~, <br />f <br />~~' <br />'I,: <br />~ <br /> <br />section 9 The Board of Directors way, subject to law <br />and these Bylaws, prescribe the duties of the officers and <br />employees, and make all needful rules for the transfer of stock <br />of the Company, the issuing of certificates of stock, keeping the <br />records and accounts of the Company, and construction and opera- <br />tion of the canals, ditches and other property of the Company. <br /> <br />Page 7 <br />