C150155 Feasibility Study - Laserfiche WebLink

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l SEC'l'ION 5. SUPERINTENDEI~- The Superintendent shall have cont-rol of the construction and repair of the Companies ditch subject to the direction at the Board of Directors. lie shall bep 'I'l'ntch over oaid ditch and prevent as far as pOD sible all Ynlstage of water theret'rom and all injury to same. lie shall apportion the water of said ditch and see that tho smno is turniehed in aacordlUlce with the instructions of tho Board of Directors to the persOIUJ entitled thereto. Furthftl" he shall in all matters pertaining to the Colllp8ny ditch be goV8%'Iled by the instruotions of the Board of Directors, ond a suitable compensations shall be nllowed him for his sorvices. SECTION 6. DIRF.cTOR~ It shall be the duty of tho Board ot Dir-eators to mannge and oxercise a gonere.l supervision over the affairs of the company, to eleot and remove any officers or emplo~'ees, to reoeive lUld paoo upon the reports ot the Seoretary, Treasurftl" and Superintendent, audit all bills and nccounts against the company and direct the Socretary in oorrespondenco. The Board of Directors shall caUSa its offiooro to make a full extdbit of their several departments lUld to prepare reports for subnission at the annUAl meeting of stockholdera. A majority of the Board of Direotorll shall constitute a quorum tor the trlUlSDotion of business. It shall be tho duty of the Board of Directors to require the Superintendent to report, as often as they may deem expedient, the qUll.Jltity of water flmnng in tho main ditch 01' the compnny Bnd the water therein flowing Rhell be reClpportioned from time to time as l'Iqui ty and, justice may require. It shnll be their further duty to prosecute to tull oxtent of the lavr any person or porsolla who shall cut. or injure in anyway the banks of tho compnny ditch or interfere in any way with hondgate of any lateral taking wator tron said ditch without firat obtaining aU~lority in writing from superintendant. 110 paroon or persons shLI11 be allowed to tnke water from company ditch with out firat locatine and constructinrr a hoadgnte thoroin and maintaining sarno, in a manner cntiofaotory to the Board of Direotoro. SEC'rION 7. All offioers of' this company wi th tho e::toeption of Superintendent must be otockholders and shall hold their respective offices until their suocesaors are duly deeted and qUAlified. 'l'ho Super1~tendont may or may not be n atookholder M best interElst of ~ompany ditch ohall determino. ARTIClE Jrd. CmTIFICATE OF STOCK- The stockholders of this company shall be entitled to oertificate of stook tor eaoh share of stock o\med by them and same shall be duly aigned by the President of the Com:pany and duly countersigned by its Soaret.ary, with the cen.porato senl duly impreased thereon, end said certificates shall be numbered a3 they are issued. Eaoh ohare of' stock 00 certified entitled the owner thereof to nne I\is ot' hor proportion of water in the me.in ditch and one Vl)te at stockholderll meetings. SECTION 1. SP..cTION 2. TRANSFERS OF STOCIS- Transfers of all stock shall be made on the books of the Company either in person, by attorney, or by ,~ndorsement on baok of cert1t1cnte of otock, but the possession of stock shnll not be regarded as evidenoe of ownership unlesIJ it nppenro on the stockbooka or the Conpan:r thnt said certificate was issued or duly tralUlferred to the holder of the Stu10. . SECTION J. lASS OF CERTIFICATE- In the event of any certifioate of stock being destroyed or loSB, and upon so.tlllfaotory evidenoe or same ~~ine presented to Board of Directors, a.coompanied with "'n afridavit of such 10IJs, the 11.foresaid Board of Directors may direot the Searetnry to issue a duplicate or sMe, and cnnoel original on stub or 88IIle in stock book and said duplioate shall repre30nt the full VIllue portaining to original. It shall be the duty ot tho Seoretary to make proper record of all recta in case of snid loss nnd tile afridllvi t of same with pap"rs Ilf compnny.