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<br />"f'"SECTION VI: Duties of the Treasurer. The Treasurer shall have charge of
<br />:<~:,i,;: the funds of the' Association and shall payout the same by check signed by
<br />;,' himself: for and on behalf of said Association. He shall keep 'written books
<br />'of account showing 'all receipts and expenditures and shall deposit in The ' '
<br />First National Bank, which',is hereby declared the depOSitor, all'monies
<br />received by said",Assbciationj'inan account to be retained in the name of ,
<br />the . Association~~' He shill render' an accounting to the stockholders' at the .
<br />,anhtialinee~ii1g~'and tcf'theBoard of Directors llhenever'requested by a majori~y" '
<br />'bf' eitherf'tand'his bbokS'shallbe open 'at all times to the~pection ot. any,
<br />otficer or stbc~olderot said Association. ,,"J
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<br />SECTION VII: Vacancies e' Any vacancy in any ottice shall be filled by
<br />election by ballot at the next meeting bt the Board of Directors after the '
<br />vaCancy exists, and a vacancy among the members of the Board shall be filled
<br />by election by ballot 'by the remaining members of the Board, provided that
<br />if the '\Tacancies reduce, the membership ot the Board So that no quorum can '
<br />meet, a special "meeting, ,ot,: the stookholders shall be cal~e"dto till such
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<br />SECTI~N VIII. . Capital StOCk:<T~~" SU~bSCriber~ to the capital stock of' said
<br />Association shall be' entitled to c ificates ot their shares, duly signed
<br />by the President, countersigned by he secretary, and bearing the corporate
<br />seal. The certificates ot,stook sh be numbered and registered respect-
<br />. ively as they are issued.
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<br />SECTION IX: Transfer, Any transfer of stock shall be made upon the
<br />surrender of the original and the written assignment of the holder or his
<br />written request for re-issue, except in the case of a lost certificate. In
<br />the case of the loss of the original certificate the Secretary shall requir.e
<br />proof of ,such los~ ,and m~j ;it he sees tit, require an indemnity bond.
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<br />, SECTION X: Measuring Devices. '.Any and all water released and discharged trom
<br />the reservoir must be measured through measuring devices installed b,y the
<br />shareholders under the supervision of the proper water officials at the headgates"
<br />of their ditches and no reservoir water shall be turned into any ditch which,
<br />,no such measuring device.
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<br />SECTION XI: Quorum. A majority of the Board shall constitute a quorum.
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<br />SECTION XII: Seal. The corporate seal shall consist of the name of the
<br />Association ina-circle with the name "Colorado" and "Seal" in the center of
<br />the circle.
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<br />'SECTION XIII: Amendments. These by-laws may be amended at any regular or
<br />special meeting of the stockholders by majority vote of the stockholders present.
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<br />COUNTY OF GUNNISON,)
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<br />I, Glenn S. Martin, do hereby c.erti1'y that I am the duly elected,
<br />and acting Secretary of The Vouga Reservoir Association, a corporation
<br />organized and existing under and by virtue .of the laws of the State of Colorado;
<br />and that the above and foregoing is a true, complete and accurate copy of the
<br />By-Laws of said The Vouga Reservoir Association which l~re passed; approved and
<br />adopted by the stockholders of said Association on July 7, A. D.1955.
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<br />WITNESS My hand as Secretary of said The Vouga Reservoir Association
<br />and the. seal of said Association affixed hereto. this 20th d~ ot September, A. D.
<br />1955. . . ;"". .'
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<br />'X" I (,/ p 1111 .. s:.. A/I d b -r~/. ...
<br />secrJtary bt The Vouga lt8s"ervoir ASsociation
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