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<br /> <br />e <br /> <br />As shown in Table I I, MLI is the owner of a total of 5.25 cfs <br />of priorities No.5, No. 13t and No. 20. In additiont MLI is the <br />majority stockholder in the Johns Flood Ditch Company (hereinafter <br />f rred to as JFD). The stockholders of JFD are listed in Table IV <br />re e <br />below. <br /> <br />TABLE IV <br />JOHNS FLOOD DITCH COMPANY OWNERSHIP <br /> <br /> Owner Number of Shares Percent <br /> - <br /> MLI 242 60.5 <br /> Angelo Cappel lucci, Jr. 35 8.75 <br /> Grace and Eugene Philpott 30 7.5 <br /> Jimmie and Judith DeGarbo 20 5.0 <br /> Esequiel Salazt et al 20 5.0 <br /> Frank and Margaret Veltri 20 5.0 <br />e Stella and Gerald Maglia 16 4.0 <br />Porfirio Salaz Estate 13 3.25 <br /> Orlando and Dolores Baca 4 1.0 <br /> Totals 400 100.0 <br /> <br />As shown in Table IV, MLI owns 60.5 percent of the stock of <br />Jffi and therefore MLI owns 60.5 percent of those water rights in the <br />Johns Flood Ditch that are owned by JFD. Table IV-A is a listing of <br />water rights in the Johns Flood 0 itch owned by ML I. I nc I uded in the <br />table are the water rights owned directly by MLI and also the water <br />rights owned indirectly through MLI IS control of 60.5 percent of the <br />stock in JFD. <br /> <br />e <br /> <br />8 <br /> <br />