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0 <br />mailing or eervice of eaid notice, and etating that, unlese pay- <br />ment in full be made by the date epecified therein, the water of <br />said etockholdar ehall be ehut off. <br />9eotion 6--8a1e or Forfeiture--The Soard of Directore <br />may forfeit or sell the shares of etock owned bg any etockholder <br />tizho ehall beoome delinquent in the payment of any aesessment or <br />aeeeaemente or oY eny lnetallment or installmente thereof, in the <br />manner following, to-�vi t: <br />�Phen eny etockholder shall become delinquent in the pay- <br />ment of any easesement or aseesemente or eny inatallment thereof <br />ae defined and provided in 8ection 5 of this Article, the sec- <br />retary ehall mail or serve the notice prmvided for in eaid <br />8ection 5 of this Article, and as therein �rovided. After such <br />notice ehall have been qiven, and the period of not leee than <br />thirty days preecribed therein ehall have expired, end at eny <br />time thereafter a v�ritten notice eigned by the secretary ehall <br />be mailed to euoh stockholder at hie laet knomn poet offica <br />addreee, or ehall be delivered to the etockholder in pereon, <br />whlch notiee shall etate the date �nd amount of auch delin- <br />quenciea, ehall demand payment thereof, and ehall give notice <br />that unleae payment of euch aseesement or aeeesemente or in- <br />etallwente thereof, �+ith interest thereon, ehe.11 be made on <br />or before a certain date not le�s than thirty daye after the <br />date of the setvice or meiling of euch notioe� euch etock shall <br />be forfeited to, or eold by the cbmpeny. If payment be not <br />made ae demanded 1� eaid notice on or before the day speoiiied, <br />the 9oard of Directors may: <br />(a) Declare eaid stock forfeited to the company, or <br />(b) Prooeed to sell eaid stock in manner followiag: <br />The secretary ehall give notice by advertisement in a ne�repaper <br />-12- <br />