Laserfiche WebLink
the intereet thereon, and to bear their te ehare of <br />the ezpenee9 of the maintenanoe e.nd operation of the oompany's <br />syetem, and that suoh condition ae ia areated by suoh e�le of <br />etock ehall continue in the future, therafore: <br />Be it, end lt ie hereby resolved that the By=1d�e of <br />The Trinchera Irrigation Company be, and they are hereby nmend- <br />ed in the folloxing particulars: ' <br />That 8eotlon 2 oi Artiole V thereoi be amended to read <br />aa f ol l owe: <br />N98ction 2--Tranefer of 8tock--Bhares of etack ehall <br />be traneferable only upon the booke of the compaziy� and <br />upon the assi�nment o� oertificate, or a written request <br />for tranePer by the owner or holder thereoi, pereonally� <br />or by agent or attorneye, and upon the eignaturo of the <br />certifioutes to be traneferred properly endoreed or <br />assigned; and no tranefar of etook ehall ba made until <br />end unlese all aeeosemente, intercet, and charges due <br />thereon ehall have been pc�id� No stoak, by virtuo of <br />�hioh water ie no�+ used upon lands lying below the 8mith <br />Reeervoir, may be transferred, either by sale or by <br />rental or uee agreement, for use above eaid reservoir; <br />p�d no stock, by virtue of which v�ater is naw used upon <br />lande lying above the Bmith Reservoir, may be transierred, <br />by eale or by use agreement, for use below eaid reeervoir. <br />And be it and it ie further�hereby resolved that the <br />sale and iseuance at par, of not more than 1000 shares of tha <br />capitel stock of the Company be and it le hereby authorized, <br />whi�h stock �hall be eold eolely for use of Rater belbw the <br />6mith Reservoir end eub�eot to the By-la�re oY the Company in- <br />cluding epeoirically the above amendmant of said By-laws. <br />The above resolution wae read to the Board. It was <br />moved by Young, eeoonded by Brown that e�id reeolution be adopt- <br />ed. dn vote taken �he motion wae unanimouely carried� <br />