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- 2 - <br />psrPormed �or the company end credit theref or given in lieu of <br />mone�. He shall also collect all asseaements, notity stock- <br />holders ot their delinquency and aend notices to stockhvlders <br />of all assessments made �nd perPorm such other du�les as pertain <br />to his ofPi�ce. <br />Art. 3. ,� f3eneral Manager or Superintendent sha11 be selected <br />far the Company to serve durit�g �he pleasure of the Board without <br />c�ompensation, unless otherwias ordered by the Board, whoae duty <br />it sriall be to hs.ve the immediate charge and supervision oP �he <br />ditch, right of way, f lumea, headgatea and appurtenanaes of the <br />compar�,q but not the la�eral ditahes used for the distribution of <br />wa�er therefrom, all sub�ect to the direction of the Presidsnt, <br />and he ah�11 perf arm such other dutiea as may be en�oined upon <br />him bg the Board and the Preaident. <br />Art. 4. The caarporate seal of the Company shall be cl.roular <br />in form and bear �he legend ' arand River Ditch Company't, and <br />in the center the word �SEA�,'�, an impression oP the same being <br />hereon made. <br />Art. 5. No dividends shall at any time be declared or pat�. <br />on the capital. stock of the Company, but all etock sha13. call for <br />use of water Prom �he Company Ditch f.n Iieu of divldende. All <br />s�oak shall be �ub�ect to an annna], aseeeament each year Por the <br />repair, .betterment, improvement, operation gnd mainten,ance ot' the <br />company�s ditch, to be Ievied by the Board ot' Directora and paid <br />in labor or money, at such time, manner and place ae the Board <br />may d9cide, and specisl assessments may be made at any time by <br />the Board when neceasity requires due to unforeseen circumstance <br />or esaualty. A].1 s�ock ot �he company sha11 read on its face as <br />followa, and be sub�ect to the terma, cond3.tions and provisions <br />