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C150311 feas study
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C150311 feas study
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Last modified
8/12/2011 3:18:25 PM
Creation date
8/4/2010 11:11:11 AM
Metadata
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Template:
Loan Projects
Contract/PO #
C150311
Contractor Name
Grand River Ditch Company
Contract Type
Loan
Water District
39
County
Garfield
Loan Projects - Doc Type
Feasibility Study
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[� <br />!. <br />� <br />� <br />' <br />r <br />_s_ <br />Art. 11. The Board sha12 hane power to advertise sad cause <br />to be sold at public auction a].1 ateck remaining delinquent Por the <br />period o�' 80 days, i n the payment oP an� aese9ament after it becomea <br />due and in case there be no bids for such �Lock, the same ma� be <br />�orfeited to the campany, but suah stock need not be sold or for- <br />feited and in lieu thereof an action maintained against the owner <br />for the asnount o� such delinquency. <br />Art. 1.2. Wster aha�.l not be �'urni�hed to e,n�r stockholder so <br />� <br />' <br />� <br />, <br />� <br />' <br />, <br />�J <br />� <br />� <br />, <br />, <br />' <br />long as he remains delinquent in the pagment of any aaeesament on <br />hie st ock and so long a� such de2.iaqu�og may contf nue, the Board <br />may a�nthorize the use oP the xater ealled for by said stock, bp <br />other stackholders af the company, without giving such oxner a <br />right of aotion against such user or the compang. <br />Art . 13. None of the st ock of the c ompany shall be ent 1t led <br />ta be voted cumulative in any manner or upon any question. <br />Art. I4. The annual meeting of the stockholders f or the <br />eleation of directors sha12 be held on the secand Saturdag in <br />January of each year, but if for any reason suah meeting be not <br />held on t hat day, it may be held on any subsequent da�r. The 8oard <br />of Director� shall be el�cted by the stockholders st their regu].ar <br />annual meeting and notice oP ec�ch meeting shall be given by publi- <br />cation Por at 2east Zq days previous to such meeting, oP the time <br />and place thereof, arzd said election shall be made by such oP the <br />stockholdere ae ahall attend for that purpoee either in person or <br />by pro�cy, provided the ma�orit� oP the stack then isaued and ont- <br />standing, is represented. IP a ma3ority oP the stoek be not repre- <br />sented at such meeting, t2ae stockh older.a preaent may ad�ourn aueh <br />meeting for a period of not exceeding 60 days. Each stockholder <br />ahall be entitled �o as many votes sa he owne sharea oP stock and <br />%I <br />L! <br />
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