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_�, ._,-.---- --- <br />:.A <br />r� ,�:� , „¢�• <br />� <br />� <br />- <br />By Laws of the Grand 42esa. Reservoir Comn�,ny Continued <br />tific�te sh�Il issue in tir�e thereof. The receiver of the <br />ne� certifica.te 8ha11 before receivin� the s�.Me be re- <br />quired to sic�n the by la.ws of the company; Rnd no trRnsfer <br />of a.ny certif3c�te or sh�,re of stock ah�.11 be vP.lid upon <br />which any Pssessner� r,re due a,.nd unp�.id or the holder of <br />which is in �.ny manner indebted to the compRny without <br />the consent of the board of directors. <br />Art. X11. Boaks & P�.p�r <br />Sec. 1. The books and p�.pers in ch�.rge of the secretPry <br />and treasurer ahRll at all timea durin�; business hours be <br />open to inspectian to the boP.rd of directo�e or Pny �tock- <br />holder. <br />art. X111� A�endments <br />$ec, 1. These by 1Pws ma.y be a�ended or repe�.led �.t any <br />annu�l meet�np; of the comp�.ny or at any epeci�.l r�eeting <br />called for thPt purpose by R vote of two-thirds of the <br />subscribed stock, <br />Art. XIV. Forfeited Stock <br />Sec. 1. Any stockholder or stockholders who shall f�.il to <br />pa.y any installment or assessment thPt may from tiMe to <br />ti�ae be duly assessed ��.inst hir� within ten days after <br />persona,l dem�,nd by �, duly �.uthorized officer or a..gent of <br />the company in writing or print or Prhen such personal de- <br />nP.nd cannot b e r�ade then �ithin thirty days after the mail� <br />in�; of P written or printed dem�.nd therefor to his or her <br />l�st known address, sh�,ll be deemed to ha.ve forfeited his <br />or her stock to an amount equP.l to pa.y a.11 asseasmente or <br />inst�.11ments due to�;ether v�ith the cost af collecting the <br />S �.tri E . <br />And it shall be the duty of the secret�.ry forth�rith <br />to advertise the stock o�rned by such delinquent for s�Ie <br />to the hi�hest bidder fox c�.sh, by r_ot less tha,n five of <br />the most conspicuous pl�ces in P4esa Covnty ColorA.do. <br />Sec. 2. Any delinquent stockholder whose stock is �.dver- <br />tised under the preceedin� eection ma,y redeen the same �t <br />any time before sold, by paying in full all �.ssessmente <br />or installments due thereon to�ether with �,11 cost for <br />advertisir�; the sar.ie. <br />�,rt. XV. Vacancies <br />Sac. l. In c�.se a,�zJ�,C�.ncy by de�.th or otherwise in the <br />bo�.rd of directors, a speci�.l meetin�; of the gtockholders <br />ah�ll be c�.11ed by the president v�ithin ten dPys fror�------ <br />( The rera�inder of these by laws h�.ve been destroyed) <br />-9- <br />