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__ �,- <br />. � �....._:� , _ _._ _ - <br />. . . -t�.-x.,-- -_ _- <br />r � - - --�- - .-_ _ _ <br />�- . ------- --- - <br />`, t' . M" . . � . . . � <br />By Laws of the Grand Mesa Resexvoir Com�a,ny Continued <br />tific�te shall �ssue in tir�e thereof. The receiver of the <br />ne�r certifica.te shall before receivin� the s�x�e be re- <br />- quired to si�n the by la.ws of the company; Rnd no trRnsfer <br />of any certific�te or sh�.re of etock sha,ll be valid upon <br />which a.ny Pssessr�en� r.re due aynd unpa.id or the holder of <br />which is in �.ny manner indebted to the comp�ny without <br />the consent of the board of directors: <br />Art. X11. Books & P�.p�r <br />Sec. 1. The books and p�.pers in charge of the secretPry <br />and treasurer sh�.11 at �11 times durin�; business hours be <br />open to inspectian to the boP,rd of directors or Pny fitock- <br />holder. <br />art. X1111 A�endments <br />$ec. 1. These by 1Pws ma.y be a.�ended or repe�.led at any <br />annu�l meet�n�; of the comp�.ny or �.t any speci�,l meet3ng <br />c�lled for thPt purpose by �, vote of two-thirds of the <br />subseribed stock, <br />Art. XIV. Forfeited Stock <br />Sec. l. Any stockholder or stockholdere who shall fail to <br />Pa.y any installment or assessment that may from tir�e to <br />time be duly a.ssessed ��,inst hir� w3thin ten days Rfter <br />personal dem�.nd by a duly �.uthorized officer or �;ent of <br />the company in �vriting or print or v�rhen such personal de- <br />n�.nd cannot be made then within thirty days after the mail-� <br />in�; of a written o'r prin�ed dem�.nd therefor to his or her <br />l�.s� known address, sh�,ll be deemed to h�.ve forfeited his <br />or her stock to a.n amount equP.l to pa.y all assessments or <br />inst�.11menta due toaether �rith the cost of collecting th e <br />same. <br />And it sh�.11 be the duty of the secret�.ry farth�ith <br />to advertise the stock ov�med by such delinquent fpr sale <br />to the hi,qhes� bidder for c�.sh, by r_ot less tha.n five of <br />the most conspicuous p1�,ces in 2�esa County ColorP.do. <br />Bec. 2. Any delinquent stockholder whose stock is �.dver- <br />tised under the preceedin� section may redeen the same �t <br />any time before so1d, by paying in iiill all �,sseesments <br />or installments due thereon to�ether with a.11 cost for <br />advertisin�;; the sar�e. <br />Art. XV. Vacancies <br />9�c. 1. In c�.se a,'v�.c�.ncy by de�.th or otherwise in the <br />bo�.rd of directors, �, specia.l meettn�; of the stockholders <br />shPll be c�.11ed by the president a�ithin ten dPys fror�------ <br />( The rera2.inder of these by laws h�.ve been destroyed) <br />-9- <br />