C150316 feas study

• Contract/PO #: C150316
• Contractor Name: Trinchera Irrigation Company
• Contract Type: Loan
• Water District: 35
• County: Costilla
• Loan Projects - Doc Type: Feasibility Study

� _
,
� • ;
... . .. . . . � � •, ^ 1 �
� BY-.LA4�S OF THE TRINCHERA IRRIG�ITION OOba'PANY.
ARTICLE I. '
3oard of Direotors.
. eection 1--Election--As eoeoiYled 1n tha Artioles o! In-
corporation of thie company; tho Boerd of Direotors oonslste oi
five member�� eaoh of �rhom ehall be a etoakholder of the Company.
The membere df�the board gha1� be eleated by the etoo$holdere at
their annual meetinR eaoh yee.t, and shall hold thelr respeotive
offices, as directore, for a te�m of one year, or until their
succesaore ehall have been eleoted and qualiYied.
_ �eotion 2--VaoAnoiee--Any and all vacanoioe in the•of-
fica of director ehall be filled by a raa�oxlty vote ot the re-
maining directore, at any regular or speoie.l meeting theraof.
A vacancy shall esist �h�n a. direotor dies, resigns, is �udi-
cially declared a lunatic, or beases to be a stookhelder of th�
coe��any �
Section 3--Duties and Powere--Tha 3oard of Directors
• sha11 exercise general eupervieion of tha aYfalrs of the company;
shall eleot, anpoint, or desianat@; and mgy remove all offioere,
agents, attorneye and employees; �hall receive and pase upon
reports af.the secretary and treasurer; and shall approve or
re�ect all bills and accounte a��inat the company; ehall let
all cont'rac�Es for �vork authorized b� the company; ehall pzepare
proper reporte, audite and recommendationa for eubmieeion to the
annual meetinge of the stockholder�, inciudincc a proposed bud�et
of expenees for each eneuing year.
• 8ection 4---Quorwn--A ma�ority of all the membere of
the Board of Direotors ehall conetitute a quoru� for the purpoee
of traneaoting any and all busineee of the board.� gny number oi
directore l�eee than a quorum ehall have power and authority to
sdjou�n ariy meeting of the board, from time to time, until a
ouorum ehall ba pres�nt.
•
0