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C150331 Feasibility Study
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C150331 Feasibility Study
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Last modified
5/29/2014 1:11:00 PM
Creation date
3/29/2012 8:13:26 AM
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Loan Projects
Contract/PO #
C150331
Contractor Name
North Delta Irrigation Company
Contract Type
Loan
Water District
40
County
Delta
Loan Projects - Doc Type
Feasibility Study
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land and to in no manner prevent the farming of any irrigable land <br />owned by said stockholders. Shares of stock in said Company shall <br />not become assessable until the same are affixed to certain tracts <br />of land, but no water shall be drawn thereon until the same are <br />affixed to said certain tracts of land. No amendments to these <br />Articles of Incorporation shall be made, save by a vote of three - <br />fourths of the entire issued and outstanding stock of said Company <br />and by meetings regularly called for the submission of such <br />amendment. <br />The Company shall have the right to install such devices for <br />the proper measurement, distribution and control of the delivery <br />of water as it may f ind most fair and accurate. No stockholder <br />herein shall have the right to permit any other consumer of water <br />or ariy other person to use said water, nor will he himself make use <br />of such water on any other lands than those named *in the <br />certificate of stock, unless said land shall be seeped or destroyed <br />as hereinbefore stated. <br />The acceptance of certificates of stock in this Company shall <br />be conclusive evidence that the shareholders have assented to each <br />and every one of the provisions of these Articles of Incorporation. <br />The Shareholders in said Company further agree, and it shall be <br />their duty, to shut off all water which is not necessary for the <br />irrigation of their lands, and must not waste any portion of the <br />7 <br />
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