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executing documents on bohalf of said company; shall collect all assessments and monies due the company and deposit the same in the depository designated by the Board of Directors, and shall disburse funds on the proper order of the Board of Dir- oetors or the President; and shall make a report of the business transacted by him annually or oftener if so requosted by the Board of Directors or the President, and he shall do and perform such other duties and functions as may be required of him by the Board of Directors or the President. Section 4. A pointmint and Duties of Su erintindent. The Board of Directors may appoint, in addition to the officers above named, a superintendent of the irrigation system, who will be in charge of the work of construction, maintenance and repair of the distribution works of the company and of the distribution of the water; he shall make to the Board of Directors a monthly s port, showing the condition of the ditch and the amount and character of work dons during tha previous month, and shall certify to the Secretary - Treasurer, monthly, the time put in by himself and by each laborer in performing work in behalf of the company. ARTICU IX Assessments Section 1. Lt)v of _Assessments. The Board of Directors shall recommend t tha stockholders at their annual meeting the amount of the assessments to be levied for the ensuing irriga- tion season for the operation, maintenance, repair, rohabilita- tion, and construction of tho irrigation system and the assess - mont will not become effoctive unless approved by a majority of the stock issued and outstanding represented either in person or by proxy at said me)tinC; provided, however, that should the stockholders fail to mak•3 or authorize such assessments by the lst day of April in any year, then the Board of Directors shall have the power to make any assessment at any regular or special meeting. ThQ assessment will be levied against each shareholder In that proportion which the, number of shares held by him bears to the total number of char ^s outstanding. Section 2. Sala of Stock for Dolin uent Assessments. The Board of Director_sw=e_v_o7no authority to sall the s oek of any stockholder in the avant the assessments levied against said stock are not paid within thirty (30) days after demand for the paym,:nt of the assessment has been depositod in the Post Office, properly addressed to the Post Office address of such delinquent stockholder. The proeeids of any sale of the stock over and above the amount due on said shares shall be paid to the de- linquent stockholder. IN addition to the authority to collect the delinquent assessments by the sale of the stock as in this paragraph provided, the Board of Directors is authorized and empowered to refuse to deliver water to any stockholder who has not made the payment of his assessment on tha date proscribed. ARTICLE X Stock Certificate Section 1. Form of Stock Certificates. The Board of Directors shall do erm no t o form of stock cortificato and the same shall be signod by the President, his signature attested by the Secretary, and shall express on its face the number, date, issuance and number of shares represented thereby. 5.