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DISTRIBUTION OF WATER RIGHTS. <br />The water rights are distributed over the land in a some- <br />what irregular way. There are 20,000 acres provided <br />with what is designated as "full water rights," entitling <br />the owner to an allotment of 1.44 cubic feet per second <br />of time for each 80 acres, or an average duty of 55.55 <br />acres per second -foot. To satisfy this class of rights <br />360 cubic feet of water are required. The lands to which <br />these full rights are applied are chiefly located in the <br />Western Division, west of Gageby Arroyo. The area to <br />which held rights are applied is 48,000 acres, using 432 <br />cubic feet per second, an average duty of 111.1 aces <br />per second -foot. The remaining area of 10,600 acres <br />has rights to 132.5 second -feet, or at an average rate of <br />80 acres per second -foot. In addition to these quanti- <br />ties Mr. Kreybill informs me that Mr. J. R. Mulvane owns <br />a right to 23 second -feet which is not as yet applied to <br />any specific tract of land. <br />The total number of shares of stock in the Company <br />issued to the landowners of the district is 94,693.6, leav- <br />ing 10,306.4 shares still in the Treasury. <br />As far as I was able to ascertain, the lands provided <br />with half rights, or water at the rate of 1.44 second -feet <br />per 150 acres, were quite sufficiently irrigated, and as <br />abundantly provided with water as is necessary for all <br />ordinary crops, except, possibly, in years of extreme <br />drought, for which the full water rights are entitled to the <br />privilege of selling as many of their shares to the own- <br />ers of dry land as they may see fit to part with. This sort <br />of barter and subdivision of rights has been in progress <br />for some time, and in this way the area of the irrigated <br />25 <br />