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franchises which may be acquired by the company, to secure anv bonds or other obligations by it <br />issued or incurred; to guarantee any dividends or bonds or contracts or other obligations; to make and <br />perform contracts of every kind and description in connection with its corporate business or for the <br />purpose of attaining or in furtherance of any of its objects and purposes; and to do any and all other <br />acts and things which may be necessary, prudent or proper to carry on or to maintain its said corporate <br />hw;inPCc <br />7. (as amended 12/3/2001) To acquire by lease, purchase or otherwise the Mount Pisgah <br />Reservoir, so called, located in Teller County, State of Colorado, on Oil Creek or Four Mile and <br />which covers part of the East half of the Northwest quarter and Lots one and two in Section 31, the <br />East half of the Southwest quarter and Lots Three and Four in Section 30, and the Southwest quarter <br />of the Northeast quarter, and the Southeast quarter of the Northwest quarter of Section 30, all in <br />Township 14 South of Range 70 West of the Sixth Principal Meridian; also all prior rights to store <br />water in said Reservoir acquired by impounding waters of Four Mile Creek therein and by the <br />application thereof for all beneficial purposes. <br />8. To acquire by purchase or otherwise certain ditches or interest in ditches named and <br />described in general decree of the District Court of Fremont County, Colorado, made and entered on <br />the 3rd day of February, 1894, and by supplemental decree or decrees made and entered in said Court <br />thereafter as follows, to -wit: <br />a. Garden Park Ditch Number 34, <br />b. Lucas Ditch Number 266; <br />c. Terry Ditch Number 36: <br />d. Aaron Ripley Ditch Number 37; <br />e. Cottage Rock Ranch Ditch Number 28: <br />f. Felch's West Side Ditch Numbers 349 and 424; <br />g. OBrien Ditch Number 26; <br />h. Hunt Ditch Number 175; <br />i. West Ditch .Number 226; <br />j. Lower Ditch Number 201; <br />k. Westall Ditch Number 192: <br />and also to acquire all or a part of the water decreed to said ditches, or any or more of them, <br />respectively. <br />THIRD. (as amended 3/23/44) The term and existence of said corporation shall be extended in <br />perpetuity. <br />FOURTH. The capital stock of said corporation shall be 50,000 shares and such shares shall be <br />without nominal or par value, and every share of such stock shall be equal to every other share <br />therPnf <br />FIFTH. (as amended 12/3/2001) The number of directors of said companv shall be not more than <br />seven and the names of those who shall manage the affairs of the company, as such directors for the <br />