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C150341 Feasibility
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C150341 Feasibility
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Last modified
1/23/2015 4:19:18 PM
Creation date
10/10/2012 8:36:31 AM
Metadata
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Template:
Loan Projects
Contract/PO #
CT2015-027
C150341
Contractor Name
Pisgah Reservoir and Ditch Company
Contract Type
Loan
Water District
12
County
Teller
Loan Projects - Doc Type
Feasibility Study
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31. He shall keep the corporate seal of the corporation and the book of blank certifi- <br />cates of stock, fill up and countersign all certificates issued, and make the corresponding <br />entries in the margin of such book on such issuance; and he shall affix the said corporate <br />seal to all papers requiring a seal. <br />32. He shall keep a proper transfer book and a stock ledger in debit and credit form <br />showing the number of shares issued to and transferred by any shareholder, and the dates <br />of Bich igsuanre qnd transfer. <br />33. He shall give, or cause to be given, notice of all meetings of the shareholders and of <br />the board of directors when such notice is required by law or by these by -laws to be given, <br />and shall perform such other duties as may be prescribed by the board of directors or <br />president, under whose supervision he shall be. He shall be sworn to the faithful discharge <br />of his duty. <br />TR R A cT IRF,R <br />34. The treasurer shall have the custody of the corporate funds and securities and shall <br />keep full and accurate accounts of receipts and disbursements in books belonging to the <br />corporation, and shall deposit all moneys and other valuable effects in the name and to the <br />credit of the corporation, in such depositories as may be designated by the board of <br />d i recto rq_ <br />35. He shall disburse the funds of the corporation as may be ordered by the board, <br />taking proper vouchers for such disbursements, and shall render to the president and <br />directors, at the regular meetings of the board, or whenever they may require it, an account <br />of all his transactions as treasurer and of the financial condition of the corporation. <br />36. He shall give the corporation a bond, if required by the board of directors, in a sum, <br />and with one or more sureties satisfactory to the board, for the faithful performance of the <br />duties of his office, and for the restoration to the corporation, in case of his death, resigna- <br />tion, retirement, or removal from office, of all books, papers, vouchers, money and other <br />property of whatever kind in his possession or under his control belonging to the corpora - <br />tion. <br />VACANT CTRS <br />37. If the office of anv director, or of any officer or agent, one or more, becomes vacant <br />by reason of death, resignation, retirement, or removal from office, or otherwise, the <br />directors then in office, although less than a quorum, by a majority vote, or by a sole <br />remaining director, may choose a successor, or successors, who shall hold office until his or <br />their successors are elected at an annual or regular or a special meeting of the shareholders. <br />
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