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C150371 Feasibility Study
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C150371 Feasibility Study
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Last modified
2/19/2015 10:53:23 AM
Creation date
2/4/2014 4:19:17 PM
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Loan Projects
Contract/PO #
CT2015-031
C150371
Contractor Name
Rough and Ready Irrigating Ditch Company
Contract Type
Loan
Water District
5
County
Boulder
Loan Projects - Doc Type
Feasibility Study
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34 Special meetings: Special meetings of the board of trustees <br />may be called by or at the request of the president or any two trustees, 'upon <br />twenty -.four hour written notice thereof delivered personally or mailed to <br />each trustee at his address furnished for I such , purpose. Any trustee may waive <br />delivery of such notice by a written waiver signed by him, or by being present <br />at such meeting. <br />3.5. Quorum. A majority of the number of trustees shall constitute <br />a quorum for the transaction of business at any meeting of the board of trus- <br />tees. <br />3.6. Vacancies. In the event Q� any vacancy Occurring in the board <br />of trustees, a trustee to fill the vacancy shall be' appointed by the remaining <br />trustees until the next annual meeting of the stockholders, at which time the <br />stockholders shall elect a trustee for the unexpired term. <br />3.7. Compensation. The trustees may be paid their expenses of <br />attendance at each meeting of the board of trustees, and may be paid a fixed <br />sum for attendance or a stated salary as trustee. <br />ARTICLE IV. <br />Off leers <br />L.I. Officers. The officers of the company shall be a president, <br />vice- president, a superintendent, a secretary, and a treasurer, each of <br />whom shall be elected by the board of trustees. The offices of secretary and <br />treasurer may be held by the same person. The president and vice -- president <br />shall be trustees and stockholders. <br />4.2. Term of office. Each officer shall hold office for one year, <br />or until his successor shall have been duly elected and qualified, or until <br />his death, or until he shall resign, or shall have been removed from office <br />by the board of trustees. <br />4.3. President. The president shall be the principal executive <br />officer of the company, and, subject to the control of the board of trustees, <br />shall In general supervise and control all of the business and affairs of the <br />company. He shall preside at meetings of the stockholders and of the board <br />of trustees. He may sign for the company any instruments of writing pertain- <br />ing to the business of the company. <br />4.4. Vice- President. In the absence of the president or in the <br />event of his death, inability or refusal to act, the vice- president shall <br />perform the duties of the president and when so acting shall have all the <br />powers and duties of the president. <br />�. Secretary. The secretary shall keep the minutes of meetings <br />of the stockholders and trustees, give notices in accordance with these by-- <br />laws, be custodian of the corporate records and of the seal of the company7 <br />have charge of the stock transfer books of the company, and in general per- <br />form all duties incident to the office of secretary, as may from time to <br />time be assigned to him by the president or the trustees. <br />4.6. Treasurer. The treasurer shall have charge and custody of <br />and be responsible for all funds and securities of the company, receive and <br />give receipts.for moneys due and payable to the company, and deposit all <br />such moneys in the name of the company in such depositories as shall be <br />selected by the trustees, and in general shall perform all of the duties <br />incident to the office of treasurer and such other duties as may, from time <br />to time, be assigned to him by the president or the trustees. <br />4.7. Superintendent. The superintendent shall, subject to the <br />control, and direction of the board of trustees and the president, supervise <br />and control the ditch, headgates and other irrigation facilities of the com- <br />pany, and shall have control of the water therein. He shall execute checks <br />and vouchers for payment of material, and labor, to the extent expressly <br />authorized by, and subject to rules and directions of the board of trustees. <br />4.8. Salaries. The salaries of the officers shall be fixed from <br />_time to time by the board of trustees and no officer shall be prevented from <br />receiving such salary by reason of the fact that he is also a trustee of <br />the company. <br />
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