Laserfiche WebLink
to the subscribers to the sures of said capital stock that <br /> rights nay be initiated to the use of water iron any wends ac- <br /> quired or constructed by it for the stora7o or do*relopnait of <br /> water capable of being used on the lands of the subscribers for <br /> said shares of stook, or in the aoquisition or construction <br /> of which works the Government shall hare aided, then the said <br /> subscribers shall, under the rules end regulations ire scribed <br /> by the Government therefor, within a reasonable tine, apply to <br /> the proper agency for-such rights at the rate of one acre for <br /> each share of stock so subscribed for, and upon proper proof. <br /> to this Association that such rights hare been allotted to the <br /> subscriber and that he has complied with the Government rules <br /> sad regulations up to that tine, so as to entitle him to com- <br /> plate his ultimate acquisition thereof, then such subscriber <br /> shall be deemed to have paid on his subscription of said stock <br /> the emaunt that he shall hare then paid to or for the use of the <br /> Gorrrment for such right, and when all subsequent paym gists re- <br /> quired by the Goverment for such rights shall have bean paid by <br /> hip, or by any one for him, then such stock shell. be deemed and <br /> held to have been fully paid up. <br /> • <br /> SruCTI0G 12 -- If it should be determined. by the Goverment <br /> that the amount of water that nay safely be estimated to be ca- <br /> pable of being stored, or developed by works acquired or eon- <br /> -10- <br /> 31 <br />