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~;: f!,I(, ~ - '" .')1.\ ,). ~t\1i:; ',; .', It;(~t;'''';': " i ~,;~,/..-. ".' " I .": .. ~~he, 'lth, 19?~ I2V LJ 2/::/47 The annual meeting of The stockholders of The Farmers Independent Ditch Company was hold on MOnday December 6th, 19~6 at 10:00 A.N. in the City Hall :', PI,attev1l1e, Colorado. On motio~~dulY made', seconded and auuroved the reF.ding of the Call far the meetin? WAS disuensed with; the secretary reuorted that notices 'Of siad meetin.~ as nrovided by the by IBWS was duly given to eAch end every stockhaldor 'Of the' corrroan"v. President JOffi{ Briggs anpointed a committee an credentials, namely KEN'NE1IH R'eadly. Ray KIss1ey, Wilfred DeRoo. This committee rAnorted 2185/6 shares rellrflsented in person Bnd ?A9 31/120 renresent by Tlro:da, 'makin~ a total of 527 108/120, being a majority 'Of the outgta~ding ~tock of the Comnany. The meeting was dUly dpclRred ar~anized far buoiness. John Rayburn ~f Central ColoradO-Water Conservancy District .presented a short rlescrintion of the purpose end conditians for the sunscri~tian i5ar ri?hts ta thp. Narrow~. Water. Water delivAry is not expected -prior to 198). After some discussion Bnil exam1.nation of needs, Jamos Miller made a motion to subscribe for 1000 A~ of this waterif the contr~ct with r.C',/CD CRn ~a eX81"lined hy 'Our company attornp.y And found to be satisfe,ctory, and in the intE::~rest of the Fa:tmers Indanendent Ditch Comnany. This mation was seconneo hy Arnold ~oedker end u~on a vote taken _WAS 8pnroved. The minutes 'Of the,previous annual meetin~ of the stockholders was rp.ad And on motion made, seconded and was a~nroved as read. The annual financial renort of the company was distrihuted and discussion,on this re"part "!BS hold. On motion 'Of Jim Miller, secon(led by 'Bon .~'iied(!m8n that the renort be 8Tlnroved and placed on file as a T>art of the minutes of this mflAtin.e. IJ,lhis motion was BrfOnovfld. " Several ammendments to the By laws were 'Oresent~d. These ammend- ments were read 'hy the secretary and UTlon votinp.: on these indivi'duol ammendments'they were B'P'Proved. They aTe attAched to ,.tod'ays.'minutes. It was moved ny Jim miller, seconded hy Ron Yiedemfln that tIle aSgeS!'Imant ,for the year 1977 b~ set at 4;~l.OO ner share, "'d~e when assess- ed and (le1 iouent 4-1-?7 and that no w.!tter be turned out until such assessment :11as nt'!sn 'Daid. Motton carriod. It WPS moved by Rob Wi-edeman, seconded by Jim t-filler that the, carry- .inp',ch~rge for the Western Water for the year '19?7 he set at ~5.00 and that no. ~estern water be delivered above the noint at which this wate~ in turnerl into the ditch. ~rflsident John ~ri~gs steted that nomination were inorder for dlrp.ctorsf~r th~ ensuing year sub,iect 'to the rece'ntl;v appraved llY Law chnnees. The fo~lowing were nominated fo~ election to _the hoard of directar's .for .tlie fallowing terms: 1 year Raf'Kissler ? yeAr 'Jim Millp.r J year J, Maynard Koehn 4 yr>8r 'Dol'e).t Wiedeman 5 year John Br+p-gs A motion made that nominatians ceese wa~ seconded and unon votA was an~roved. Each nominee was vated on seTler8tely and upon ta~i~ of each vote thfl nominees were unam:j.pflusly elected ann dflclAred 8 director. .4.,,!:':hort iliRcu~sionr;:;6a.ruine the l-men I-vote Questi,on of lest'year's annual mes'ting was ~iscussed and af.ter"""'S-ome n1scussion the graup agreed there W~~ no ~Donlem now and to chan~e or try to correct this could CAU~e mf)re T)r01llem then mo..... exist. Presently all monthly meetin(.';s reauire a majority 'Of directors ~resent ta effect a quorm and further B majority of stockholders present or represented by nroxies ara required before a meetinp- may be organized . , The.vacant jo~ of Ditch Superintendent was discussed and the '-stockhnlde~-g-and.the directors are to actively try ta hire a replace._ ment a,g soon' as 'Po3sible at the' best salary available. "';;'C ,.~ ,,~"l, t :;1l1, (jf