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<br />I'- <br />(S) <br />0.. <br /> <br />. <br />N <br />I'- <br /><D <br />on <br />.... <br />I'- <br /> <br />Directors from attending, the Board is empowered to <br />remove such offending director and to declare his office' <br />vacant, and appoint a successor 88 hereinbefore <br />provided. ' <br />Section 4" At any regular or special meeting of the <br />stockholders of the company, any stockholder not <br />present in person may vole his, her or its shares by <br />proxy, which proxy shall be in writing iI,1 t~e usual <br />form, and signed by the shareholder appomting such <br />proxy, and shall name as proxy for such shareholder, <br />some other shareholder or shareholders. No person, <br />firm or corporation not a shareholder or his agent may <br />act as proxy for a. shareholder. No person shall hold or <br />vole proxies at any meeting in excess of 10% of the <br />iesued and outstanding stock of the company. <br /> <br />o <br />z <br />w <br />z <br />o <br />I <br />0.. <br /> <br />ARTICLE IX <br /> <br />Powers of the Board of Directors <br /> <br />Section 1. In addition to the general powers, duties <br />and acts incident and which usually appertain to their <br />offices and positions, and such as they are severally <br />authorized to perform under the law and articles of <br />incorporation 8ll well as by the by-laws of this corpora- <br />tion they shall. have the power, and it is hereby <br />enjo'ined upon them as a duty todo the following things: <br />(a) To make, and, as oft.en as shall he necessary in the <br />light of experience, to change roles and regulations for <br />the delivery of water to the consumers thereof who are <br />entitled to the same, in such manner as shall be most <br />conducive to any equitable distribution and delivery <br />thereof, at the pointa where it leaves the canals or <br />laterals ofthis company and enters into private canals <br />and di\.ches of the stockholders or consumers, to the end <br />that the water actually received by the consumers or <br />stockholders be proportionate to the stock held by such <br />consumers or stockholders. <br />(b) To prevent the promiscuous and unauthorized <br />diversion of water from, and the tampering with the <br />canals, laterals and works of this corporation. <br />(c) To bring about such prosecutions of persons <br />violating such rules where violations of such roles <br />constitutes violation oflaw, as shall be necessary to put <br />an end to such practices and bring about the equitable <br />distribution of water under the corporation's system. <br />(d) To employ improvements and devices for the <br /> <br />6 <br /> <br />0< <br />W <br />0.. <br />W <br />W <br />'" <br />'" <br />. <br /> <br />)- <br />f- <br />Z <br />::l <br />o <br />U <br />IT <br />-' <br />-' <br />f- <br />Ul <br />o <br />u <br /> <br />E <br />o <br />0< <br />LL <br /> <br />, <br /> <br />of said due date at least fifteen days prior thereto by <br />mailing a notice to each stockholder as shown by the <br />books of the compa'ny" <br />Section 8. Cost-ehare basis pooling agreements may <br />be entered into'with'the.U"S" Government only upon a <br />vote of a majority of the stockholders oCthe corporation. <br />In' the event' a pooling 'agreement ,for the U.S.' <br />Government for construction of improvements of the <br />ayBtem on a cost-share basis is approved by a majority <br />of the stockholders, all stockholders shall there upon be <br />charged his proportionate sbare that his stock would <br />have earned under said pooling agreement, and said <br />amount shall be charged to the stockholders water ' <br />account. <br /> <br />ARTICLE XII <br /> <br />Stock Transfers <br /> <br />Section 1. Transfers of stock shall be made on the <br />books of the corporation !lnly upon the surrender ofthe <br />certificate of stock to be transferred, which certificate <br />shall show the person surrendering the same to be the <br />owner, upon payment' of such fee as shall be fixed for <br />such transfer. <br />Section 2. This corporation 'will not recognize 'as <br />owner any claimant of stock whose ownership is not <br />shown byli transfertohimduly'madeon the company's <br />books, in accordance with the provisions of these by- <br />laws, tbough he may be tbe unregistered owner'of the <br />shares, <br />Section 3" An unregistered owner may not vote at any <br />meeting of stockholders, either in person or by proxy <br />nor receive water under or by virtue of his share until <br />they shall have been transferred to him on the books of <br />the corporation. And the transfer of any such stock, <br />except .upon the books of thi6 company; win not be <br />recognIZed for any purpose by the corporation: <br /> <br />. <br /> <br />ARTICLE XIll <br /> <br />By-Laws - Amendment <br /> <br />No officers of this corporation shall have the power to <br />suspend the operation of tbese by-laws, or any of them, <br />but they, or any of them, may be amended or new and <br />additional by-laws enacted by a majority' vote of the <br />stockholders at a meeting called for that purpose. <br /> <br />- <br /> <br />11 <br />