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<br />FROM <br /> <br />" <br /> <br />COSTILLA COUNTY4llrOKKEEPER <br /> <br />PI-iONE ND. <br /> <br />719672. <br /> <br />P10 <br /> <br />~ <br /> <br />Pled He attach the following to your Sanchez Ditch and <br />Rese~vQi~ Company By-Laws pamphlet" <br /> <br />Amended By-Laws Ma~ch 6, 1991 <br /> <br />Article IX, Section 1 <br /> <br />(i) To r~quire ~ stockholder to bear the expense of <br />th~t stoCkholder's dction~ or inH~tion~ which [OSU11 in <br />physical damag" to or ma,ntenance problem~ with respect <br />to any property own~d or maintained by the Company, <br />includinK, but not by way of limitation, Company ditchc$, <br />cRnals, 'ater~'~1 culv~rt~. w~irs. nr oth~r. prOllHrty. <br />In the event that the C"mpallY detan:nn"" thllt sl,'ch <br />additiollal maintenan~(> or repair expenses have heen <br />incurrpd. written notice th"'E:of together with a hill <br />(or the ~mount o! such expPnseS 5h~11 be submiclpd LO <br />the st.oc.kh('\llier. "j'he wateru::Jcrlsr.oc.:kholdfll:T 1II0Y "111Jt.:~1 <br />this matt..r to th" Appe..1 Board wilhin fifteen clay,; of <br />1I0tice. The Appeel Donrd ahaii r~nd~r a decision with- <br />i n f i f t e p.:l day S 0 f 1:'1 0 lie c 0 f tl V j.J c a!. 8 n d t ~ (!I ~I II' (J u n t <br />if ~o decirl~rl by the Appeal Bonrd, shall b~ duc dnrl pay- <br />able in full within fifteen days of the date o( ih~ <br />Appelll Board ruling. The Appeal noarrl shall he comprised <br />of one Board member and the By-LawD Committe!?, No Appeal <br />Roard member sh~ll sit on Said committee if committee <br />member i~ the obje~tor. In the event that Guch amount is <br />not paid by a stockholder within thirty days, the Company <br />shall have all of the same power~ which it has With regard <br />to unpaid assessments, includIng, hut nol by way of <br />limitation. the right to withhold the delivery of water, <br />the right to r..ruse to L[Qnsf",r ccrtifir.ateS of stock, <br />lh" riShl to as",aft 3 lien againsL the ~tock of the <br />stockholder for the amount due anrl owine, nnd thN right <br />to bring an action at law for tho r"covery nf the amounts. <br />T" the eycnt t.he amount is not. paid wlthill t.hirty cloys, <br />thc Gtockholder shall ~190 be r~spDnsibl~ tor any re90nHhlc <br />altt.lr'II".YS fees i:ind cost.!:) incurred hy t".hc CUJ\lp~ny !:l~ l.~$llll. <br />of such nonpayment" <br />