PROJ00099

• Contract/PO #: C150048
• Contractor Name: Plumb and Dailey Ditch Company, The
• Contract Type: Loan
• Water District: 6
• County: Weld
• Bill Number: SPL
• Loan Projects - Doc Type: Feasibility Study

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ARTICLE 10
Assessments
All assessments shall be due and payable within thirty days after notice thereof
duly mailed by the Secretary. Past due assessments shall bear interest at the rate
of ten percent per annum. No water shall be turned out on the order of any
stockholder who is in any way indebted to the Company at the time, either for
assessments or otherwise. When any assessment is past due from any stockholder, the
shares of stock, or so much thereof as is necessary, may be sold for the purpose of
paying such assessment, interest, costs and other charges of making such sale.
Notice of such proposed sale shall be published in a newspaper published in Longmont
for four weeks prior to the date of sale, and a copy of such notice, shall be mailed
to the stockholder, whose stock is to be sold, at his post office address as shown
by the books of the Company, by registered mail. Any surplus remaining after paying
such assessments, interest costs and other charges of making such sale shall be
turned over to such stockholder.

ARTICLE 11

Amendment of Bv-Laws

These by-laws or any of them may be added to, altered, amended or repealed at

any regular or special meeting of the directors, by majority vote.

ARTICLE 12
President Pro TemDore
In case of the death, resignation, removal from the State or the inability or
refusal of the President to act, the remaining directors may select a President Pro
Tempore, who shall have and exercise all the powers and duties of the President,
until the next meeting of the directors' following the annual meeting, or until the
President shall again act.

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