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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />mortgage all of the franchise and property of the corporation, both real and personal, to secure the <br />repayment of such loans. " <br /> <br />The Board of Directors of the Corporation consists of eight persons, who are stockholders, <br />and who are elected annually, and hold their offices until their successors are elected and qualified. <br />The officers of the Company, consisting of a President, Vice-President, Secretary-Treasurer are <br />members of the Board of Directors and are chosen annually by the Board. The duties of Board of <br />Directors are listed in the By-Laws! Articles of Incorporation. The current Directors of the Company <br />and their offices are as follows: <br /> <br />President David L. Bernhardt <br />Vice-President Gary W. Wiedeman <br />Secretary-Treasurer Ronald F, Brinkman <br />Director Larry L. Croissant <br />Director David J, Stephens <br />Director Lawrenece H. Hertzke <br />Director Leonard A. Wiest <br />Director John G, Gauthiere <br /> <br />Revenues are derived principally from assessments charged on shares of stock owned by the <br />stockholders, A small amount of revenue comes from leasing rights for recreational use of several <br />reservOIrS, Appendix D contains financial statements prepared by the Company from 1994 through <br />1996, <br /> <br />5 <br />