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<br />'- <br />-~--------- <br /> <br />" . .'~". . ,--" <br /> I . <br /> "-.J '~, RECEIVED <br /> SEP 211970 <br /> WICHITA BANK FOR COOPERATIVES <br /> BY-LAWS <br /> OF <br /> THE TERRACE IRRIGATION COMPANY <br /> A Mutual Irrigation Company <br /> <br />-, <br />-...----- <br />.""""'--L <br /> <br />AR'l'ICLE I. <br />INCORPORATION <br /> <br />This company shall be known as "THE TFRRACE IRRIGATION <br />COMPANY," a mutual irrigation company, incorporated July 11, <br />1941. <br /> <br />ARTICLE II. <br /> <br />SEAL <br /> <br />The seal of this Company shall contain the word ItSEALH <br />in the center thereof, with the words: THE TERRACE IRRIGA- <br />TION COMPANY" in the form of a circle around the same. <br /> <br />ARTICLE III. <br /> <br />OFFICERS <br /> <br />The officers Of thin Company nhnl1 consint of u Preoi- <br />dent and Vice-President, who shall be chosen from the members <br />of the board; a Secretary and Treasurer who mayor may not <br />be chosen from the members of the board, and both of which <br />officers may be held by one person, at the first meeting of <br />the board of directors after the annual meeting of stock- <br />holders each year. <br /> <br />ARTICLE IV, <br />BOARD OF DIRECTORS <br /> <br />The Board of Directors shall consist of three members, <br />and vacancies in the board shall be filled by the remaining <br />members of the board after the first meeting of the board <br />after such vacancy shall occur. All members of the Board <br />shall serve for the term of one year or until their successors <br />shall be elected and qualified. <br /> <br />ARTICLE V. <br />DUTIES OF OFFICERS <br /> <br />Section 1. President. The President shall preside at <br />all meetings of the directors and stockholders. He shall signt <br />'as president, all certificates of stock, all notes and obligations, <br />and Qll contracts Qnd conveyances and other papers requiring the <br />corporate sealj and shall in general be the chief executiv~ <br />officer of the company. He shall present a report of the general <br />condition and transactions of the Company at the annual stock- <br />holders' meeting. <br /> <br />EXHIBIT "G" <br />