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<br />." <br /> <br />. <br /> <br />'.. <br /> <br />; <br /> <br />from the Grand Valley Canal owned and operated by the Grand <br /> <br />Valley Irrigation Company, at a point hereinafter described and <br /> <br /> <br />to transport to the members of the said Elmwood Lateral Ditch <br /> <br />Company such quantities of irrigation water as they may severally <br /> <br />be entitled to receive from the Grand Valley Irrigation Company; <br /> <br />to levy and collect pro rata such assessments as may from time <br /> <br />to time be necessary for enlargement, repairs, maintenance and <br /> <br />superintendence of aaid lateral ditch; the said company is or- <br /> <br />ganized for the purpose of carrying irrigation water from said <br /> <br />Grand Valley Canal of the Grand Valley Irrigation Company to <br /> <br />and for the several stockholders of the Elmwood Lateral Ditch <br /> <br />Company in proportion to the stock severally held by them. <br /> <br />This corporation shall be a mutual, lateral, irrigating company <br /> <br />and is not designed to own or sell or otherwise dispose of water <br /> <br />and is created for the mutual benefit of its stockholders. The <br /> <br />corporation may also carry water derived from the said Grand <br /> <br />Valley Canal, which water is rented or otherwise supplied by <br /> <br />the Grand Valley Irrigation Company to persons who are not en- <br /> <br />titled to receive such water by reason of owning shares of stock <br /> <br />issued to them by the Grand Valley Irrigation'Company. <br /> <br />ARTICLE IV. <br /> <br />THE ELMWOOD LATERAL <br /> <br />The point at which the said Elmwood Lateral Ditch <br /> <br />shall take water out of the canal of the Grand Valley Irriga- <br /> <br />tion Company is at a point in Mesa County, Colorado approximately <br /> <br /> <br />3 feet East of the Southwest corner of the Southeast Quarter of <br /> <br />the Southeast Quarter, Section 5, Township 1 North, Range 2 <br />West, Ute Meridian; the line and the course of said EImwood <br />Lateral is as follows: <br /> <br />-2- <br /> <br />.~_h:SU <br /> <br />, <br />, <br />i <br />\ <br /> <br />t <br /> <br />." <br />. ,~ .". ,-. ....; .'.i." <br /> <br />,..;.~...., . -. }-. <br />