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<br />
<br />REOORD OF PROOEEDINGS
<br />
<br />100 Leaves
<br />
<br />ect;("In!T'flana~~mfmt and cnntrol of tht'! irrie;ating ditch of the COr.1f'any
<br />and all its arrmrtensncesJincludin['; h~adgat~s,subject to the eUf,ervi-
<br />sian of th9 R03rd of Truf:'tlt~ee.. He ah:~_11 dividp- the \inter of
<br />the Co~rany,at ~ny time flc~tn3 in it3 ditch, among all the R~ock-
<br />holdp.rc ana tht:ir in interest '\'7~O actu:'llly n~;f'.d their water
<br />for irrigating purposes dllring irrj_3S!tng seaf:Jon,an'l who are nc~
<br />delinquent in the payment of any er,",s"",ent lawfully lo',ie,l.
<br />Said div\eion of water shill be aacordinB to the Stock o.n.d
<br />by each Stockholder. The> .ci.~0h Superintendant In the diocharge
<br />of his duties, shall be oubject to the supeniaion of the frooi<ier,t
<br />and of the Board of 'l'l'us:;ftp,sso
<br />
<br />cm,~r~H8ATION OF OFFICF'.R8.
<br />Section l~.- Each Trustea Bh~ll 09 entitl~d to 81.50 for his
<br />att~njRnoe at ~ny meetinG of th7 Board. When any o~~cial luty b~
<br />delegated by the Bo~rd of Trustees to a Committee or single Truatee,
<br />the mp.mb~r of Buch COIDl!litteA or Edn[:lp. Trus-tee shall b'3 entitled. to
<br />ouch Epecial cor.;prynso.tion as th~ Bo.qrd of TrufJteeo shall c.'J3igne.te
<br />for such epecial Bervi~e.
<br />Th~ Secretary) for hie sp-rvicea,ehall r9celvs ouch co~renBa-
<br />tiQn as mi'iY be p..g!'e~d u}:on by'the Board o-P Trustgec.
<br />The Tre?13llrel'..fQr hie E:lervices,shall recei_"p' DC'> cf)mr:ensation..
<br />The Ditch Sup(~rint~niant,whe"C in actilftl jiEOh~l'i;e of his du-~
<br />ties of EJ1..;.p~!'i.nt~ndi.ng the eanal,8halJ. T~~oAi.ve Hueh compp.neation QS
<br />mRY be agre"'j, u!"'on by the Heari of Truetee<>,'.'fhicl1 f,Ii.all include hi!::>
<br />expensea in performing hia ~]tiee.
<br />Oection 16. - The r~cr~t~ry el1:]11 give &uch bon(~G to the Com-
<br />pany ae the Fo~rd of 'l'rustees may r::~uire,cond.i tioned upon the fai th-
<br />f'..ll dischrlre;e of hi,~ duties ::lnd fot' J3.ccounting.
<br />Section 1? - The Tr~J'laurer uhall give ouch bond. to tb,~ Com-
<br />pany as the Board of Trustees m':lY require,cenditicr.cj. upon the faith-
<br />ful :UschRrge of hi;; 'iuties and for accounttng.
<br />
<br />CAl'l'l'AL STOCK.
<br />Section 18. - The Ci'lpital Rtc(:~ of the COJ"';pr'\lq,at !)(:lr v?1.lue,
<br />tf> and ~hall b~ 11!dted to ~;&::500.00 ,divij'~1 into fifty sharp-s ef
<br />Fifty Doll!lrs p.'ioh,th~ same Ah'J.ll be- :~v~.~_'moed by aertifie~tes of
<br />Stoel<,
<br />C},I-ITIF'IijATT~8 OF ~'l)OCK fi.J1D '!'Rt.NSFER.
<br />SectiQn I? - Each Certificate of Stock shell te i8~U~d as
<br />ft8id up Stock, be si~ned by the T'ri.:f;\'.tent anrl 8ecrf'~3.ry under the Cor-
<br />porate Seal,9hall exp:!'ess on its f~icp. its nutlosr,its rl~-';'3' of :.'-:<?ue-
<br />ance, C!.P..:i. nt~rJb-:;r of Hhar~A for whioh anrl thl3 pe!'sC'>n or p"rJ:,ont to
<br />whom it iE iGs~ed.
<br />8tuh~ 0f Buch C~rtificRte8 shall be ret~in"d by the 8~cretary
<br />5howing fully the game :::".J.ta an appearEi Oil the Certific!'lte ita~lf.
<br />Any Stoc~h~ld~r receiving ~ Ce!'tificate shell ~ither in per-
<br />son or b~ ~uthorize1 Aeent,reueipt thAr~for OD the Gertificata stub.
<br />Section EO. - Certificates of S70ck may be tr"nuf~rred by
<br />the hold~r thereof, in p~reon o!' by d11ly authori7.sd At:orriey,or ir. dV-
<br />ent of his death)hy lae~l re~r '6~ntative. 1r8nsfers in the firct
<br />in:lt3.nce,ehall bl'l by ~mdoreement on th~ Ce.rti..ficate,',v~th authority
<br />tc c:!ncAl the C~rtificRte and to re-isAue neW C0rtificate or Certi-
<br />fi:,~--f;e8 to th.~ neVI own~r or ov.!., -~,3. No transfer t>n'it",rf:Ad ('In any
<br />Uc=iificate eh:ll1 be v~lid)excer~ ae bstwfcn th~ pRrti~s ther~to;
<br />until th~ same shall have been noted in U::e prorer form on the books
<br />of the Gampany. In r;Q,:,'3 of' a :rA..ncfer,tL.~ olli C. J'~ificf<.te t3hall
<br />be car-celled before :.i n~N C~rtifii..:ate or Cf~rtificateEl ill lieu thdre-
<br />of sLul1 be iSBued,provided,that upon satigfactory proof of lO~8 of
<br />an old Certificate 'lr..d !'iling of indenlnity band,a nt~'N CertificHte may
<br />be issued. without !".'Trn::t.l c"nct'~l~.tion of the 01'_:. In 8u~h C,lse the
<br />evi'J.""nce of 10B8 01' '1"38tru~tion r.:f th~ old C'?rtificate a.n,i af"\r.rov8~
<br />.)f i~denmi ty bond must b"3 hn.d hy action of tho. Bonrd of 'I'ru!")tees bf:-
<br />fore iS811anCA 07: " .:1~',V Certificate.
<br />Section 21. - No trRnefer o~ any Stock or Uertiftcate of
<br />Stock on the; books of ttn Company, shall b..} r"cn,:;r.i::ed e.!."!:tcr a6 an 1__
<br />abEol11~~ tranBfA~ or for collateral aecurity,until all aos~98rnanto
<br />
<br />~:md C:11'3\1 th~r~on shBll have h"}',m paid.
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