PROJ00358

• Contract/PO #: C153717
• Contractor Name: South Platte Ditch Company
• Contract Type: Loan
• Water District: 64
• County: Logan
• Bill Number: SPL
• Loan Projects - Doc Type: Feasibility Study

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board of directors may be taken without a meeting if a
consent in writing, setting forth the action so taken, shall
be signed by all of the directors entitled to vote with
respect to the proposed action either before or after the
taking of such action. Such consent may be executed in
counterparts and shall be effective as of the date of the
last signature thereon.
ARTICLE IV - Officers
1. Number and Election: The officers of the
company shall be a president, a vice president, a secretary
and a treasurer, who shall be elected by the board of
directors from among their number. Each officer shall be a
shareholder, except that in the discretion of the board of
directors, the secretary and the treasurer need not be
shareholders or directors. Any two or more offices may be
held by the same person, except the offices of president and
secretary. In addition, the president may appoint such
other subordinate officers as he shall deem necessary, who
shall hold their offices for such terms and shall exercise
such powers and perform such duties as shall be determined
from time to time by the president.
2. President: The president shall be the chief
executive officer of the company and shall preside at all
meetings of shareholders and of the board of directors,
Subject to the direction and control of the board of direc-