PROJ00454

• Contract/PO #: C153832
• Contractor Name: DeWeese-Dye Ditch and Reservoir Company
• Contract Type: Loan
• Water District: 12
• County: Custer
• Bill Number: HB 98-1189
• Loan Projects - Doc Type: Feasibility Study

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SECTION 8. PROXIES. At all meetings of shareholders, a
shareholder may vote in person or by proxy executed in writing by
shareholder or by his duly authorized attorney in fact. Such
proxy shall be filed with the secretary of the corporation before
or at the time of the meeting. No proxy shall be valid after
eleven months from the date of its execution, unless specifically
provided in the proxy.

entitled
submitted

SECTION 9. VOTING O~ SHARES. Each outstanding
to vote shall be entitled to vote upon each
to a vote at a meeting of shareholders.

share
matte);'

SECTION 10. VOTING OF SHARES BY CERTAIN HOLDERS.
Shares standing in the name of another corporation may be voted
by such officer, agent or proxy as the by-laws of such
corporation may prescribe or, in the absence of such provision,
as the board of directors of s~ch corporation may determine.

.

Shares held by an administrator, executor, guardian or
conservator may be voted by him, either in person or by proxy,
without a. transfer of such sha:>es into his name. Shares standing
in the n~~e of a trustee may b~ voted by him, either in person or
by proxy, but no trustee shall be entitled to vote shares held by
him without a transfer of such shares into his name.

A shareholder who,;e shares are
entitled to vote such shares until the
transferred into the name of the pledgee,
pledgee shall be entitled to vote the shares

pledged shall
shares hc.'le
and thereafter
so transferred.

be
been
the

Shares of its own stock belonging
shall not be voted, directly or indirectly,
shall not be counted in ~ determining the
outstanding shares at any given time.

to the
at any
total

corporation
meeting, and
number of

SECTION II. INFO~~ ACTION BY SHAREHOLDERS. Unless
otherwise provided by law, any action required to be taken at a
meeting of the shareholders, or any other action which may be
taken at a meeting of the shareholders, may be taken without a
meeting if a consent in writing, setting forth the action so
taken, shall be signed by 2/3 of the shareholders entitled to
vote with respect to the subject matter thereof.

notice
removed

SECTION 12. ~~OvAL OF DIRECTORS. Provided that
is properly provided the shareholders, directors may be
pursuant to statute at any meeting of shareholders.

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