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PROJ00454
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Last modified
11/19/2009 11:17:47 AM
Creation date
10/5/2006 11:56:04 PM
Metadata
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Template:
Loan Projects
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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<br />I- <br />I <br />r <br />I <br />I <br />I <br />I <br /> <br />, <br />. . <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />;1 <br />I <br />I <br />I <br /> <br />ARTICLE IV. OFFICERS & 'EMPLOYEES <br /> <br />SECTION 1. NUMBER. The number of officers. shall be no <br />less than three. The officers of the corporation',shall be a <br />president, vice president, secretary and treasurer, each of <br />whom shall be elected by ~~e Board of Directors. The office of <br />treasurer may be combined with another office. In addition to the <br />officers, the corporation shall employ a superintendent. Such <br />other officers as may be deemed necessary may be elected or <br />appointed by the Board of Directors. <br /> <br />of the <br />annually <br />meeting. <br /> <br />SECTION 2. ELECTION AND TERM OF OFFICE. The officers <br />corporation shall be elected by the Board of Directors <br />at the Board of Directors meeting following the annual <br /> <br />. <br /> <br />SECTION 3. REMOVAL. Any officer or agent may be <br />removed by the Board of Directors whenever, in its judgment, the <br />best interests of the cor~oration will be served and such removal <br />shall not imply any contract rights to the person removed. <br />Election or apppointment of an officer or agent shall not create <br />contract rights. <br /> <br />SECTION 4. VAC.~~C!ES. <br />of "death, resignation, re~cval, <br />may be filled by apppoin~~ent by <br />u~expired portion of ~~e ts~. <br /> <br />A vacancy in any office because <br />disqualification or other~ise, <br />the Board of Directors for the <br /> <br />SECTIC~ S. ?RES:JE~T. The President shall be the <br />principal ,executi';e office of the corporation and, subject to the <br />control of the Board of Directors, shall in general supervise and <br />control all of the business and affairs of the corporation. He <br />shall, when present, preside at all meetings of the ~hareholders <br />and of the Board of Directors. He may sign, with the Secretary <br />or any other proper o==~cer of the corporation thereunto <br />authorized by the Board of Directors, certificates for shares of <br />the corporation, any deeds, mortgages, bonds, contracts, or <br />other instruments which the Board of Directors has authorized to <br />be' executed, except in cases where the signing and execution <br />thereof shall be expressly delegated by the Board of Directors or <br />by these By-Laws to some other office or agent of the <br />corporation, or shall be required by law to be o~herwise signed <br />or executed; and in general shall perform all duties incident to <br />the office of President and such other duties as may be <br />prescribed by the Board of Directors from time to time. <br /> <br />SECTION 6. VICE-?RESIDENT. In the absence of the <br />President or in event of his death, inability or refusal to act, <br />the Vice-President shall perform the duties of the President, <br />and when so acting, shall have all the powers of and be subject <br />to all the restrictions uoon the President. The Vice-President <br />;hall perform such othe= duties as from time to time may be <br />cssigned to him by the President or by the Board of ~irectors. <br /> <br />6 <br />
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