PROJ00476

• Contract/PO #: C153594
• Contractor Name: Handy Ditch Company
• Contract Type: Loan
• Water District: 4
• County: Larimer
• Bill Number: HB 91-1006
• Loan Projects - Doc Type: Feasibility Study

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BYl.\\'IS

HANDY DrTCH COMPANY

An annual meeti ng of st.oc1,holders of the Handy D.i tch COllllxlny
shall be held on the first Saturday in February of each year in U\0
Town of Berthoud at a time and place designated by the Board 01'
Directors of the Company. Notice of this meeting and any other
meeting of stockholders will be by publication in a local newspaper
not more than thirty days and not less that ten days before the
meeting and by written notice mailed to each stockholder at his
address of record thirty days before the scheduled meetin~. TII8
notice will include the date, time and location of meeting w'j th-in
the Town Of Berthoud and the matter to be considered.

At every meeting of stockholders each stockholder will he 0n-
titled to as many voters as he has shares in the Company and the
valid proxies of other shareholders.

A majority of the outstanding shares represented in person or
by proxy shall be a quorum at any meeting of stockhold~rs. Tn th"
event that a quorum is not present at a scheculed meeting, t.ho:Je
shareholders present may adjorn the meeting to some other time.
Until a valid meeting of stockholders is held, the Board of Director"
will continue in office and are authorized to make such assessments
on the capital stock and other charges necessary for the operation
and maintenance of the Company.

Election of Directors shall be by cumulative voting. Each share-
holder may cast his votes for one nominee or more of his choice. The
nominees to the vacancies on the Board receiving the most votes shall
be declared elected.

Special meetings of the stockholders may be called by the Board
of Directors or by written request of thirty shareholders representing
at least 30% of the shares outstanding.

A meeting of stockholders shall be conducted accortHng t.o Robert's

Rules of Order. The order of business at all such meetings shall in-

clude, as far as possible, the following:

1. Appointment by the President of Credentials Committee
who sha~l determine the presence of a quorum by tallying
shares represented by person and by proxy.

2. Recitation of the Call of the Meeting.

3.

4.

Reading and disposal of any unapproved minutes.

Reports by the following:
a. President
b. Secretary-Treasurer
c.Superintendent

Levy of assessments and charg~s.

5.
6.

7.

Unfinished business.

New business as stated in Call.