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<br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />time to each shareholder who has not paid the said <br />assessment. This second notice shall state the amount due <br />and in addition thereto shall state that, if the assessment <br />is nCl't paid within thirty days from the date of said second <br />notice~ the said stoc~" so delinquent, may be declared <br />forfeited by the Board of ~irectors, and sold for the purpc1se <br />of paying the said asseSSmeJlt, expenses of said sale <br />including reasonable attorneys fees. <br />This said second notice shall be either delivered to the <br />stockholder so delinquent, in person, or shall be duly mailed <br />by depositing said notice in the United States mail, postage <br />prepaid, properly addressed to the said stockholder at his <br />address as recorded on the books of the Company, at least <br />thirty days prior to the time ~hen such forfei~uYe is to take <br />effect, as prescribGd in said notice. <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />Section 8. In case it shall be known to the Secretary <br />th':it any ()thC!r person, ot:ht2r tllall tht~ stQckholdc!!y 1'1im~3el f, is <br />in any way interested in any shares of stock so delinquent in <br />Inaking payment of said assessment as aforesaid, the Secretary <br />shall send a like notice to suGh other person, other than the <br />stockllolder, WllO may be intsr80ted in said shares of stock, <br />but the said Secretayy shall not be required to give such <br />other per$on other tllan the stocJ~holder, any notice except <br />the last notice herein provided for. <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />SC2ction ':J. If, in Y'i:.'7:sponsf:? to this second notic(:?, '1::1'112 <br />assessment so levied upon said stock shall not be paid within <br />thirty days of giving or mailing of said second notice, then <br />the said $tock may be declared forfeited by the Board of <br />Directors of said Company, and as soon as the Board of <br />Directors shall have declayed ~ forfeiture of said 0tock, as <br />aforesaid, the Secretary shall at once proceed to advertise <br />the said stock, so forfeited, for sale for the purpose of <br />paying the amount due the Cornp~ny on account of said <br />assessment, and .the expense inGident to making the sale <br />illcluding reasollable attorneys fess. This said sale shall be <br />marJE' not onl'y fOl" thE? i:;\s:.~:~.(-?:;\s~-;;.mel"1t so in ~\rf'f.::"arE, but foy" i:d 1 <br />subsequent assessments being due and payable at commencemeflt <br />of adver.tising, notwithstanding the five months time herein <br />provided as to the first of said assessments may 111~t 112ve <br />elapsed for the subsequent one~J and shall also include any <br />i::lnd ,~\ll l:h':''I.y~t(~.?~~:;, int~?Y(~st and penal t if?,:; and account~:; ,.;:t~lain~:;t <br />said stoc~~holdeY for headgates and appliances for the <br />measurement and diversion of water, therefore cllarged agaiJlst <br />t~le said stockholder and remaining unpaid~ as well as all of <br />the costs of conducting said sale and making tIle <br />advertisement ther80fu <br />The advertisement of said sale s~lall be published in one <br />of th{~ nf?l,.j!;;papf:.~'i"'~:. at t=hc.? t imE-? publ is"~h(:?d in "\;1-r(O' County of LEt <br />Plata or Archuleta and State of Colorado, and may be held at <br />such place in said La Plata or Arclluleta County as the <br />Secretary may select and designate as the place of sale :~n <br />s.:::iid notir':(::~u GElid ,.::i.dvf:.,.(t:i.:~:,(-:?m~?nt: shall ~:;:.t";:..t('2 thc~ 1"'1'::'7'.1]1(:'::' of l~!'ic.? <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br />