PROJ00529

• Contract/PO #: C153785
• Contractor Name: Chipperfield Lane Ditch, Inc.
• Contract Type: Loan
• Water District: 39
• County: Garfield
• Bill Number: SPL
• Loan Projects - Doc Type: Feasibility Study

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D. Leqal Action.
election, maintain an
against any delinquent
~oregoing remedies and

The Board 0+ Directors may, at its
action to collect any assessments
stockholder in addition to any of the
any other remedy provided by law.

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E. Noti-Fic:ation D-f.[ ten HolcletMs. All pledgees Qt- persons
holding legal liens recorded with the ditch company on stock
uporl which assessments are delinquent shall be given notice
of the intended for+eiture or sale in the same manner as
notice is to be given under these by-laws to~he stockholder
in whose name such stock stands. The Company shall have no
obligation to give notice to a pledgee or lienholder who has
not recorded the existence 0+ the pledge or lien with the
company, whether or not said pledge or lien has been
recorded in the office of the Garfield County Clerk and
r;:eccwder.

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