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C153607L Bylaws and Adendums
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C153607L Bylaws and Adendums
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Last modified
1/30/2014 2:33:46 PM
Creation date
10/6/2006 12:00:21 AM
Metadata
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Template:
Loan Projects
Contract/PO #
C153607L
Contractor Name
Trinchera Irrigation Company
Contract Type
Loan
Water District
35
County
Costilla
Bill Number
SB 92-87
Loan Projects - Doc Type
Contract Documents
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<br />publishsd in Costill~ county, Colorado, Or if no newspaper be <br /> <br /> <br />published in said county, then in some n~lspaper of general, <br /> <br /> <br />cirbulation in an adjsoent or adjoining county (said, notic'e to <br /> <br /> <br />be publiShsd in tuo consecutive weekly issues of said news- <br /> <br /> <br />paper) ;,that, 01'1 the day mentioned in eaid published notice, <br /> <br /> <br />said shares of stock of such delinquent stockholder will be <br /> <br /> <br />sold at publio Saleto.the highest bidder for cash ,at the office <br /> <br /> <br />of the company, or at such other place as shall be designated <br /> <br /> <br />in :such notice, for the purpose of satisfying said Msessments <br /> <br /> <br />or ,installments thereof, to~ether with interest and costs of <br /> <br />sale, <br /> <br />At said time and plaoe so specified in said notice the <br /> <br /> <br />secretary Shall offer for sale 'and shall sell the same for the <br /> <br /> <br />highest and best cash price obtainable, in no event less than <br /> <br /> <br />the amount of said assessments ~r assessment, or installment or, <br /> <br /> <br />installments thereof; with interest and costs of sale; and the <br />, <br /> <br />proceeds of suoh sale over 'end above the '~Uni due on said <br /> <br /> <br />shsres, , includlng interest end all costs and expenses of making <br /> <br /> <br />such sale shall be ,paid ~o the delinquent stockholder.' A new <br /> <br /> <br />certificate or certificates shall be delivered to the purchaser, <br /> <br /> <br />and the certific~teof the delinquent stockholder sh~ll be can- <br /> <br /> <br />celled on the books of the company. If the outstanding certi- <br /> <br /> <br />cate or certificates of stook of the delinquent stockholder so <br /> <br /> <br />forfei ted or ,Bold be not surrendered, the seoretary shall mark <br /> <br /> <br />on the stub thereof, "Cancelled,," recitini! thereon the fact of <br /> <br /> <br />such forfeiture and sale, end, the issuance and number or numbers <br /> <br /> <br />of such n'eW certifioate' or oertifioates. <br /> <br /> <br />Seotion 7--Additional Remedies--All remedies herein <br /> <br /> <br />provided for the' oolleotion,of delipquent assessments upon shares <br /> <br /> <br />of stock of this oompany shall be oumulative. 'The exercise of <br /> <br />-1,3-, , <br />
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