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<br />-EaCh share of stock 1spued shall be subject to an
<br />annual pro rataasaessment for the maintenance and operating
<br />e~enses of theiOompnny's'oanal and the e~enses of extendSne.
<br />" ,enlarg!T\g and~lIIProvtng the canal, conetru.cting reeervoirs..
<br />. Jiurchae1 hg property, and, other debts of the compB.l11~ tn aD
<br />amount 10.0' bedeter'ldned at the regular annual meeUng of the'
<br />",BtClckholderso,t at a. special meeU:og called for thB~ purpos',i
<br />, . 'aDl1,~iD"JorH:y,of the etoo~old.rs shall have pow.r at a
<br />. ,,'~ci'~Fme.ting oalled ,for that purpose to levy s.ny speoial
<br />,'aHeIlClIllent rendered neoesea17 to meet unforseen contSn/liend.",
<br />in~I"erat1ng and' other e;KPerieell of the canal or otibs Company.
<br />'.rhe'stockholders may fi:r. the date of payment o! replar or .
<br />speoial aesessmente, or authorjze the director~ to fix ~ch
<br />. date"or dates, and when eaid date or dates have been 80 fixed,
<br />not'oe tbereot1n wr1tjpg shall be given by the Secretn17 of
<br />the Company to the holders of eh~res of stock jn the Company,
<br />whjch not1oe shall be served upon each stoc~lolder in person
<br />or by mailSng said notice to the last known poatoff1ce addres8
<br />
<br />~;l~~:e~io~~~;~~r ci.a~~d a;~;~ ~~~~ ~:m~~t :u:a;~s~: B:~~t~ecc:ne2:'i~~}~(,1
<br />
<br />shall ha.ve been given by the Secretary in manner as aforesaid, .', .
<br />and sdd assessments' shall draW jnterellt at the rate of eight . "'Kii,:'i;';\
<br />: '~..:"
<br />percent per annum a.t the expIrnt10n of fj ftep-n days from the ..'
<br />date of the nuthorI zatj,on as to time of p~'l11ent or deU nquencf _. ..:
<br />: the d1 rectors may fix the dates. ' :. ~?;",tJ
<br />. I i '.'i'\"'~,~~.;;
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<br />, '. No stookholder who shall becoJlls in arrears 1n the .:'-:,,";'1
<br />payment of any regular ior spec1a.l assessment or ot any other.
<br />
<br />~~:r:: ~; ~~~;~~1 ~i~a!i~y r~:~r~~e a~~ ~~~e;~ ~:m c~~e.:~~~1:i~iJ~~;t'i
<br />
<br />or to a vote in any regular or specj a.l stockholders' JrIeeUng .,\. ,
<br />l,fj'i"",t untU all such arreara,ges have been paid S n full. '.J\;;\'<
<br />~~__........__ .~ ._m""'~""'" ," 'j,' ,.:'::.' ',..:,. '" :"~.";'$-"". '1"< "'," ''''':.;'''t.~!,_:,..,
<br />J"kAt.+'>',.,,':.th."e.'.. All,l!;I,temlUgates on the"'Une 'of the o'anal'and for "~;;'~.:
<br />uee of theistockholdere shall be put in by' the Company.,.!';~8!i!C!,~
<br />l' '.' but at the expense of the stockholder or stookholders using th8"",?,~:;!~\"1
<br />: sQ,ll'le. and all ,wch gates shall be under the abeolute control of.'
<br />'the Board of. Direotorllr \, .;
<br />
<br />.' .... , I .' '. '0 . .
<br />'.rheoost of !'Iueh ga.tea, and the ;l.ostaJ.;1.aUon. Jll~l1'" ;'~:(.
<br />tenance, repair and substHut10n thereof, shall be assessed;1l,',,:(':H/"
<br />the Board of Directorlll aga~nst the stockholder .01' etockholder.:ti:',~.,
<br />for whose benefH the same respect1vely are lIlaintained. a.nd, ;::'i}:<
<br />aga' net the stook held I by thelll , n the CO!llpany, and these e.s.ee~;~ ..'....
<br />JlIents wall be enforced anc. collected the same as other a..ee~8t'?Sr.~;:;; ;
<br />Illents levied bfthe stookholders of the Company a%e'l:ll{orctl~;.-:;::jW(}t~;;,~;,
<br />and co llellted._., . .80. to? for a.rrearage. sin thell.ffIII., , eJ.it of'su~,i;';S,;:;
<br />expenees, the;\ltockholders in default.,Ilha.;1.l be <<.y.r$veti of ,,:/,,: ,,.
<br />wa.ter and of the rj ght~ to vote in the:fi~~se of ather e.l!seBllIIlents""~;i;\i[~
<br />. I '_ ,,'.~~-f,j<. - . .:.'~~tY;~bt
<br />.' Any person who Bhall'o,pen any g(1te or la.teral box..",,*,':,,;'l.Uin~
<br />.":'~,5:'<",':j.~:~t the ba.nko! the canal for the purpose of taking out Dlo.re .; j,
<br />"'water tha.n he i I! entjtiled to, or whe; Mall j nterfere wHh the':'
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