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<br />,"-,n. "",""," "~ ,""' """",L" ",.. <br /> <br /> <br /> <br />THmD. Tho oall'lt(ll otoe~ el this Company ohflll bo 2ifty-J:our <br /> <br /> <br />Th,)110,md Do!lttro (:;;64 ,uuu.). to bel,JiVided i)1to fjfty-l'our lmndrcd. <br /> <br /> <br />(Gi}uv) lllllll"OfJ of tho par Vuluo 01' fl~n j)ollu1"e (010.) eaoh, to ho i;J- <br /> <br /> <br />~nlOd 1;0 tllQ owners ot \'wtcr rjchto "1'11 tho t.lanvol Canal in t;i1O ~)T{)jlUr- <br /> <br />t10n whi()n tho U\tl'1bct' of wu.tcr rjr;hts 01' ouch OmlOr bnnTB to tile ur,t1ro <br /> <br />nllmbor of nutrltandinc r1e;hts, tho 'said stocK to be 1mlucd on I). ll[tsio of <br />. I <br />one n.nndred (luU) ahnree for each Ir:1eht to tho UDS of 0. maxi,mum 0.1" onc <br />I <br />oubjo i'oot 01' wO.ter 'per seoond o'fitime. as the Barno may 1)0 chureOo.bi.e <br /> <br />f.1-('/dnl3t tho na1d Qu.nnl and ita warl cr rights. <br /> <br />FOURT!.!. The Com"uny shuLL exist for tho term of twenty yel'ra <br />from rmd aftor itB inoorporation.' <br />I <br /> <br />~U'Tll. Tho !lourd of Diroot'Ol'" of B"id Com,ltLny "hull ['0 flve <br />I <br />(6J. nnd 1.he nlw\ca or thoee vlho uh:.tll mUnE.l.Go tile nffti1ra or tho Com- <br />iJuny for the firot YfJar of ita e;lifltcnoo find \11\1.;11 tho oJ.(Jo1;jon of <br />thoir ~ma0088orE1, arl) Murueno. J. ;MOl,1illin t Henry IAo,BelLr. ThoJlJUD H. <br />lJcvine. L.a. Howo uml B.ll. GereOJlo. <br /> <br />::;IXTlI. The prinoil,..l otrieo of tho CQmpuny BM.1J bo kopt in <br />I <br />the Town of Lamar. P:t:owora Conntv, COl.orado, .a:oc1. tho Couuty in vf1n en <br />tile prlJl01pul bua1noau of the COjlllluny will bo oarriod on is ElHid Coun- <br /> <br />ty of l'rDwaro. <br /> <br />SBV1;t~TH . <br /> <br />I <br />Tho ujrectoru ot the Coml!l.my 8hull hLlVO pow~r to n1t.i.]m <br /> <br />ouch llr'ldcnt1111 by-l/;\vs llD they illlUY deom proper for tho l:Jt..nf.~[';emont 01" <br />tllO ar1': ira or tho COInll/1UY, no Jal.! for "tll6 djEltrjbution ODd t.'-llot- <br />i <br />ment of wnter ll.ID\)ne tho fltookho.\dcre 00 otherwise-, !Ind tho bonru of <br />I <br />direotors 811{~.11 likcvlice huve power to contrllct inuobtoultOrH; o.no. isuuo <br /> <br />ovi donaoB t.horoof and Boeuritio~ tl1erefor. ao may to it Doom proper in <br /> <br />Qerry1JI('; on tll0 CO~ll!lny I 8 bun inOBfl. <br /> <br />III WITIIESS .,1lDmEOli' the above named ineori'OrntorB h(lve <br />, <br /> <br />; <br />I <br />/3 <br />I <br />