PROJC00440

• Contract/PO #: C150034
• Contractor Name: Owl Creek Supply and Irrigation Company
• Contract Type: Loan
• Water District: 1
• County: Weld
• Bill Number: HB 00-1419
• Loan Projects - Doc Type: Feasibility Study

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RECORD OF PROCEEDINGS

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OWL CllJiliK SUPPLY & IRRIGATIOn COMPAJlY.
By-Laws.

Board of Dirflctors at any ragular or duly callad apecial meeting may

elect one of their number as President Vlho shall fill said office dur-

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ing the unexpired term for which his Pr.deceosor had been elected and

dllriL[ s11ch term Ita shall possess and e"ercise fill the powers -and funo-

tionH of President.

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Sec. 4. It shall be the duty of the Vioe-President in cast of the

sbsence cr disability of tl1e President to assume and disoharge 1111 the

duties of the President snd he i8 hereby clothed with the authority and

charted witll Lhe duties .md obligations to act in ths capacity of Presi-

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dent during suoh absenoe or disability.

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Art i c 1 e III .>'
The President.'

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Section 1. The President shall preside at all meetings of the Dir-

ectal's or Stockholders. H. shall sign, as President, all certificates

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of stock ,",d all contracts and other instru!!l~nts in writine which have

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been bl'proved by the Board of Direotors. He shall -..- all checks and

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warrBnt~u~on the treasurer. He shall have a deliberative end the cast-
ine; vote et all the O1e8ti1l"s of the stockholders or Direotors. He shlll

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c&ll speclb1 meetings of the Stockholders or Directors et his discretion

ne shlin supervise ell the officers anel employees of the Compal'Y, see

thut thair duties are proflerly elisch&rted. and report to the Board qf

Directors any negligenoe or'misconduot of any officer or employee.

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The \ Tr ee surer. .
Sec. 2. It 8h&11 be the dnt)' of the' Treaaurer to keep eafely lill
))Ioney" beloZlrrini! to tho Company, lilitl disburse tIle salr.e under the _ direc-

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ticn of the Board of Diraotors on wlirnmts siened by the 1?rellident and
.,-', Seoretary. At tho close of each fisoal year he shall submit- to the
Board of Dirsetors Il complete stbtement of his aocounts for the past

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r~br with the ~roper vouchers for their information, Bnd at such ather
tiIT;oS 8S the BOlirl: of Directors li:ey dmsif.nate or require. He shall
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lnake no peyrnnnt8 except on s check or warrant drawn by the Prs81dellt

anJ COllf11:oruifned by t~o Secretary. He Dha11 dlsoharte suoh other du-

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ties pol'taiJ,illE 1'-0 his oi'i'ie:e ti" shan be lorescribed by the Boerd of
Di!FJ~t.or13 .