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<br />ARTICLE IX <br />RUNNING CHARGES <br /> <br />The board of directors may annually, by resolution, fix a charge upon each share <br />of stock in such an amount as will be necessary to pay the running expenses of the ditch <br />for the year, and any other claims against the company not otherwise provided for. Such <br />charge when so fixed by the board, shall be paid in the manner, and within the time, as <br />designated in such resolution. Enforcement of such running charge shall be had in the <br />same manner as provided in Article VII. <br /> <br />ARTICLE X <br />COMPANY OPERATIONS <br /> <br />1. Distribution of Water. <br /> <br />The water impounded in the reservoir of the Kern Reservoir and Ditch Company, <br />with the exception offoreign water, shall be distributed pro rata to those stockholders who <br />are not delinquent in the payment of assessments. Each stockholder of the company shall <br />have the privilege of using storage space in the reservoir of the company not otherwise <br />filled with water, by impounding therein water pertaining to such stockholder's holding of <br />shares of stock in The New Cache La Poudre Irrigating Company or other supply, <br />provided, however, no stockholder shall use the reservoir of this company for such <br />impounding of said water to an extent greater than his pro rata interest in this company as <br />indicated by his holding of stock, at times when other stockholders desire to have similar <br />privilege. Such privilege on account of holding of stock in said other company or other <br />suppli'sh_all~~exe.r:cised onll' bl' stockholderstn thisG()mpany not delinquent in payment <br />of assessments. <br /> <br />The superintendent shall distribute the water impounded by the company oro rata <br />among its stockholders and in addition shall distribute water from stock in said other <br />companyor otnersource ot supply cif stockholders herein according to the respective rights <br />as aforesaid, and shall not distribute any water to stockholders delinquent in payment of <br />assessments. <br /> <br />2. Foreign Water. <br /> <br />This is water which is not owned by the Kern Reservoir and Ditch Company <br />stockholders, or is not part of the Clammer and Gregory agreement of 1905, or water <br />owned by the New Cache La Poudre Irrigation or Reservoir stockholders that are not <br />stockholders of the Kern Reservoir and Ditch Company. Foreign water can only be run if <br />there is capacity in the ditch and reservoir as determined by the superintendent. <br /> <br />F:IKFLIKERN. RESERVOIRIBYLAWS <br /> <br />12 <br />