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<br />ARTICLE X <br />_4.,'5S[S:l,'\.II<;XrS .\.'iD fORFEITURES <br /> <br />Se.:1.1011 I in !he .....'nl r.h.. '....""\.106 G[ th.. CompAA)' are ~ufli",.,...t 'II 1Ul)' time fO f>$)' ~1ll <br />COStS of Oper.\tlOll and n\llinl~ a.rld my debt r~l1remenl ?llyaler.ts or 111 ~es of financ1a! emergency <br />reqUlllng the levy of a 'pecial a$..~~menl. l.lte Boord of Directors mUSI eall .1 )plXla/ meeting of the <br />members to COIllHOO lhc queStion oflevymg ruclt .special asscsunffitll.5 may be req!.W:ed to nWe up Uw: <br /><!olin! or to meet me mle.rgen~y Iflhl:l'e aIC lrnu.l!iQenl members prek/Illa l;()IlSUtWe II qUnmm. or 1f the <br />member:; f3J] to levy an ldequafe assessment to bke c:lll' of ~>lCh deficit or emergency. then If shllD. be the <br />duty of~ Board OfOlUe!o~ 10 pto<:eed to 11l.v.e S;Jch levy and make the $Ollnc for the ptUposesrequucd. <br /> <br />::),,"lJon 2 Al.l db&o$llle1lls li.h.:ill be pl>Jd 111 .;"",h and .ill .weh a,~e'll1S Mall he dcullUlded In Q <br />gt:nenl c;Uj pro nlld upon .1.lI SMre$ of S!oc.k I.'i4Ucd or sub.<.crit>ed for The S~"m."lllry s.l:3.fl thereupon. U\ <br />IOIritlng or In pn..'t prinU:d, in pl'r.;on deposit in the p.Jst otf:c~, prvp"Ily Wr'~<.:led, '.vim p.JbUg: pte;:>ald, <br />cllri:Cted to tl1.lllbt known address of eaeh m~'l1b"r tho:: fullUWll"otj: nouee. <tS nClUJ}' as. In..} be U\ furm <br /> <br />~I' <br /> <br />~o <br /> <br />You:;re hereby noticed thaI an a.sse~mentofS__~__ ~~hlfC: of the year 19_ <br />has boxn leviclllnd called by the Board of l)u-e~"!o:5 of the Willcw H~ighLS rm.~n Company, n Colorado <br />~On.Pro.fi1 COl1lCl~C(>n,. upon all stock in Said Compc.ny. Your ~Sl'essmenl amoum .;rfS 15 <br />payable at ono;e. Under the By-Laws, the Company re:>..-rves t~e righl to ducOn!l.ecl your lap wunouJ <br />furthC'l' nOll~e if said .:tS5es:mJ~1 is not p!lld WlUwI rune!y day~ from thls d/lle fU1d 10 continue 'such rum-olf <br />unl1laU ofS-a.ld ~~merus have been plltd. and the Cowpuny mlly 11M a plmalty 01'_% per annum <br />U1tC're5f on uid lUlpaida.:culmt This IIlI~rel'l rille: l5 the COSt of money to the Company. <br /> <br />Seetlon) The.xcretary ,hall k~ a ,ecord of the llames of members t~ whom ~ notice as <br />m::m:ofl<:dm. Section 2 oftllis Artlcle is given and re\:ord oft.'le ttme and manr:.eof sctVlrlg: notll:e, and It <br />service IS t,ad by depositing notice in r..he poS!. office, the addre~s 10 wh;ch :he nence is ditet;ted shall be <br />!'!VeIl m such records <br /> <br />Sect1l'1l 4. I.n ndCition to lhe above and fOIegomg remedy, the Company.shall have t..'te nghl to <br />Ulm off the water and disconnect an~' member lItho is dclmquent in ILSseSSmell.!$ from all.d afteJ thll1y days <br />u..fl:er notice of suc..i. hSessmenl$ have been sem to s:Ud member who JS delinquenr.,. 8J'ld to contmU~ sueh <br />dl:iC(l~c!lon or turn-olf t:mil all of such as.s~me.rl~ have been fully paid and it s.h::ill he :he duty of llJe <br />Secr<:fary 10 c=rtlfy to the Board of Directors a written Ibt of lll1 ddi!Jque:u members each y= it1ld smd <br />Soard oflMecton s:1aIl Wlthl-.old1he ddiva'j of ....ar.erto $uch mc:mber or mernbcrs un~ such llSse6smrnfs <br />h.webecnfJl.!yplUd <br /> <br />ARTICLl: XII <br />RULES ,\;'>iO RFGU1XflO;o.os <br /> <br />Section I The Board ofDirCl;fo1'i'i may adopt Rules md Regulations lO.;onuoJ Llu 1.I.SJge oC wa~. <br />=tu.:ling lirnit:lllons on the tIme llfld type oiuse <br /> <br />s.:etloo 2. Wat<'f dclivered by the COffiJ;:u>,y:n.1Y boused. only for ll1ixationpUl'pO$es and ~l':a1lnol <br />trC<l[C-j nor ~e<i {OtuonJ<e$bc un. <br />