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" .' -3- Slction 4: The trfs8urer .h.ll act 88 financial agent for the company for the receint and dt.trlbutlon of che:fund. and .h.ll disburse the same under the direction of the board ot di~.ctor. aad shall Sive receipts for all money. or other effect. comin~ tnto his hands and fil. . duplicate th~reof with the secretary. The deposit account shall be kept in the name of the company 8ad:the trea.urer aiRn all Ch4Cks drawn by the company and 8ee that the book, ot account are kept in proper form and according to law and upon the discovery ot any d.ltQq~cy in the .cco~nt8 of ,ny of the officers or employees of the comnany he shall re- port the aame in writing to the president or in his absence report the same to the vice- presideat. Section': He. shall pay all vouchers whi'ch shall have received' the a"proval of the board of d1re(:core or of; any person duly authorized by them and he shall pay no VOUChC.T, account or orders which ~ave not received such approval. Section 6: He .hall file and preserve all vouchers, bills, orders and accounts paid . by him and furnish from ~ime to time as'~y be required by the board of directors a detail- ed .t.tement 1n writing ,nd of the receipt. and expenditures of the company and the balance on hand .t the date of eqcn statement and his books and accounts shall be kept at all times open to the board for inspection, or any committee thereof. Section 7: The boa~d of director. may in its discretion require the treasurer to ex.cute a aood and 8ufficl~nt bond to the company in 8uch amount as the board shall direct for the faithful perfo~nce of his duties 88 treasurer pursuant to the by-laws, orders and discretion of the board of directors. Section 8: At the ekpirat10n of his term of office 'he shall turn over to his success- or .11 money., and effects in his hands belonging to the company making a full detailed .t.te~nt end report of the same. ARTICLE IV CORPORATE STOCK. Section 1: (aa amended 12/4/61) Each stockholder of the company shall receive a cert- ificate or certificates for the number of shares of corporate stock to which he may be en- titled. All certificates shall be signed by the president and the secretary or assi8ta~ secretary, or, in the absdnce or in8bl~ity of ~he president, b, the vice-president and the secretary or 8ssistant-searetary under the corporate seal of the company ~,d shall be num- bered and registered In the order In vhich they are issued. Section 2: (as amendeft 12/4/61) Each holder of corporate stock shall.be entitled to receive from the company'i canal, water for domestic and irrigation ournose~ 1n the follow- ing amount: The proportlo~ of the total water available to nnd deliverable by the company under the priorities of thb company (or purchased or otherwise obtained by the company) which each .tockholder', shares of stock bears to the total number of shares of stock issued and out.tand1ng. Each stockholder desirin to chanp,e the place to which any water he may b. entitled .hall be deliv red shall make written re uest therefor to the directors. I, In the opinion of the dire~tors, such tran.fer may be Made without injury to the cana , the c~any or other atockholders_ such water Ihall be then delivered to such place or places 8. requested. Provided that in such case all other stockholders who are entitled to delivery of vater at either the place from or'to which delivery .is chan~ed shall be notified 10 writing of such change. ~ Se~t1oQ 3: No new certificate shall be issued in case one 1s stated to be lost exccrt on receiving a .atisfactor1 boad of indemnity against such lost certificate and then only by order of the board of d~rectors atter proper legal evidence under oath of such lost cert- ificate. The bond herein provided for .to be satisfactory to the board of directors and by .aid board approved at a regular or special meeting. .~,il ""'~'