2015-01-16_PERMIT FILE - M2015001

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1 -10- Because of actions taken by the Stockholders to Amend the Articles of Incorporation to increase the number of shares authorized in order to issue shares of stock for the 25 c.f.s. additional water adjudicated to the company under the 1966 Decree in the District Court of La Plata County, Colorado, bearing a Priority Date of April 18, 1949, the Secretary is authorized to issue to the persons named in Section 3. additional shares of stock which shall be Class D stock and shall be issued on the . basis of .80645 shares of Class D for each share held by Share- holders of stock in Classes A, B and C as well as those owning shares of water for which stock has not been issued. The pre- sent shareholders and owners of shares of water in the company and the number of shares of Class I) stock to which each is en- titled is as follows: Allotments 182, 183, 184, 185, 186, 187, and 188 340 shares CRAIG, L. 235 shares BONDS, R. , JR. 404 shares \BEMENDERFER, J. 169 shares \PORTER, KIRK 97 shares 'RHODES, EDITH 169 shares ,.BONDS, HARRY 129 shares ',RHODES, CHAS. 8 shares • -UPCHURCH, D. 40 shares YEAGER, B. 48 shares -JOHNSON, CARL 40 shares -SUTTON, D. 32 shares KAISER, 24 shares MONTGOMERY, M. 24 shares BROWN, G. 8 shares FLORA, F. (Escrow to Lucille Hammond) 4 shares SHORT, N. 165 shares ROWE, L. 64 shares 2000 Section 4. The shares of stock shall be transferable only upon the books of the company. The stock certificates shall be surrendered properly endorsed. No stock may be transferred if there be any unpaid assessments or other amounts due to the com- pany. A transfer fee of $5.00 will be charged. Section 5. The company shall have a lien on all of the shares of stock held by any stockholder to secure payment of any and all assessments levied on said shares of stock together with interest and any costs of collection of said assessments. This