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~. <br />N° 4988 <br />Incorpwai'ad under the Laws of the Sete of Coloreds <br />c~i~.e ~~a (~r~trtlrr C~~n~1 ~tf ~~ ~~~~~ .~1.~~.nr~t#frnt <br />16,(AO Shares Capital S+ock 53,000,000.00 <br />Shares Par Velse 5300.00 <br />This Certifies thst Kennv D._Srnith and Dana K. Smith _._ <br />s the owner of - ---~L~-.--.- ~heros of Three }bond«;;i Gollac each of the Capital Stock of THE RIO SRANDE <br />CANAL WATER USERS ASSOCIATION, transferable only on tfio books o l the corpora lien 6~y the holder hcroo{ fn person or by Attor- <br />ney upon surrender of this Certificate properly endorsed. <br />This Cortificate ontiP~es the holder io etal~utorr inches cf water in pn:~portior., as tLr ni~msr of .hares evidenced hereby bear <br />to the total runibcr of ;hares iswed b• the Cornparv~;, V•Jata~ deliverc+d 6y virtue of?hesc sh,~res shall !R hm~ied to use onb for irrigation <br />purp/ses as defined by the Amende~c,:~; Restated Articles e{ Incorporation acd shall be limiteo to use only upon the and described <br />on the opFasite side of this Ceitiflcate. The natur:, cr plo.e ai use of such ,vt,i_r may not br• chanqud. <br />V/iffi the prior written approval of the Board of L`irooiors of the Cotnpan;', 'crater dclrrered by virtue cf these shares may iernpor- <br />arily be delivered for use upa~ lands described On Exhibit A io tho A,T,.ar~ded and Res:aied Article; cf lncvrporation ~~f the Company, <br />other than those described hereon. Sack written apsoval shall be granted fora period of one year, and rr:ay, upon proper application, <br />be annually renewed for sueeeed'mg periods of one year. <br />If the lance described hereon k subdivided, then the :harts of stock and xatar rights represented l,y this Certificate shall be ap• <br />portioned among the subdivided parcels as >peeified in the Amendod and Restated Articles of lneorporaiion o~the Company. <br />This Cer+ificaia, the shares of stock ano' xater rights represented :~creby, and the land c=scribed hereon, are wbjee} +o the terms <br />contained in fhs Amendod and Roststed Articles of Incorporation, ~nd+~ha oylaws of the Company. <br />IN WITNESS WHEF,EQF, the sets' Company ha: caused hf1%r,'~,6fYi~eaia ;-i< signed 6y its duly aufhorizc-d officers end to be seated <br />'r~ <br />•', ' , <br />y.;+h the seal of the Company this __.~~~~ day 61 __~__~.~.p.;,'l.~T~.___~.__ A. D. 19 ~ <br />~?~ r~i' <br />,___~ ~ . <br />,, <br />~L~._ <br />A95i9TANT SEC R1=fAgK% ~ ' pCBIOENT <br />' ` , <br /> <br />