The Delta independent., 1903-05-15

the number of acres so esti-
mated to be capable of irriga-
ton, then no subscription for
more shares shall be taken. II
the number SO subscribed for.
however. shall then exceed the
estimated number of acres so
capable of irrigation, tnen there
shall be allotted 10 said sub.
scribers that number of shares
equal TO the estimated lumber
of acres capable of irrigation.
In such allotment. cultivated
lands shall have the preference,
aud any excess in the number OF
shares subscribed for over the
number SO allotted, shall be
cancelled. and thereafter shall
not be issued.
Sec. IA. In exercising the
right OF preference 70 the allot-
ment of shares, provided for in
lhe foregoing section. the by
laws may prescribe reasonable
times within which such prefer.
ence shall ne declared and the
manner thereof
ARTICLE VI.
Sec. /. The exercise Of the
corporate powers OF this associ.
alton and the management OF its
affairs shall be vested in eleven
directors, from whom the officers
shall be chosen.
A president, vice-president,
treasurer. secretary, and such
other officers. agents and en-
ployes as shall o, may ue, frou
time to time. created and estab
lished by. the bylaws. shall ot
elected by the board of directors
Sec. 2 The annual election
of the board OF directors, and o.
the other officers, for whose elec
ton these articles provide. shal
be held ou the first Tuesday o
February in each year in sucl
manner as the by laws may pro
vide.
Sec 3. Each director shall a
the time of his election be tn,
owner OF lands situated within
The district for which he i.
elected to which shares of stocl
of This association are appurten
ant. and shall also be a resideh
of the district, and if he should
i during his term of Office. ceas,
10 be such owner. or residen
of such district. his office shal
thereupon, and by reason there
of. become vacant.
Sec. 4. Until the election o
the board of directors at the an
nual election in 1904. and unit
their qualification. the director
shall consist of The followin;
named persons. that is to say:
John q. Bell, George S. Conk
lin. A H. S,oc. ham. F ID. Cat
lin. w. o. Stephens, J. II. HALEY
J F. Kyle, Frank DonIavy, u
S. Roaicap. L. E. Ross and q
III KEN.
Sec. 5. Regular and specia
meetings ot the directors may b,
called aud held in such manne
and at such times. and suci
places, and under such provi
slons as may be prescribed b,
the bylaws.
Sec. 6. The board OF direc
tors shall have power to enac
and adopt, and provide for thu
enforcement thereof. by laws 70
the government OF the member,
OF this association and the man
agement of its business, and Ii,
conduct of its affairs. and TO re
peal. modify and amend tn,
same from time To time. Blu
the board OF directors shall moi
have power to adopt or TO en-
force any, bylaws that in any
wise tohffict with any rUie ol
regulation Established by tn,
secretary OF the interior or other
agency OF the government fol
ihe administration of water from
any reservoir, or other work.
acquired or constructed by tht
national government, pr in the acquisi
tion or construction OF which il shal
nave aided and which may he used fol
supplying water to the lands Of tn,
shareholders Of this associat on.
Stc. No bylaws shall be passed oI
enforced which shall interfere with ol
feet any present existing vested righ
OF any nienfber oi this association to
the use OF water for irrigation.
SIC. 6-All bylaws shall be OF genera
application SO tar M general laws can b,
made TO apply.
SIC. 9--If q member OF the board oil
directors, at any time during his term-o
office, should cease to have auy OF the
Qualifications prescribed for that Office
such Office shall tberenpon become
vacant aud in the event of n VACANCY
from that cause, or by reason OF the
death, removal from the district. or
resignatioD Of any n.mber OF said boa rd
Of directors, tbs vacancy shall be filled
by the board of directors.
SEc. lO-The memb mbers OF the board oi
directors shall receive such compeusa
tioD as shall be prescribed by bylaws.
SEC. l1-fhe board OF directors shall
have the administration OF the corporate
affairs and business Of the Association
and shall manage and conduct the same
subject to all the provisions of these
articles and OF the bylaws.
r.