Arizona republican., 1903-01-22

of such special assessment or assessments and sign petition to the Board of Gov ernors that the be levied the share holders in this Association owning lands in said Division, and specifying the amount of said proposed assessment and the purpose for which it should be levied, and said Board of Water Commis- sioners should recommend it in writing, endorsed on said petition 1t shall be the duty of the Board of Governors levy said special assessment on all the shareholders in this Association owning lands in said Canal Division esf'a
 Sec. s. When SO levied the said assessment may when collected be disbursed by the Board of Water Commissioners of said Canal Division for the purpose specified in its levy and shall be paid out by the Treasurer on warrants drawn him by the said Board of Water Commissioners; prOrided, however that nothing in this article shall limit abrdge the right of the Association to make levy and collect assessments, elsewhere in these articles provided
 ARTICLE X.
 Section l. President and Vice President of the Association shall be elected at the annual election to be held the first Tuesday of April, 1904 and every years thereafter and shall for two years from and after the first Monday of May following their election and until their successors are elected and qualified. Until the election of Presi- dent and Vice President, as above provided B. A. Fowler shall be the President, and E. w. Wilbur shall be the Vice e-Presdent of this Association.
 Sec g. A Treasurer and a Secretary of the Association shall be appointed by the Board of Gov at its first regular meeting in each year, and
 
 successors have been appointed and have qualified.
 Sec ,. The Treasurer and Secretary shall give such bond as may be prescribed by the bylaws; prorided, that no members of the Board of Cover nors, or the Secretary, shall be accepted surety on the bond of the Treasurer.
 Sec 4. The President Vice President Treas urer and Secretary shall perform such duties as prescribed by these Articles and by the bylaws, wherein such bylaws shall not be inconsistent with law or with these Articles, and shall receive such &I,o compensation shall be neither increased nor dinin- ished during their respective terms of office.
 Sec. 5 In case of the absence illness, in- ability of the President to act from cause in of vacancy in that office the Vice President shall act in the place and stead of the President In the event of vacancy in the offices of both the Pres dent and Vice-President, the Council shall call special election to fill the unexpired terms for both offices: prODided however, that such vacancies, if occurring within sixty days before the annual election. shall be filled by appointment by the Council
 Sec. 6. The President shall be the chief execu- tive officer of the Association and shall have general supervision over all other officers of the Association in the performance of their duties such and of the conduct of the business and affairs of the Associa- ton. He shall preside at all meetings of the Board of Governors and shall be ex-ofcio member of that Board: and perform such other duties as may be devolved upon him by the bylaws
 Sec. z All certificates other evidences of the ownership of shares Of stock in the Association issued by the Association shall be signed by the President and Secretary of the Association and shall have the seal of the Association affixed thereto
 Sec. s. All contracts and instruments in writ ing executed for, behalf of the Association shall be executed in the name of the Association by the President and Secretary and shall have the seal of the Association affixed thereto
 Sec. 9. The Treasurer shall receive and be the custodian of all the moneys and other funds of the Association. No moneys shall be paid out by the Treasurer unless upon warrants drawn on him by the President and Secretary except as provided in Article TX, Section s of these Articles No war rants shall be drawn on the Treasurer by the President and Secretary except upon the order of the Board of Governors, recorded in the minutes of the Board, and in a warrant record to be kept by the Secretary.
 Sec. 10. The Treasurer shall keep full, com pete and accurate account of all moneys of the As socation received and dsbursed by him. in books belonging to the Association, and shall present a report and account thereof for the last preceding month to the Board of Governors at every regular monthly meeting of said Board and shal at the expiration of each quarter, prepare and publish in such manner as the bylaws may prescribe, quar- terly statement to shareholders showing all such receipts and disbursements during the last preceding quarter and the Treasurer shall perform such other duties as may be devolved upon him by the bylaws.
 Sec. IT. The Secretary shall act as the Clerk of the Board of Governors, and keep a record of all their proceedings. He shall be the custodian of the seal of the Association and of all its books papers and records. He shall immediately upon their adop-