The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-27
NOTICE.

Notice ls hereby given that a special
meeting Of the stockholders Of the Spring
Creek Irrigation company will be held on
the hour Of eleven ~ III a. m. at Holiday
ward house, Big Cottonwood precinct,
salt Lake county. state Of Utah. for the
purpose OF amending articles Nos Ill,
", VII, k. XIII. and XIV. 1t is pro-
posed TO amend said articles that said
articles shall read as follows. respec-
lively. TO wit:
ARTICLE III.
This corporation shall continue to ex-
LIST for a period of seventy five (T5) years
from date hereof, unless sooner dissolved
and disincorporated according TO law.
ARTICLE w.
The object. business and pursuit OF
this corporation is and shall continue to
be. TO own. use, control, manage, divert
and distribute all those certain waters
arising in and flowing into what Is COM
monty known Spring creek in Salt
Lake county, state of Utah, and also to
acquire by purchase. appropriation. de-
veopmenit ia,, or its otnerWiss other waters
and real and personal property Of every
kind and nature. to construct reservoirs
and other appliances for the preserva-
tion and acquisition OF said water, and
TO lay. construct, operate and maintain
a pipe line and water system for the
purpose Of distributing to the stockhod
ers of this corporation. and other per
sons and corporations. said waters for
domestic, culinary, irrigation and me-
chanical and other purposes under such
rules and regulations as this corpora
tion may determine.
It being the intention OF this corpora
ton TO carry on. maintain and operate
a general water supply system, In all Its
phases and branches, and TO distribute
and deliver to such stockholders as de-
sire the same. and to other users thereof,
such waters at such prices, and to make
such charges for the same to all users
thereof, including stockholders, as the Of
nd ~ hold Inra Y1nu
termine.
ARTICLE VII
The capital stock of this corporation
dred Te {ss4. IS .5oo5 dollars % Givided into into three @
hundred and forty nine (549) shares, at
the par value OF one hundred (s10o) dol
lars per share, and the water. water
rights, pipe line. and other property Of
said corporation Is accepted and received
by this corporation In full payment Of
all the capital stock of this corporation.
ARTICLE TX.
To be eligible to the Offices Of director,
president, vice president. secretary or
treasurer, person must be the owner,
AS shown by the books OF the corpora
capital stock OF this corporation. pro-
vided that the water master need not
be a stockholder.
ARTICLE XIII.
Three OF the directors shall constitute
a quorum at all meetings of the board,
to transact the bust ness and exercise the
corporate powers Of the corporation. The
outstanding capital stock or this corpor-
alton Is assessable, and said board OF
directors shall have the power 10 levy
and collect assessments OF ten (10) per
cent OF the par value @ OF, OF said so stock every %
outstanding capital stock OF the corpora
tion. for raising funds for the purpose
OF acquiring property and CARRYING on the
business of this corporation. such assess
men!s to lee made in the manner pro-
vided by law. The directors shall not
have authority to borrow amounts aggre-
eating more than three thousand (s3000)
dollars at any one time without being
authorized by the stockholders. Said di-
rectors shall not have power to sell any
OF the water, rights OF this corporation.
(2-3) of the outstanding stock as shown
ARTICLE XIV,
All moneys received from the distribu-
tion OF said waters TO the stockholders
and other persons using said water and
from oil sources whatsoever, shall be
tho property OF said corporation and the
board bon Of directors may from time to time
pay TO the stockholders dividends. said
dividends to be paid upon the outstand-
Ing issued capital stock. as shown by
the books OF the corporation. In case
any stockhoider does not exercise his
right to the use OF any water during any
year he shall have no claim against the
tion uses such water upon the failure OF
such stockholder to use said water
In addition to considering the proposed
amendments to the articles OF incorpora-
tion. bylaws and regulations will be
presented for the acceptance and approv-
al OF the stockholders, and such other
and further business as may properly
come before the meeting,
This meeting Ia called by order Of Jo-
seph II. Brnton, president of the Spring
Creek Irrigation company and Oliver T.
Jensen secretary OF the Spring Creek
Irrigation company. pursuant to resolu-
tion Of board OF directors.
Dated this gard day Of July A D..
1912.
j. n, BRINTON.
President Spring Creek Irrigation Co.
OLIVER r JENSEN
Secretary Spring Creek Irrigation Co,
Date OF frat publication July rs. 1912.
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