The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-11
NOTICE.

Notice is hereby given that a special
meeting OF the stockholders Of the Spring
Creek Irrigation company will be held on
the l7th day. OF August. A. D. 1912. at
ward house. Big Cottonwood precinct.
Salt Lake county. state of Utah. for tho
Pvrp9se Of amending articles Nos. Ill.
posed to amend said articles so that said
articles shall read as follows. raspse.
lively. to wit:
ARTICLE III.
This corporation shall continue TO ex-
list for a period Of seventy-fve (75) years
from date hereof. unless sooner dissolved
and disincorporated. according to Law.
ARTICLE ".
The object, business and pursuit Of
this corporation Is and shall continue 10
be- to own. use, control. manage. divert.
and distribute all those certain waters
arising In and flowing into what 10 com.
Lake county, state Of Utah. and also to
acquire by purchase, appropriation. de-
velopment vel p e,, or otherwise other waters
water rights, rights Of way, franchises,
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 stockhold-
sons and corporations. said waters for
domestic. culinary. irrigation and me-
chanical and other purposes under such
rules and regulations az this corpora
1t being the Intention OF this corpora
tion 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
thereof, including stockholders. as the Of
fcers and stockholders hereof may de-
termlne.
ARTICLE VII
The capital stock Of this corporation
shall be thirty.four thousand nine hum
dred (s34.900) dollars. divided into three
hundred and forty-nine (349) shares. at
the par value OF one hundred (sloo) dol
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
tion, Of at least hve (5) shares Of the
capital stock Of this corporation. pro-
vided that the water master need not
be a stoc,cholder.
ARTICLE XIII.
Three Of the directors shall constitute
a quorum at all meetings OF the board,
to transact the business and exercise the
corporate powers OF the corporation. The
outstanding capital stock OF this corpor-
alton Is assessable, and said board OF
directors shall have the power to levy
and collect assessments OF ten (io) per
cent Of the par value of said stock every
six (6) months, but not oftener. on the
outstanding capital stock Of the corpora
ton. for raising funds for the purpose
of acquiring property and carrying on the
business OF this corporation. such assess
ments to he made In the manner pro-
vided by law. The directors shall not
have authority to borrew amounts aggre-
eating more than rnree thousand (sS000)
dollars at any one time without being
authorized by the stockholders. Said di-
reotors shall not have power TO sell any
of the water rights Of this corporation,
unless authorized by vote Of two thirds
(2-O Of the outsta anding stock as shown
by the books OF this corporation.
ARTICLE XIV.
All moneys received from the distrIbu-
tion OF said waters to the Stockholders
and other persons using said water mid
from all sources whatsoever. shall be
| the property of said corporation and the
board 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 tho corporation. In case
any stockholder does not exercise his