Lincoln County times. (Jerome, Idaho) 1911-1919, 1914-10-22
NOTICE.


October 18th. 1914. at p. m, the
following Resolution was adopted by
the unanimous vote of all stock rep
resented:
"RESOLVED: That Section II Of
the third Article of the Bylaws de-
filming the time and manner OF max
ing assessment be, and the same is
hereby repealed. and in lieu thereof.
the following section is substituted:
Section II. 1t shall be the duty of
the Board of Directors on or about
the first day of October of each year.
or as soon thereafter as may be. to
ascertain and determine as nearly as
possible the amount of money neces-
sary for the conducting of the Com
pany's business from the first day
of November following to the first
day of April following. which sum
shall be as nearly as may be estimat-
ed, the actual cost of maintenance
for the period specified and shall in
clude the proper expense OF admin
istration. operation. renewals and re-
pairs and any other expense incident
thereto.
The Board of Directors shall
thereupon determine as nearly as
may be the number OF shares liable
to maintenance charge for such
period and shall apportion the total
charge 10 such total number of
shares and determine in cents per
acre or per share the maintenance
charge for such period and the same
shall constitute the maintenance
charge therefor.
Thereupon the Board OF Directors
shall cause notice of such assessment
10 be published for not less than
two weeks in one or more weekly
newspapers OF general circulation
published on said tract.
The assessment so made shall be
due and payable on or before the
hrst day OF November following and
no water shall be delivered to any
contract holder or stakeholder until
such assessment has been paid In
full.
1t shall be the duty of the Board
OF Directors on or about the first dav
of March of each year. or as soon
thereafter as may be. to ascertain
and determine as nearly as possible
the amount of money necessary for
the conducting OF the Company's
business from the first day of April
following to the first day OF Novem-
Der following. which sum shall he as
nearly as may be estimated the ac-
tual cost of maintenance for rho
period specified and shall include
the proper expense OF administration,
operation renewals and repairs and
any otner expense incident thereto
The Board OF Directors shall there
upon determine as nearly as may be
the number OF shares liable to a
maintenance charge for such period
and shall apportion the total charge
10 such total number OF shares and
determine in cents per acre or per
snare the maintenance charge for
such period and the same shall CON
stltute the maintenance charge there
for.
Thereupon the Board of Directors
snail cause notice of such ASSESS
ment to be published for not less
imam Two weeks in one or more week
~ newspapers of general circulation
published on said tract.
me assessment so made shall no
due and payable on or before the
hrst day OF April following and mo
water shall be delivered to any con-
tract holder or stakeholder until
such assessment has been paid in
full. r" III
II any portion OF any assessment
whatsoever remains unpaid on the
DAY specified. the same shall become
delinquent and shall draw interes. ~
o per cent per annum and the SIN
SO delinquent shall be a lien on zach
OF such users water right and tho
Iahd 10 which 1t Is dedicated in
ierlor only to the lien for the mr.
chase price of the water right
IL any assessment shall be INSULT
cient Tor the specific period named
anu leaves deficit or IL any asgoes-
nent snail be more than sufficient
anu leaves surplus, allowance for
sucn dehclt or surplus shall be made
iod." meat per
AL special meeting of the Direct
ors OF the North Side Canal Com
pahy' Limited, held at the Office ~
.he company at Miner, Idaho on
Tue hlteenth day of October. 1914 M
y. m.' to consider among Other
matters the assessment to he cbaraod
III accordance with the Resolution
adopted by the Stockholders a,
meeting above specified the follo,,ina
resolution was unanimously adonted
by the Board: "'op''u
RESOLVED; That the MAINTAIN
ance assessment for the period com
lnencing November LIST, 1914 and
ending March 31st. 1915, be and tho
same Is hereby fixed at ten cents
upon each and every share of s,ocL
In said company" " ''''h
In accordance with said Reso,r
lions notice Is hereby given thai The
assessment of ten cents
per acre on land entered, for which
contracts have been issued. will no
que as or the date of November I 81
tslf; These charges are PAYABLE r.
.ne north Side Canal Company. lin
, ,,' at jerome, Idaho. When remit
ing please state water contract nun
per and subdivision covered '
iNOhIH SIDE CANAL COMPANY
LIMITED. AM
at,oa by d. c. Macwatters, President
harvey W. Hurlebaus. Secretary.