The National Irrigation Act And Articles of Incorporation of the Salt River Vall
The National Irrigation Act And Articles of Incorporation of the Salt River Vall
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Upon the failure of the sub- scriber, or holder otherwise, of any of the shares of the capital stock of this Association to apply for such rights, or, having applied therefor, upon failure to promptly and in good faith comply with all rules and regulations prescribed or that may be prescribed by Congress or by any executive de- partment of the Government relative thereto, then II he shall forfeit to the Association such shares of stock and all and every right in anywise theretofore or then inci...dent thereto, or that might in anywise arise or accrue from or exist by virtue of such sub- scription or ownership, or that could by any means arise or be claimed therefrom, and such person, his heirs and assigns, shall thereafter have no right whatsoever as a member, of this Association by virtue thereof.
Sec. 4. Any shares of stock so forfeited shall at once be cancelled and shall not again, under any circumstances, be renewed, revived, or reissued. Other stock in lieu thereof up to the limit of the total number of shares authorized by these Articles may be subscribed for, and issued, subject to all the con- ditions of these Articles and to the approval of the Secretary of the Interior.
What to read after The National Irrigation Act And Articles of Incorporation of the Salt River Vall?
You can find similar books in the "Read Also" column, or choose other free books by Salt River Valley Water Users Association to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Upon the failure of the sub- scriber, or holder otherwise, of any of the shares of the capital stock of this Association to apply for such rights, or, having applied therefor, upon failure to promptly and in good faith comply with all rules and regulations prescribed or that may be prescribed by Congress or by any executive de- partment of the Government relative thereto, then II he shall forfeit to the Association such shares of stock and all and every right in anywise theretofore or then inci...dent thereto, or that might in anywise arise or accrue from or exist by virtue of such sub- scription or ownership, or that could by any means arise or be claimed therefrom, and such person, his heirs and assigns, shall thereafter have no right whatsoever as a member, of this Association by virtue thereof.
Sec. 4. Any shares of stock so forfeited shall at once be cancelled and shall not again, under any circumstances, be renewed, revived, or reissued. Other stock in lieu thereof up to the limit of the total number of shares authorized by these Articles may be subscribed for, and issued, subject to all the con- ditions of these Articles and to the approval of the Secretary of the Interior.
What to read after The National Irrigation Act And Articles of Incorporation of the Salt River Vall?
You can find similar books in the "Read Also" column, or choose other free books by Salt River Valley Water Users Association to read onlineMoreLess
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