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HomeMy WebLinkAboutMinutes - North Fork Water Company - 06/23/1966SPECIAL MEETING OF THE BOARD OF DIRECTORS OF NORTH FORK WATER COMPANY held June 23, 1966 A Special Meeting of the Board of Directors of the North Fork Water Company was held this 23rd day of June, 1966, at 10:30 o'clock A.~., at the office of the East Highlands Orange Company, 7125 Elder Gulch Road, in East Highlands, California. Present: Directors Paul R. Jennings, Stanley L. Poppett, Jene S. Hamilton, Henry E. Guerth and Arnold L. Wright. Absent: Directors Gordon W. Corwin and Walter H. Laputz. Eura Cocke and ~Bernard Allen, representatives of Patton State Hospital, were also present. Vice-President Paul R. Jennings presided as chairman. The minutes of the last Special ~eeting, held October 26, 1965, and of the Regular Meeting, held ~arch 25, 1966, were approved as read. Under "Minutes of Special Meeting, held October 26, 1965,= the manage- ment was authorized th have work performed to lower the UCram" Well #3. The Secretary-Zanjero, John R. Poppett, reported that the work had been postponed because of the heavy rains of November, 1965, and the expected rise in the underground water tables. After discussion of the Ccmpany's finances, it was moved by Henry E. Guerth and seconded by Stanley L. Poppett that the following Resolution be adopted: BE IT AND IT IS HEREBY RESOLVED as follows: FIRST: ThAt this corporation levy an assessment (No. ]111) on all of the issued and outstanding shares of this corporation, which assessment shall be in th~ amount of T~o Dollars $2.00). SECOND: Said assessment shall be payable to the Secretary of this corp- oration, John R. Poppett, at 2?860 Atlantic Avenue, Highland, California. THIRD: August 12, 1966, is hereby fixed as the day on which any unpaid assessment shall become delinquent. FOURTH: September 14, 1966, is hereby fixed as the day for the sale of any delinquent shares. FIFTH: 10:OO o'clock A.~., at 2?860 Atlantic Avenue, Highland~ San Bernardino County, California, is hereby fixed as the hour and place of said sale. THE ~OTION CARRIED AND THE RESOLUTION WAS DECLARED ADOPTED. The Secretary read a letter directed to North Fork Water Company by Gordon W. Corwin wherein he stated that he was tendering his resignat- ion from the Board of Directors, since he was no longer a stockholder of the Company. It was moved by Arnold L. Wright and seconded by Jene S. Hamilton that the resignation of Gordon W. Corwin be accepted and that the Secretary be instructed to express by letter the Board's appreciation for his past services and its regret of his resignation. THE MOTION CARRIED. Nv 12 2) ~inut~s - ~eeting held June 23, 1966. The Chairman, notiug the existing vacancies created by the resignation of Gordon W. Corwin, declared the meeting open for the election of President. Motion was made by Stanley L. Poppett and seconded by Jene S. Hamilton that Paul R. Jennings be elected to serve as President. There were no other nominations. THE ~OTION, placed by Stanley L. Poppett, CARRIED AND PAUL R. JENNINGS WAS DECLARED ELECTED TO SERVE AS PRESIDENT. otion was made by Stanley L. Poppett and seconded by Arnold L. Wright that Henry E. Guerth be elected to serve as Vice President. There were no other nominations. THE ~OTION CARRIED AND HENP~ E. GU£RTH WAS DECLARED ELECTED TO SERVE AS VICE PRESiDEIIT. The meeting was declared open for the election of a member of the Board of Directors. Motion was made by Stanley L. Poppett and seconded by Henry E. Guerth that Harold G. Rickert be elected to serve as a Director. There were no other nominations. THE MOTION CARRIED AND HAROLD G. RICKERT WAS DECLARED ELECTED TO SERVE AS A DIRECTOR. The Secretary was directed to advise ~r. Rickert by letter of his election to the Board of Directors. The Secretary announced that a meeting of the Upper Santa Ana River Water Coordinating Council was to be held ~onday, June 27th, and would be open for an~ Directors desiring to attend. President Jennings discussed a proposed water exchange agreement between the gravity water companies and the Bear Valley ~uncipal Water District wherein water due North Fork Water Company would be delivered by pipe-line from the ~entone reservoir of Hear Valley Mutual Water Company to a point on the canal approximately 1/4 mile east of Oak Creek Canyon. He pointed out that, under the terms of our Contract, this Company's water had always been delivered to the North Fork weir at the mouth of Santa Aha Canyon. A poll of the Directors indicated that this Company should oppose any change in the point of delivery and that we should continue to receive water at the present point at the mouth of the Santa Aha River. It was moved by Arnold L. Wright and seconded by Jene S. Hamtlton that the Company adopt the standard form resolution of Bank of America relating to checking accounts and that any two of the signatures of Paul R. Jennings, Henry £. Guerth, Stanley L. Poppett and John R. Poppett be approved for the issuance of Company checks. THE MOTION CARRIED. There being no further business, on motion the meeting was declared adjourned. Ohn R. Poppett ~I ~ v~ Secretary 13