HomeMy WebLinkAboutMinutes - North Fork Water Company - 05/27/1965SPECTAL ~ETING OF THE BOARD OF DIRECTORS OF
NORTH FORK WATER COMPANY
held Nay 27, 1965.
A Special Neetin~ of the Board of Directors of the North Fork Water
Company was held this 2?th day of ~ay, 1965, at 9:00 o'clock A.~., at the
office of the East Highlands Orange Company, 7125 Elder Gulch Road, in
East Highlands, California.
Present: Directors Gordon W. Corwin, Paul R. Jennings, Stanley L. Poppett,
Jene S. Hamilton, Henry E. Guerth and Arnold L. Wright.
Absent: Director Walter H. Laputz.
President Gordon W. Corwin presided.
The minutes of the last Directors ~eeting, held Narch 26, 1965, were
approved as r~ad.
After discussion of finances, it was moved by Paul R. Jennings and
seconded by Stanley L. Poppett that the following Resolution be adopted:
BE IT A~D IT HEREBY IS RESOLVED as follows:
FIRST: Tha~ this corporation levy an assessment (No. ll2) on all of the
issued and outstanding shares of this corporation, which assessment shall
be in the amount of T~o Dollars ($2.00).
SECOND: Said assessment shall be payable to the Secretary of this corp-
oration, John R. Poppett, at 27860 Atlantic Avenue, Highland, California.
THIRD: July 22, 1965, is hereby fixed as the day on which any unpaid
assessment shall become delinquent.
FOURTH: August 25, 1965, is hereby fixed as the day for the sale of any
delinquent shares.
F~N: lO:OO o'clock A.~., at 27860 Atlantic Avenue, Highland, San
Bernardino County, Oalifornia, is hereby fixed as the hour and place of
sale.
THE NOTION CARRIED AND THE RESOLUTION WAS DECLARED ADOPTED.
Th~ Secretary reported that he had sold the Company's Ford Pick-up
truck for Fifty Dollars ($50.00) cash.
The Secretary also stated that he was in need of a metal filing
cabinet for the storage of Company records.
After discussion, it was moved by Stanley L. Poppett an~ seconded
by Jene S. H~m~lton that the President and Secretary be authorized to
purchase suitable cabinets for the Company.
THE ~OTION CARRIED.
Discussion was held regarding water delivery for the ensuin~ year.
John R. Poppett reported that, at his date, the river flow was
approximately 1,600 inches and that delivery for ~ay was being made on
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SPECIAL DIRECTORS ~EETING - ~ay 2?, 1965
the basis of 2.50 inches per share, which would require some pumping
of wells and borrowing of water from Bear Valley ~tual Water Company.
He further stated that, with o~cessary p,,mping of wells, a 2.50 inch
delivery could be maintained until September 30th.
President Corwin discussed the fencing of the canal through new
subdivisions, particularly along the "Draper" property which was now
being engineered for development.
It was moved by Paul R. Jennings and seconded by Arnold L. Wright
that Gordon W. Corwin, Stanley L. Poppett and John R. Poppett meet
with John Fiscalini, one of the present o.~rs of the former "Draper"
property, and discuss the matter of the fencing of the canal through
the proposed subdivision.
THE ~OTION CARRIED.
There being no further business, on motion the meeting was
declared adjourned.
ohn R.' Poppett ~ ~
cretary
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