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HomeMy WebLinkAboutMinutes - North Fork Water Company - 06/06/1968SPECIAL ~ETING OF THE BOARD OF DIRECTORS OF NORTH FORK WATER COMPANY held June 6, 1968. Special ~eting of the Board of Directors of the North Fork Water Company was held this 6th day of Ju~, 1968, at ll:O0 o'clock A.~., at the office of the East Highlands ~range Company, at 7125 Elder G~lch Road~ Est Highlands, California. Present: Directors Paul R. Jennings, Henry E. Guerth, Jene S. Hamilton, Arnold L. Wright, Harold G. Rickert and James C. ~lllns. Absent: Director Walter H. Laputz. On motion, the ~inutes of the last Special ~eeting, held April 18, 1967, w~rs dispensed with. President Jennings announced that Walter H. Laputz had transferred from Patton State Hospital, thereby creating a vacancy on the Board of Directors. The Secretary read a letter directed to the ~ompany by Dr. O. L. Sericke, Superintendent, Patton State Hospital, suggesting that ~r. R. Bruce Jordan, Hospital Business Administrator, be nominated as a member of the Board of Directors. ( A Seven Year Proxy, naming Dr. Gericke and Mr. Jordan was enclosed with the letter.) It was moved by Arnold L. Wright and seconded by Harold G. ~ickert that R. B~uce Jordan be appointed as a member of the Board of Directors. THE ~OTION CARRIED AND R. BRUCE JORDAN WAS DECLARED A ~E~BER OF T~ BOARD. Chairman Jennings stated that the Spring Assessment was usually levied at 2.00 per share but that it could be held to $1.50 now, with a possible assess- ment of 75 ~ents per share in the Fall. The Secretary presented an Estimate to October 31st, showing Income at 16,440, Expenses at $13,175 and Estimated Balance at $3,265. It was moved by James C. ~ullins and seconded by Jehe S. Hmmilton.that the following Resolution be adopted: BE IT AND IT NEREBT IS RESOLVED AS FOLLOWS: FIRST: That this corporation levy an assessment (No. 117) on all of the issued and outstanding shares of this corporation, which assessment shall be in the amount of ONE DOLkAR and FIFTY CENTS ($1.50). SECOND: Said assessment shall be payable to the Secretary of this corporation, John E. Poppett, at 2?860 Atlantic Avenue, Highland, California. THIRD: July 26, 1~68, is hereby fixed as the day on which any unpaid assessment shall become delinquent. FOURTH~ August 22, 1968, is hereby fixed as the day for the sale of any delinquent shares. FIFTH: lO:OO o'clock A.N., at 27860 Atlantic Avenue, Highland, San Bernardino County, California, is hereby fixed as the hour and place of said sale. THE MOTION C~.KRIED AND T~ RESOLUTION WAS DECLARED ADOPTED. Secretary Poppett reported that all electrical wiring from the meter to the motor on Well No. i had been stripped and stolen and that it had now been rewired at a cost of approximately $200.00. He also reported that the relining of the Plunge ~reek syphon and Weaver Street Trestle Pipe had been completed at a cost of $5,239.00, with 1/2 the cost shared by Bear Valley ~utual Water Eompany. Harold G. ~ickert raised the question as to whom files the Company well and gravity water records with the State Water Rights Board. over) 22 Special Meeting held June 6, 1968. The Secretary stated that the Well Recordations were filed by the North Fork Water ~ompany and that the Gravity Water Becordations ~,~~w~wm~ on the Santa Ana River had always been filed by Bear Valley ~utual Water ~ompany, Chairman Jennings reported that an alternate plan that the San Bernardino Valley ~anicipal water District was considering for the distribution of Feather River water to Yuc~pa followed along or near the canals of Bear Valley ~utual Water ~ompany and North Fork Water Company on this side of the valley. There being no further business, on motion the meeting was declared adjourned. Sign~d~ ~ ~ ~~' tarycre ~ ,~