HomeMy WebLinkAboutMinutes - North Fork Water Company - 10/29/1970SPECIAL u~.ETING OF THE BOARD OF DIRECTORS OF
NORTH FORK WATER ~O~PANY
held October 29, 1970.
A Special Meeting of the Board of Directors of the North Fork Water
ompany was held this 29th day of October, 1970, at 10:30 o'clock A.M.,
at the office of the East Highlands Orange ~Company, 7125 Elder Gulch Road,
East Highlands, California.
Present: Directors Paul R. Je~n~nge, ~arl R. Anderson, Arnold L. Wright,
Henry E. Guerth, Stuart M. George and Harold G. Rickert.
Absent:Director R. Bruce Jordan.
The ~nutes of the last Special Meeting, held March 3, 1970, and of
the Regular Meeting, held March 27, 1970, were read.
Omission of the words 'Reading of" in the sentence "The Minutes of the
last Special Meeting were dispensed with" was noted and corrected in both
sets of minutes read.
he Secretar~ presented his estimate of Income and Expenses for 6 months
to March 31, 1971, as follows:
ESTIMATED INCO~
P~oposed Assessment (No. 121) @ $ .50 $ 3,600.00
Reimbursement: Bear Valley Mat. Water Co. 1,750.00
Water Sold Bear Valley ~ut. Water C~. 2;540..00' $ 7,890.00
Add: Cash on Hand, October 26, 1970, 4;605.00
Total - Estimated Income $12,495.00
EXPENSES (Estimated)
Joint Expense with Bear Valley Mut. Water .CO. $ ?,010.00
Corporation Expense 2~ 645..0~.
Total - Estimated Expense 9~655.00
Estimated Balance, ~arch 31, 1971, $~
After discussion, it was moved by Harold G. Rickert and seconded by
Stuart ~. George that the following Resolution be adopted:
BE IT AND IT HEREBY IS RE~OLVED as follows:
FIRST: That this corporation levy an assessment, (No. 121), on all of the
issued and outstanding shares of this corporation, which assessment shall
be in the amount of Fifty Oents ($ .50).
SECOND: Said assessment shall be payable to the Secretary of this corpor-
ation, John R. Poppett, at 2?860 Atlantic Avenue, Highland, California.
THIRD: December 11, 1970, is hereby fixed as the day on which any unpaid
assessment shall become delinquent.
FOURTH: January 8, 1971, is hereby fixed as the day for the sale of any
delinquent shares.
FIFTH: 10:00 o'clock A.M., at 27860 Atlantic Avenue, Highland, San Bernardino
County, Califo~nia, is hereby fixed as the hour and place of said sale.
Special ~eeting held 0cto~er 29, 1970.
THE ~OTION CARRIED AND THE RESOLUTION WAS DECLARED ADOPTED.
Arnold L. Wright reported that the sewer spreading system of the
Running Springs Sanitation District had been installed.
Mr. Jennings stated that the installation of the system in its
location had been protested but that it was necessary to install the
sewer plant.
HaroldG. Rickert stated that the Water Q,,~lity ~Control Board and
also the State of California would be observing the control of the
quality of the sewer effluent.
President Jennings reported that, after he had contacted and obtained
approval of all but two of the Directors who were unavailable, John R.
Poppett, had been granted an increase in salary of $10.00 per month
beginning July 1st.
It was moved by Arnold L. Wright and seconded by Harold G. Rickert
that the increase in salary of John R. Poppett in the amount of $10.00
per month heginn~ng July i be approved.
THE MOTION CARRIED.
There being no further business, on motion the meeting was declared
adjourned.
hn R. Po tt
ecretary