HomeMy WebLinkAboutMinutes - North Fork Water Company - 04/30/1976NORTH FORK WATER COMPANY
1155 Del Rosa Avenue
San Bernardino, California
Upon adjournment of the Annual Stockholders meeting, the Board of ~
Directors met on April 30, 1976, at 1155 Del Rosa Avenue, San Bernardino,
California, for the purpose of reorganization and further business that
may come before the Board.
Present: Directors - Arnold L. Wright
Elizabeth Kiel
Joseph A. Rowe
Dennis L. Johnson
Directors Absent - Laird Roddick - Paul Jennings,Jr.- Stuart George
In addition: Howard H. Hendricks - Secretary
Chairman Arnold Wright called the meeting to order and asked that the
minutes of the March 16, 1976 meeting be read by the Secretary. The
Secretary read the minutes of the March 16, 1976 meeting and they were
approved as read.
The Chairman stated that nominations for Officers were in order. Mr.
Johnson nominated Arnold L. Wright for President and Stuart George for
Vice President and upon a motion by Mr. Rowe, seconded by Mrs. Kiel that
nominations be closed and that the Secretary be instructed to cast a
unanimous ballot. Mr. Johnson moved, with Mrs. Kiel seconding, that ~'~
Mr. Hendricks again be appointed as Secretary for the forthcoming year.
Motion carried unanimously.
Discussion was held concerning the assessment and after reviewing the
finances it was moved by Mr. Johnson, seconded by Mrs. Kiel that assess-
ment 1976-1 be set at $2.50 per share. Motion carried.
Discussion was held concerning Leon Stafford and his request to have his
North Fork Water Company salary to be eligible for retirement benefits. Mr.
Wright indicated that Bear Valley Mutual Water Company has agreed to this
additional benefit, as they share equally in the cost of Mr. Stafford's
services. Upon a motion by Mr. Johnson, seconded by Mr. Rowe, the Secretary
was instructed to notify Bear Valley Mutual Water Company to include Mr.
Stafford's monthly salary in his retirement plan. Motion carried.
The subject of a truck that had been purchased by Bear Valley Mutual Water
Company for the benefit of the Zanjero and has been billed to North Fork
Water Company at one half of its cost, was discussed by the Directors. Upon
a motion by Mrs. Kiel, seconded by Mr. Rowe, the Secretary be authorized to
pay the amount so billed.
Upon a motion by Mrs. Kiel, seconded by Mr. Rowe, that the standard Bank
of America Resolution be prepared and authorized for any two people of
the Directors and Secretary, be eligible to sign checks of the North Fork
Water Company account, at the Bank of America, Sterling and Highland branch.
Motion carried.
President Wright read a letter from Attorney Denslow Green, regarding
his question concerning the Exchange Water and the implication of putting
North Fork Water Company water outside of its service area. Upon a motion
by Mr. Johnson, seconded by Mr. Rowe, that the letter be tabled. Motion
carried.
As there was no further business to be brought before the Board, the meeting
was adjourned at 11:30 A.M.
Howard H. H~ndr~cks, SeCretary
N°· 75