OCR Text |
Show pany per acre of land as evidence of a water right in connection with desert land final proofs provided the lands embraced in the particular entry were also within the boundaries of the Imperial Irrigation District. The requirements outlined in the several instructions above referred to embodied this principle and many desert land claims have since been adjudicated in conformity therewith. On April 4, 1923 a special agent of this office submitted a report and on June 23, 1923 a further report with reference to certain changes which have recently taken place in the plan of organization and management of the irrigation systems of the Imperial Valley. Reorganization These charges involve the elimination of the several mutual water companies and the consideration of their several systems of irrigation works under the single management of the Imperial Irrigation District. The agent states that on June 1, 1922 the Imperial Irrigation District voted bonds in the sum of $5,000,000. The bonds were sold and of the money received $4,465,250 was turned over to the mutual water companies to reimburse them for the water stock actually issued by them and located upon the lands of the Imperial Irrigation District, at the rate of $10.00 per share. The Companies, in turn, were to distribute the money to their members who actually purchased the stock. The stock would thus be retired and no more was to be issued after November 1, 1922. The balance of the $5,000,00, [sic] being $534,750, was to be used by the District to purchase the personal property and equipment owned by the Mutual Companies. |
Source |
Original book: [State of Arizona, complainant v. State of California, Palo Verde Irrigation District, Coachella Valley County Water District, Metropolitan Water District of Southern California, City of Los Angeles, California, City of San Diego, California, and County of San Diego, California, defendants, United States of America, State of Nevada, State of New Mexico, State of Utah, interveners] : |