OCR Text |
Show rights of the shareholders of said Association, and of their respective rights to the use of water acquired from the Government under said act of Congress, the rules and principles set out in said articles of incorporation, for such determination, shall be deemed the established rules and principles for that purpose. 2. That only those who are, or who may become, members of said Association, under the provisions of its articles of incorporation, shall be accepted as entry-man or applicants for rights to the use of water impounded, developed, or the supply of which is or may be regulated or controlled by said proposed irrigation works. 3. That the aggregate amount of such rights to be issued shall, in no event, exceed the number of acres of land capable of irrigation by the total amount of water available for the purpose, being (1) the amount now appropriated by the shareholders of said Association, and (2) the amount to be impounded and developed in excess of the water now appropriated. The Secretary of the Interior shall determine the number of acres so capable of such irrigation as aforesaid, his determination to be made upon due and expert consideration of all available data, and to be based upon and measured and limited by the beneficial use of water. 4. That the payments for the reservoir rights to be issued to the shareholders of said Association, under the provisions of said Act of Congress, shall be divided into not less than ten equal annual payments, the first whereof shall be payable at the time of the completion of said proposed reservoir, or within a reasonable time thereafter, and after due notice thereof by the Secretary of the Interior to the Association. The cost of said |