(1) At all such elections, except as herein otherwise expressly provided, the following persons holding title or evidence of title to lands within the district shall be entitled to vote:
(a) all of the persons having the qualifications of electors under the constitution and general laws of the state;
(b) guardians, administrators, executors, and trustees residing in the state;
(c) domestic corporations by their duly authorized agents.
(2) In all elections each elector shall be permitted to cast one vote for each 40 acres of land or major fraction thereof in the district owned by such elector, but any elector owning 20 acres or less shall be entitled to one vote.