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<br />ON MOTION BY C011MISSIONER MASSEY, SECONDED BY COMMIS—
<br />SIONER DRITENBAS, THE BOARD UNANIMOUSLY APPROVED•SIGNING OF.
<br />RESOLUTION TO ESTABLISH A CHECKING ACCOUNT AT COMMERCIAL BANK OF
<br />w►r VERO LEACH FOR ESCRov, FUND !dARPANTS, AS FOLLOWS.'
<br />fr the undersigned Secretary of Btzarrl of .Osmt•y�(`Ornm-facinnera - &gC,rM EjWA
<br />a corporation organized and existing under the laws of the State of V1 0r4 A
<br />DO HEREBY CERTIFY that ata meeting of the Board of Directors of said corporation, duly held on June 19
<br />1914•a quorum being present, the following resolutions were adopted and that the said resolutions have been entered upon the regular
<br />minute book of said corporation, are in accordance with the By -Laws and are now in full force and effect, to -wit:
<br />RESOLVED, that Commercial Bank of Vero Beach, , be and it hereby is designated as a depository of this corporation subject
<br />to the rules and regulations set forth in the passbook and signature cards of said Bank, and any amendments thereto, and that the of-
<br />ficers of this corporation or either or any of them and they hereby are authorized fo open a bank account or accounts with the said
<br />cea ee sial Beak of vera Beach, for and in the name of this corporation, and to deposit with the said Bank in the said account from time
<br />to time any and all checks, notes, drafts, bills of exchange, monies, acceptances, orders and other items of any kind.
<br />'further. RESOLVED, that the Clerk add Chat an or Vic —Ch irm in
<br />signing jointly and their successor in office (or either) (or any of them) be and they are hereby au.
<br />thorized to sign any, and all checks, drafts, notes, acceptances, bills of exchange, orders or ether instruments for the payment and with.
<br />drawal of any and all monies, credits, items and property at any time held by the said Cemmercial Bank of vara B.ach,for account of'this cor-
<br />poration.
<br />Further, RESOLVED,. that Commorciol Bank of Vero Beach, is hereby authorized to pay or cashany check or other order for the pay-
<br />ment of money drawn by this corporation on -any bank and payable to any officer (including the signing officer) of this corpora-
<br />tion without inquiry and is further authorized to pay or cash any check or other order for the payment of money payable to or held
<br />by this corporation drawn on or payable throw h coe,m.,aol Bank of vera Basch, or any bank when endorsed in the name of this corpora-
<br />tion by Clerk and Cha3ian or ice-C(lair3lk�I�igning Jointly and to
<br />receive any such checks or other orders for the payment of money for credit to the account of any holder (includinq any officer of
<br />this corporation) without inquiry as to the circumstances of issue or endorsement thereof or the disposition of the proceeds, and
<br />even though the same be tendered in payment of the individual obligation of a signing officer.
<br />Further. RESOLVED, that the 111 nark ane Cha -firman Or V1Ce_Cb,frm= SIP -1339 -TO-1111-1
<br />of this corporation are hereby authorized to borrow money and to obtain credit for this corporation from said Bank on such terms as
<br />may seem to them advisable, and to make and deliver notes, drafts, acceptances, agreements and any other obligations of this corpora-
<br />tion therefor, in form satisfactory to said bank, signed by Clerk an Chairman a Vinp--Chairman S-tgning Jointly
<br />and as security therefor to pledge and trustee, withdrawal, exchange and substitute any stocks, bonds, bills and accounts receivable, bills
<br />of lading, warehouse receipts or any other property of this corporation, with full authority to endorse or guarantee the same in the name
<br />of this corporation, to execute and deliver all instruments and assignments and transfer and to affix the corporate seal; and also to dis-
<br />count any bills receivable or paper of any kind (negotiable or otherwise) with full authority to endorse same in the name of this _corpo-
<br />ration. -
<br />Further, RESOLVED, that endorsements on behalf of this corporation upon any and oll commercial paper of any kind deposited by
<br />or on behalf of this corporation with the said Bank for credit or,for collection of otherwise may be made by any one of the foregoing
<br />officers, or by rubber stamp.
<br />Further, RESOLVED, that the foregoing authorized officials or any of them and their successors in office or any of them be and
<br />they are hereby authorized (a) for and on behalf of this corporation to lease from the Commercial Bank of Vero Beach, a safe deposit box
<br />or boxes and enter into for and on behalf of this corporation and with the Commercial Beek of Vero Qeech, is required standard form of
<br />Safe Deposit Box Lease for corporations, and (b) for and on behalf of this corporation to have access to said box or boxes, in accord -
<br />once with the terms, conditions, agreements, rules and regulations of the said Lease.
<br />Further, RESOLVED, that all the foregoing authorities shall be and continue in full farce and effect until revoked or modified by
<br />written notice actually received by said Commerc,al Bank of Vero Beach, setting forth a resolution to that effect stated to have been adopted
<br />by the Board of Directors of this corporation and signed by the secretary or assistant secretary of this corporation and bearing this
<br />corporation's seal; and said Commercial Bank of vera Beach. is hereby* authorized and directed to at all times rely upon the lest notice re-
<br />ceived by it of any resolution as to the foregoing authorities and as to the persons who from time to time are its officers, and their.
<br />signatures, when such notice bears this corporation's seal and is signed by one purporting to be its secretary or assistant secretary.
<br />I FURTHER CERTIFY that the foregoing resolutions are fully in accord with and pursuant to the By -Laws of said corporation,
<br />I FURTHER CERTIFY that the following persons, whose genuine signatures appear below, are officers of said corporation in the ca•
<br />pacify etFopposite he espectiv si ures, to -wit:
<br />�L ! 1 -Alma Lee Loy—
<br />President
<br />Vice -President
<br />- Vi -Ch&i n
<br />Treasurer
<br />IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the seal ofycorp,
<br />ation is day of
<br />I9
<br />(Seal of Corporation) /!Jr
<br />tMwr MAN ArssideM-
<br />Cis. tRK +W
<br />C�
<br />060k 2U PAGE192
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