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EXTRACT FROM BY-LAWS OF FIDELITY AND DEPOSIT COMPANY OF MARYLAND <br /> " Article VI , Section 2 . The Chairman of the Board , or the President, or any Executive Vice-President , or any of the Senior <br /> Vice. <br /> Presidents or Vice-Presidents specially authorized so to do by the Board of Directors or by the Executive Committee , shall have power, <br /> by and with the concurrence of the Secretary or any one of the Assistant Secretaries , to appoint Resident Vice-Presidents , <br /> Assistant <br /> Vice-Presidents and Attorneys-in-Fact as the business of the Company may require , or to authorize any person or persons to <br />execute <br /> on behalf of the Company any bonds , undertakings , recognizances , stipulations , policies , contracts , agreements , deeds , and <br /> releases <br /> and assignments of judgements , decrees , mortgages and instruments in the nature of mortgages , . . . and to affix the seal of the Company <br /> thereto . " <br />