HomeMy WebLinkAboutResolution 1974-009
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a corpors
:UU-/UU-U
502-52i-8
504-027-4
503-228-9
504-315-3
503-229-7
504-187-6
505-048-9
504-624-E
504-915-C
504-026-E
504-232-(
505-032-:
504-028-í
of Corporate Board
I,
, S.cre1:>tl
City of North Richland Hills, Texas
. a"d doing business i"North Ri ch 1 and
Md minutes of the proceedings of t.~e Boord of Directors of said COrþOratÎon, Md thar on
74
, 19_, there was duly and legally held a meeting of ",ie! }3.
th roughout, :nd at said meeting the following resolutio!13 were unanimc
duly organized and exhting under the laws of the St;Ue of
Hill S ,Te"?",, do hereby certify that I am keeper of the recorcb
8th July
day of
which a quorum
Texas
of Directors, :1t
~dopte¿ :
RESOLVED, That NORTHEAST NATIONAL BANK, Fort Worth,
of the Direerors was present and acting
herdnafter called "Bartk", is hereby designa~d as a depository of
Corporation and that an accoutlt or accounts shall be established in behalf of this Corporation with Bank under the style of
see attached list
under an,1 subject to the rules and regulations as from time to time prescribed by Bank wherein may be deposited any of the funds of tht, CorporatÌoo
wherher reprosemed by cash, checks, nO':es, or other evidences of debt and from which withdrawals are hereby authorized in the name of the corporation.
br any
two (2)
(Number of s;g"I1I"'/ll requ;rså)
of the following:
M. E. Riddl e
Dick Faram
Ruth Pinner
Norman Ellis
Anna Lee Caudry
IT IS FURTHER RESOLVED that atly of the above-tlamed parties shall be authorized to itldividWllly sign for and receive the statements and
cancelled vouchers of this corporation, or to appoint in writing, agents to sign for and receive such documents, and any of the above-n~med parti., are
hereby fUrther authorized to StOp payments against checks of this corporation and to bind the corporation thereto_ Endorsements for deposit m~y be by
written or stamped endorsement of tbe Corporation without designation of the patty making the endorsement.
FURTHER RESOLVED, That any two (2) nf the following:
(N,.",b.., of s.gnatM'/lJ røqN;"ød)
M. E. Riddle Dick Faram
Ruth Pinner Norma n Ell i s
Anna Lee Caudry
m.y from rime to time borrow mc,tley in the name of the Corporation from the Bank and give the Corporation's nOtes or other evidenc~ of indebted·
ness rherefor, ia sucb amounts and for such time and rate of interest as may be designated on said notes or other evidences of indebtedness or as may be
the Benk's custom, and any of said persons may secure the payment of any or all indebtedness and obligations of the Corporation to Ba!1-1<: by the eu-
cution and d<livery for and on behalf of the Corporation of deeds of trust, assignmeocs, chattel mortgages, separate collateral agreements, pledge agree-
ments, loan agreements, and other security agreements, as well as any other agreement that may be re<¡uired by rhe Bank, whethcr simi!ar to any of th06e
enumerated or nor, which said agreements or instruments may, among ct."'er rhings, pledg", encumbet, convey, or cover auy or all properties of the
Corporation, including bill., nores, accounts receivable, stocks, boncb, real escate and personal property, as well as any other property and a,uers of the
Corporation, whether similar to those enumerated Or DOt, and the notes, bills, accounts, certificates of deposit, Md other receivable! and instruments
owned by said Corpor:1tion may be transferred to said Bank for rediscount Or for purchase or for collection on the endorsement of any of said person.!;
and acry of said persons shall have authority to waive demand, prOtest, and notice of prOtest or dishonor of any cbeck, note, biJI, draft, or other inscrurnent
made, drawn, or endorsed by thh Cotporation.
FURTHER RESOLVED, That Bank is hereby authorized to bonor any and all withdrawals of the Corporation's funds payable to the officer or
agent signing, or countersigning the same, or payable to Bank, whether such withdrawals are presented for cash or for credie to the personal acCOun' of
such officer or agent or the person presenting the same, and Bank need make no inquiry concerning any such item.
FURTHER RESOLVED, That the Secretary or any Assistant Secretary shall certify to Bank the names of the presenth- duly eleered and qualifying
officers of this Corporetion as well as the persons authorized hereunder, and shall from time to time hereaf,er, as changes in the personnel of said officers
or ,he penons authorized hereunder are made, immediately certify in writing such changes to Bank, and Bank shall be fully proteCted in relying on such
written certifications of the Secretary and shall be indemnified and saved harmless from any claims, dem:lnds, expenses, losses, or dam·I,," resw,ie¡;
from or growing Out of honoring the sig!l:tture of any persons so certified or refusing to honor any slgnacure not so cettified.
FURTHER RESOLVED, The said authority herein conferted shall iemain in force until wri«en eotice of revocation thereof slull be received by
said Bank or a new resolution superseding the presetlt one.
FURTHER RESOLVED, That these resolutions and the authority herein granted shall pass· and inure to any successor or to the ~igns of Bank.
I further certify that the following are the names and the true and official signaturcs of the present officers of this Corporation and the persons
authorized to sign for and on behalf of this Corporation in the foregoing resolu:ions.
~~ç;ty Manager
Finance Director
~h~
r~ayor
1(~~~
,~~~~~~Tem
/j7 '1: /ì, I
(/' "1t.4{.~/..y;,.¿/ C/U_úfV....¿~
Cit
y Çøerna~
(SE.<\L)
T,.CaJU,"
IN WITNESS WHEREOF, I have hereunto set my hand as Secretary of said Corporation, and have attached hereto the official se..r of said Corpo-
r.don, this
d,y of
19_.
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