HomeMy WebLinkAboutResolution 1988-017
RESOLUTION NO. 88-17
Corporation Resolution Authorizing Opening and Maintenance
of a Checking Account
FIRST REPUBLICBANK RICHLAND, North Richland Hills, Texas
I HEFEBY CERI'IFY THAT at a meeting of the Board of Directors of
the City of North Richland Hills
a corporation hereinafter referred to as "Ccmpany," duly and regularly called, noticed
and held, and at which there was present, and voting a quorum of said Board, the
following resolution was unanimously adopted:
RESOLVED: That FIRST REPUBLICBANK, NRH, TEXAS, be and is hereby selected as a
depository for the funds of this canpany, and that said funds may be deposited
In an account styled as follows
Ci ty of North Richland
Hills ; that said funds shall be withdrawn fram said
depository on the check of this ccmpany, signed by any two
of the following representatives of this canpany, that checks, drafts, notes, bills of
exchange and orders for the payment of money may be endorsed by anyone of the
signatures hereby authorized, and deposited with you for the credit of said account
and that such endorserænts may be made in writing or by a starrp and wi thout
designation of the person so endorsing.
PLF..ASE PRINT PLAINLY :BEI:.aV THE NAMES OF ALL THOSE AUTHORIZED
'IO SIGN ON THIS ACCOUNT
Names of Signers Titles
Tommy Brown Mayor
Dick Fisher Mayor Pro Tem
Jeanette Rewis City Secretary
Any of the above named are hereby authorized to stop payment against checks of this
canpany and to bind the canpany thereto: It is further resolved that any indebtedness
created in connection with this account by any of the above named, whose signatures
shall be required on checks or drafts or other order of payment or fund transfers
shall be the debt of this canpany;
It is further resolved that the said Bank is hereby authorized to receive such drafts,
checks, notes or orders so executed for the credit of, or in payment fram, the payee,
or any other holder without inquiry in any case as to the circumstances of their issue
or the disposition of their proceeds whether drawn to the individual order of, or
tendered in payment of any individual obligation of, any of the above named,
That this resolution be retroactive for the period during which the ccrnpany account
has been carried with said Bank and that the action of said bank in paying such checks
on such signatures during that period is hereby ratified and confinned; that said
authority hereby conferred shall remain in force until written notice of the
revocation thereof shall be received by said Bank; and that the certification of the
Secretary of this ccmpany as to the election and appointment of the officers so
authorized to sign such checks and endorsements and as to the signatures of such
officers shall be binding upon this ccmpany.
TIT WITNESS WHEREOF, I have hereunto set my hand and the corporate seal of this Ccmpany.
this
23rd
day of
May
1988
~"~dZU tuuM
Secretary