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Home My WebLink AboutResolution 1984-012 8L¡ - / P Resolutions of Corporate Board I. ,Tp;:¡npttp Moore SecreutT of North Richland Hills a corporation duJ., organized and ""'tlng under the laws of the State of 1'PY::¡':::' . and doing business in North Hichland Hills Tens. do hereby certify that I am keeper of the records and minutes of Ihe ptoceedings of the Board of DirectOrs of said Corporation. and Ihat on the 9th day of April . 19~. there was duly and legally held a meeting of said Board of Directors. at which a quorum of the Directors was present and aCting throughout, and at said meeting the following resolutions were unanimousl¡' adopted: RESOLVED, That NORTHEAST NATIONAL BANK. Fort Worth, hereinafter called "Bank", is hereby designated as a depositor'' of dús CorÞoration and that an account or accounts shall be established in behalf of this Corporation with Bank under the style of Co;ty of North Richland Hills under and subject to the rules and regulations as from time to time prescribed by Bank wherein may be deposited any of the funds of thi! Corpotation whether represented by cash, checks. nOtes. Or Other evidences of debt and from which withdrawLls are hereby authorized in the name of the corporation. by any two (N umb~ of sig""',,røs "qui,ød) of the following: Dan Echols - Mayor ) f-r1...lc _tj ~-".)qch_él_:t;ª_._P.~:".~::;-2r. - Mayor Pro Tern Jeanette Moore - City Secretary IT IS FURTHER RESOLVED that any of the above-nam.-d parties shall ~/aUthOrized to individually sign for and receive the s"«'IDen" and cancellt'd \'ouchers of [his corporation. or to appoint in v;riting. agents to sign for and receive such document5. and any of the abovt"--name-d parties arc hereby further authorized to stOp payments against checks of thi, corporation and to bind the corporation thereto. Endorsements for d...posit may be by written or stamped endorsement of the Corporation without designation of the party making the endorsement. FURTHER. RESOLVED, That any rwo IN"mh" of signfl/ures ,.qui,ed) o,..w,~~ ~ +i\~~ -l)~~~, '/.,... ¿~" C,./ ,.A L-' ) ¿'L 7 ,:¿u -' i~=-" C_' D~n Echo),:::. - M~ynr Co 'R;('l1~nì D,;vi R Jr,. - Mayor Pro Tern Jeanette Moore - City Secretary may from time to time borrow money in the name of the Corporation from the B and give the Corporation's nor"" Or Ofher evidenc... of indebted. ness tberefor. in such amOunts and for such time and rate of interest as mol' be deSignated on said nOtes or other evidences of indebtedness or as may be the Bank's custom, and any of said persons may secure the payment of any or LlI indebtedness and obligations of the Corporation to Bank by the exe. cution and delivery for and on behalf of the Corporation of deeds of trUSt. assignments. chattel morq;ages, separate collateral agreements, pledge agree. ments, loan agreemenrs. and orh...r security agreement>, as well as any orher agreemenr that may be required by the Bank. wherher similar to any of those enumerated or nOt. which said agreements Ot instruments may. among othet things, pledge, encumber. convey. or cover any or all properties of the Corporation, including bills. nores. accounts receivable, stocks. bonds, rea] estate and persow property, as well as any other property and assets of the Corporation, whether similar to those enumented or not, and the nOtes. bills. accounts. certificates of deposit, and Other receivables and instruments owned by said Corporation may be uansferrød to said Bank for rediscount or for purchase or for collection On tne endorsement of any of said persons; and any of said persons shall have authority to waive demand, prOtest, and notice of protest or dishonor of any check, nore, bill. draft. or other instrument made, drawn. or endorsed by this Corporation. 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 th... sam.... or payable to Bank, whether such withdrawals are presented for cash or for cr.-dit to the personal account of such officer or agent Or th... person presenting the same, and Bank need mak... no inquiry concerning any such item. FURTHER RESOLVED, That th... S...cretary or any Assistant Secretary shall certity to Bank the names of th... presently duly eleered and qualifying officers of this Corporation as well as the persons authorizød hereunder, and shall from time to time hereafter. as changes in the personnel of said officers or the persons authorized hereunder are made, immediately certify in writing sucb changes to Bank. and Bank shall be fully protected in relying on such writlen certifications of the Secretary and shall be indemnified and savød harmless from any claims. demands. expenses, losses, or da.tIla8es resulting from or growing out of honoring the signature of any persons so certified or refusing to honor any signarure nOt so c...rtifiød. FURTHER RESOLVED, The said authority herein conferred shLlI remain in force until written norice of revocation thereof shall be received by said Bank or a new resolution superseding the present one. FURTHER RESOLVED, That these resolutions and the authority herein granted shall pass and inure to any successor or to the assigns of Bank. I further certify' that the following are the names and the true and official signatures of the present officers of this Corporation and the persons authotj')to ~ig~ f:: an~haIf Jf thiJ ~ration in the foregoing resolutions. ~~ P,.ridNU C:t\ I cÝvIw j)Avc1~ ('~ ¿LK-L!ZZj 772 ~Y I' --A;JiJ/atU Sec"úry If icø P"silh,,/ !1JJlJJant T"ilJUrer ~""/tIr')' (SEAL) T,usur" IN WITNESS WHEREOF, 1 have bereuoto set my hand as Secretary of said Corporation. and ha\"e attacb.-d hereto the officiLl seLl of said Corp<>- ration, this 9rn day oi ApT; 1 , 19---8á J cr,.¿á-.-<Á:z'Lu 'f/) tHi'Æc S",8/"" I FORM al