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Home My WebLink AboutResolution 1982-004 RESOLUTIDNNO'., 82-4 Resolutions of Corporate Board I, Jeanette Moore City of North Richland Hills 5«mao' of \I corporatioo dulyor¡:anizedandexistinguoderthe1awsoftheSrateof Texas , and doing busioess in North Richland ~ills Texas, do hereby certify that I am keeper of the records and mioutes of the proceedings of the Board of Directors of said Corporation, and. [bat 0:1 [be 11 t h day of J a n LJ a r y . 1982--, thm was dul, and leg:ÜI, hèld a mL'eùng of nid Bœrd at wbich a quorum of the Directors w:IS present and acring throughout, and at said meetiog the following resolutions were unaaioo"sly of Di~ectors. adopted: RESOLVED, Th:rt.· NORTIiEAST NATIONAL BANK, FOrt Wolth, heteinaf[er called "Bank", is hereby designated as a depository of this Corporation and that an accouot or accounts shall be establisht'<l in bebalf of this Corporation with Bank under tbe style of see attached list u"der and subject to the rules and regulations as from time to time prescribed by Bank wherein may be deposiced aoy of tbe funw of chis Corporation whemec repcesen[ed by casb, checks, nores, or other evidences of debt and from which wimdrawals are hereby authorized in the name of the corpo,acion. by any two (2) (Numh.". of I;gfhllu,øl ,øqu;,ød) n~ the foHowiog: ~yor Dick Faram ~1ayor Pro Tern Dave Freeman Jeanette Moore IT IS FURTHER. RESOLVED that any of the above-named parries sha11 be authorized to individually sign for and receive the stacemenrs and "nce!!ed "vuchen c,f this corporation, or to appoint in wriring. ageors ro sign for tnd receive such documents, and any of the above-n1med p:mies are hereby fureher authorized t9 StOp payments againsc dleck~ of this corpor"tion and to bind che corporation [heceto. EndorsemenL' Cor deposit may be by w riteeo or scamped endorsement of the Corporation without designation of the party makiog the endorsem~nt. FURTHER RESOLVED, That any Þ'IO ~ 2t of the foltowlos: (Numhør 'of sig trI: t'1 '~1',;'ød) Mayor Dick Faram Jeanette Moore _Mayor Pro TernLD9ve Freeman ----'--"- '·1 I' m,.}· from time to time bocrow money ia the Dame of the Corporation from the lIank and she the Corporation's notes or other evidences of indebted· ness therefor, in su,h amounts and for such time and race of interest as may be desigaated 00 said nOtes or omer evidences of iadebredaess or as m"y be the Daak', custom, and any of said persons may secure the 'payment of an, or alt iadebredness and obli8"tions of the Corporation to Baak by the exe- cmion nnd delivery for aad on behalf of the Corporarion of deeds of truSt. assig=ents, ch"tte! mocrgages, scp:trate collJteral agreemen", p!cxh:e agree· C1lents, I~Jn agreemenrs, aad other security agreemea!S, as well :IS IIny ~her agreeClent thar may be required by the B"ok, whecher simi!ar [0 any of those eaumera,ed or noc, which said agreemenrs or instrumenrs may, among ocher thin.... pl:i!ge. encumber, convey, or cover any or all propercies of the Corporation, including biUs. nor.es, IU:couors receivable, stocks. bonds, real estate and personal propecty, as well as any other property and assetS of the CO/pOr1tioa, whecher similar to those enumerated Ot not, and the nOtes, bills, accounts, certificatd of deposit, and ochet receivables and inscronleors owned by said Corporatio<1 may be transferred to said Baok for rediscount or for purchase oc for conection On tne endorsement of aDY of said persons; and any of said persons shall have authoricy to waive demand, prOtesr, and notice of protest or dishonor of any check. nOte, bill, cUafr, or other instrument made, drawo. or endorsed by rhis Corporation. FURTIiER RESOLVED, That Bank is hereby authorized to honor any a.nd aU withdrawals of the Corporation's (uDds payable to the o£ficer or agent signing. or countersigning the same, or payable to Bank, whether such withdrawals are presented for cash or for credit to the persona! a"ouot of such officer or ageor or the p:-rson pcesenting the same. aod Bank need make DO inquiry conceraicg any such item. FURTHER RF.sDLVED, That the Secrecary or any Assisont Sec=ry sh:ùl cerdfy [0 Bank the D:unes of the prese<1t1y duly eleered and qualifying officers of <his Corporation as well as rhe persoD.' authorized hereunder, cnd ShlU irom cime to rime here:úter, liS changes in the personnel of said officers oc the persons authorized hereunder ace made, immediately certify in writing such changes to n:>ok, and J\3nk shall be fuUy protected in rel,ing 00 such \ninen certifications of the Secretary and shall be iodetnnified and saved harmless from any cbims, demanw, expenses, losses, or damages resultic!: frúrn or growing out of honoring the sig"",cure of any persons so certified or refusing to hOtlor any signature oot so certified. FURTHER RESOLVED. The sa.id authority herein conferred shall remain in force until written notice of revocation thereof shall be received by said B10k or a new reso:ucion superseding the present one. fURTHER RESOLVED, Thlt these resolutions and rhe authority h~rein granted shall 1'355 and inure to any successor or to ù,e assigm of D:mk. I furmer ~crcify that the following are the n:unes and rhe trUe and official signatures of the present officers of [his Corporation and the persons a ",",orized to si¡îÍ for :o.od on LehalI of this Corporation in the (ore,;;olos resolutions. ~tk ~.£.d >< / ,øridlnl .1u'sfalU S ..,dt.J'l .--- ::m t~ '----"" V kø P,øriJen, J1fIJÙJilnl "£r':J1;J~4r ~ "",''':! (SEAL) T,lIIJIu,,,, r.=.:ioa, thl.i IN WITNESS WHEREOF, I have hereunto set I11Y hand as Secretary S¡' cby of 7:¿...-¡/<Á-·¿·¿;U<.Al-' of uid Corporation, and b.1ve attached herero tbe official .oal of ..iJ Cotpo- / / ,.;z:/< . Clt~' 1,_. 9: ~ 4~ ) ( .' 'ßa41'~¿ZZ'¿) ~ijZ'(-&!,·ff:"./ Søc,ø,,,,:!..·· ¡:n~..., ;¡..