Loading...
HomeMy WebLinkAboutResolution 1980-019 CITY OF 502 505 508 012. NORTH RICHLAND HILLS 521 8 504 624 8 504 026 6 032 3 504 232 0 5Res1ØIuHons 2 507 895 1 507 852 2 Jeanette Moore 500 700 0 504 315 0 503 228 9 502 027 4 504 028 2 of Corporate Board 503 229 7 50Lt 915 0 ¡;J,O 504 626 3 505 048 9 507 377 0 507 062 6 ~( 9f)Jjf Secretuy of I, City of North Richland Hills I a corporation duly organized and existing under the laws of the State of Texas ' and doing business in r· nrth Ri r:h 1 i'I ncl Hi 11 s Texas, do hereby certify rhat I am keeper of the records and minutes of the proceedings of the Board of Directors of said Corpohtion, and that on the qth day of JllnE' 19--8.0there was duly and legally held a meeting of said Board of Directors, at which a quorum of the Direcrors was present and acting throughout, and at said meeting the following resolutions were unanimously adopted: RESOLVED, That NORTHEAST NATIONAL BANK. Fort Worth, hereinafter called "Bank", is hereby designated as a depœitory of this Corporation and that an account or accounts shall be established in behalf of this Corpontion with Bank under the style of under and subject to the rules and regulations as from time to time prescribed by Bank wherein may be depmired any of the funds of this Corpotatioo whether represented by cash, checks, nOtes, or other evidences of debt and from which withdrawals are hereby authorized in the name of the corporation, hy any two (N ttmber of signa/MBs reqttired) of the following: Dick Dave Faram Freeman Ruth Pinnpr Jeanette Moore Charles W. Williams IT IS FURTHER RESOLVED that any of the above-named parties shall be authorized to individually sign for and receive the st.1tements and cancelled vouchers of this corporation, or to appoint in writing, agents to sign for and receive such documents, and any of the above-named parties are hereby further authorized to Stop payments against checks of this corporation and to bind the corporation thereto. Endorsements for deposit may be by written or stamped endorsement of the Corporation without designation of the party making the endorsement. FURTHER RESOLVED, That any two (Number of signalttres required) of the following: Di ck Faram Ruth Pinner DoVE:' Frppmi'ln ,]pi'lnptte Moorp Charles W. Williams may from time to time borrow money in the name of the Corporation from ~e Bank and give the Corporation's notes or other evidences of indebted- ness rherefor, in such 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 Bank's CC3tom, and any of said persons may secure the payment of any or all 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, assigo.n:ienrs, chattel morrgages, sepgeate collateral agreements, pledge agree- ments, loan agreement', and other security agreements, as well as any other agreement that may be required by the Bank, whether similar to any of th~e enumerated or not, which said agreements or instruments may, among other' things, pledge, encumber, convey, or cover any or all properties of dle Corporation, including bills, notes, accounts receivable, stocks, bonds, real esrace and personal property, as well as any other propecry and asset! of the Corporation, wherher similar to those enumerated or not, acd the nOtes, bilIs, accounts, certificates of deposit, and other receivables and instrUments owned by said Corporation may be transferred ro said Bank for rediscount or for purchase or for collection on tne endorsement of any of said person.s; and any of said persons shall have authority to waive demand, prOtesr, 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 honor any and all withdrawals of the Corporation's funds payable to the officer or agent signing, or countersigning the same, or payable to Bank, wbetber such withdrawals are presented for cash or for credit to the personal account of such officer or agent or the p~rson presenting d1e same, and Bank need make no inquiry concerning any such item. FURTHER RESOLVED, That the Secrerary or any Assistant Secretary shall certify to Bank the names of the presendy duly elect"'! aod qualifying officers of this Corporation as well as the persons authorized hereundet, and shall from time to time hereafter, as cbanges in the personnel of said officers or the persons authorized hereunder are made, immediately certify in writing such changes to Bank, and Bank shall be fully protected in relying on sneb written certifications of the Secretary and shall be indemnified and saved harmless from any claims, demands, expenses, losses, or damages resulting fcom or growing out of honoring the sisnature of any persons so certified or refusing to honor any signature nOt so certified. FURTHER RESOLVED, The said authority herein conferred shall remain in force until ",rinen notice of revocation dlercof shall be reçeived by said Bank. or a new resolutioa. superseding the present one. l"URTHp~ !ESOLVED, That these r<solutions and the authority herein granted shall pass and inure ro any su"essor or to the assigns of Bank. I furth~f~Jci£Y that the following are the names and the true and official signature" of the presenr offiœrs of this Corporatioo and the persons :d j f~Co7'"'" in ,', "m"'.... ,.",ci~, 1i¿:"' -;7;~ :::.~;N~' 0:fc:~;dz¿¿;! 'Td~:-t/~ s....., ~~II(¿~}~ -1--:::' .- -I-<.ð A:.r LéK V-4-L-:.c. <'2_ Treasttrer '- .-iSJiIt¡;nt SßcreJar':l ÆssistaJJt Tre.:Jf,i.rc-r (SEAL) L'< WITNESS WHEREOF, I have hereunto set my hand as Secrerary of said Corporation, and have attached hereto the official seal of said Corpo- r;¡ÚO:1, this----9-t-A- day of June ~ "fUL _./¿L:-?J/ ~ 111 ~¿Æß--' SHr:"e a,,'V Ft""¡¡".;¡;...1 ::::..