HomeMy WebLinkAboutResolution 1978-008
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Resolutions of Corporate Board
I,
Jeanette Moore
Sen=ry of
C,iTY of NorTh Ri~hlRnd HillR
, a coq:)()r:1tÏon
Texas
North Rich1and Hills
duly org2nizod and e-:tisting under the laws of the s..~ of
Tens, do hereby certiIy that I am keeper of the rccorcU
8th
, and doing bus¡n,",s ; n
and minutes of the proceo<!ing' of the Board of Directors of said Corporation, and tha, on the
day of
of Directors, at which 3 quorum of ,he Directors was present and acting
adopted :
RESOLVED, That NORTHEAST NATIONAL BANK, Pon Worth,
May
78
, 19_, there wa.< duly and legally held a m""tin;¡ of .aid Boud
throughout, and at said meeting the foHowing resolutions wet< tloa<'limously
hereinafter called "B,nk", is hereby designated
:!3 a
depository of thi1
Corporation ond that an aCCount or accountS shall be established in behalf of this Corporation with Bank uoder the sryle of
Attached List
uoder aod subject to the rules and rtgularions as from time '0 time pre5cribed by Bank wherein may be dep",ited any of the flIO.J. of thi< Corporotion
whetb~r represented by c;lSh. checks. notes. or other evidences of debt and from \\'hich withdrawa..!s are hct~hy autholiz~d in th~ n:une of th-e coq-.oratÌon.
Jeanette Moore
-44-MP:S
r.:-
,
L'ðJ'(J
500-700-0
504-315-3
503-228-9
503-~?9-7
504-915-0
SðZ=-s-tl 8
504-624-8
504-026.6
504-027-4
504-028-2
-5.0.4=:.62 6 - 3
505-048-9
SOS 032-3
504-232-0
by any
-Ì:.tJo (7)
(N_h,. of si;r;fSlIIlW#1 ,.#q"i"rJ)
r.{ the following:
M.
E.
Riddle
Dick Faram
Rut.l+-Pinner
. 507-0h3-6
IT IS FURTHER RESOLVED tha~ any of rhe above-nouned parties shall be authorized ro individllally sign for and receIve the statement> and
cancelled vouchers of ,his corporation, or to appoint in writing, agents to sign for and receive such documents, and any of the above-n:uned parti~ ore
hereby further authorized to stOp payment..'; against checks of this corpDrarior\ :md to bind thc corpora.tion thercro. Endorseme--nrs for deposit m"y be b¡
written or stamped endorsement of the Cotporation without d,..ignation of the parry making the endor.,ement.
FURTHER RE.SOLVED, That aI1Y___
___of the followin;;:
(Nymh(]f' of rign"'yuJ "'luiutJ)
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may from time to tim,' borrow money in ,he name of the C.orporarion from the Bank and give ,he Corporation's nor-... or crher evidences of indebtro-
nC"Ss. therefor. in such amounts and for such time and rat~ of int~rest as may be d~s¡gnated on said notes or other evidences of indebt~daes~ or oU r:rL\f be
the Bank's cusrom, and any of said persons may secure the payment of any or all indebtedness and oblig,tion, of th" Corporation to Bank by ,he exe-
cutioa and delivery for and on behaII of the Corporation of decd3 of trust, assignmeots, chattel mortgages, sepa.r:lte collateral 3.g.rcemtt'lct. pledge a<;ree.~
monrs, loan agreements, and ocher security agreements, a3 well as any Other agreement rhat may be required by ,he Bank, wh<'ther ,¡mUar to any of those
enumer:ued or nOt, which said agreements or iD3uuments may, among other things" pledge, encumber, convey, or cover any or aU propcrrit!S of th~
Corporation, including biUs, notes, accounts receivable, .rock., bonds, =1 e'tate and permn;ù prop:rry, as well a.s any other property <lnlt a3SetJ of the
Corporation, whether similar to thos~ enume-rated or not, and the notes, bUh. accouocs, certificates of deposit. and other. recciva.bit"i and ieJtrurneDt$
owned by ."id Corporation may be rraD3ferred to .aid Bank for rediscount or for purchase or for CO!lecriOl1 on the endorsement of any of said pe.,oo,;
and any of said perrow shall havo "uthority to waive demand, prOt"'t, and notice of protest or dùhonor of sny check, note, bi!!, draft, or orher iostrumM'
made, drawn. or endorsed by thi, Corporation,
FURTHER RESOLVED, That Bank is hereby authorized to honor any and all withdrawals of the Corpotation', funds payable to rhe offic"r Ot
agent signing, or countersigning th<: SJ.IDe, or payable to Bank, whiOther .uch withdrawals are presented for c¡J,Sh or for credit to Òe personal account of
such officer 0: agent or the person. presenting the same, and Bank. need make nO inquiry concerning any such item.
FURTHER RESOLVED, That the Secretary or any ksiscant Secretuy sholl certify to Bank the flames of the presently duly elec'ted "c.d qualifying
officers of this CorporatiOll as well as the persons authorized hereunder, and shan from time to time hereafter, as chlagd in ,he penon"el of uiJ cffic"".
or the persons authori~od hereunder are made, immediately cerrUy in writing such changes to Banl<, and Bank shall be fully protected in re1ring on such
written cettifications of the Secretary and shall be indemnified and saved hum!e" from any claim" demands, <:xpen.scs, 100s,'5, or damlg", rcsul,ic.¡;
frorn or growing out of honoring r...'1c signature of any persons so c~rtiiicd or refusing: to honor any ~ignature Dot so certifie-<I.
FURTHER RESOLVED, The .aid authority herdn conferred .hall remain in force until written norice of rovoation meteof sh,ll be œccived by
said Bank or a new resolu,ion superseding the present one,
FURTHER RESOLVED, That these resolutions and the authoriry herein granted shall p,,-,s a,~d inure <0 ""y succeSSOt or to the :u;igns of Dank.
I funhet ,certify that the following arc t.he namC$ and the true a.nd official signan.lff:5 of thl'!' pr(".sent officers of thi,; Cor;~orJ.tioa. ;rp...d the þcr~oni
authorize-d to sigo for and Ort ~hill of this CorþOratiol1 ia the foregoing re1011Jt1ons,
..----.-.------"..--
-. ___._..".,_._.__,______._.~~.~.___ÁJrjJ:.HJ Stcrowy
PnJ~tf
~___._.__,_______~~__._~_.._ÆJJÙ:,::fl; Tr¿'':¡;J ¡¥~'r
) ßC( ~Ja1'1
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(SEAl.)
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\'V1TNF..5S \"'HEREOF, I ha\'c hereuDto set my haud ~ Secreta1"Y of said (__O,¡,()!arion. õ!nd In'.!<,: <J_[ti1ch~ h~re[() the oHici~ ~e-<ù of s:Úd Corpù·
ra:ion, thi'__8.tÞ-___<i>.y of
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FOR,., a,