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HomeMy WebLinkAboutR-1983-14 . , I RESOLUTION NO. 83-14 .....i CORPORATE RESOLUTIONS.# FIRST CITY BANK OF LA PORTE e I, the undersigned, hereby certify to First City Bank of La Porte that I am the (Assistant) Secretary of CITY OF LA PORTE , a corporation duly organized and existing under the laws of the State of ; that the following resolutions were duly adopted by the Board of Directors of said cQrporatlon (i) at a meeting, duo Iy held at which a quorum was present, held on, or (Ii) by unanimous consent of the Board of Directors of said corporation effective on, the day of , 19 _, and that such resolutions have not been rescinded or modified and are In full force and effect: RESOLVED, that First City Bank of La Porte (herein called the "Bank") be and Is hereby selected as a depository for the funds of this corporation; that checking and lor savings accounts be opened and maintained In the name of this corporation with the Bank on the terms and conditions from time to time adopted by the Bank as rules and regulations; that the President, any vice president or any other officer authorized to sign for this corporation as specified below, or anyone of them (herein called an "Authorized Officer"), are authorized to open said account, and to execute any agreement or signature card on behalf of this corporation In connection with or In furtherance of these resolutions; and that said checking or savings account may, in addition to the name of this corporation, bear any designation agreed to by the, Bank and any Authorized Officer, but all such accounts shall be general deposit accounts of this corporation regardless of any such designa- tion; FURTHER RESOLVED, that funds of this corporation shall be withdrawn from the Bank on the check or other written order of this corporation signed by any 1 (specify number) of the following officers of this corporation; that each of them Is authorized to endorse and cash checks and drafts for and on behalf of this corporation, or to otherwise transact business with the Bank; (Please print plainly below the names of the authorized signatory officers and their titles) Name Tille PLEASE ADD AN ADDI~IONAL SIGNATURE RICHARD HILLYER (PLATED AS ATTACHED) SENIOR VICE PRESIDENT JAMES BENEFITS e FURTHER RESOLVED, that any of said officers are hereby authorized on behalf of this corporation and in its name to purChase time deposits of whatever kind or nature; to endorse checks, notes, bills, certificates of deposit or other instruments owned or held by this corpora. tion for deposit in said account. or for collection or discount by the Bank; to accept drafts, acceptances or other instruments payable at the Bank; to waive presentment, demand, protest and notice of protest or dishonor of any check, note, bill, draft or other instrument made, drawn or endorsed by this corporation; and FURTHER RESOLVED, that the Bank Is hereby authorized to honor, receive. certify or pay all instruments signed In accordance with the foregoing resolutions even though drawn or endorsed to the order of any officer signing the same or tendered by him for cashing, or In payment of the individual obligation of such officer, or for deposit to his personal account; that the Bank shall not be required or be under any obligation to inquire as to the circumstances of the Issuance or use of any instrument signed in accordance with the foregoing resolutions or to the application or disposition of any instrument or proceeds thereof; and that the Bank be authorized to accept any check or other instru- ment for deposit without endorsement and supply any endorsement for this corporation on any check or other instrument tendered for any ac. count of this corporation with the Bank; and FURTHER RESOLVED, that any of the above named officers shall be authorized to individually sign for and receive the statements and cancelled vouchers of this corporation, or to appoint, In writing, agents to so sign for or receive such documents, and any of the above named officers are hereby authorized to stop payment against checks of this corporation and to bind this corporation thereto; and FURTHER RESOLVED, that any Indebtedness created in connection with this account by any of the above named officers of the corporation, whose signatures shall be required on checks or drafts of other orders of payment or fund transfers, shall be the debt of this cor- poration; and FURTHER RESOLVED. that the secretary or assistant secretary of the corporation shall certify to the Bank the names and signatures of the persons who are at present duly elected and Qualified officers of the corporation and are authorized to act hereunder and shall from time to time hereunder, as changes in the personnel of said officers or agents are made. immediately certify such changes to the Bank, and the Bank shall be further protected in relying upon such certifications of the secretary or assistant secretary, and shall be indem. nified and saved, from any claims, demands, expenses, loss or damage resu;ting from or growing out of dishonoring the signatures of any of. ficer so certified or by refusing to honor any signature not so certified; and FURTHER RESOLVED. that any Authorized Officer is authorized to rent, on behalf of this Corporation, a safe deposit box or boxes from the Bank; that any Authorized Office is authorized to have access to and enter such sa'e deposit box or boxes, and to place into or withdraw from such safe deposit box or boxes any property that such Authorized Officer may elect, and that any Authorized Officer may ex- ecute, for and on behalf of this corporation, any agreements that the Bank may require in connection with such safe deposit box or boxes; and FURTHER RESOLVED, that the foregoing resolution and the authority thereunder shall remain in full force and effect until written notice of amendment or rescission shall have been received by the Bank, and the receipt of such nolice shall not affect any action taken by....-. the Bank prior thereto; and FURTHER RESOLVED. that the secretary or assistant secretary be and is hereby authorized and directed to certify these resolu. t!ons to the Bank and that the provisions hereof are in conformance with the bylaws and articles of incorporation or charter of this corpora- tion. I further certify that the foregoing resolutions and powers therein granted conform to the bylaws and articles of incorporation or charter of this corporation now in force and effect. t;A. IN WITNESS WHEREOF, I have hereunto set my hand and seal of the corporation this the r:J-() day of ~ 19M ~ e ~~J;f4A/ Secretary or Assistant Secretary 10707 /7,811 CARGILL'S - HOUSTON