HomeMy WebLinkAboutResolution No. 88-34 . RESOLUTIONS TO GOVE�ii� NANDLiNG OF ACCOUNT
(COR PO RAT 10 N-ASSOC I AT I ON)
TO: TEXAS COMMERCE BANK FRIENDSWOOD FRIENDSWOOD,Texas
IT IS HEREBY CERTIFIED that the (che::k if "a Corporation" is checked below: ❑the Board of Directors of)
C.i.ty o� �n,i.end�waad Band � Cau�on Accoun,t
rg�TA�
❑a Corporation ❑�n Association, hereinafter referred to as "Company,"at a meeting held on the /� day of Ja��-y ,
19 �9,which was duly and regularly called, noticed and held,and at which there was present a quorum thereof,the following resolution was
unanimously adopted, to wit:
RESOLVED: That TEXAS COMMERCE BANK—FRIENDSWOOD, FRIENDSWOOD, Texas ("Bank"►, be and is hereby selected as a
depository for the funds of Company; that Bank is authorized to obtain such information from such sources, including credit investigation,as
it deems appropriate to satisfy itself as to Company's acceptability as a customer;that the funds of Company be deposited in an account styled
as follows:
C,i.ty a� F�r,i.enc�swoad Bond � Coupan Accaunt
that the funds shall be withdrawn from said account on the check of Company when signed by (SPECIFY NUMBER OF SIGNATURES
REQUIRED ON CHECKS) TCVU SIG. of the following officers of Company;that they are authorized for and on behalf of Corripany,
to endorse for deposit or for encashment,checks and drafts and to demand and receive the proceeds thereof:
PLEASE TYPE OR PRINT PLAINLY BELOW THE NAMES OF THE AUTHORIZED SIGNATORY OFFICERS.
(Designate special combinations, if any.)
NAME TITLE
Ronald H. Ritter Councilman
Annette Brand City Manaqer
Deloris McKenzie City Secretary
Lynn J . Bucher Administrative Accountant
FURTHER RESOLVED: That any of the above-named officers shall be authorized to sign individually for and receive the statements
and cancelled vouchers of Company, or to appoint in writing agents to so sign for and receive such documents, and any one of the above-
named officers is hereby further authorized to stop payment against checks of Company and to bind Company thereto. It is further resolved
that any indebtedness created in connection with this account by any of the signing officers of Company, whose signatures shall be required
on checks or drafts or other orders of payment or funds transfers,shall be the debt of Company.
FURTHER RESOLVED: That Bank is hereby authorized to receive such drafts, checks, notes or orders so executed for the credit of,
or in payment from, the payee or any other holder without inquiry in any case as to the circumstances of their issue or the disposition of
tlieir proceeds whether drawn to the individual order of, or tendered in payment of any individual obligations of, any of the officers above-
nameci,or other officers of Company or otherwise.
FURTHER RESOLVED: That the Secretary or Recording Officer of Company be and hereby is authorized and directed to certify
to Bank the foregoing resolutions and that the provisions thereof are in conformity with the charter, bylaws or articles of association of Com-
pany and that the foregoing resolutions and the authority thereby conferred shall remain in full force and effect until Company notifies Bank
to the contrary in writing and Bank may conclusively presume that such resolutions are in effect and that the persons identified from time
to time as officers of Company by certificate of the Secretary or Recording Officer have been duly elected or appointed and continue to
hold such offices.
It is further certified that the foregoing resolutions have never been modified or amended and are now in full force and effect and that
the at�ove-named officers of Company have been duly elected or appointed to hold otfice and are presently holding office and are empowered
to act for and on behalf of Company in any of its business with Bank within the authority prescribed in the foregoing resolutions.
(1) If a Corporation,sign below: (2) If an Association, sign below:
In Witness Whereof, I have hereunto set my hand and seal of In Witness Whereof,we have set our hands this day of
this Corporation this�/day of �/V���� , 19_
y
19
C' Secretary or Recortlin9 Officer
S' q
ecret ry Presitlent or Presiding Officer �� �y
SEAL
APPROVED:
Retiring Secty.
� Retiring Pres.
P-013-05045 (Re