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Res 217 CORPORATION ' ~ ~ 'i RESOLUTIONS ''~ ~ :~, Mae W. Cramp, ,~.m~j~ of City Clerk & Treasurer of City of Deiray Beach, , a corporation organized .and exist, trig Ender aed by virtue of the laws of the State of Florida , do hereby certify that at a meeting of the ~~~f~ said corporation duly called and held on the 25th day of April , :9 38 , at the ~ of said corporation, at which a quorum was present and voted, the following resolutions were unanimously adopted: ] Resolved, Tt~at Mae '~. Cramp, City Clerk and C.W. Hill, Mayor is (are) hereby authorized to 'open and from time to time reconcile an account, or accounts, for and in the name of the corporation with West Palm Beach Atlantic National Bank, West Palm Beach, Florida, the same to be subject to with- drawal by checks, notes, drafts, bills of exchange, acceptances, orders, or other instruments for the withdrawal 'of funds when signed, made, drawn, accepted or endorsed on behalf of this corporation by the following: Mae W. C~a~p, City Clerk C.W. Hill, Mayor, or in his absence or disability by $.K. Gwynn, Vice-Mayor (Specify office --- and in what manner -- singly or jointly) & Mayor or City Clerk & Vice-Mayor To be signed Jointly by City Clerk n I~ESOLVED, That said bank is hereby authorized to pay or cash any of the instruments described in the pre- ceding paragraph and any instrument payable to or held by this corporation, and also to receive the same for credit to the account of or in payment from the payee o'r any other holder thereof (including any officer or agent of this corpora- rich) without limitation of amount and without inquiry as to the circumstances of issue or endorsement thereof, or the disposition of the proceeds thereof, even if drawn, endorsed, or payable to cash, bearer, or to the individual order of ,any ..signing officer or agent, or tendered in payment of his in.dividual obligation when such instrument or instruments are endorsed on behalf ~of this corporation by the following: Mae W. Cramp, Cit~, Clerk C.W. Hi~l, Nayor, or in his absence or disability by ~r.K. Gwynn, Vice-M~yor (Specify office -- and in what manner -- singly or jointly) To be signed Jointly III RESOLVED, That C.W. Hill, ~_ayor,_or in his absence or d~.sability t~peClIy office ~ and in what manner -- singly or jointly) be and they are hereby authorized to borrow money from time to time on behalf of this corporation from West Palm Beach Atlantic National Bank, West Palm Beach, Florida, upon such tsrms and conditions as may seem to them ad- visable, and with or without security, executing in connection therewith such documents, notes or other instruments aa may be necessary to procure the s~me. IV RESOLVED, That ~B.e W. Er,amp, City Clerk C.W. Hill, ,Nayor, or in his absence or disability by ~I.K. Gwynn, Vice-Mayor is (are) hereby authorized to sign negotiable or non-negotiable instruments, indemnity, or other agreements, assign- ments, endorsements, hypothecations, receipts, or other documents in connection with transactions between or through said West Palm Beach Atlantic National Bank and this corporation; to sell, re-register, pledge, transfer, set-over, or make negotiable for the benefit of the corporation, or as security for the corporation's loan any registered or unreg- istered collateral or other assets owned by the corporation, to execute any documents necessary in connection with trans- actions between or through said West Palm Beach Atlantic National Bank and this corporation. V RESOLVED, That all the foregoing authorities shall be and continue in full force and effect until revoked or modi- fied by written notice actually received by said W.est Palm Beach Atlantc Natioraal Bank, West Palm Beach, Fl'orida, setting forth a resolution to that ef/ect, stating to have been adopted by the Board of Directors of this corporation and signed by the secretary of this corporation, and bearing this corporation's seal; and Said West Palm Beach Atlantid Nati'onal Bank is hereby authorized and directed to at all times rely upon the last notice received by it of any resolu- tions as to the foregoing authorities, and as to the persons who from time to time are its officers, and their signatures, when such notice bears this corporation's seal and is signed by one purporting to be its secretary. I certify that-the foregoing resolutions are not contrary to the charter and By-laws of the corporation, and the same are now in full force and effect. In W~itness Whereof I have hereunto caused my hand and the ,seal of the corporation to be hereunto subscribed, this 25 day of April , ~s 38