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<br />CORPORATE AUTHORIZATION RESOLUTION
<br />
<br />First Charter
<br />Professional & Executive Banking
<br />845 Church St. N.
<br />Sui te 305
<br />Concord,NC 28025
<br />Referred to in this document as "Financial Institution"
<br />
<br />BY:Cabarrus County
<br />General Operating Account
<br />Attn: Finance Dept
<br />PO Box 707
<br />Concord NC 28026-0707
<br />Referred to in this document as "Corporation"
<br />
<br />I, Frankie F. Bonds , certify that I am Secretary (clerk) of the above named corporation organized under the laws of
<br />North Carolina , Federal Employer 1.0. Number 56~6000281 , engaged in business under the trade name of
<br />Cabarrus County , and that the resolutions on this document are a correct copy of the resolutions
<br />adopted at a meeting of the Board of Directors of the Corporation duly and properly called and held on (date).
<br />These resolutions appear in the minutes of this meeting and have not been rescinded or modified.
<br />AGENTS Any Agent listed below, subject to any written limitations, is authorized to exercise the powers granted as indicated below:
<br />
<br />Name and Title or Position
<br />
<br />x cRJj1:~
<br />:~~:
<br />X~Cl- Q,fulU<.d:fL X
<br />
<br />X X
<br />
<br />Facsimile Signature
<br />(if used)
<br />
<br />A. Pamela S Dubois - Deoutv County Manaaer
<br />
<br />
<br />B. Robert W Carruth -Chairman Board of Com
<br />
<br />. Asst. Finance
<br />c. Susan B. Fearr1ngton, Director
<br />
<br />D, '.Shelley B. Farris, Acc to Op. Supervisor
<br />
<br />
<br />E. Margaret R. Burnette, Accountant
<br />
<br />X
<br />
<br />F.
<br />
<br />POWERS GRANTED (Attach one or more Agents to each power by placing the letter corresponding to their name in the area before each power.
<br />Following each power indicate the number of Agent signatures required to exercise the power.)
<br />
<br />Indicate A, B, C,
<br />0, E, and/or F
<br />
<br />A,C
<br />
<br />Description of Power
<br />
<br />Indicate number of
<br />signatures required
<br />
<br />(1) Exercise all of the powers listed in this resolution.
<br />
<br />1
<br />
<br />A,C
<br />
<br />(2) Open any deposit or share accountls) in the name of the Corporation,
<br />
<br />1
<br />
<br />A,B.
<br />
<br />.3) Endorse checks and orders for the payment of money or otherwise withdraw or transfer funds on deposit
<br />with this Financial Institution,
<br />
<br />2
<br />
<br />A
<br />
<br />(4) Borrow money on behalf and in the name of the Corporation, sign, execute and deliver promissory notes
<br />or other evidences of indebtedness.
<br />
<br />1
<br />
<br />A
<br />
<br />(5) Endorse, assign, transfer, mortgage or pledge bills receivable, warehouse receipts, bills of lading, stocks,
<br />bonds, real estate or other property now owned or hereafter owned or acquired by the Corporation as
<br />security for sums borrowed, and to discount the same, unconditionally guarantee payment of all bills
<br />received, negotiated or discounted and to waive demand, presentment, protest, notice of protest and
<br />notice of non-payment.
<br />
<br />(6) Enter into a written lease for the purpose of renting, maintaining, access-ing and terminating a Safe
<br />Deposit Box in this Financial Institution.
<br />
<br />1
<br />
<br />A
<br />
<br />1
<br />
<br />171 Other
<br />
<br />LIMITATIONS ON POWERS The following are the Corporation's express limitations on the powers granted under this resolution.
<br />
<br />EFFECT ON PREVIOUS RESOLUTIONS This resolution supersedes resolution dated prior
<br />CERTIFICATION OF AUTHORITY
<br />I further certify that the Board of Directors of the Corporation has, and at the time of adoption of this resolution had, futl power and lawful authority to
<br />adopt the resolutions on page 2 and to confer the powers granted above to the persons named who have full power and lawful authority to exercise
<br />the same. (Apply seal below where appropriate.)
<br />o If checked, the Corporation is a non-profit corporation.
<br />
<br />12-31-05
<br />to . If not completed, all resolutions remain in effect.
<br />
<br />In Witness Whereof, I have subscribed
<br />of the Corporation on
<br />
<br />my name to this document and affixed the seal
<br />{date}.
<br />
<br />Attest by One Other Officer
<br />
<br />Secretary
<br />
<br />Ex:'{5e?tl,.'" @ 1985, 1997 Bilnkars Systems, Inc., St. Cloud, MN Form CA-l 5/112003
<br />
<br />F-~
<br />
<br />(page 1 of 2)
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