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NON.PROFIT onGANIZATiON AUTHOnIZATI0,N.
<br /> FOR CASH ACCOUNTS ' '
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<br /> 98 9437 72~-04J74
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<br /> £ .q':.' n'li R A t; CO J N T'~'
<br /> PO SOX 707
<br /> CO~iCORDt NC 2~C26
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<br />TO: MERRILL LYNCN PIERCE FENNER & SMITH INC.
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<br /> BE IT RESOLVED: That this unincori~rated organization ........ ~../D~..~./Z....~...:~.....C..~.. .......................................
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<br />be, end it hereby is, authorized and empowered to open and maintain an account with MERRILL LYNCH PIERCE FEN-
<br />NER & SM ITH INC. and iL~ successors, by merger, consolidation or otherwise, and assigns, hereinaRer called the brokers,
<br />for the purchase and sale of stocks, bonds, options, or securities, on exchanges of which the brokers are members or other-
<br />wise, and that any of the officers hereinaRer named be, and he hereby is, authorized to give writton or verbal instructions .
<br />by tolcphone, or telegraph, or otherwise, to the brokers to buy or sell stocks, bonds, options, or securities, either for immedi-
<br />ate or future delivery and, if he deems proper to secure payment therefor with prope~y of this organization; and he shall at
<br />all times have authority in every way to biml and obligate this organization for the carrying out of any contract, arrange-
<br />ment or transaction which shall, for or on behalf of this organization, be entered into or made with or through the brokers;
<br />and that the brokers are authorized to receive from this organization, checks and draRo drawn upon the funds of this or- '
<br />ganization by any officer or employee of this organlzation, and to apPly the same ~o the credit of this organization or to its
<br />account with said brokers and the said brokers are authorized to receive from said officer(s) or frc,n any other officer or em-
<br />ployee ofthls organization, stocks, bonds, options, or securities for the occount of this organization with said brokers; said
<br />brokers are fi~rther authorized to accept instructions from any officer herein named as to the delivery of stocks, bonds, op~
<br />tions, or securities from the account of this organization and at his direction to cause certificates of stocks, b,~nds, options,
<br />orsecur t eshe nsn d account lo bo transferred t0 the name ofany ofi~sor hereinaRor named or of this organization in
<br />the discretion of said officer; nnd delivery to any such officer of such stocks, bonds, options, or securities, issued as directed
<br />by him, shall be deemed delivery to this organization; and any sucb officer shall have the fullest authority at al} time~ with
<br />reference to any transaction deemed by him to be proper to make or enter into for or on behalf of this organization with the
<br />brokers or others. Ali confirmations, notices and demands upon this organization may be delivered by the brokers verbally
<br />or in writing, or by telegraph, or by telephone to any such officer and he is authorized to empower any person, or persons,
<br />that he deems proper, at any time, or times, to do any and all things that he is hereinbefore authorized to do. That this reso-
<br />lution shall be and remain in full force and eiTect until xvritten notice of the revocation hereof shall be delivered to the bro-
<br />kers. The officer(s) herein referred to are named as follows, to-wit:
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<br /> Secretary o~
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<br />hereby certify that the foregoing is a tull, true and correct copy of a resolution duly and regularly passed and adopted by
<br />the unanimoas vote of the governing body of said organization at a meeting thereof duly
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<br />called and held at the office of said organization on/be .................. ~ ........ day of. ........................................................ 19 ...............
<br />at which meeting all directors were present and voting; that said resolution appears in the minutes of said meeting, and
<br />that the same has not been res'cinded or modified anti is now in full force and effect.
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<br /> Any modification made to this authorization is subject to the approval of Merrill Lynch Pierce Fenner & Smith Inc.
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<br /> I further certify that said organization is duly organized and existing, and has the power to take the action called for
<br />by the foregoing resolution.
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<br /> Secretary
<br />SEAL ~
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