BC 2006 04 17 REGULAR - Laserfiche WebLink

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April 17, 2006 - Regular Meeting Page 574 A, B (1) Exercise all of the powers listed in this 1 resolution A, B (2) Open any deposit or share account(s) in the 2 name of the corporation. A, B, C, D (3) Endorse checks and orders for the payment 1 of money or otherwise withdraw or transfer funds on deposit with this Financial Institution A (4) Borrow money on behalf and in the name of 1 the Corporation, sign, execute, and deliver promissory notes or other evidences of indebtedness A (5) Endorse, assign, transfer, mortgage or 1 pledge bills receivable, warehouse receipts, bills of lading, stocks, bonds I real estate or other property now owned or hereafter owned or acquired by the Corporation as security for sums borrowed, and to discount the same, unconditionally guarantee payment of all bills received, negotiated or discounted and to waive demand, presentment, protest, notice of protest and notice of non-payment. A (6) Enter into a written lease for the purpose 1 of renting, maintaining, accessing and terminating a Safe Deposit Box in this Financial Institution. (7) Other LIMITATIONS ON POWERS: The following are the Corporation's limitations on the powers granted under this resolution. express EFFECT ON PREVIOUS RESOLUTIONS: This resolution supersedes resolution dated prior to 12/31/2005. If not completed, all resolutions remain in effect. CERTIFICATION OF AUTHORITY: I further certify that the Board of Directors of the Corporation has, and at the time of adoption of this resolution had, full power and lawful authority to 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 the same (Apply seal below where appropriate.) If checked, the Corporation is a non-profit corporation. In Witness Whereof, I have subscribed my name to this document and affixed the seal of the Corporation on April 19, 2006. Kay Honeycutt /s/ Kay Honeycutt Attest by One Other Officer Frankie F. Bonds /s/ Frankie F. Bonds secretary/Clerk to the Board RESOLUTIONS The Corporation named on this resolution resolves that, (1) The Financial Institution is designated as a depository for the funds of the Corporation and to provide other financial accommodations indicated in this resolution. (2) This resolution shall continue to have effect until express written notice of its rescission or modification has been received and recorded by the Financial Institution. Any and all prior resolutions adopted by the Board of Directors of the Corporation and certified to the Financial Institution as governing the operation of this corporation's account(s), are in full force and effect, until the Financial Institution receives and acknowledges an express written notice of its revocation, modification or replacement. Any revocation, modification or replacement of a resolution must be accompanied by documentation, satisfactory to the Financial Institution, establishing the authority for the changes. (3) The signature of an Agent on this resolution is conclusive evidence of their authority to act on behalf of the Corporation. Any Agent, so long as they act in a representative capacity as an Agent of the Corporation, is authorized to make any and all other contracts, agreements, stipulations and orders which they may deem advisable for the effective exercise of the powers indicated on page one, from time to time with the Financial Institution, subject to any restrictions on this resolution or otherwise agreed to in writing.