RE S O L U T I O N N O .

9 RESO LUTI O N O T T H E C I T Y O F P E L I C A N B A Y Aut hor it v to Procure Copy) Secretary of ls the a true of of the City of seal of Loans (Certified I HEREBY CERTI FY t hat Bay , Cit y ; Tex as t hat duly in I am t h e City

Pe lic an of s aid

and t he t he

keeper

records

and City

f ollo w i n g at

and correct the Board at of force. o its of

copy

resolut ions th er eof Pe lic an 79 g E held

adopt ed

a meeting with its Lfu' now in

Aldermen at

ac c or dan' c e Halt t he on

by-laws day fufl

offices

Bay Cit y , and t hat

Lne

s am e a r e

CO P Y O F R E S O L U T I O N S UBE I T City , RESO LVED, That or t heir t he Mayor in and Board or o f 'A l d e r m e n (2) of of this the

s uc c es s or s

office, for,

any two of,

them be

a nd t hey her eby ar e aut hor iz e d 'n am e of t his Cit y t o: (a ) Negot iat e and pr oc ur e not loans

on behalf

and in

from

FIRST NATIONAL BANK, Azl-e, ( if there S or other third is no limit, 41\O,OO business parties, paper withso

Te x as , up t o an am ount j-ndicate I .-4,,, +hpot, in (b ) t he aggr egat e wit h t his to at any s aid Cit y , am ount ; f or Dis c ount

exceeding . @/tp-ot ft

on e t i m e ba n k , made or

outstanding; drawn upon

commercial

be longing ou t (c) ba nk p erty , (d ) no tes ple dge, valid lim it G iv e

as t o s ec ur it y

any

liablilities or a lien of this

of upon City,

this

City

to

said pro-

by pledge t angible Ex ec ut e and' ot her in

or or

as s ignm en t int angibl e , f or m

any personal and by the bank

s uc h

as may be required of such 1oans. all

all of be the by any

ev idenc es or lien, or

instruments the

as s ignm ent unles s of

and that endorsed,

none of provided,

same shal-l that

s o s igned pr om is or y

however,

e nd or s em ent on e of t hem .

notes

discounted

may be effected

"RE SO LVED FURTHER, That ize d co un t s and dir ec t ed as dir ec t ed to or t he not , to pay

said the

bank be and it proceeds of

is

hereby

authoror dis-

any such to

loans sign,

by t he or der of

persons

so authorized persons proceeds or shal1 of said in

whether

so pay able ca pa c it ies th e

any said such

their

individual to force, in the of

and whe t h e r of t hi s to

are not;

deposited in

ind, iv idual

c r edit

any said the of

persons

"RESbLVED FURTHER, That a nd s aid sign at ur es , certif ic at e this r es pec t iv ely , of t he

resolution hoLders this to

continue offices as set

bank m ay c ons ider Sec r et ar y

and their forth a copy

be and continue City

accompanying or in

r es olut ion

when delj- v e r e d unt i l bank . "

said to

bank the

any similar in wrj-ting

su bsequent is I duly

c er t if ic at e, on s aid

notice

contrary

s er v ed

H EREBY FURTHER CERTI FY t h a t elec t ed t hey to t he offices to t hat c ont inue

the

following set opposite these

named persons their at are the the

have

b ee n duly n ame s , time, orig inal

respective present genuine,

hold

offices hereon

and t hat

t he

s ignat ur es of eac h

appearing respectively:

s ignat ur es

Al." ,LJ,;,i9tr,ti-,^o,!- B.^k' A*-]u'fl"

J, U+, b,Pls'

b"P-'
kpt

dl /?ut4wrl"

(PL E AS ES U P PL YGE N U IN ES IGN A TU R E S E R E U N D E R ) H
MAYOR

CITY SECRETARY

ALDERMAN

(frJ*-d> tt-o
In WIT NESS

J.o,,
I h a ve

)h'r
hereunto the C i ty affi xed seal of my sai d

ALDERMAN

WHEREOF , and h a ve

name C i ty

as to

C i ty be hereto

S e c r e ta r y

c.a u se d

af f ix e d

tn fs

l tu

day of

One

*

Lg 86

"" :

IMPRINTT SEAL HERE

I

h er eby

c er t if y is

t hat

I

am t h e c opy of

Mayor

of

said

City

and that as therein

the set

fore going forth ,

a c or r ec t t he

resolutions ful1

passed force.

and t hat

s am e ar e

now in

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