R-378-57 BK-0 2M 7157 G ORATION
Th dersigned in opening a checking acxoun 'th
LITTLE RIVER BANK AND TRUST COMPANY lAt giver Bank and Trust Company, Miami, b la,
MIAMI, FLORIDA hereby authorizes and directs said bank to recognize and honor the sigaatuw.._.....hereunto subscribed as
the bank's authority for the payment of funds from the account named herein below; and as a con,
CERTIFIED COPY OF CORPORATE RESOLUTION 378 accepted,
of the acceptance of said account by the bank it is agreed that add account is opened and
No, accepted, and shall continue to be at all times. subject to all reasonable rules and regulations of said
I the undersigned,hereby certify to Little River Bank and Trust Company that I am the bank, and particularly subject to the special rake and regulations printed upon the reverse side here-
7 M AM4 Micro& VM-90 of which are referred to. adopted and hereby made a part hereof. This account is hereby opened in
r the name of
a corporation duly organized and existing under the haws of the state of Florida
that the following is a true copy of resolutions duly adopted by the Board of Directors of said Cor-
(Account)
poration at a meeting duly held on the day of nAcember — 19-51— sma ofUR5642ongrold fV92110-111MIGIR
at which a quorum was present;and that sash resolutions have not been rescinded or modified.
RESOLVED, that Little River Bank and Trust Company is hereby designated as a
depository of this Corporation and that a checking account be opened and maintained in By t
the name of this Corporation with said bank; that any of the following officers of this CorIF
-
poration:
Mayor or Councilman Dean R. Elausseo By n
and Village Manager
B - i�if gr.
is/are hereby authorized, on behalf of this corporation, and in its name: to sign checks6
drafts, notes, bills of exchange, acceptances, or other orders for the payment of money By _ Treasurer
from said account; to indorse checks, notes, hills, certificates of deposit, or other instru-
ments, owned, or held by this Corporation, for deposit in said account, or for collection
or discount by said Bank; to accept drafts, acceptances, and other instruments payable at
said Bank; to waive demand,protest, and notice of protest, or dishonor of any check,note, By Manager
bill,draft,or other instrument made,drawn,or indorsed by this Corporation; and
FURTHER RESOLVED, that Little River Bank and Trust Company be and it hereby
is authorized to honor, receive, certify, or pay all instruments signed in accordance with
the foregoing resolution even though drawn or indorsed to the order of any officer sign- (NOTES—Not more than one of said officers' signatures Is required Mess it Is otherwise indicated
ing the same or tendered for cashing, or in payment of the individual obligation of such hereinabove).
officer, or for deposit to his personal account, and said Bank shall not be required, or be
under any obligation to inquire as to the circumstances of the issuance, or use of any 10050 N. E. 2r1d Ave.-
Instrument signed in accordance with the foregoing resolution, or the application, or dis- (Mailingposition of such instrument, or the proceeds thereof; and Address)
FURTHER RESOLVED, that the Secretary or Assistant Secretary shall certify to said
Bank the names of the presently duly elected and qualified officers of this Corporation
and shall from time to time hereafter as changes in the personnel of said officers are made,
immediately certify such changes to the bank, and said Bank shall be fully protected in
relying on such certifications of the Secretary or Assistant Secretary and shall be indemni- (Business
fied and saved harmless from any claims, demands, expenses, loss, or damage resulting Address)
from, or growing out of, honoring the signature of any officer so certified, or refusing to
honor any signature not so certified; and
FURTHER RESOLVED, that the foregoing resolutions shall remain in full force and
effect until written notice of their amendments or rescission shall have been received by (Residence
said Bank, and that receipt of such notice shall,not affect any action taken by the Bank Address)
prior thereto; and
FURTHER RESOLVED, that the Secretary or Assistant Secretary be, and he hereby
is, authorized and directed to certify to said Little River Bank and Trust Company the
foregoing resolution and that the provisions thereof are in conformity with the Charter and
By-Laws of this Corporation. (Date)
I further certify that there is no provision in the Charter or By-Laws of said Corporation limiting
the power of the Board of Directors to pass the foregoing resolutions and that the same are in conformity REMARKS AND REFERENCES
with the provisions of said Charter and By-Laws.
I further certify that the names and official signatures of the present officers of this Corporation who
are authorized to sign on this account are entered and subscribed on the opposite aide hereof.
IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the seal of said Cor-
poration.tt,t. 17 ley of December
Village Clerk
—
I ce the f_M4 is rreot.
SEAL
Mayor
L11 _ RIVER BANK AND "TRUST COl ANY
MIAMI, FLORIDA
SPECIAL RULES AND REGULATIONS
1. In receiving items for deposit or collection, this bank acts only as depositor's collecting agent and
assumes no responsibility and the exercise of due care.All items are=edited subject to final payment
in cash or solvent oredits. bank will not be liable for default or negligence of its duly selected
correspondents nor for losses in transit,and each correspondent so selected shall not be liable except for
its own negliitence.17da bank or its correspondents may send items, directly or Indirectly to any bank
including payor,and accept its draft or credit as conditional payment in lieu of cash; it may charge
back any item at any time before final payment,whether returned or not; and neither this bank nor its
correspondents shall be liable for any delay occasioned by the bookkeeping system or rules of such ayor
beak ar any clearing house association. Items drawn upon or payable at this bank will be credited pc on-
dil3onally and if found not good at the time all items received on the day of deposit have been posted,
but not later than the end of the following business da ,may then be charged back.Items received after
banking hours will be considered as received on the following business day.This bank may at its sole dis-
cretion=any item so charged back, through the= addressing such items to the last known
mailing address of the depositor or depositors and shall not be responsible for loss of such items in tramsft.
2. The bank shall not be liable for returning a check of the depositor properly dishonored on the day
of presentation, even thou�y such check is returned or mailed to the party or parties presenting the
check or to his or their collecting agent as late as the end of the next business day following the day
of presentation,and even thou the depositor makes a deposit sufficient to cover the returned check on
the day such check is returns The bank may, without liability, refuse payment of checks presented
over the counter if drawn on all or a portion of deposits made on the day of such presentation.
S. The bank is authorized to apply this account toward the payment of any indebtedness due the bank
from the depositor or depositors,or either of them,whether the debt is several and this account is joint,
or the debt is joint and this account several.
4. If the bank is served with legal process which may affect this account the bank is authorized to
withhold payment until such process is annulled.The bank is also authorized to charge and deduct from
said account any expense,legal or otherwise,which it may incur in connection with the service upon it
of a writ of garnishment,attachment or other legal process, seeking to subject or reach said account or
any part thereof,and/or which it may incur or which may arise out of any other matter or thing requir-
ing the bank in the judgment of its afficera or counsel of its selection to render service or incur expense
for the protection of the bank and/or the depositor,including but not by way of limitation any e�ease
incurred by the bank outside that contemplated in the routine handli=g of the account in the fiumishhrg
of information concerning the account which the bank may be required to furnish upon request of or by
the order of any duly constituted court or other authority,civil or military.
5. Accounts are opened subject to satisfactory reference and signature verification. Payment of funds
may be withheld pending reply to references.
8. This account is subject to a monthly analysis based on schedule of service charges made by the bank
for handling checking accounts in effect at the time this account is opened or which may be amended or
changed at any later date,without notice, and the bank is authorized to charge and deduct from add
account any loss or expense incurred by the bank in the handling of said account that may be indicated
by the analysis of same, and is authorized to charge and deduct from said account any out of pocket
expense incurred with reference to the depositor or depositors.
7. It is hereby agreed and understood that a charge of one dollar ($1.00) per month will be entered
on the analysis of the account for each and every month that any atop payment order remains in full
force and effect.Any stop payment request shall be made with the distinct understanding that the Bank
will use reasonable precaution in trying to locate and stop payment of any such check but in considem-
tion of the acceptance of any such request,it is expressly agreed that should any checi be paid by over-
sight or inadvertence and if by reason of such payment other checks drawn by the depositor are returned
for insufficient funds,the Bank shall in no way be held liable. and the depositor further agrees to in-
demnify the Bank against all expenses and costs that it might incur by reason of refusing payment on
any such check.
8. The bank is authorized to charge and deduct from said account$1.00 for each check drawn thereon
returned for insufficient funds,which charge may be changed to a graduated scale up to$5.00 per check
if the depositor continues to issue checks drawn against insufficient funds.
9. The bank is directed to mail any monthly statement or statements,together with cancelled checks or
other orders for payment as shown thereon unless specific instructions for holding same have been pre-
viously given the bank, to the last known mailing address on said account at any time within three
business days from the close of each calendar month without any liability on the part of the bank for the
safe delivery of said statement or statements and cancelled checks. For each statement rendered other
than on a regular statement period a service charge of$1.00 will be made.
10. In event said account is closed within six months after it is opened,the bank is authorized to charge
and deduct from said account ($8.00) for its expense in opening and closing same.
11. Any check or other order for payment presented to the bank drawn on this account which,if honored,
would leave a balance insufficient to cover the amount of any loss or expense incurred by the bank in
handling said aunt up to the date said check or order is presented,plus any charge due for opening
or closing said account, or charge on any return items, shall be deemed an overdra and the bank is
hereby authorized to dishonor the same without any liability,and any such check or order shall not be
deemed an assignment pro tanto or otherwise of such deposit
12. The bank reserves the right to terminate the deposit relationship at any time without notice.
13. These rules and regulations may be added to,altered or amended at any time without notice