R-0714-81 MIAMI SHORES VILLAGE
10050 N. E.2nd AVE. RESOLUTION NO. 714-81
MAM1 SHORES,FLA.33138
CORPORATE RESOLUTIONS
1, as SYc4?aq%fClerk MIAMI SHORES VILLAGE
a corporation duly organized and existing under the laws of the state of El o3ni d a hereby certify to
PEOPLES FIRST NATIONAL BAND OF MIAMI SHORES that a meeting of the WWUPElirectors of said corporation was
duly called and held at its office in the City of Miami Shores and State of F1 ori ria
on the 21St day of Apri 1 198—L—that at said meeting a quorum was present and voting through-
out, and that the following resolutions on motion duly made and seconded were unanimously adopted and are now in
full force and effect:
RESOLVED, that PEOPLES FIRST NATIONAL BANK OF MIAMI SHORES (hereinafter referred to as the
"Bank") be and hereby is designated as a depository of this corporation and that the officers and agents of
this corporation be and hereby are, and each of them hereby is, authorized to deposit any of the funds of
this corporation in said Bank.
RESOLVED, that until the further order of this board of directors all checks, notes, drafts, bills of exchange,
acceptances, undertakings or other instruments or orders for the payment of money, whether drawn against the
PEOPLES FIRST NATIONAL BANK OF MIAMI SHORES or any other bank, may be cashed, deposited or
negotiated, and all funds of this corporation shall 66 subject to withdrawal or charge at any time and from
time to time upon checks, notes, drafts, bills of exchange, acceptances, undertakings or other instruments or
orders for payment of money when made, signed, drawn, accepted or endorsed on behalf of this corporation
by the following: (SEE NOTE BELOW)
Mayapa--n-d- V-illage Manager jointly
NOTE: Clients aro requested to insert in the spaces above and below, titles only of the signing officers, where applicable, or the names of
other authorized persons. Also, to indicate fully in what manner they are to sign, i. e. singly, any two, jointly, etc.,as for inatarxe:
the President, Vice President, Secretary and Treasurer or any "one" or "two" of them (or indicate any special combination).
RESOLVED, that the Bank is hereby authorized to pay any such instrument or make any such charge and
also to receive the same from the payee or any other holder without inquiry as to the circumstances of
issue or the disposition of the proceeds even if drawn to the individual order of any signing person,
or payable to said Bank or others for his account, or tendered in payment of his individual obligation,
and whether drawn against an account in the name of this corporation or in the name of any officer or
agent of this corporation as such.
LOAM CUM
AND OCURltltt RESOLVED, that the following (SEE NOTE ABOVE)
Mayor and Vil age Manager – jointly
are hereby authorized on behalf of this corporation:
1. To borrow money and to obtain credit for this corporation from the Bank on any terms and to make
and deliver notes, drafts, acceptances, instruments of guaranty, and any other obligations of this corpora-
tion therefor in form satisfactory to the Bank.
2. To pledge or assign and deliver, as security for money borrowed or credit obtained, stocks,
bonds, bills receivable, accounts, mortgages, merchandise, bills-of-lading, warehouse receipts, insurance
policies, certificates, and any other property held by or belonging to this corporation with full authority
to endorse, assign or guarantee the same in the name of this corporation.
3. To discount any bills receivable or any paper held by this corporation with full authority to
endorse the same in the name of this corporation.
4. To withdraw from the Bank and give receipt for, or to authorize the Bank to deliver to bearer or
to one or more designated persons, all or any documents and securities or other property held by it,
whether held as collateral security or for safekeeping or for any other purpose.
5. To authorize and request the Bank to purchase or sell for account of the corporation, stocks,
bonds and other securities, and
6. To execute and deliver all instruments required by the Bank in connection with any of the
foregoing matters and affix thereto the seal of this corporation.
7. To execute, transfer, sell and assign Retail Installment Contracts, Conditional Sales Contracts,
Chattel Mortgages, Trust Receipts and other lien instruments in the name of the Corporation, or to pledge
and hypothecate the same as collateral security for and to guarantee loans made to the Corporation.
(OVER )
RESOLVED, that the Sec r or any other officer of this corpora be, and hereby is, authorized
to certify to the Bank the names of the present officers of this corporation and other persons authorized
to sign for it and the offices respectively held by them, together with specimens of their signatures, and
in case of any change of any holder of any such office or holders of any such offices, the fact of such
change and the names of any new officers and the offices respectively held by them, together with speci-
mens of their signatures; and the Bank be, and hereby is, authorized to honor any instrument signed by any
new officer or officers in respect of whom it has received any such certificate or certificates with the
same force and effect as if said officer or said officers were named in the foregoing resolutions in the place
of any person or persons with the same title or titles.
RESOLVED, that the Bank be promptly notified in writing by the Secretary or any officer of this corp-
oration of any change in these resolutions, such notice to be given to each Office of the Bank in which
any account of this corporation may be maintained, and that until it has actually received such notice in
writing it is authorized to act in pursuance of these resolutions, and that until it has actually so received
such notice it shall be indemnified and saved harmless from any loss suffered or liability incurred by it
in continuing to act in pursuance of these resolutions, even though these resolutions may have been
changed.
I FURTHER CERTIFY that there is no provision in the Charter or By-Laws of the said corporation limiting the
power of the Board of Directors to pass the foregoing resolutions, and that the same are in conformity with the
provisions of said Charter and By-Laws.
I FURTHER CERTIFY that the present officers of said corporation and the offices respectively held by them
are as follows:
NAME TITLE
Ma vnTs
_ Vi l l.qgP ManagPrl
IN WITNESS WHEREOF, I have hereunto set my hand as Secretary of said corporation and affixed the corporate
seal this 21St day of Apr'i:l 19 81
AS CRETARY THE C RP RATION
VT 49e Clerk
(CORPORATE SEAL)
OTHER OFFICER
TITLE
* NOTE: In case the Secretary or other recording officer is authorized to sign checks, notes, etc., by the above reso-
lutions this certificate must also be signed by a second officer of the corporation.
NA-10
(0VER )