Resolution 9

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 to

Aut hor it v

I

HEREBY CERTI FY t hat

of

Tex as

Bay ,

Pe lic an

Cit y ;

s aid

duly

held

Pe lic an

Bay Cit y

at

Halt

on

t he

, and t hat

of

of

its

Lne

of

Aldermen

offices

at

of

day

Lfu'

seal

copy

of

its

at

by-laws

now in

s am e a r e

and City

Board

the

of

City

and correct

a true

a meeting

the

records

the

ls

with

ac c or dan' c e

of

Secretary

keeper

f ollo w i n g

adopt ed

in

th er eof 79 g E

t he

Copy)

City

am t h e

and t he

t hat

resolut ions

I

Loans

Procure

(Certified

fufl

o

force.

CO P Y O F R E S O L U T I O N S UBE I T

RESO LVED, That

City ,

t heir

or

t he

Mayor

s uc c es s or s

and Board

office,

in

a nd t hey her eby ar e aut hor iz e d 'n am e of t his Cit y t o: (a )

and pr oc ur e

Negot iat e

Te x as , up t o an am ount j-ndicate I .-4,,, +hpot, in

t he

(b )

aggr egat e to

ou t

t his

as t o

(c)

G iv e

ba nk

by pledge

p erty , (d )

ple dge,

in

on e of

s uc h

f or m

or

or

pr om is or y

to

as dir ec t ed to

t he

ca pa c it ies

or

not ,

ind, iv idual

or der

c r edit

t he

r es olut ion

su bsequent

with-

City

to

City,

1oans.

pro-

and

all

none of

the

provided,

discounted

said

any personal

upon

and that

bank

all of

same shal-l

be

that

however,

may be effected

persons

of

such

any said

to

b ee n duly

the by

any

t hat

t hey

and t hat

s ignat ur es

t he

City

said

notice

individual

deposited

continue

said

the

to

in

as set or

in

force,

and their

offices

forth

accompanying

bank

to

dis-

whether

not;

shal1 of

the

following

offices

set

to

these

s ignat ur es of

or

sign,

their

are

or

in

the

a copy

of

any similar in

contrary

wrj-ting

bank . "

c ont inue

t he

this to

unt i l

to

persons

author-

loans

to

in

be and continue of

hereby

any such

proceeds

hoLders

when delj- v e r e d

elec t ed

is

persons

resolution the

Sec r et ar y

on s aid

of

so authorized

any said

t hi s

c er t if ic at e,

s er v ed

duly

bank be and it proceeds

H EREBY FURTHER CERTI FY t h a t

orig inal

this

instruments

bank m ay c ons ider of

time,

of

this

such

the

of

r es pec t iv ely ,

n ame s ,

paper

business parties,

of

and whe t h e r

certif ic at e

I

other third

by the

said

pay

sign at ur es ,

is

so

41\O,OO

as may be required

notes

"RESbLVED FURTHER, That a nd s aid

this

or

upon

a lien

endorsed,

by t he

so pay able

th e

no limit,

t hem .

and dir ec t ed

co un t s

drawn

of

lien,

"RE SO LVED FURTHER, That ize d

the

outstanding;

or

int angibl e ,

ev idenc es

of

is S

liablilities

any

s o s igned

e nd or s em ent

them be

and in

of,

there

commercial

as s ignm en t

as s ignm ent unles s

ba n k ,

made or

f or

or

and' ot her

valid

s aid

of

this

am ount ;

or

Ex ec ut e

exceeding . @/tp-ot ft

on e t i m e

Cit y ,

s ec ur it y

t angible

no tes

any

wit h

Dis c ount

be longing lim it

at

of

FIRST NATIONAL BANK, Azl-e,

from

( if

not

(2)

any two

or

on behalf

for,

loans

o f 'A l d e r m e n

eac h

hold

appearing

named persons

opposite

their

have

respective

offices

at

the

present

hereon

are

the

genuine,

respectively:

J, U+, b,Pls'

b"P-'

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

kpt

dl /?ut4wrl"

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

CITY SECRETARY

ALDERMAN

(frJ*-d> tt-o In

WIT NESS

S e c r e ta r y

"" :

I

h a ve

tn fs

I

h a ve

c.a u se d

ALDERMAN

hereunto the

C i ty

affi xed seal -

day of

l tu

of

One

my

name

sai d

C i ty

as to

C i ty be

*

hereto

Lg 86

IMPRINTT SEAL HERE

h er eby

fore going forth ,

WHEREOF , and

af f ix e d

)h'r

J.o,,

c er t if y is

t hat

I

a c or r ec t

and t hat

t he

am t h e c opy

s am e ar e

of

Mayor

of

resolutions

now in

ful1

said

City

passed force.

and that as therein

the set