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<br /> mennherF,i of thee 8oard, of 'Directors. The a,athori,ty, granted, may be
<br /> ,general, or cnmfined to s1waffic Instances.
<br /> 2.
<br /> Chocks. All abecks, drafts,,, or ottwx orders for
<br /> the payment of monoyo ftotts, cr other evidence,$ of indebtedness,
<br /> �awu iame of the corporation shall be, 819aad by any L-wo
<br /> , ed in the r
<br /> (2 ),
<br /> of the following, officers: tea Cha i,Man of the. Soard,p the
<br /> mood the Chief Executive Officer. The Board of
<br /> Dire,ctoria may expresslY delegiite the authority to sign Such
<br /> in,strumenits, to, some othor offic-e,r or officars or, agent,, or agents,
<br /> of the oirgani zation. The dei ion of: authority to siqn may be
<br /> q,o,neral inx conf,ine4 to spec-Ific., instanceo.
<br /> All, fmds of the organizati,on ",not,
<br /> otherwise employed, zba,ll be dieponi'ted !from time to time, t0 the
<br /> cred,ft of th r r,i irar in, s=1111, banks, or, other depositories as
<br /> 'the members of tha, 13,oard of Directors may direct.
<br /> 4. Loans. No l*an,s or advaaces shall be contracted on,
<br /> elf a.1f of the, corporation, alld no 21,Ote Of' ather, eviderice of
<br /> indebtednnaa sball be is,sued in ita name, unles,a and. except, as
<br /> aa-thorized by the board of Dir ectrors,., Any Such alltbOri2ation, may
<br /> be general ire, to, apec,ific instances, and may, include
<br /> aut-horization to pIed-ge'o .40 sev;urity for loana ur ad-va"'cea Lqu
<br /> ajj,,tho,rj,zjnq, any, awl all goaorities and otb,er person-al property
<br /> at any time bjeld by the oorporatlon.
<br /> 5. Bond i J,ceirp and' eipii. Thell Tve,,asurer,
<br /> I..........—.11...... ........
<br />
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