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Res 1986-116
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Res 1986-116
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8/28/2007 8:45:29 AM
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8/28/2007 8:45:28 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
1986-116
Date
9/24/1986
Volume Book
83
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<br />RESOLVED, that this corporation establish in <br />its name one or more deposit accounts with <br />the State Bank and Trust Company, Inc., San <br />Marcos, Texas, upon such terms and conditions <br />as may be agreed upon with said bank, and <br />that the following named officers of this <br />corporation be, and they hereby are, <br />authorized to establish such account or <br />accounts; and <br /> <br />, <br />, Vice <br />, Treasurer, and <br />, Secretary, of this <br />corporation, or anyone of them be, and they <br />hereby are, authorized to withdraw funds of <br />this corporation from said account or accounts <br />on checks of this corporation signed as pro- <br />vided herein with signatures duly certified to <br />said bank by the Secretary of this corpora- <br />tion, and said bank is hereby authorized to <br />honor and pay any and all checks so signed, <br />including those drawn to the individual order <br />of any officer or other person authorized to <br />sign the same. <br /> <br />RESOLVED, that <br />president, <br />President, <br /> <br />Fiscal Year <br /> <br />8. The matter of the adoption of a fiscal year was then <br />considered. After discussion, upon motion made, seconded, and <br />unanimously carried, the following resolution was adopted: <br /> <br />RESOLVED, that the fiscal year end of this <br />corporation be, and the same hereby is fixed <br />as December 31 of each year. <br /> <br />Principal Office <br /> <br />9. On motion made, seconded, and unamimousely approved the <br />following resolution was adopted: <br /> <br />RESOLVED, that the principal office of this <br />corporation shall be established and <br />maintained at 302 West Hopkins, Suite 5, <br />San Marcos, Texas. <br /> <br />Organizational Expenses <br /> <br />10. In order to provide for the payment of the expenses of <br />incorporation and organization of this corporation, on motion <br />
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