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HomeMy WebLinkAbout1965-03-24 - Resolution No. 123RESOLUTION NO. 123 WHEREAS, this corporation, Yorba Linda County Water District desires to obtain financial accommodations from American Express , pursuant to the use of a number of American Express credit cards by the officers and agents of this corporation; and WHEREAS, this corporation intends to authorize its officers and agents to use such American Express Cards for and in connection with corporate business; and WHEREAS, American Express will not extend such accomodations by issuing such American Express Cards unless this corporation agrees to assume sole responsibility for the use of such American Express Cards or any of them, and to pay American Express for all indebtedness incurred by use of such American Express cards or any of them, whether such use or indebtedness was authorized or unauthorized by this corporation. NOW,THEREFORE, be it resolved that this corporation apply to American Express for the issuance of a sufficient number of American Express cards as is, in the judgement of the officer or officers hereinafter authorized, this corporation may require; RESOLVED FURTHER, that MERWIN WAGNER, the President, or ROBERT MILMOE, the Vice President, and VALDO Y. SMITH, the Secretary of this corp- oration be and they hereby are authorized, directed and empowered, in the name of this corporation, to apply to American Express for the issuance of such American Express cards and to execute such application forms and agreements to pay all indebtedness incurred by use of such American Express cards, whether authorized or unauthorized, as American Express may require. RESOLVED FURTHER, that American Express is authorized to act upon this resolution until written notice of its revocation is delivered to American Express, and that the authority hereby granted shall apply with equal force and effect to the successors in office of the officers herein named. RESOLVED FURTHER, that this corporation shall pay to American Express the annual fee of Ten Dollars ($10.00) to obtain said American Express Card. I, Valdo Y. Smith, Secretary of Yorba Linda County Water District, a corporation, incorporated under the laws of the State of California, do hereby certify that the foregoing is a full, true and correct copy of a resolution of the Board of Directors of said corporation, duly and regularly passed and adopted at a meeting of the Board of Directors of said corporation which was duly and regularly called and held in all respects as required by law, and by the by-laws of said corporation, at the office thereof on the 24th day of March, 1965, at which meeting a majority of the Board of Directors of said corporation was present and voted in favor of said resolution. I further certify that said resolution is still in full force and effect and has not been amended or revoked and that the specimen signatures appearing below are the signatures of the officers authorized to sign for said corporation by virtue of this resoluiion. IN WITNESS affixed the 1965. WHEREOF, I have hereunto set my hand as such Secretary, and corporate seal of said corporation,this 24th day of March, AUTHORIZED JIGNATURES: Merwin Wagner, President Robert Milmoe Sec re ary of Yorba Linda Countv Water Distric A Corporation