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Res 58-XX Designating Mercantile National Bank of Dallas as the DepositoryCORPORATE RESOLUTIONS Is ALFRED L. ODOM, Secretary of the Town of Westlake, ----Texas, an incorporated towno duly organized and existing under the laws of the State of Texas, do hereby certify that I am keeper of the records and minutes of the proceedings i of the Beard of Aldermen of said Town, and that on the 8th day of Feb- ruary, 1958, there was duly and legally held a meeting of said Board of Aldermen, at which a quorum of the Aldermen en was present and acting throughouto and at said meeting the following resolu- tions tion e unanimously adopted: RESOLVED, That Mercantile National Bank At Dallas, hereinafter called "Bank," is hereby designated as a depository of this Town and that a checking account or accounts shall be established in the name of this own with Bank, sander and subject to the rules d rge;;ulati on as from time to time prescribed by Barak wherein may be deposited any of the funds of this Town whether th pre ted by cash, checka, notes or other evidences of debt and from which withdrawals are hereby by au.thori ed in the name of the Town, when signed by bath the Mayor r and the Treasurer of the Town. Endorsements for deposit array be written or tamped endorsement of the Town without designation of the party ma rag the endorsement. FURTBER RESOLVEDO That Bank is hereby authorized t honor any and all withdrawals of the Town's fund.a payable to the officer or agent signing, or countersigninG the same, or payable to Bank$ whether such withdrawals a e ele ted. for cash or for credit to the personal account of such officer or agent or the person presenting the acme, and Bank need make no Inquiry concerning any such item. FURTIMR RESOLVED, That the Secretary shall certify to Barak the names of the p , se t ,y duly elected and quali- fying u li- fying officers of this gown authorized hereunder o and stall from time to time hereafter,,, as changes in the par e¢ nel of said officers and persons authorized hereunder are made, im- mediately Mately certify in writing such changes to Bank, and Bnic ahall be fully protected in relying on such written ton certifi,cations of the Secretary and shall be indemnified and saved harmle a from any claims, dands, expenses, losses or damages resulting from or growin "e t of honoring the zignature of any peri ons so certified or refusing ng to honer anysignature,, not so certified. FURTBER RESOLVEDO That Barak is hereby authorized and requoated to continue to rely upon these resolutions and the authority granted herein until written notice of any amm.? . dent ; change revocation has been delivered to the Cashier of Bank and: uratil he shall have acknowledged receipt of the aame In writing " receipt of any such notice shall not effect any action taken by Bank prior to the execution by `tie Cashier of Bank f such written acknowledgment, no such arnandlim-ent, change or revocation being effective until said Cashier has signed such receipt. FURTIrER RESOLVED., .these resolutions and the authority herein granted shall pass and inure to any sty c saor or to the assigns of Bank. further certify that the following are the names and the true and official signatures of the present Mayor and Treasurer or this Town authorized to sign for and on behalf of this Town in the foregoing resolutions. Narne Si nat e JohnA. McGuire ydr Alfred L , . Odom d---- Treasurer WITNESSIN WHEREOFs, I have hereunto set my hand as See- r to y of said To nO and have attached hereto the official seal o , said,Town..:'thiz 8th day of Feb y',,,1958. Bare