Repository: UIHistories Project: Board of Trustees Minutes - 1932 [PAGE 538]

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536

BOARD OF TRUSTEES

[February 10

The deponent further states that the following is a true copy of an extract from the minutes of a meeting of the board of directors of said Company held at its office in the City of N e w York on the 18th day of April, 1928, a quorum being present, and that the resolutions contained in the said extract were unanimously adopted and are now in full force and effect: " R E S O L V E D , That Robert J. Hillas, the president of the Company, be, and that he hereby is, and that Hale Anderson, a vice-president of the Company, be, and that he hereby is authorized to execute powers of attorney qualifying the attorney named in the given power of attorney to execute in behalf of The Fidelity and Casualty Company of N e w York bonds, undertakings, and all contracts of suretyship; and that any vice-president, the vice-president and secretary, or any assistant secretary be, and that each of them hereby is, authorized to attest the execution of any such power of attorney, and to attach thereto the seal of the Company. " R E S O L V E D , That either Albert Bruns or William P. Harvey, each an assistant secretary of the Company, be and that he hereby is authorized to execute alone powers of attorney qualifying the attorney named in the given power of attorney to execute in behalf of The Fidelity and Casualty Company of N e w York bonds, undertakings, and all contracts of suretyship, not exceeding one hundred thousand dollars in amount; and that any vice-president, the vicepresident and secretary, or any assistant secretary be, and that each of them hereby is, authorized to attest the execution of any such power of attorney, and to attach thereto the seal of the Company." Albert Bruns Assistant Secretary Sworn to before m e this nth day of May, 1931 Florence Carroll Commissioner of Deeds City of N e w York I, Frank B. Smedes, an assistant secretary of The Fidelity and Casualty Company of N e w York, do hereby certify that I have compared the copy of the power of attorney overleaf and the foregoing copy of the affidavit annexed to the said power of attorney with the originals now onfilein the home office of the said Company, and that the same are correct transcripts therefrom and of the whole of the said originals, and that the said power of attorney has not been revoked and is now in full force and effect. In testimony whereof I have hereunto set m y hand and afiixed the seal of the said Company this tenth day of February, in the year of one thousand nine hundred and thirty-two. Frank B. Suedes Assistant Secretary TRANSFER OF FUNDS TO MR. GORDON Mr. Trees, for the Finance Committee, presented also the following resolution, with the recommendation that i be adopted. t

RESOLUTION

R E S O L V E D : (1) That Hazen S. Capron, out-going Treasurer, be directed to turn over to Frank M . Gordon, incoming Treasurer, all funds in his hands in excess of warrants against same outstanding and unpaid; (2) That Hazen S. Capron be directed to turn over to Frank M . Gordon all securities in his hands representing the investment of permanent funds; (3) That Hazen S. Capron, and Lloyd Morey, Comptroller, be directed to deliver the securities and safe-keeping receipts of the Federal Reserve Bank of Chicago in their hands, deposited by the First National Bank of Champaign to secure a deposit with it by Hazen S. Capron as Treasurer of the Board of to deliver securities covered of the aforesaid safe-keeping receipts to Frank M . Trustees, to Frank M . Gordon,these to instruct the said Federal Reserve Bank Gordon on the presentation by and receipts;