Repository: UIHistories Project: Board of Trustees Minutes - 1978 [PAGE 609]

EXTRACTED TEXT FROM PAGE:

596

BOARD OF TRUSTEES

[April 12

to be and continue as set forth in the certificate of the secretary or assistant secretary, accompanying a copy of this resolution when delivered to said Bank or in any similar subsequent certificate, until written notice to the contrary is duly served on said Bank. In Witness Whereof, I have hereunto affixed my name as Earl W. Porter, secretary, and have caused the corporate seal of said corporation to be hereto affixed this 14th day of April 1978. Secretary I, Ronald W. Brady, comptroller of said corporation, do hereby certify that the foregoing is a correct copy of a resolution adopted as above set forth. Comptroller

Corporate Resolution — Depository

I, Earl W. Porter, do hereby certify that I am the duly elected and acting secretary and the keeper of the records and corporate seal of T h e Board of Trustees of the University of Illinois, a body corporate and politic organized and existing under the laws of the State of Illinois, and that the following is a true and correct copy of certain resolutions duly adopted at a meeting of the Board of Trustees thereof, convened and held in accordance with law and the Bylaws of said corporation on the 12th day of April 1978, and that such resolutions are now in full force and effect and are not in contravention of, or in conflict with, the Bylaws or the charter or articles of incorporation of said corporation: Be It Resolved, that any one of the following: the comptroller and the secretary of this corporation be and hereby are authorized: T o execute and deliver on behalf of this corporation a Town & Country Charge Member Agreement between this corporation, T h e Board of Trustees of the University of Illinois, and Champaign National Bank of Champaign, Illinois, and Town & Country Charge, a division of Continental Illinois National Bank and Trust Company of Chicago ("Town & Country"), and supplemental agreements amending or revising such Agreement from time to time; and T o deliver for credit, in accordance with the terms of such Member Agreement and any supplemental agreements thereto (such Member Agreement and supplemental agreements being hereafter referred to as the "Agreement"), such sales slips as are executed and delivered to the corporation as payment for merchandise a n d / or services sold through the use of Master Charge a n d / o r VISA Charge Cards or any other charge card issued by a member of the Interbank Card Association and / o r VISA U.S.A., Inc.; to execute and deliver credit slips in accordance with the terms of the Agreement; and to pay any amounts payable by this corporation under the terms of the Agreement; and T o pay all fees imposed upon this corporation as a condition of becoming or continuing as a Member of Town & Country Charge Plan, and to perform all acts and execute and deliver all such other instruments or documents which Town & Country or Depository may deem necessary to carry out the purposes and intent of the Agreement and these Resolutions; and Be It Further Resolved, that the secretary or any other officer of this corporation be and hereby is authorized to certify to Town & Country and Depository a copy of these resolutions and the names and signatures of this corporation's officers or employees hereby authorized to act in the premises, and Town & Country and Depository each is hereby authorized to rely upon such certificate until formally advised by a like certificate of any changes therein, and upon any such additional certificates. O n m o t i o n of M r . O v e r s t r e e t , t h e f o r e g o i n g r e s o l u t i o n s w e r e a d o p t e d . Certificate of T h e Board of Trustees of the University of Illinois. I, Earl W. Porter, do hereby certify that I am the duly elected and qualified