& 9157 B 1—25-200 THE CHASE NATIONAL of the City of BANK New York MEr ROPOLITAN BRANCH 4th Avenue at 23d Street Copy of by the 1925, of of Board the Directors of under organized corporation a adopted resolution Oct. of day 2 State the of laws the Co. Bros. Browning Utah. Vice-President, "RESOLVED, That the President, or any Treasurer and Secretary of this Company, are hereby authorized to effect one of more of them, or other forms of credit at any loans, advances, time or times for this Company from The Chase Nation-— al Bank of the City of New York, and as security for or other forms of such loans, advances, the repayment endorse and deliver, of credit to assign, transfer, any either originally or in addition or substitution, and interests of any or all stocks, bonds, rights, such of certificates bonds, or stocks to or in kind documents accounts, deposits, rights or interests, bills receivable and other comcovering merchandise, at any time of debt, mercial paper and evidences advances, and for such loans, held by this company, execute and de— or other forms of credit, to make, or other writacceptances, liver one or more notes, on such terms and of this Company, ten obligations as to the securities and sale with such provisions as they or he shall deem or disposition thereof, or rediscount also to sell to, or discount proper; with said Chase National Bank, any and all commercial and other inacceptances receivable, paper, bills of debt at any time held by struments and evidences and to that end to endorse, transfer this Company, and deliver the same." e th I, the the foregoing a duly 2 day of entered called the Witness my of named, hereby copy true of said at which a regular minute hand of and the said held was present, of said Board. corporate seal of quorum book corporation. MOK duly corporation duly Board that certify Resolution a of Directors of meeting 1925, Oct. in a Board the by at is Bros. Browning Secretary above corporation Co., adopted undersigned, BROWNING, Secretary. on said the and