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Bank Depository - 11-18-1930 Page 15 minuted of Nov 18th 193fl A RESOLUTION A resolution naming a Depository for the Town of Edgewater,Florida, and providing for the payments of funds from said Depository, and providing for the consolidation of the Bank accounts of the own of Edgervate r,Fl on da, formerly in the State lank & Trust Co and the Fidelity Bank of New Smyrna, Fla. IHMmTiam It becomes the Duty of the Town Council of the Town of Edgewater, Florida to name a Depository, for the safe keeping of the funds and securities of the Town of Edgewater, Florida, and WHEREAS; There is now on Deposit in the: State Bank and Trust Company of New Smyrna, ?l^ris s a Carton.' sum of mnney, to the credit of the Town of Edgewater, Florida; and WHEREAS; at the Annual Election of Officers in and for the Town of dgewater, Florida, A .E.Wilkinson, was duly elected Treasurer, and on the 18th Day of November A.D. 1930, after having been regularly and legally inducted into the office of Town Treasuer of the Town of Edgewater, became the Town Treasurer, in fact e NOW THEREFORE BE IT RESOLVED BY THE TOWN COUNSIL OF THE TOWN OF EDGEWATER, FLRHIDA, ie followag Section 1. ' That the Fidelity Bank and of New 34yrna, Florida be, and is hereby declared to be the Official Depositpry for the Town of Edgewater, Florida, and that the Town Treasurer and the Town Clerk of the Town of Edgewater, are hereby directed to deposit all monde and such other valuable securities as may come into M thier custody, the property of the Tpwn of I'dgewater , subject to such direction and discretion of the Town Cou c, l 'then may fro time to time see fit to use, creation 2. That the said Fidelity Bank of New Smyrna is hereby authorized to consolidate into one account in the Fidelity wank of New Smyrna, both the account farrrerly carried in the State Bank and Trust Co of New Smyrna and the Fidelity Bank of New Smyrna, together with such balances of deposits and accrued interest as may be with such accounts, and Section 3. And be it further resolved, that the said Fidelity Bank is hereby notified and instructed, to pay checks or orders drawn on the above named account, only when properly signed by A.B.Wilkinson, Treasurer for the Town of dgewater, Florida, or such other person as the Town Council may designate in writing a44 by Resolution, as having the authority to withdraw funds from the account named herein, and only after proper Town Council Town of Edgewater, Florida Page 16 & final Minutes of November 18th 1930 notice of such Resolution has been spread upon the Minutes of the Town Council of the Town of Edgewater, Florida, and a copy served upon the said A.B.Wilkinson and the Fidelity Bank of New Smyrna, or *ailed to thier last mown address. Section 4. Providing further, that all Resolutions, contrary to and in conflict with this Resolution or any part thereof, are hereby rescinded, cancelled and made of no effect. Section 5. Providing further that this Resolution shall take effect immediately upon its passage by The Town Council, Town of Edgewater, Florida. The above Resolution was introduced by Ald F•R.Renwick who moved its adoption, and which said motion was seconded by Ald __.T .Goodyear the vote of the Town Council being as .'Uows 6100* (1/1,16aAk /.' a / i i ,.I TTEST ,\CMA/U) TM CLERK approved by me this 18th of November A.D. 3.9300 Or cam/ 'mayor, Town a dFtewa er, I9'1a. Ald.H.P.Wiikinson, made motion, seconded by Ald.F.R. Renwick, to adjourn. Motion carried. A T; Signed _ resident oafouneil •` TOWN CLERK.