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1980-075 CRA
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1980-075 CRA
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Last modified
1/3/2012 12:23:08 PM
Creation date
3/8/2005 11:38:49 AM
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City Clerk
Doc Type
Resolution
Doc #
CRA 1980-75
Date
7/1/1980
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<br />r <br /> <br />. <br /> <br />- <br /> <br />. <br />, <br /> <br />I <br /> <br />ART! CLE XI II <br /> <br />EXECUTION OF INSTRUMENTS BY BONOHOLOERS <br />AND PROOFS OF OWNERSHIP OF BONDS <br /> <br />1301. Evidence of Signatures of Bondholders and Ownership of Bonds. <br />Any request, direction, consent, revocation of consent, or other instrument in <br />writing required or permitted by this Resolution to be signed or executed by <br />Bondholders may be in any number of concurrent instruments of similar tenor, <br />and may be signed or executed by such Bondholders in person or by their <br />attorneys or agents appointed by an instrument in writing for that purpose or, <br />in the case of coupon Bonds, by any bank, trust company or other Depository of <br />such Bonds. Proof of the execution of any such instrument, or of any <br />instrument appointing any such attorney or agent, and of the holding and <br />ownership of Bonds shall be sufficient for any purpose oj;c this Resolution <br />(except as otherwise herein provided), if made in the following manner: <br /> <br />(l) The fact and date of the execution by any Bondholder or his <br />attorney or agent of any such instrument and of any instrument appointing any <br />such attorney or agent may be proved by del ivery of a certificate, which need <br />not be acknowledged or verified, of an officer of any bank, trust company, or <br />other Depository, or of any notary public, or other officer authorized to take <br />acknow1 edgments. Where any such ins trument i s executed by an offi cer of a <br />corporation or association or a mamber of a partnership, on behalf of such <br />corporation, association or partnership, such certificate shall also <br />constitute sufficient proof of his authority to execute such instrument; <br /> <br />(2) The fact of the holding of coupon Bonds by any Bondholder <br />and the amount and the numbers of such Bonds and the date of his holding the <br />same (unless such Bonds be registered) may be proved by a certificate executed <br />by an officer of any bank, trust company, or other Depository, if such <br />certificate shall be deemed by the Trustee to be satisfactory, showing that at <br />the date therein mentioned such person had on deposit with or exhibited to <br />such bank, trust company, or other Depository the Bonds described in such <br />certificate. The Trustee may conclusively assume that such ownership <br />continues until written notice of the contrary is served upon the Trustee. <br />The ownership of Fully Registered Bonds shall be proved by the Bond Register <br />held by the Trustee under the provisions of this Resolution. <br /> <br />Nothing contained in this Article shall be construed as limiting the <br />Trus tee to such proof, it being intended that the Trus tee may accept any other <br />evidence of the matters herein stated which may seem sufficient. Any request <br />or consent of the Ho1 der of any Bond shall bind every future Holder of the <br />same Bond in respect of anything done or suffered to be done by the Agency, <br />the Trustee or any Paying Agent in pursuance of such request or consent. <br /> <br />66 <br />
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