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890



BANK ACCOUNT RESOLUTION



(Board of Trustees Meeting, October 27, 1974)



WHEREAS, it is often necessary, in the regular course

of business, to open new bank accounts; and



WHEREAS, each bank requires a Resolution of the Board

of Trustees authorizing a new bank accounts; and



WHEREAS, it is impractical to call a special meeting

of the Board of Trustees each time a new bank account is

required 3



NOW, THEREFORE, Be It Resolved that the Board of

Trustees does hereby authorize the President of the College

to open such bank accounts in such banks and for such amounts

as the regular business and accounting of the College may

require.



Be It Purther Resolved that the signatures of Officers

as presently authorized and the requirement of two signatures

as presently required shall continue in full force and effect.



Approved by the Board of Trustees on October 27, 1974.