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HomeMy Public PortalAboutResolution 01-88 Business entities authorization to establish deposit arrangements and to engage business services Idaho' $ O BUSINESS ENTITIES MtDAFFIUREAHEOF FINANCIAL GROUP DEPOSITOR'S CONTRACT � Ifs? ol uit t1"o n BUSINESS ENTITIES AUTHORIZATION TO ESTABLISH DEPOSIT ARRANGEMENTS AND TO ENGAGE BUSINESS SERVICES City of McCall is a operating in the State of Idaho. In )cument,the word Company will refer to the above-described business entity,regardless of __ ___Jal legal description;Moore shall refer to Moore Financial Group Incorporated,its affiliates and subsidiaries, including The Idaho First National Bank. I CERTIFY that I am authorized to make the following representations on behalf of the Company and that I have the necessary authority to act on behalf of the Company. That the authorization contained herein was granted by the persons or governing body of the Company having authority to so act, at a meeting held on JanuRry 14 , 19 88 . That Moore be designated a depository of this company by establishing certain savings and/or checking account(s). That those account(s) shall be governed by the Business Accounts Terms • and Conditions brochure,the terms of which are incorporated as part of the Depositor's Contract. That the persons whose signatures appear on the reverse are authorized to enter into contracts with Moore for the establishment of deposit accounts, night deposit facilities, or other products, services or business applications which Moore may offer from time to time. That the persons whose signatures appear on the reverse are further authorized to designate in writing, agents to make deposits and receive items placed in a night deposit for the Company. No other authority shall be conferred upon such agents. That any 2 of the persons whose signatures appear on the reverse are authorized and •• empowered to endorse checks payable or belonging to the Company(whether such endorsement De manually,by endorsement stamp or otherwise,and whether for deposit,for collection or other- wise) and to receive cash or part cash for the same, or to make "less cash" deposits, receiving flash for part or all of the amount of such checks and depositing the balance, if any. That Moore is authorized and directed to honor as genuine instruments of the Company any and all checks, drafts or other orders for the payment of money drawn in the name of the Company and signed on its behalf with the facsimile signature of any v2 of the persons described above. That the undersigned is authorized to certify to Moore the authority conferred which will remain in full force and effect until directed otherwise in writing by delivering same to the Branch or Depart- ment where the account(s) are held. • Executed] t]this, -��r day of — R. , 19 e' . By ` =1f.Ir_�/ra _' Title: i• )//,_ - / • - DEPOSITOR'S CONTR•CT Below, the word depositor means the business entity who enters into this Depositor's Contract and all authorized persons acting on behalf of the depositor whose signatures appear on the reverse. By signing this Depositor's Contract,the depositor opens one or more deposit accounts with The Idaho First National Bank.The depositor agrees to be bound by the terms and conditions govern- ing these accounts,as described in the Business Accounts Terms and Conditions brochure,and by any future amendments thereto. As part of this Depositor's Contract,the depositor has received a separate document entitled Business Accounts Terms and Conditions brochure,the terms of which are incorporated by reference herein and are specifically made a part of this Depositor's Contract.The Business Accounts Terms and Conditions brochure tells the depositor how the services chosen now work and includes charges and fees.The Bank will inform the depositor of any changes to these services that affect the rights and responsibilities of the depositor. The depositor wishes to open the accounts marked below: • Available Checking Accounts: ❑ Eagle 1 ❑ MacroCheckingTM ❑ Business Checking Available Savings Accounts: ❑ MacroSavingsTM ❑ Business Savings SHADED AREAS FOR BANK USE ONLY Checking Account Type: • • . Date Opened'• • : • Taxpayer I.D.Number 18-138037-4 . 82-600022.3 • Phone, Former Bank'- 634-.7142 Idaho First National. :. REMARKS • • MP00506 Manufactured by Alexander Clark Business Forms 10801 Emerald Boise,Idaho (208)322.0611 • Idaho first AFFILIATE MOOREFINA SAFE DEPOSIT CONTRACT MOJRE FINANCIAL GROUP CONTRACT TYPE: ❑ SINGLE LESSEE ® MULTIPLE LESSEES( !,, v . signature(s) will be required for any action regarding the box). The lessee whose signature appears on the reverse has rented a Safe Deposit Box in the vault of the branch of the IDAHO FIRST NATIONAL BANK.The box number and annual rental fee appear below.By signing this Contract on the reverse,the lessee agrees to the rules and regulations of the Bank as follows: 1. The word"lessee"and the language of these rules and regulations will be considered as plural when there is more than one lessee.This Contract will be equally binding on all lessees. 2. In the case of multiple lessees,the number of signatures designated above will be required for access to or surrender of the Safe Deposit Box.If only one signer is designated above,any one of the lessees or deputies,acting alone,with or without the knowledge or consent of the other(s),may have access to or may surrender the box.Upon the death of any lessee,the surviving lessee(s)shall have access and control over the contents of the box,without guarantee of title.Other than completing required inventory procedures,the Bank makes no attempt to identify or determine the contents of the box or the relative ownership rights among lessees.The surviving lessee(s)are responsible for delivering any will of which he/she takes possession to the probate court or to the named personal representative with reasonable promptness under Idaho law.The lessee indemnifies and holds the bank harmless from and against all claims,demands,causes of action,losses and damages of what- soever nature incurred by the Bank in connection with the release of any article contained in the Safe Deposit Box. 3. The lessee may appoint a deputy or deputies who may have access to or surrender the Safe Deposit Box.In the case of multiple lessees,the number of signatures designated above will be required to appoint deputies or to cancel deputy appointments;a deputy may not act as a signer in the appointment of deputies or in the cancellation of deputy appointments.If only one signer is designated above,any one of the lessees may appoint deputies.Upon the death of any lessee,the deputy(ies)right to access is immediately revoked. 4. Each lessee has been furnished duplicate keys to the Safe Deposit Box.The Bank will hold no duplicate key to the box during its lease,and the box will be opened and closed by a lessee or deputy under the supervision of an authorized employee of the Bank who will use reasonable caution to see that the lessee or deputy opens only his/her own box.The Bank's liability is limited to the exercise of ordinary care to prevent the opening of the safe by any unauthorized persons. 5. The Bank will not be liable for any loss or damage to the contents of the safe caused by burglary,theft,fire,or misplacement of papers or securities.The Bank's liability for loss from any other cause will not exceed$500 and will be limited to loss caused by the Bank's negligence or improper actions. 6. The lessee assumes ail risk in connection with the use and contents of the box and shall not assign or sublet the box or any part thereof.Use of the box shall be limited to the deposit of valuables and no illegal articles or substances shall be placed in the box. 7. Only a lessee or a deputy designated in writing by the lessee shall have access to the Safe Deposit Box,except as otherwise stated in this Contract.In case of death,insolvency,or other legal disability of a lessee,the Bank reserves the right to investigate the validity of any legal representatives of the lessee who may seek access to the box.The Bank may,without notice to the lessee,comply with any writ of garnishment,attachment or other court order.The Bank will also honor any writ,decree or process of court of law forbidding the opening of the Safe Deposit Box to anyone,including the lessee. 8. A surviving lessee will notify the Bank in writing of the death of any other lessee or deputy before seeking access to the box after that person's death. 9. Alter the lessee's death or legal disability but before receiving written notice to that effect,the Bank shall not be liable for permitting a deputy of the lessee to have access to the box and remove the contents. 10. II the lessee loses a key or keys,he must pay at once any expense incurred for new keys or for opening and repairing the safe.The Bank shall not be liable for any loss or damage of whatever nature arising from any loss,injury,damage,liability,claim or suit relating to the use or contents of the box. 11. All rents are payable in advance.If the rent is past due,the Bank shall have the right to refuse access to the box until the rent is paid in full.If rent is past due for a period of sixty days,the Bank is authorized to open the box at the expense of the lessee and to sell,at public or private sale,any part or all of the contents for rental and forcible entry charges.The Bank may store and hold the contents of the box subject to payment of rental and other charges.All liability of the Bank in relation to the contents of the box shall cease absolutely upon the opening of the box under such circumstances. 12. The Bank reserves the right to cancel this lease at any time by refunding the proportionate amount of rent which may have been paid in advance.Five days after mailing a written notice to the lessee's last address on the Bank's records,the Bank may cancel the lease.If the lessee does not remove the contents of the box and surrender the keys within five days after the mailing of the notice of cancellation, the Bank may open the box at the lessee's expense and hold the contents without liability according to the provisions of paragraph number 11. 13. The Bank shall set the hours during which access to the Safe Deposit Box may be allowed:The vault containing the box may be closed on holidays,and weekends or any other occasion which the Bank considers prudent and proper. 14. The Bank may alter or amend the provisions of this Contract at any time by posting notice of such amendments near the door of its vault.However,no such provision shall increase the rent payable fn. hox during the term of any existing lease.Any applicable state or federal laws,whether now gr hereafter in force,shall at all times be considered a part of this Contract. s lease may be renewed or extended by the payment of rental agreed on for the next term.The conditiops-of tiTis Mate shall apply to any renewal or extension. s Lceeec sdame(s) Box Number Annual Rental Fee Expiration Date City of McCall Lessee Name and Address Box Number Annual Rental Fee Expiration Date Date Paid Amount Paid Expiration Date I/we authorize the Idaho First National Bank to allow the deputy(ies)whose signatures appear below to have access to this Safe Deposit Box(numbered above)at any time and until the Bank receives written notice to the contrary signed by me/us. ,Lessee Date ( � Signature ! Signed 2 Lessee / r� Date Z Signature y Signed .////7 1f D`/ aLessee �� Sa / p i EL XSignature � ((// Signed ned � 0 � 4 • Deputy Date ' / Signature MY / /' Signed '/ Vele) � • Deputy Date Signature Signed Deputy Date Signature Signed I/we surrender keys to the Idaho First National Bank along with all right,title and interest to this Safe Deposit Box(numbered above).I/we have removed the contents from this box and release the Bank W from all liability connected to this Safe Deposit Box. . ILI Lessee Date Signature Signed CCX O Lessee Date m Signature Signed Bank Employee Date Signature Signed S000550(1-85)