GENERAL43395

• Permit No: C1981024
• IBM Index Class Name: General Documents
• Doc Date: 7/9/1999
• Doc Name: AVS File for Mine
• Permit Index Doc Type: AVS
• Media Type: D
• Archive: No

Kaiser Steel Resources, Inc.
November 16, 1988, Minutes
Page -14-
and is hereby designated as the Chairman
of the Board, to serve in such capacity
until his successor is duly appointed.
Financial Reports
Mr. Dillingham then presented to the Board a recap of
Effective Date payments and the projected financial
statements for 1488. The Board also requested that a
listing of contingent claims and liabilities be presented
for the next complete Board meeting for their additional
information and review.
Mr. Larson then presented to the Board a proposed set
of resolutions authorizing the officers to establish neces-
sary bank accounts and financial arrangements for the normal
operations of the Company. After a brief discussion, it was
moved, seconded, and unanimously adopted as follows:
RESOLVED, that effective November 15,
1988, any two of the officers herein-
after named, acting jointly, be, and
they hereby are, authorized and
empowered to open such bank accounts
with such bank or banks as they deem
necessary to carry on the operations of
the Company; and it is
FURTHER RESOLVED, that for all purposes
of these resolutions, the Chairman of
the Board and Chief Executive Officer,
the President and Chief Operating
Officer, the Senior Vice President,
Corporate Development, and the Chief
Financial Officer are hereby authorized
as the officers, and any two of them may
jointly act hereunder; and it is
FURTHER RESOLVED, that any two of the
officers of the Company specified above,
acting jointly, be, and they hereby are,
authorized to delegate to such persons