|
i - ! Y-
<br />EXTRACT FROM BY-LAWS OF FIDELITY AND DEPOSIT COMPANY OF MARYLAND
<br />"Article VI, Section 2. The Chairman of the Board, or the President, or any Executive Vice-President, or any of the Senior
<br />Vice-Presidents or Vice-Presidents specially authorized so to do by the Board of Directors or by the Executive Committee,
<br />shall have power, by and with the concurrence of the Secretary or any one of the Assistant Secretaries, to appoint Resident
<br />Vice-Presidents, Assistant Vice-Presidents and Attorneys-in-Fact as the business of the Company may require, or to
<br />authorize any person or persons to execute on behalf of the Company any bonds, undertaking, recognizances, stipulations,
<br />policies, contracts, agreements, deeds, and releases and assignments of judgements, decrees, mortgages and instruments in
<br />the nature of mortgages,... and to affix the seal of the Company thereto."
<br />EXTRACT FROM BY-LAWS OF COLONIAL AMERICAN CASUALTY AND SURETY COMPANY
<br />"Article VI, Section 2. The Chairman of the Board, or the President, or any Executive Vice-President, or any of the Senior
<br />Vice-Presidents or Vice-Presidents specially authorized so to do by the Board of Directors or by the Executive Committee,
<br />shall have power, by and with the concurrence of the Secretary or any one of the Assistant Secretaries, to appoint Resident
<br />Vice-Presidents, Assistant Vice-Presidents and Attorneys-in-Fact as the business of the Company may require, or to
<br />authorize any person or persons to execute on behalf of the Company any bonds, undertaking, recognizances, stipulations,
<br />policies, contracts, agreements, deeds, and releases and assignments of judgements, decrees, mortgages and instruments in
<br />the nature of mortgages,... and to affix the seal of the Company thereto."
<br />CERTIFICATE
<br />I, the undersigned, Assistant Secretary of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND, and the
<br />COLONIAL AMERICAN CASUALTY AND SURETY COMPANY, do hereby certify that the foregoing Power of
<br />Attorney is still in full force and effect on the date of this certificate; and I do further certify that the Vice-President who
<br />executed the said Power of Attorney was one of the additional Vice-Presidents specially authorized by the Board of Directors
<br />to appoint any Attorney-in-Fact as provided in Article VI, Section 2, of the respective By-Laws of the FIDELITY AND
<br />DEPOSIT COMPANY OF MARYLAND, and the COLONIAL AMERICAN CASUALTY AND SURETY COMPANY.
<br />This Power of Attorney and Certificate may be signed by facsimile under and by authority of the following resolution of the
<br />Board of Directors of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND at a meeting duly called and held on
<br />the 10th day of May, 1990 and of the Board of Directors of the COLONIAL AMERICAN CASUALTY AND SURETY
<br />COMPANY at a meeting duly called and held on the 5th day of May, 1994.
<br />RESOLVED: "That the facsimile or mechanically reproduced seal of the company and facsimile or mechanically
<br />reproduced signature of any Vice-President, Secretary, or Assistant Secretary of the Company, whether made heretofore or
<br />hereafter, wherever appearing upon a certified copy of any power of attorney issued by the Company, shall be valid and
<br />binding upon the Company with the same force and effect as though manually affixed."
<br />IN "TESTIMONY WHEREOF, I have hereunto subscribed my name and affixed the corporate seals of the said Companies
<br />this day of
<br />A&MJA&UJ
<br />v
<br />(ice -.
<br />Assistant Secretag
<br />
|