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006-379
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006-379
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{y r�''�J t� "ity, * <br />x`,,�a r i3 SX t z�c'� t <br />n'h'd <br />'4 <br />! <br />W t. �,t <br />a 6 -"' <br />a <br />OF ILLINQIS <br />4 3 1 <br />� � 4, COT OF MGAMON <br />aU�°_ <br />THIS.IS TO CERTIFY thatbthe foLlowing;is a true copy of <br />Sections Article Y., of the By -Laws of The Franklin Life <br />�.. <br />Insurance Company, Springfield, Illinois, adopted by the Board of <br />Directors of said Company on November 26, 1958,and now is in full <br />" force "and.effec't <br />Section 1. The'Preysident,.or aVice President or an <br />Assistant resident, or the General Counsel or the Treasurer <br />and; the Secretary or.,an,Assi,stant Secretary are authorized for <br />and om behalf of, the Company" <br />(a) To execute; acknowledge and deliver deeds to real <br />estate when such real estate has -been sold. <br />(b) To assign, transfer and cancel evidence of indebtedness <br />and notes secured by mortgages upon real estate when <br />such notes have been paid or sold. <br />(c) To execute releases of mortgages upon real estate when <br />the notes such mortgages were given to secure have <br />been paid, and to execute partial releases and <br />subordinations. <br />(d) To transfer bonds, stocks and /or other securities <br />held as collateral security for "loans. when such loans <br />have been paid -'or sold. <br />(e) To transfer "bonds, stocks and /or other assets or securities <br />when such bonds, ,stocks and /or. other assets or securities <br />have been sold'or called for payment. <br />(f") To execute such other instruments from time to time <br />as may be necessary,or "expedient to carry on'the <br />business of the Company. <br />Section ''2. The Treasurer.or an Assistant Treasurer and the <br />Secretary or an Assistant Secretary'.are authorized for and on <br />behalf of the Company <br />(a) To 'assign, transfer and cancel evidence of indebted - <br />ness "and notes secure by mortgages upon real estate <br />when such notes have been paid. <br />(b) To execute releases of mortgages upon real estate when <br />the notes such mortgages were given to secure have <br />been paid and to execute partial releases, easements, <br />and subordinations: <br />IT IS FURTHER CERTIFIED that AENRY M. LUTZ is the duly elected <br />and qualified Vice President and J. J,. ANGERPEIER is duly <br />
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