Certified Open Board meeting 28 September 2007
Conference Call
Present
G. M. Taylor
R. J. Blatchford
S. M. Coughlan
G. C. F. Greve
A resolution was submitted to the board:
1) That a bank accounts be opened with HSBC Bank plc (the Bank) and the
bank is authorised to:
a) pay all cheques and other instructions for payment or accept
instructions to stop such payments signed on behalf of the Company by:
Any two of the listed signatories (the 'signatory') whether any account
of the company is in debit or credit;
b) deliver any item held on behalf of the company by the bank in safe
keeping against the written receipt of G M Taylor; and R J Blatchford
c) accept R J Blatchford as fully empowered to act on behalf of the
company in any other transactions with the bank (including closing
account(s))
2) That any debt incurred to the Bank under this mandate shall, in the
absence of written agreement by the Bank to the contrary, be repayable
on demand.
3)That the Secretary from time to time is expressly authorised to supply
the Bank as and when necessary with lists of persons who are authorised
to sign, give receipts and act on behalf of the Company, and that the
Bank may rely upon such lists.
4) That these resolutions be communicated to the Bank and remain in
force until changed by a resolution passed by the board of directors and
a copy, certified by the Chair Person and Secretary, is received by the
Bank
5) That all four directors be authorised signatories on the bank
account.
This was agreed and accepted by the Board.