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The re ce Sot of the above Sf.s tad bonds is hereby acknowledged, This the 26 da.y oP March, 1y41: THE FIDELITY BANK By: L, J. Kirkland Vice-Frey. P~ESOLUTTON The following resolution was duly offered by Commissioner tYi is on and seconded by Commis si aner Cobb and unanimou sly adopted, with all members 'oe irg present and voting in the affirmative: NHEREAS, Section 1334(70) of the North Carolina Con sol ideted Sts tutee euthorl2e e, empowers and directs the Eoard of County Commissioners to select end de si gnate. annual ly by recorded resclu ti on cone bank or trust company in this State as an off lc Sal depository of the Eunde of the County; NOIY, THEP,EFOAE, IT IS ACCORDINGLY ORDERED that the Durham Sank & Trust Company (Pill eboro Branch), be and the said Bank is hereby, spa cifical3y de- signated as the offtcial depoei tort'' of the funds of Crenge County Yor the period beginning the 2nd day of December, ly4O, and ending on the 1st day of December, 1941, It is further ordered that eeid designation is conditioned upon the ear e cation and deli ve rS of s depo si tort' agreement by tte Durham Hank & Trust Com- pany with Orange County, under the terms and provisions of which eeid Durham Eerk & Trust Company will place with The Fidelity Bank of Durham, North Carol- ina, as Trustee, North Carallna State Hcnds andfor United States Government Bonds in the amount of not less then dj0, 000.00 par ve'_ue. It Ss further ordered that the Chei rman of thie Board, together with the Clerk to this Hoard, 'oe, end they hereby are, authorized to execute said de- pository agreems nt Sn the name oP Orange County and to affix the seal of eeid Count t: to the agreement. After said agreement is duly executed Sn triplicate, copy thereof sha12 be recorded as a part of the minutes of this Hoard, ¢f ter which said copy shall be carefully preserved by County Accountant. It is further ordered that G. G, BS vin e, Treasurer of Orange County, is hereby Hire cted to depo eit daily in the aforesaid Durham Bank & Trust Company (Hillsboro Branch) any and all funds or money belonging to the County of Orange, or any subdiviei on thereof, received or collected by him as re euired under tY.e provi alone of Section 1"^34(30) of the Consolidated Statutes of North Carolina. NCRTH CAP.OLTNA ORANGE COUNTY I, 5. W, Andrews, Register of Deede of Orange County, hereby certlPy th et the Pore going Ss a true and enact copy of extract from minutes of the Board of County Coe~issi oners oP Orange Oounty as passed at the regular mee ting on March 3, 1y41, as same appears Sn Minute Hook No. 5, at page yy, Ylitn ass my hand and official ee al, this the 3rd, day of March, 1941, 5. N. Andrews Register of Deeds of Crenge County (SEAL) (CONTZI4UED)