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34 <br /> manner as shall from time to time be determined by resolution of <br /> the Board of Directors. Endorsements for deposit to the credit of <br /> the corporation in any of its duly authorized depositories shall be <br /> made by the President, the Treasurer, or by any officer or agent <br /> who may be designated by resolution of the Board of Directors in <br /> such manner as such resolution may provide. <br /> Section 5. Finances. <br /> (a) In order to pursue the purposes herein set forth, <br /> the corporation shall have full power to receive donations, <br /> bequests, devises and gifts of money and property; to <br /> purchase, lease and otherwise acquire and hold, sell, donate, <br /> and otherwise dispose of all kinds of property, real, <br /> personal, and mixed, which may be deemed necessary in order to <br /> carry out the objectives and purposes for which the <br /> corporation is created. <br /> (b) All properties shall be held in the name of the <br /> corporation. <br /> (c) No obligation or expense shall be incurred and no <br /> money shall be appropriated without prior approval of the <br /> Board of Directors. The Board of Directors shall adopt a <br /> budget for the corporation for each fiscal year of the <br /> corporation. Upon adoption of the budget, the officers of the <br /> corporation are authorized to make disbursements on accounts <br /> and expenses provided for in the budget without additional <br /> approval of the Board of Directors. Disbursements shall be by <br /> check. <br /> Ra12\R55090-006\0047496.06\10-07-94 25 <br />