HomeMy WebLinkAbout1605 . ,
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3. ppon the effectivs dat~ o! such iaerger, all o~ th~
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asaete and property of evsry kind and character, real, peraonal
~ and mixeS, tanqible and intanqibia, cho~es in action, riqht~ and
credits then awned by the Merqitsq Association, or ~vhich inura to
it, ahall immediataly, by operation~of law and without any convsy-
ance or tranafer and without any f~xrther act os deed, be vastod
~ in and become the property of the Resultinq.Asaociation, which
shall have, hold and enjoy the aame in its awn riqht ne fully
and to the same extent as the same were poasessed, held and en-
joyed~by the Merging Association prior to such merger; and such ~
Resultinq Association shall be deemed to be and-ahall be a
continuation of the entity and identity of First Federal Savinqs
and I.oan Association of Indian River County, the Charter of which
is not surrendered for cancellation, and all the rights and vbli-
gationa of such Merqinq Asaociation shall remnin unimpaired, and
the Resulting Association, at the time of the takinq effect of ~
such merger, shall succeed to all of such riqhts and obligationa
~ and the duties and liabilitiee connected therewith. Al1 riqhts
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! and remedies of creditors and all liena upon property of the -
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~ ~ Merginq Association shall be preserved unimpaired, and all debts, -
liabilities and dutiea of the Merqing Association ahall thence-
forth attach to the Resulting Rssociation, and may be enforced
aqain8t it to-the same extent as if auch debt8, liabilities and
duties had been incurred or contr~cted by it.
~ 4. Certified copies of the resolution of the Federal~Home
Loan Bank Board authorizinq the cancellation of tho Charter of the
. _2_ This dowma+t was P~P~ ~
and sbould b~ n~Md toe
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