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HomeMy WebLinkAbout0944 • ;1 . . ` ~ • , ~ . ~ ~ • ~ . • - . ~ • . , , ' - . - . '~~335'7 ~ CONSENT OF SHAREHOLDERS AND DIRBCTORS AUTtiORIZING SALE OF REAL ESTATE OF' ' THE SHEI,TON GROUP, INC. The unde~signed, being the holders of all of the issued and outstanding stock of the above-captioned corporation and being all of the directors of The Shelton Group, Inc. do hereby consent to the adoption of the following resolution: R~SOLVED that the President, Dennie H. New, and the Secretary, William Gerold,.of this corporation be and the ~ same are hereby authorized and directed to sell the property f and all improvements thereon more particularly described on ~ Exhibit "A" as attached hereto and incorporated herein by ~ reference for such sums and upon such terms as the President f and Secretary shall deem d~sirable to Danny L. Minix; ~ and it is FURTHER RESOLVED that the President and Secretary be ~ authori2ed and empowered and they are hereby directed, on ~ beha2f of and as the-~.awful act of the corporation to Qxecute € and deliver all documents necessary to consummate the ~ transaction including but not limited to deeds, mnrtgages, ~ mortgage modifications,-releases, assignments, and ~ affidavits; and it is _ t FURTHER RSSOLVEI3 that the President and Secretary are authorized, empowered and directed to affix the seal of the corporation to all such documents and instruments necessary to convey the corporation's interest in the land and ~ improvements situate thereon and to he other document ~ referred to hereinabove. ~ ` ~ ~ ~ . ~ , . N E H. EW ~ LIAM GEROL ORVAL SHEI.T . ~i'C.G~'. L NDA SHELTON goox 5~.5 ~A~F 942