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2
June 6, 1989.
-8
16. Mr. Muller reported thet Mr. Guy Croswell
Smith left New York on May 17th for Cristobal to take
fie et
over the position as Sales Manager in piace of Paul M.
Wir, resigned.
Because of currency restriction in
Nicaragua we have placed the bank account under the con
trol of the Cristobal employees. Upon motion duly made,
seconaed and unanimously edoptet, it was
%
RESOLVED,
~ We ~Nicerecue, in-place and stead _
NRESOLVED,
that the following resolution be filed with the -Bancc Nacional de Nicaragua,
nagua, of 6 ye Fens deted Februsty, 26 Os
Necionel de Nicaragua, Managua, <n RO
thet the Banco Nacional de Nicaragua, ag orado, at , Nicaragua notified that ei er Croswe Smith or Adolph. Wilhelm Wriedt, is hereby given authority to authorize the payment out of the account of United Artists Corporation upon deposit in the Banco Nacional de Nicaragu, Insorvorada, at Manacue, Nicaragua, and thet said Banco NacYonel de Nicaragua, Incorporado, is hereby authorized upon proper Written authaity from either Guy Croswell Smith or Adolph Wilhelm Wriedt to pay over moneys in accordance with such written authorization out of the account of United Artists Comoration, such authori zed vayments at no time to be lerger than the amount ten on deposit to the credit of United Artists Corporation, *
and that the Assistant Secretary Harry J. Muller~be end ke~hereby is authorized to certify to the correctness of the above resolution and to send the same to the Banco Nacional de Nicaragua, Ineccorporado,
at Managua, Nicaragua.