24 NATIONAL FOREST MANUAL TIMBER SALES. 



all will be required to sign. The variation in form and requirements 

 for execution when the sale is made to an individual, a partnership, 

 or a corporation, or is a private sale are outlined on Form 202, 

 Unless the contract provides for the sale of only a part of the timber 

 advertised it will follow the advertisement absolutely in the descrip- 

 tion of the lands and the amount and location of the timber included 

 in the sale. 



Evidence of authority of the person who executes a contract or 



bond on behalf of a corporation will be obtained, and 



thoSty. nce f au ~ m every case submitted to the district assistant to 



the solicitor for approval as to its sufficiency. Such 



evidence will be filed with the approved original of the contract. 



As evidence of the authority of the officer signing for any incor- 

 porated company, whether purchaser or surety, a copy of, or extract 

 from, the articles of incorporation, the by-laws, or resolutions of the 

 board of directors, whichever it may be that authorizes the officer 

 to execute the papers for the company, will be required. This copy 

 or extract will be certified by the secretary of the company under the 

 corporate seal in substantially the form outlined in Form 319. 



The resolution indicated on Form 319 will be required in substan- 

 tially the following form : 



It is resolved by the board of directors of the , that it is for 



(Name of company.) 



Form of resolution, the best interest pf said company that 



(Name of president or other officer.) 



the of said company, 



(President, secretary, etc.) 



be authorized to execute any and all instruments of any character whatsoever that 

 may be drawn by said company to the United States Government in any and all of 

 its departments now or hereafter and until this resolution is duly revoked, and 



, of said 



(Name of officer.) (President, secretary, etc.) 



, is hereby directed and authorized to execute and deliver 



(Name of company.) 



for and in behalf of said company and as its act and deed to the United States Govern- 

 ment and any or all of its departments any and all instruments drawn by said com- 

 pany to said Government or any or all of its departments, and to affix to said instru- 

 ments the corporate name and seal of said corporation. 



When witnesses are required to the execution of any contract, if 

 possible one will be a Forest officer and the other the 

 notary public who takes the acknowledgment of the 

 bond. 



BONDS. 



A bond will be required in all sales involving timber above $3,000 



when re uired * n va ^ ue > an( ^ i n sa l es ror smaller amounts when it is 

 considered necessary by the approving officer to insure 

 compliance with the contract. 



The following table is not intended to establish a hard and fast 

 rule in fixing the amount of bonds, but rather is to be used as a guide. 



