HomeMy WebLinkAboutNorth Fork Bank & Chase Manhattan Bank THIRD PARTY CUSTODIAN AGREEMENT
THIS AGREEMENT, made executed this 10* day of OL4r&Z ,19`7
between TOWN OF SOUTHOLD, located in the County of Suffolk, the State of New York ("Local
Government"), NORTH FORK BANK, having offices at P.O. -Box 8914, Melville, New York 11747
("Bank") and THE CHASE MANHATTAN BANK having offices at 4 New York Plaza, 4th Floor, New
York, New York 10004 ("Custodian").
WITNESSETH
WHEREAS, Local Government desires to maintain or continue to maintain public
deposits with the Bank;
WHEREAS, the Bank desires to obtain such deposits and to provide security,
therefore, as required by the General Municipal Law, Banking Law and other applicable statutes;
WHEREAS, the Custodian agrees to provide safekeeping services and to hold any
securities pledged by the Bank in a custodial account established for the benefit of the Local Government
as secured parry pursuant to this Agreement;
NOW, THEREFORE, in consideration of the mutual promises set forth hereafter,
the parties hereto agree as follows:
1. Collateral Requirements:
Attached as Exhibit A hereto are the collateral requirements. The Local Government and the
Bank have agreed to select Option B of Exhibit A. The Bank will provide Eligible Collateral
that is enumerated in Exhibit B, sub-paragraphs (i), (ii), (iii), and (iv). These securities satisfy
the criteria of being 105 % of eligible market value collateral. As a result, the adjusted
market value and the market value will be the same.
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b X
2. Security Requirements:
a. The Bank, to secure the timely payment of Uninsured Deposit heretofore or hereafter made
by the Local Government, including any interest due-thereon, shall provide the Local
Government with Eligible Collateral having an Adjusted Market Value equal to the
Collateral Requirement.
'Whenever Eligible Securities are provided pursuant to this paragraph, the Bank hereby
grants to the Local Government a pledge and security interest in and to such EIigible
Securities and shall deliver such Eligible Securities to the Custodian in the manner
prescribed in section 3 of this Agreement. The security interest of the Local Government
in Eligible Securities shall terminate upon the transfer of such Eligible Securities from the
Account. Eligible Letters of Credit and Eligible Surety Bonds provided pursuant to this
paragraph shall be subject to the prior approval of the Local Government unless the Local
Government has approved in writing the form of such Eligible Letter of Credit or Eligible
Surety Bond is attached hereto as an Exhibit.
b. The custodian will monthly determine the Adjusted Market Value of the Eligible Collateral
provided pursuant to this agreement. If the Adjusted Market Value of such Eligible
Collateral is less than the Collateral Requirement, the Custodian will so notify the Bank
and the Bank shall, upon such notice, be required to provide additional Eligible Collateral
having an Adjusted Market Value equal to or greater than such deficiency no later than one
Business Day after receipt of such notice. If the Adjusted Market Value of the Eligible
Collateral provided pursuant to this Agreement exceeds the Collateral Requirement, the
Custodian, at the direction of the Bank, shall transfer securities from the Account, or in the
case of other EIigible Collateral, cause or consent to a reduction in the amount thereof, to
the extent of such excess.
C. The Bank may substitute Eligible Collateral ("Substitute Collateral") for any Eligible
Collateral previously provided pursuant to this Agreement so long as the Substitute
Collateral has an Adjusted Market Value equal to or greater than the Eligible Collateral
which it will replace. The Bank shall give Written or Oral Notice thereof to the Custodian
of any proposed substitution. In the event that the Custodian determines that the Substitute
Collateral described in such notice consists exclusively of Eligible Securities having
sufficient Adjusted Market Value, the Custodian;at the direction of the Bank, shall transfer
the Eligible Securities out of the Account against dervery, to the Account on the same
t Business Day of the Substitute Collateral. In the event the Substitute Collateral described
in such notice consists of an Eligible Letter of Credit or EIigible -Surety Bond, the prior
consent of the Local Government shall be required before the Bank or Custodian may
complete the substitution described in such notice unless the Local Government has, in
writing, previously approved and consented,to the form and issuer of the Eligible Letter of
Credit and/or Eligible Surety Bond to be provided as Substitute Collateral.
d. The Custodian, to the extent not contained in the confirmation required by paragraph 'c of
section 3 of this Agreement, -shall provide the Local Government with a written
confirmation setting forth: (1) a complete description of Eligible Collateral provided.
reduced or transferred to or from the Account pursuant to this section, and, (2) the Market
Value and Adjusted Market Value of such Eligible Collateral as of the date of such
transaction.
3. Custody of Eligible Securities:
a. The Bank and Local Government hereby appoint the Custodian as custodian of all Eligible
Securities at any time delivered to the Custodian pursuant to this Agreement. The Custodian
hereby accepts appointment as such Custodian and agrees to establish and maintain the
Account and appropriate records identifying the Eligible Securities as pledged by the Bank
to the Local Government. The account shall be kept separate and apart from the general
assets of the Custodian and will not, in any circumstances, be commingled with or become
part of the backing for any other depositor liability of the Custodian. The custodian, in
performing its duties and responsibilities pursuant to this Agreement, shall,act as-Custodian
for, and agent of, the Local Government.
b. The Bank and Local Government agree that Eligible Securities delivered to the Custodian
for deposit in the Account may be in the form of credits to the accounts of the Custodian at
the Book Entry System, or a Depository, or by delivery to the Custodian of the physical
certificates in a form suitable for transfer, or with an assignment in blank to the Local
Government or Custodian. The Bank and 'Local Government hereby authorize the
Custodian on a continuous and ongoing basis to deposit in the Book Entry System and/or
the Depositories all Eligible Securities that may be deposited therein and to utilize the Book
Entry System and/or Depositories and the receipt and delivery of physical securities or any
combination thereof in connection with its performance hereunder. Eligible Securities
credited to the Account and deposited in the Book Entry System or Depositories or other
financial intermediaries will be represented in accounts of the Custodian that include only
assets held by the Custodian for customers, including, but not limited to, accounts in which
the Custodian acts in'a fiduciary, agency, or representative capacity. Eligible Securities
that are not held in the Book Entry System, Depositories or through another financial
intermediary will be held in the Custodian's vault and physically segregated from securities
and other non-cash property belonging to the Custodian.
C. The Custodian shall provide the Local Government and Bank with a written confirmation
on each Business Day on which Eligible securities are transferred to and from the Account.
Such confirmation shall identify the specific securities which are the subject of the
confirmation and state both the Market Value and Adjusted Market Value thereof. The
Custodian shall also-provide the Local Government and the Bank each month with a
statement identifying all Eligible Securities in the Account, the Market Value and Adjusted
Market Value thereof as of the date of such statement.,
d. The Account shall not be subject to any security interest, lien, or any right of set-off by or
against the Custodian.
e. With respect to all Eligible Securities held in the Account,the Custodian by itself,or through
the use of the Book Entry System or appropriate -Depository,shaIl,unless otherwise
instructed to the contrary by the Bank; (i) collect all income and other payments reflecting
interest and principal on the Eligible Securities in the Account and credit such amounts to
the account of the Bank; (ii) forward to the Bank copies of all information or documents
that it may receive from an issuer of Eligible Securities which,in the opinion of the
Custodian.are intended for the beneficial owner of the Eligible Securities including,without
limitation,all proxies and other authorizations properly executed and ail proxy
statements,notices and reports; (iii) execute,as Custodian,any certificates of ownership,
affidavits,declarations or other certificates under any tax laws now or hereafter in effect in
connection with the collection of bond and note coupons; (iv) hold
directly, or through the Book Entry System or Depository, all rights issued with respect to
any Eligible Securities held by the Custodian hereunder; and (v) upon receipt of written
instruction from the Bank, the Custodian will exchange Eligible Securities held hereunder
for other securities and/or cash in connection with (a) any conversion privilege,
reorganization, recapitalization, redemption in kind, consolidation, tender offer or
exchange offer, or(b) any exercise, subscription, purchase or other similar rights.
4. Events of Default:-
In
efault:-In the event the Bank shall fail to pay the Local Government any amount of the Deposits by the
Local Government covered by this Agreement in accordance with the terms of such Deposit, or
should the Bank fail or suspend active operations, the Deposits in such Bank shall become due
and payable immediately and the Local Government, shall have the right to unilaterally demand
delivery of all Eligible Securities in the Account by notice to the Custodian and to sell such
securities at public or private sale. In the event of such sale, the Local Government, after
deducting all legal expenses and other costs, including reasonable attorneys fees, from the
proceeds of such sale, shall apply the remainder towards any one or more of the liabilities of the
Bank to the Local Government and shall return the surplus, if any, to the Bank.
5. Representations and Warranties:
(a) Representations of the Bank
The Bank represents and warrants that:
(1) it is the legal and actual owner, free and clear of all liens and claims, of all Eligible
Securities pledged pursuant to this Agreement;
(2) the form of this Agreement was approved by its board of directors;
(3) this Agreement was executed by an officer of the Bank who was authorized by the Bank's
board of directors to do so and will at all times be maintained as an official record of the
Bank;
(4) all securities pledged pursuant to this Agreement are Eligible Securities and all letters of
credits and surety bonds obtained by the Bank in satisfaction of its obligations hereunder
and of which the Local Government is the beneficiary are Eligible Collateral.
(5) the bank is a bank or trust company located and authorized to do business in the State of
New York; and,
(6) all acts, conditions, and things required to exist, happen or to be 'performed on its part
precedent to and in the execution and delivery of this Agreement exist or have happened or
have been performed.
(b) Representations of the Local Government
The local Government hereby represents and warrants that:
(1) this Agreement has been legally and validly entered into, does not and will not violate any
statute or regulation applicable to it and is enforceable against the Local Government in
accordance with its terms: v
(2) the appointment of the Custodian has been duly authorized and no other action by the Local
Government is required and this Agreement was executed by an officer of the Local
Government authorized to do so;
(3) it will not transfer, assign its interests in or the rights with respect thereto any Eligible
Securities pledged,pursuant to this Agreement except as authorized-pursuant section 4 of
the Agreement; and,
-(4) all acts, conditions and things required to exist, happen or to be performed on its part
precedent to and in the execution and delivery of this Agreement exist or have happened or
have been performed.
6. Concerning the Custodian:
(a) The Custodian shall not be liable for any loss or damage, including counsel fees, resulting
from its action or omission to act or otherwise, except for any loss, damage, claim or
expense arising out of its own negligence or willful misconduct, and shall have no
obligation hereunder for any loss or damage, including counsel fees which are sustained or
incurred by reason of any action or inaction by the Book Entry System or Depository. The
Custodian may, with respect to questions of law, apply for and obtain the advice and
opinion of competent counsel and shall be fully protected with respect to anything done or
omitted by it in good faith and conformity with such advice or opinion. The Local
Government and Bank agree, jointly and severally, to indemnify the Custodian and to hold
it harmless against any and all costs, expenses, damages, liabilities or claims, including
reasonable fees and expenses of counsel, which the Custodian may -sustain or incur or
which may be asserted against the Custodian by reason of or as a result of any action taken
or omitted by the Custodian in connection with operating under this Agreement, except
those costs, expenses, damages, liabilities or claims arising out of the negligence or willful
misconduct of the Custodian or any of its employees or duly appointed agencies. This
indemnity shall be a continuing obligation of the Local Government and Bank
notwithstanding the termination of this Agreement.
(b) The Custodian shall not be responsible for, or considered to be the Custodian of, any
security received by it for deposit in,the Account until the Custodian actually receives and
collects such security directly or by the final crediting of the Custodian's account on the
books of the Book entry System or the appropriate Depository. The Custodian will be
entitled to reverse any credits made on the Local Government's behalf where such credits
have been previously made and the Eligible Securities are not finally collected.
(c) The Bank shall pay to the Custodian such fees as may be agreed upon from time to time.
(d) The Custodian shall have no duties or responsibilities whatsoever except such duties and
responsibilities as are specifically set forth in this Agreement and no covenant or obligation
shall be implied against the Custodian in connection with this Agreement.
(e) The Local Government's authorized officer, upon reasonable notice, shall have access to
the Custodian's books and records maintained with respect to the Local Government's
interest in the Account during the Custodian's normal business hours. Upon the reasonable
request of the Local Government, copies of any such books and records shall be provided
by the Custodian to the Local Government or the Local Government's authorized officer at
the Local Government's expense.
7. Termination:
Any of the parties hereto may terminate this Agreement by giving to the other parry a notice in
writing specifying the date of such termination, which shall be the earlier of(i) not less than 90
days after the date of giving such notice or (ii) the date'on which the deposits are repaid in full.
Such notice shall not affect or terminate the Local Government's security interest in the Eligible
Securities in the Account. Upon termination hereof, the Bank shall pay to the Custodian such
compensation as may be due to the Custodian as of the date of such termination and the
Custodian shall follow such reasonable Written Instructions of the Bank and the Local
Government concerning the transfer_ of custody of Eligible Securities, collateral records and
other items.
In the event of a 'discrepancy between Written Instructions of the Bank and the Local
Government. the Custodian shall act pursuant to the Local, Government's Written Instructions.
Upon the date set forth in"the termination notice, this Agreement shall terminate except as
otherwise provided herein and all obligations of the,parties to each other hereunder shall cease.
8. Nliiscellaneous:
(a) The Local Government and Bank each agrees to furnish to the Custodian a new Certificate
(Exhibit C) in the event that any present Authorized Person ceases to be an Authorized
Person or in the event that any other Authorized persons are appointed and authorized.
Until such new Certificate is received, the Custodian shall be fully protected in acting upon
Oral or Written instructions or signatures of the present Authorized Persons.
(b) Any Written Instructions or other instrument in writing authorized or required by this
Agreement shall be given to-the Custodian and shall be sufficiently given if sent to the
Custodian by regular mail to its Offices at 4 New York Plaza, 4th Floor, New York, New
York 10004, or at such other place,as the Custodian may from time to time designate in
writing.
(c) Any notice or other instrument in writing authorized or required by this Agreement to be
given to the Bank shall be sufficiently given if sent to the Bank by regular mail to, its
Offices at P.O.Box 8914, Melville, New York 11747, or at such other place as the Bank
may from time to rime designate in writing.
(d) Any notice or other instrument in writing, authorized or required by this Agreement to'be
given to the Local Government shall be sufficiently given,if sent to the Local Government
by regular mail to its Offices at rrr,N 'aey -cx)un .%o ,y4 I1971_L1 or at such
other Offices as the Local Government may from time to time designate in writing.
(e) In case any provision in or obligation under this Agreement shall be invalid. illegal or
unenforceable in any jurisdiction, the validity, legality and unenforceability of the
remaining provisions or obligations shall not in any way be affected or impaired thereby
and if any provision is inapplicable to any person or circumstances, it shall nevertheless
remain applicable to all other persons and circumstances.
(f) This agreement may not be amended or modified in any manner except by written
agreement executed by all of the parries hereto. _
6 -' �
(�) This Agreement shall extend to and be binding upon the parties hereto, and their respective
successors and assigns; provided; however, that this Agreement shall not be assignable by
any parry without the written consent of the other parties.
(h) This Agreement shall be construed in accordance with the laws of the State of New York
without regard to conflict of law principles thereof.
9. Definitions:
Whenever used in this Agreement the following terms shall have the following meanings:
a. "Account" shall mean the custodial account established with the Custodian for the benefit
of the Local Government as secured parry, in accordance with this Agreement.
b. "Adjusted Market Value" shall be one hundred percent of Market Value except that: (1) in
the case of Eligible Securities enumerated in subparagraphs (v), (vi), and (vii) of Exhibit B,
the ?adjusted Market be an amount equal to its Market Value multiplied by 0.9, if such
Eligible Security is not rated in the highest rating category by at least one nationally
recognized statistical rating agency, but, is so rated in the second highest rating category,
and an amount equal to its Market Value multiplied by 0.8, if such Eligible Security is not
so rated in one of the two highest categories, but, is so rated in the third highest rated
category; (2) in the case of Eligible Securities enumerated in.subparagraphs (viii), (x), and
(xi) of Exhibit B, the adjusted Market Value shall be an amount equal to its Market Value
multiplied by 0.8; and , (3) in the case of Eligible Letters of Credit, the Adjusted Market
Value shall be divided by one hundred and forty percent of Market Value.
C. "Authorized Person" shall be any officer of the Local Government or Bank, as the case
may be, duly authorized to give Oral Instructions or Written Instructions on behalf of Local
Government or,Bank, such persons to be designated in a Certificate substantially in the
form of Exhibit "C" attached hereto, as such Exhibit may be amended from time to time.
d. 'Bank" Shall mean any bank as defined by the banking law of the State of New York or a
national banking association located and authorized to do business in New York.
e. 'Book Entry System" shall mean the Federal Reserve/Treasury Book Entry System for
receiving and delivering government securities.
f. 'Business Day" shall mean any day on which the Custodian and the Bank are open for
business and on which the Book Entry System, and/or the Depositories are open for
business.
g. "Certificate" shall mean the Certificate attached hereto as Exhibit "C".
h. "Collateral Requirement" shall mean the amounts required in Exhibit "A" unless the Bank
and Local Government agree to a different amount in accordance with this Agreement.
L, "Depository" shall include the Depository Trust Company, the Participants Trust Company
and other securities depositories and clearing agencies (and their successors and nominees)
registered with the Securities and Exchange Commission or otherwise regulated by
appropriate federal or state agencies as a securities depository or clearing a'gmcy.
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j. "Deposits" shall,mean all deposits by the Local Government in the Bank that are available
for all uses generally permitted by the bank to the Local Government for actually and '
finally collected funds under the Bank's account agreement or policies,
k. "Eligible Collateral" shall mean EIigible Securities, Eligible Letters of Credit, and Eligible
Surety Bonds.
1. "Eligible Letter of Credit" shall mean an irrevocable letter of credit issued in favor of the
Local Government for a term not to exceed-ninety days by either: (1) a bank (other than the
Bank) whose commercial paper and other unsecured short-term debt obligations (or, in the
case of a bank which is the principal subsidiary of a holding company, whose holding
company's commercial paper and other unsecured short-term debt obligations) are rated in
one of three highest rating categories, based on the credit of such bank or holding company
by at least one nationally recognized statistical rating organization; or, (2) by a bank (other
than the Bank) which is in compliance with applicable Federal minimum risk-based capital
requirements.
m. "Eligible Securities" shall mean any securities of the types enumerated in the Schedule of
Eligible Securities attached hereto as Exhibit "B", as such Schedule may be amended by the
parties in writing from time to time. Such Schedule may establish limitations pertaining to
the types or amounts of Eligible Securities which may be provided pursuant to this
Agreement.
n. "Eligible Surety Bond" shall mean a bond executed by an insurance company authorized to
do business in the State of New York, the claims paying ability of which is'rated in the
highest rating category, by at least two nationally recognized statistical rating
organizations.
o. "Market Value" shall mean, with respect to any Eligible Security held in the Account, the
market value of such Eligible Security as made available to the Custodian by a generally
recognized source selected by the Custodian or by the Bank or the most recently available
closing bid quotation from such source plus, -if not reflected in the market value, any
accrued interest thereon, or, if such source does not make available a market value or a
closing bid price for a particular security, the market value shall be as determined by the
Custodian in its sole discretion based on information furnished to the Custodian by one or
more brokers or dealers-or based on information otherwise reasonably acceptable to the
Local Government; provided however that, if agreed in writing by the parties hereto, the
Bank may provide the Custodian with such Market Values. The Market Value of Eligible
Letters of Credit and Eligible Surety Bonds shall be the face amount thereof.
p. "Margin Percentage" shall equal }Cy percent.
q. "Nationally Recognized Statistical Rating Organization" shall mean,, Moody's, Standard
and Poors, Fitch, Duff and Phelps, BankWatch, and IBCA and, in the case of Eligible
Surety Bonds, shall also include Bests.
r. "Oral Instructions" shall mean, verbal instructions actually received by the Custodian from
an Authorized Person, or from a person reasonably believed by the Custodian to be an
Authorized Person.
s
S. "Substitute Collateral" shall have meaning set forth in paragraph c of Section 2 of this
Agreement.
9
t. "Uninsured Deposits" shall mean that portion of the Local Government's Deposits with the
Bank which exceeds the insurance coverage available from the Federal Deposit Insurance
Corporation.
U. "Written Instructions" shall mean written communications actually received by the Bank or
the Custodian from an Authorized Person or from a person reasonably believed by the
Bank or the Custodian to be an Authorized Person by a computer, telex, telecopier or any
other system whereby the receiver of such communications is able to verify by codes, or
otherwise with a reasonable degree of certainty, the identity of the sender of such
communications.
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IN.WITNESS WBEREOF, the parties hereto have caused the-Agreement
to be executed by their-respective officers thereunto duly authorized and their_ respective seals to be
hereunto affixed, as of the day and yearfirst ove written.
By: - ' -
Name: Ke in M. O'Connor
Title: Senior Vice President
Address: North Fork Bank, P.O.Box 5914, Melville, NY 11747
By: C-D G�n�v r�►,L;
Name: Jkaj W. Cochran
Title: Supervisor
Address: Town of Southold,53095 Main Road,Southold -vY 11971-0959
ACCEPTE
By:
Name: ? ij
Title: rs%r •'cc /e:.' 2� °
Address: The Chase Manhattan Bank.4 New York Plaza.
4th Floor. New York. NY 10004
Y -
EXMIT A
OPTION A:
Schedule of Anticipated Deposit and Collateral Requirements
Maximum Amount of Anticipated
Uninsured Deposits Amount of collateral required
January
February
March
April
May
June
July
August
September
October
November
December
OPTION B:
Collateral Requirement. On any Business Day that the Local Government has Uninsured
Deposits in the Bank, the bank, in accordance with paragraph b of Section 2 of this Agreement, agrees to
deliver, or cause to be delivered to the Custodian for deposit in the Account, Eligible Collateral having
Adjusted Market value equal to the Collateral Requirement. For purposes of this Agreement. Collateral
Requirement shall mean the amount of such Uninsured Deposits times the Margin Percentage, if any.
12
. A
EXHIBIT B
Schedule of Eligible Securities
(i) Obligations issued. or fully insured or guaranteed as to the payment of principal and interest, by
the United States of America. an agency thereof or a United States government sponsored
corporation.
Obligations issued or fully guaranteed by the International Bank for reconstruction and
Development, the Inter-American Development Bank, the Asian Development Bank, and the
African Development Bank.
Obligations partially insured or guaranteed by any agency of the United States of America. at a
proportion of the Market Value of the Obligations that represents the amount of the insurance or
guaranty.
(iv) Obligations issued or fully insured or guaranteed by the State of New York, obligations issued by a
municipal corporation. school district or district corporation of such State, or obligations of any
public benefit corporation which, under a specific State statute may be accepted as security for
deposit of public moneys.
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EXHIBIT C
Certificate of Authorized Persons
14
NORTH FORK BANK
INSTRUCTIONS FOR THIRD PARTY CUSTODIAN AGREEMENT AND SIGNATURE CARD
The following package contains three (3) Third Party Custodian Agreements and one (1) blue
Chemical Bank (Chase) Signature Card
1. KEY POINTS FOR FILLING OUT THE AGREEMENT:
Page 6-section 8. Miscellaneous (d)-fill in Local Government address
Page 8-section 9. Definitions (p)-fill in Percentage
Page 10- have duly authorized officer for the Local Government sign in the second space. The Chase
Manhattan Bank Officer will sign under the accepted space; and North Fork Bank Officer will sign in the
top space.
Page 13-fill in authorized persons to release security on behalf of the Local Government.
2. KEY POINTS FOR FILLING OUT THE SIGNATURE CARD:
On the back of the blue Chemical Bank (Chase) signature card have authorized personnel who are
empowered to release securities sign under specimen signature. North Fork Bank (Pledgor) will sign by
the authorized signature at the bottom of the signature card.
This card is used for the purpose of comparing specimen signatures on letters of release from Local
Government requested by North Fork Bank to the card on file making sure the proper party is authorized
to release such collateral.
Return all three (3) agreements and the blue signature card to North Fork Bank. We will forward all
agreements and the signature card to The Chase Manhattan Bank to be fully executed. After receiving two
(2) fully executed copies back from The Chase Manhattan Bank, one (1) will be forward on to the Local
Government for their records.
15
EXHIBIT C
Certificate of Authorized Persons
TOWN OF SOUTHOLD
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19
................................................................................ TRANSMISSION RESULT REPORT ....................(JUN 20 '95 04:22PM).................
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SOUTHOLD TOWN HALL 516 765 1823-
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823.................................................................................................................................................................................. (AUTO) .....................
DATE START REMOTE TERMINAL TIME RE- MODE TOTAL PERSONAL- LABEL FILE
TIME IDENTIFICATION SULTS PAGES NO.
JUN 20 04:22PM 2985643 00'24" OK ES 01 011
.......................................................................................................................................................................................................................
E)ECM >)REDUCTION S)STANDARD M)MEMORY C)CONFIDENTIAL #)BATCH
D)DETAIL $)TRANSFER
F)FINE P)POLLING
NORTH FORK RANK
CORPORATE HEADQUARTERS `
INFORMATION SERVICES DIVISION
PHONE:(516)298-5000
FAX: (516)298-5643
FAX TRANSMITTALFORM
TO: NAME:
FIRM: w, c
FAX#:
FROM:
NAME:
TOTAL NUMBER OF PAGES INCLUDING COVER SHEET
DATE: 4 f a ca 5
COMMENTS:
s s CONFIDENTIALITYNOTEss
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