May 24, 2020 Congregational and Corporation Meetings

A meeting of the congregation and corporation of Warner Memorial Presbyterian Church will be held via Zoom on Sunday, May 24, 2020 following Zoom worship. The purpose of the meeting is twofold. First the congregation will consider a change to the Warner bylaws to allow electronic congregational and corporation meetings. Specifically, the congregation will consider the following paragraph to be added to the Warner bylaws:

Although the meeting does not comport with the present PC(USA) constitution, the Congregation and/or Corporation may meet by electronic means with reasonable notice of the electronic meeting, quorum, and at least one moderator, and take actions required to address the business of the Church. Reasonable notice may vary according to the needs of the community. Decisions made at electronic meetings will need to be ratified at a later properly called meeting, regular or special.


Second, the congregation will consider the following resolutions required to secure a loan for the replacement of Warner’s air conditioning.

RESOLVED, the Warner Memorial Presbyterian Church of Kensington, Maryland (“Congregation”) desires to provide approval for the Warner Memorial Presbyterian Church of Kensington, Maryland, (the "Church Corporation”) to borrow money from the Presbyterian Church (U.S.A.) Investment and Loan Program, Inc. (“Lender”) funded by Endowment Funded Loans.

Amount of Loan: $100,000.00
Type of Loan :  Unsecured (Evidenced by a Promissory Note)
Purpose of the Loan:  Non-Construction

FURTHER, BE IT RESOLVED that the Congregation approves the Church Corporation entering into a loan as indicated above.

During the corporation meeting, the congregation will consider and vote on the following resolutions:

RESOLVED, Warner Memorial Presbyterian Church of Kensington, Maryland, a Maryland religious corporation (“Church Corporation”) desires to borrow money as follows from the Presbyterian Church (U.S.A.) Investment and Loan Program, Inc (Lender) funded by   Endowment Funded Loans.

Amount of Loan: $100,000.00
Type of Loan :  Unsecured (Evidenced by a Promissory Note)
Purpose of the Loan:  Non-Construction

FURTHER, BE IT RESOLVED, that the Church Corporation is authorized to enter into a loan as indicated above and that the officers of the Church Corporation as listed on the attached Certificate of Incumbency marked Exhibit A are authorized to sign any and all loan documents, including but not limited to the Promissory Note as authorized agents of the Church Corporation.