AUTOFUND SERVICING INC
8-A12B, EX-99.19, 2000-10-13
MISCELLANEOUS BUSINESS CREDIT INSTITUTION
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                      RESOLUTION OF THE BOARD OF DIRECTORS

                                       OF

                            AutoFund Servicing, Inc.
                              A Nevada Corporation



BE IT RESOLVED  THAT the letter of  resignation  tendered by Richard  Fritzler a
director of the corporation is hereby accepted.















Dated as of July 11, 2000.



                                                     Original signature on file
                                                     ---------------------------
                                                     James D. Haggard/Director





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