AUTOFUND SERVICING INC
8-A12B, EX-99.15, 2000-10-13
MISCELLANEOUS BUSINESS CREDIT INSTITUTION
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                      RESOLUTION OF THE BOARD OF DIRECTORS

                                       OF

                            AutoFund Servicing, Inc.
                              A Nevada Corporation



         I,  R. D.  Fritzler,  here  by  tender  my  resignation  as  President,
Secretary,  Treasurer of AutoFund  Servicing,  Inc.,  (formally  known as Sphinx
Industries,  Inc.) a  corporation  formed under the laws of the State of Nevada,
such resignation to be effective immediately.






















Dated as of July 11, 2000



                               original signature on file
                               --------------------------
                               Richard Fritzler, President, Secretary, Treasurer





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