1968-01-08 - Resolution 1968-01 - Bank of Elk Grove designated as a repository f' RESQW ION No. 68-1
I, the undersigned, do hereby certify, that the following is a co;aplete,
true, and correct copy of certain resolutions bf the Board of Directors of
Village of Buffalo Grove, a corporation duly organized and existing under
the laws of the State of Illinois, which resolutions were duly adopted at
a duly called meeting of the said Board, held on December 11, 1967, a quorum
being present, and are set forth in the minutes of the said meeting; that
I am the keeper of the corporate seal and of the minutes and records of this
Corporation; and that the said resolutions have not been rescinded or modifieds
BE IT RESOLVED.. that the Bank of elk Grope, Elk Grove Village, Illinois
(hereinafter sometimes referred to as the "Bank") be and hereby is desig-
nated a depositary in which the funds of thiI Corporation may be deposited
by its officers, agents, and employes, and that such officers, agents,
and employes shall be and each of them hereby is authorized to indorse
for deposit or negotiation any and all checks, drafts, notes, bills of
exchange, and orders for the payment of money, either belonging to or
coming into possession of this Corporation. Indorsements for deposit
may be by the written or stamped indorsement of this Corporation without
designation of theperson making the indorsement;
BE IT FURTHER RESOLVED, that the
President, Donald J. Thompson;
Village Clerk, Dorothy C. Hopkins;
Village Treasurer, Edward C. Dreher, Jr. ; (any two signatures)
of this Corporation are authorized to SIGN ANY AND ALL CHECKS, DRAFTS,
AND ORDERS, including orders or directions in informal or letter form,
against any funds at any time standing to the credit of this Corporation
with the said Bank, and/or against any account of this Corporation with
the said Bank, and that the said Bank hereby is authorized to honor any
and all checks, drafts and orders so signed, including those drawn to
the individual order of any such officer and/or other person signing the
same, without further inquiry or regard to the authority of said officer(s)
and/or other person(s) or the use of said checks, drafts and orders, or
the proceeds thereof.
BE IT FURTHER RESOLVED, that each of the foregoing resolutions shall
continue in force until express written notice of its rescission or modifir4
cation has been received by the said Bank, but if the authority contained
in them should be revoked or terminated by operation of law without
such notice, it is resolved and hereby agreed for the purpose of
inducing the said Bank to act thereunder, that the said Hank shall
be saved harmless from any loss suffered or liability incurred by
it in so acting after such revocation or termination without such
notice.
I FURTHER CERTIFY that the following named persons are the officers of
the said Corporation, duly qualified and now acting as such:
President, Donald J. Thompson
Village Clerk, Dorothy C. Hopkins
Treasurer, Edward C. Dreher, Jr.
IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the
seal of the said Corporation, this day of , A.D. 1968.
Village Clerk
ff,
yVtl
c41 CORPORATION
I, the undersigned, Do Hereby Certify, that the following is a complete, true and correct copy
of certain resolutions of the Board of Directors of Village of Buffalo Grove
(Name of corporation in full)
a corporation duly organized and existing under the laws of the State of Illinois
(Name of State where organized)
which resolutions were duly adopted at a duly called meeting of the said Board, held on Dec. 11,
(Date of meeting)
19 67 , a quorum being present, and are set forth in the minutes of the said meeting; that I am the
keeper of the corporate seal and of the minutes and records of this Corporation; and that the said
resolutions have not been rescinded or modified:
Be It Resolved, that THE BANK OF ELK GROVE, Elk Grove Village, Illinois
(hereinafter sometimes referred to as the("Bank") be and hereby is designated a depos-
itary in which the funds of this Corporation may be deposited by its officers, agents, and
employes, and that such officers, agents, and employes shall be and each of them hereby
is authorized to indorse for deposit or negotiation any and all checks, drafts, notes, bills
of exchange, and orders for the payment of money, either belonging to or coming into
possession of this Corporation. Indorsements for deposit may be by the written or stamped
indorsement of this Corporation without designation of the person making the indorse-
ment;
Be It Further Resolved, that the
President, Donald J. Thompson
Village Clerk, Dorothy C. Hopkins
Village Treasurer, Edward C. Dreher, Jr.
(Any two signatures)
(Titles of officers and/or other persons authorized to sign checks; e.g.: President,Treasurer, etc.; also, please indicate in
what manner the above-named officers are to sign—singly, any two, or jointly,etc.)
of this Corporation (are) (is) authorized to SIGN : ANY AND ALL CHECKS,
DRAFTS, AND ORDERS, including orders or directions in informal or letter form,
against any funds at any time standing to the credit of this Corporation with the said
Bank, and/or against any account of this Corporation with the said Bank, and that the
said Bank hereby is authorized to honor any and all checks, drafts and orders so signed,
including those drawn to the individual order of any such officer and/or other person
signing the same, without further inquiry or regard to the authority of said officer (s)
and/or other person(s) or the use of said checks, drafts and orders, or the proceeds
thereof.
they Resolved, that the
Presiders , onald J. Thompso ---'"'
7r
7/4. Village Clerk r C. Hopkins (Any two signatures)
V11 Treasurer, Edward Dreher, Jr.
(Plea3o-Ifidicate in what manner the above named officers are to sign—singly, any two, or jot tly, etc.)
• .•'s Corporation (are) (is) authorized to borrow fro.• ime to time on behalf of this
Corporate. .m the said Bank such sums of mo• - • or such times and upon such terms
as may to them, or a . them, seem advi - . e, and to execute in the name of the Cor-
poration notes, drafts, or agree - • f. • e re-payment of any sums so borrowed, and
l ey and each of them are hereb .ut o ':-. to discount with the said Bank any of the
notes, bills receivable or acc- : ances held by this ..ration upon such terms as they
( may deem advisable an. o pledge or hypothecate as secur . said Bank any of the
notes, bonds, stoc •ills receivable, warehouse receipts and/or other . . . •. •nts, accounts,
securities and property of the Corporation, and to execute and deliver an, - d all
endorsem- - s or instruments of assignment or transfer which may be necessary or pro.
in s • cases effectually to transfer to the said Bank the property so hypothecated or
• vered• -_
Be It Further Resolved, that each of the foregoing resolutions shall continue in
force until express written notice of its rescission or modification has been received by
the said Bank, but if the authority contained in them should be revoked or terminated
by operation of law without such notice, it is resolved and hereby agreed for the purpose
of inducing the said Bank to act thereunder, that the said Bank shall be saved harmless
from any loss suffered or liability incurred by it in so acting after such revocation or
termination without such notice.
I further Certify that the following named persons are the officers of the said Corporation, duly
qualified and now acting as such:
President Donald J. Thompson Asst. Secretary
Vice-President Asst. Treasurer
Vice-President
Clerk
sammy Dorothy C. Hopkins
Treasurer Edward C. Dreher, Jr.
In Witness Whereof, I have hereunto subscribed my name and affixed the seal of the said Cor-
poration, this . . . . . . day of , A. D. 19
Clerk
SEAL
IMPORTANT:
Imprint Seal of
Corporation Here.
W. B. •O. S. 0-7993
RETAIN THIS COPY FOR YOUR FILE
I, the undersigned, Do Hereby Certify, that the following is a complete, true and correct copy
of certain resolutions of the Board of Directors of Village of Buffalo Grove
(Name of corporation in full)
a corporation duly organized and existing under the laws of the State of Illinois
(Name of State where organized)
which resolutions were duly adopted at a duly called meeting of the said Board, held on Dee- 11._—
(Date of meeting)
19 67 , a quorum being present, and are set forth in the minutes of the said meeting; that I am the',
keeper of the corporate seal and of the minutes and records of this Corporation; and that the said
resolutions have not been rescinded or modified:
Be It Resolved, that THE BANK OF ELK GROVE, Elk Grove Village, Illinois
(hereinafter sometimes referred to as the "Bank") be and hereby is designated a depos-
itary in which the funds of this Corporation may be deposited by its officers, agents, and
employes, and that such officers, agents, and employes shall be and each of them hereby
is authorized to indorse for deposit or negotiation any and all checks, drafts, notes, bills
of exchange, and orders for the payment of money, either belonging to or coming into
possession of this Corporation. Indorsements for deposit may be by the written or stamped
indorsement of this Corporation without designation of the person making the indorse-
ment;
Be It Further Resolved, that the
President, Donald J. Thompson
Village Clerk, Dorothy C. Hopkins
Village Treasurer, Edward C. Dreher, Jr.
(Any two signatures)
(Titles of officers andother persons authorized to sign checks; e.g.: President, Treasurer;etc.; also, please indicate in
what manner the above-named officers are to sign—singly, any two, or jointly,etc.)
of this Corporation (are) (is) authorized to SIGN ANY AND ALL CHECKS,
DRAFTS, AND ORDERS, including orders or directions in informal or letter form,
against any funds at any time standing to the credit of this Corporation with the said
Bank, and/or against any account of this Corporation with the said Bank, and that the
said Bank hereby is authorized to honor any and all checks, drafts and orders so signed,
including those drawn to the individual order of any such officer and/or other person
signing the same, without further inquiry or regard to the authority of said officer (s)
and/or other person(s) or the use of said checks, drafts and orders, or the proceeds
thereof.
'.--Be .Further Resolved, that the
Preside Donald J. Thompson
//`N-" Village Clerk, Diirohy C. Hopkins__ (Any two signatures)
/1/:
Village Treasurer, Edward ;-reher, Jr.
(Please indicate in what manner the above named officers are to sign—singly,y , 'ointly, etc.)
V � ,
•
of this Corporationrj are) (is) authorized to borrow from time to time o e alf of this
Corporation from the said'-BAnk such sums of money for such tim d upon such terms
as may to them, or any of them;Sew advisable, and to ex a in the name of the Cor-
poration notes, drafts, or agreements for-the,re-payment of any sums so borrowed, and
they and each of them are hereby authorized__te iscount with the said Bank any of the
, otes, bills receivable or acceptances,,h iy this Corporatio upon such terms as they
may deem advisable and to ple -or hypothecate as security-to-said Bank any of the
notes, bonds, stocks, bills re wable, warehouse receipts and/or other doc ents, accounts,
securities and/or property of the Corporation, and to execute and deliver and all
endorsements-or instruments of assignment or transfer which may be necessary or p er
in suck "cases effectually to transfer to the said Bank the property so hypothecated or
delivered;
Be It Further Resolved, that each of the foregoing resolutions shall continue in
force until express written notice of its rescission or modification has been received by
the said Bank, but if the authority contained in them should be revoked or terminated
by operation of law without such notice, it is resolved and hereby agreed for the purpose
of inducing the said Bank to act thereunder, that the said Bank shall be saved harmless
from any loss suffered or liability incurred by it in so acting after such revocation or
termination without such notice.
I further Certify that the following named persons are the officers of the said Corporation, duly
qualified and now acting as such:
President Donald J. Thompson Asst. Secretary
Vice-President Asst. Treasurer
Vice-President
Clerk
MikatNtSr Dorothy C. Hopkins
Treasurer Edward C. Dreher, Jr.
In Witness Whereof, I have hereunto subscribed my name and affixed the seal of the said Cor-
i
poration, this day of , A. D. 19
Cl erk
SEAL
IMPORTANT:
Imprint Seal of
Corporation Here.
? - W.S. !O. S. 12-7110,