1977-02-14 - Resolution 1977-07 - Bank of Buffalo Grove signatories for Civil Defence Fund savings Account Village of Buf flu Grove '7 1— 7 CORPORATION
Civil Defense Fund Savings Account #800064 •
•
I, the undersigned, Do Hereby Certify, that the following is a complete, true and correct copy of certain
Village of Buffalo Grove
resolutions of the Board of Directors of
(Nameof 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 February 14 , 19 7
(Date of meeting)
19 , 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not been rescinded or modified: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 Buffalo Grove
be and hereby is designated a depositary in which the funds of this Corporation may be de-
posited by its officers, agents, and employes, and that the Village Treasurer
shall be and each of them hereby is authorized to endorse for deposit or negotiation any and
all checks, drafts, notes, bills of exchange, and orders for the payment of money, either be-
longing to or coming into possession of this Corporation. Endorsements for deposit may be
by the written or stamped endorsement of the company without designation of the person
making the endorsement.
Be It Further Resolved, that the Village Treasurer Nicholas Rubino, or
Village Finance Director Richard W. Glueckert (one must sign) , and
Village President Edward A. Fabish, or Village Clerk Verna L.
Clayton (one must sign) .
(Titles of officers and/or other persons authorized to sign checks: e. g.: President, Treasurer, etc.: also please indicate in what man-
ner 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 fur-
ther 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 Reso ve ,
(Please indicate in what manner the above named officers aro to sign—singly. any two. or jointly. etc.) �\
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• Cadwallader &Johnson,Chicago. Form No. CR•5.
f
his Corporation (are) (is) authorized to borrow from time
mCto time
s upon ehalf f of this
s as may
Cor-
poration said Bank such sums of money for such
to them, or any of the , advisable, and to execute in the name of the Corporation notes,
drafts, or agreements for the re- nt of any sums so borrowed, and they bias rend eav blf
h of
them are hereby authorized to discount wi
said Bank any of the notes,
or acceptances held by this Corporation upon suc s as they may deem advisable
recand
to pledge or hypothecate as security to said Bank any of t es,bonds, stocks, bills
iv-
able, warehouse receipts and/or other documents, accounts, secure • and/or property of the
Corporation, and to execute and deliver any and all endorsements or ins ents of assign-
ment or transfer which may be necessary or proper in such cases effectually •ansfer to
the said Bank the property so hypothecated or delivered;
Be It Further Resolved, that this corporation by its duly authorizedGrove agent, enter into an
agreement with the said
Bank of Buffalo
contemporaneously with the opening of said account whereby said corporation agrees in con-
siderationes the opening of said account
t to assume and roceedigs brought aga al gainst the, costs and said Bank by rrney's
eason
fees incurred by said Bank in any legalp
of the said cortrat on further agrees
any timeat any funds in be applied towardssession of the payment of such expenses.
o the
and e penses.
credit of thiss po
Be It Further Resolved, that each of the foregoing resolutions shall continue in force un-
til express written notice of its rescision 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 armless ess from
ionany
loss suffered
u such
or liability incurred by it in so acting after such revocation
or notice.
I Further Certify that the following named persons are the officers of the said Corporation, duly quali-
fied and now acting as such:
Villa ge • Asst. Secretary
Presided .
Village Clerk s reasu r
V .' e. r ATitt age Vinance
. Director
Vice-President achard W. Glueckert
Secretary
Village
Treasurers=chi
In Wi
tness Whereof, I ave hereunto subscribed my name and affixed the seal of the said Corporation,
this
_ day of , A. D. 19��
Secretary.
SEAL . V{? age C:V=.,c
IMPORTANT:
Imprint Seal of
Corporation Here. .