1977-02-14 - Resolution 1977-09 - Bank of Buffalo Grove signatories for MFT Fund Account •
CORPORATION
Village. o,f Buffalo Grove
MFT Fund Account 00-208-9
•
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— -Vi 1 e of Buffalo Grove —
�- 9 (Name of corporation in full)
a corporation duly organized and existing under the laws of the State of— i na y
(Name of State where organized)
which resolutions were duly adopted at a duly called meeting of the said Board, held on—F Dlie o o�rytg)14, 19 7
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not been rescinded or modified: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 Banl_s___QL 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 Trea Sl er
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.
Village Treasurer Nicholas Rubino, or
Be It Further Resolved, that the
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 ofl'icer(s) and/or other persons) 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 arc to sign—singly, any two, or jointly. etc.)
Cadwallader & Johnson, Chicago. Form No.CR•S.
to
on
f
of this Corporation (are) (is) authorized to borrow from timneet and time
u o behalsuch f of t i as may
poration ro . ' ank such sums of money for such
to them, or any of them, see ' able, and to execute in the name of the Corporation notes,
drafts, or agreements for the re-paymen sums so borrowed, and they and each of
' nk any of the notes, bills receivable
them are hereby authorized to discount with the s may deem and
or acceptances held by this Corporation upon such terms tocks,madvisable and
to pledge or hypothecate as security to said Bank any of the notes, obills/or of the
receiv-
able, warehouse receipts and/or delhver any ander ts, accounts,all endorsements securities
inst instruments o .rty -
Corporation, and to execute and ment or transfer which may be necessaryproper in such cases effectuallyto transfer to
or delivered;
the said Bank the property so hypothecated
Be It Further Resolved, that this corporation by its duly authorized agent, enter into an
agreement with the sai
Bank of Buffalo Grove
contemporaneously with the opening of said account whereby
1 said
ora costs aid ees attorney s
con-
sideration of the opening of said account to assume and pay expenses, Bank
fees incurred said byco said and further
her any
legal proceedings
hat any funds inht possessionst tofethes id Bank to the
reason
of the account and furt time be applied toward payment of such expenses.
credit of this corporation may at any
Be It Further Resolved, that each of the foregoing resolutions shall
continue
by the said Bank,
un-
til express written notice of its rescision or modification has
but if the authority contained in them should
agreed for the purpose of inducing the said
be revoked or terminated by operation of law
without such notice, it is res, ►v ed and herebyered
Bank to act thereunder, that the said Bank shall revocatione saved aor ltermm tion from yw thoutffsuch
or liability incurred by it in so acting after s
notice.
that the following named persons are the officers of the said Corporation, duly quali
I Further Certi -
fied y
fied and now acting as such:
Village Asst. Secretary
President r r n Fab
Vvillage Clerk Asst. Treasurer
QStQ� a T (`
Village Finance
Vice-Presiders
is ar uec ert
Secretary
Village
Treasurer Nicholas Rubna
In Witness Whereof, I ave hereunto subscribed my name and affixed the seal of the said Corporation,
this 4/ day of , A. D. 19 7 2
--- X(7.--1"-
SEAL v��✓00 c Secretary.
IMPORTANT:
Imprint Seal of
Corporation Here.