1977-02-14 - Resolution 1977-11 - Bank of Buffalo Grove signatories for General Fund Account Vill4ge of Buffalo Groves ii v 'CORPORATION
cAjleral Fund Account 00-206y tI7
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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)
February 14� 1977
which resolutions were duly adopted at a duly called meeting of the said Board, held on (Date of meeting)
18 , 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not been rescinded or modified: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.
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. c.: 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 esolved, that the_
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(Please indicate In what manner the above named officers are to sign—singly, any two. or g:aotly. etc.)
Cadwallader & Johnson. Chicago. Form No. CR•5. -
h
ime to time on
f this Corporation (are) (is) authorized to borrow
for suchtt times and upon s chlterms as may
Cor-
pora io he said Bank such sums of money
to them, or any o seem advisable, and to execute in the name of the Corporation notes,
drafts, or agreements for tic ment of any sums so borrowed, and they and each of
bills receivable
them are hereby authorized to discoun the said Bank any of the notes,d iadvisable and
or acceptances held by this Corporation upon terms as they es, may boays, stocks,em i and
to pledge or hypothecate as security to said Bank any oopertyreceiv-
able,
of the
warehouse receipts and/or other u and endorsements or ins and/or e is of assign-
Corporation, and to execute and deliver any
ment or transfer which ma so hypothecated ted or delivered;be necessary or proper in such cases effectually ansfer to
the said Bank the property
Be It Further Resolved, that this corporation by its duly authorized agent, enter into an
Bank of Buffalo Grove
agreement with the said
ning of
contemporaneously opening h tofesaid account tosaid
assume and account
pay all expenses, costs and attorney's
on agrees in con-
fees incuonrred
oe the opt g
t e saide by said and further agrees thateany funds inht posges possessionthe
said Bank
Bank to the reason of the aid accountlied toward payment of such expenses.
credit of this corporation may at any time be app •
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 or been ra ecei hatvd byed operation of law
but if the authority contained in them should be revoked
without such notice, it is resolved and Bank shalereby glreed for the be saved harmlesse of inducing the said suffered
Bank to act thereunder, that the said
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 quali-
fied and now acting as such:
Village Asst. Secretary
President TAG n Fah' ah
Village Clerk
Xidorprotaont erna L Clayton Asst. Treasurer
Village Finance
Vice-Presider
nirrActor xi,cnarct w. uluecxert
Secretary
Village
Treasurer Ni=as Rubino
In Witness Whereof, I h ve hereunto subscribed my name and affixed the seal of the said Corporation,
�/ , A. D. 19 _2
this /'/ day of
SEAL viva e
Gla:'c Secretary.
IMPORTANT:
Imprint Seal of
Corporation Ilere.