1977-05-16 - Resolution 1977-32 - Buffalo Grove National Bank signatories for Golf Course Debt Service Fund ynu lf, `m/°Y
CORPORATION
GOLF COURSE DEBT SERVICE FUND
„ `) 44e-7 7 `3
i ed Do Hereby Certify, that the following is a complete, true and correct copy of certain
I, the unders gn ,
Vi11aq• of BuffalocGropvetinn in full)
resolutions of the Board of Directors of Illinois _
anized and existing under the laws of the State of (Name of State where organized)
a corporation duly org � 16�
which resolutions were duly adopted at a duly
called meeting of the said Board, held on (Date of meeting)
aid meeting; that I am the keeper
19_7.7_ a quorum being present, and are set forth in the
thisnCorporation;miutes of the sand that the said resolutions have
of the corporate seal and of the minutes and records o
not been rescinded or modified:
Be It Resolved, that the
Buffalo E3so=Oral Bank
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
Yill.acc�• Tr•asUX•r
n
shall be and each of them hereby is authorized to endorse for deposit or for the payment of money, either Be-
any and -
all checks, drafts, notes, bills of exchange, and orders
longing to or coming into possession of this Corporation.
erPomta Y Without designation of the person
rsements for deposit may be
by the written or stamped endorsement of t P
making the endorsement.
Be It Further Resolved, that the
Villa • Financ
e Director Richard W. Glu•ck•rt one must siQa)=d
Villa a president Edward A. iabish or Villa •Clerk Verna L.
.
Cla on ono must si a .
(Titles of officers and/or fcotser rreer oe g ns authorizedato sign two,checks;
e. g.:et President, Treasurer,;etc.; also please indicateein what manny
or
-
ner the above named o
of this Corporation (are) (is)
authorized to SIGN ANY AND ALL CHECKS, DRAFTS,
AND ORDERS, including orders or directions in inform wal th rthe lettsaid agains
and/or against
any funds
at any time standing to the credit of this Corporation
any account of this Corporation with the fts andaord,ersnso signed d that h ncluding those drawn to
said Bank hereby is
authorized to honor any and all checks, drsame,
the individual order of any such officer ofds and/or other Officer(s)person signing
er son(s)for the fuse
ur-
ther inquiry or regard to the authority
of said checks, drafts and orders, or the proceeds thereof.
Be It Furt er at the_
(Please indicate in what manner the above named officers are to sign—singly, any two, or Jointly. etc.) — _
STOCK FORM 635-5 BANKFORMS, INC.,
o •• Corporation (are) (is) authorized to borrow from time to time on behalf of this Cor-
poration fro le said Bank such sums of money for such times and upon such terms as may
to them, or any of - - seem advisable, and to execute in the name of the Corporation notes,
drafts, or agreements for t •-.ayment of any sums so borrowed, and they and each of
them are hereby authorized to disc.. . with the said Bank any of the notes, bills receivable
or acceptances held by this Corporation u.: . such terms as they may deem advisable and
to pledge or hypothecate as security to said Ban . • of the notes, bonds, stocks, bills receiv-
able, warehouse receipts and/or other documents, accoun , •• unities and/or property of the
Corporation, and to execute and deliver any and all endorsements
assign-
ment •or transfer which may be necessaryortrumentsa • . of sfeto
the said Bank the property soh proper in such cases effectua transfer to
hypothecated or delivered;
Be It Further Resolved, that this corporation by its duly authorized agent, enter into an
agreement with the said
contemporaneously with the opening of said account whereby said corporation agrees in con-
sideration of the opening of said auffitlia S} a
fees incurred by said Bank in anylegalcosts and attorneys
the said account and further proceedings brought-against--the said Bank by reason
oredit of this corporationFees that any funds in possession of the said Bank to the
may at any time be applied toward payment of such expenses.
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 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 quali-
fied and now acting as such:
President
Village Asst. Secretary
Vice-President
allege Clerk �y Asst. Treasurer
Secretary — ^_— Village _Fe
Treasurer chard N. Glueekert
Village
Nicholas Rubino
In Witness Whereof, I have hereunto subscribed my name and affixed the seal of the said Corporation,
this
day of_
, A. D. 19/ /,
SEAL --
IMPORTANT:
Imprint Seal:of
Corporation Here.