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1979-03-19 - Resolution 1979-13 - Buffalo Grove National Bank signatories for Golf Fund Account ACCT : 0299998601 VILLAGE OF BUF�O GROVE RESOLUTION 79' • n CORPORATION GOLF FUND ACZOUNT \ A 5 • I, the undersigned, Do Hereby Certif y,'that the following is a complete, true and correct copy of certain resolutions of the Board of Directors of VILLAGE OF BUFFALO GROVE - GOLF FUND ACCOUNT (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 3/5/7 9 (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of the corporate seal and of the minutes and records of this'Corporation; and that the said resolutions have not been rescinded or modified: Be It Resolved, that the_ Buffalo Grove National Bank be and hereby is designated a depositary in which the funds of this Corporation may be de- •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 NSA • —� 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 Manager, William R. Balling or Finance Director, William H. Brimm (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, ANITQ,RDERS, including orders or directions in informal or letter form, against any funds at any tim: tanding to the credit of this Corporation with the said Bank, and/or against ally account o s 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 an ch officer and/or other person signing the same, without fur- ther inquiry or regard to the a sority of said officer(s) and/or other person(s) or the use of said checks, drafts and orders, or proceeds thereof. • Be It Further Resolved, that the_ • (Please indicate in what manner the above named officers are to sign—singly, any two, or jointly, • • • • STOCK i:l,,U •.• O.P. S Y'MS. INC • is Corporation (are) (is) authorized to borrow from time to time on behalf of this Cor- poratio the said Bank such sums of money for such times and upon such terms as may to them, or any em, seem advisable, and to execute in the name of the Corporation notes, drafts, or agreements e re-payment of any sums so borrowed, and they and each of them are hereby authorized to di nt with the said Bank any of the notes, bills receivable or acceptances held by this Corporatio n such terms as they may deem advisable and to pledge or hypothecate as security to said Ba of the notes, bonds, stocks, bills receiv- able, warehouse receipts and/or other documents, accou tsecurities and/or property of the Corporation, and to execute and deliver any and all endorsemenfsoz instruments of assign- ment or transfer which may be necessary or proper in such cases of eCecttra lyssto transfer to the said Bank the property so hypothecated or delivered; Be It Further Resolved, that this corporation by its duly authorized agent, enter into an agreement with the said Buffalo Grove National Bank contemporaneously with the opening of said account whereby said corporation agrees in con- sideration of the opening of said account to assume and pay all expenses, costs and attorney's fees incurred by said Bank in any legal proceedings brought against the said Bark by reason of the said account and further agrees that any funds in possession of the said Bank to the credit of this corporation 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 rc:':cation or termination without such notice. Further Certify that the following named persons are the officers of the said Corporation, duly quali- fied and now acting as such: Pre,iid:'at Edward A. Fabish Asst. Secretary Vice-President Asst. Treasurer Vice-President Village P tanager William R. Balling Village Clerk zacl.44 y, Verna L. Clayton Finance Director William H. Brimm Treasurer In Witness Whereof, I have hereunto subscribed my name and affixed the seal of the said Corporation, c� this ._C___-day of __ , A. D. 19-7 7 SEAL Seeretagy.Ar'illage Clerk • IM['uRTANT: Imprint Seal of Corporation Here.