1985-09-23 - Resolution 1985-46 - BANK OF BUFFALO GROVE IS DESIGNATED A DEPOSITARY FOR THE VILLAGE OF BUFFALO GROVEI, the undtrsigae d, Do HcrcbT catifT, lhat the following is a complete' true and correct copy of certain
resolutions of the Board of Directors of (N. . or corDor.rlo. ltr tuu)
ILLINOIS
vILLAGE 0F BUFFALo \_/E
00002585- 30
BcltFgtherResolrcd,thatthFvillagePresident.VernaL'clavtonorvillape
shall be snd 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 r..ritten o, .i".p"d endorsement of the company without designation of the person
making the endorsement.
a corporation cluly organized and existing under the laws of the State o (lroe ol.slr(. 'b.E ort.nl!.o)
which resolutions were duly adopted at a tluly called meeting of the said Board' held o Se tember 23
19-85-, a quorunr being present, and are set forth in the minutes of the said meeting; thrt I am thc keeper
of the corporate seal and of the minutes and records of this corporation; and that the said resolutions have
not been rescinderl or modified:
8e It flcsol'.cd, that the BANK 0F BllFFAl 0 r:a0ttE
be and hcreby is designated a depositary in which the funds of this Corporation may be de-
posited try its officers, agents, and employes, and that t VILI-AGE TREASURER
Clerk Janet M. Slrabian (one must st n and Vil1a eMa I,l 1i l1ing
or Vill e Director of Finance.William H. Briuun (one must slsn).ag
of this corporation (are) (rt) authorized to sIGN ANY AND ALL CHECKS, DRAFTS,
AND ORDERS, including orders or directions in informal or letter form, against any funds
at any r.:me 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
auihori:cd to honor any and all checks, drafts and orders so signed, including those drawn to
the indiridual order of any such officer and/or other person signing the same, without fur-
ther inri iry or regard to ihe authority of said ofncer(s) and/or other person(s) or the use
of said rhecks, drafts and orders, or the proceeds thereof.
(nu.! o! Lied rad /o! orhcr D...on. .ultiorlt.d !o 'laD ch'cl': t
'';.! r!. rb.* "&,.d i6er. ..4 t'o .rrHo.lr, |!, !ro, o. lor! r. .: Pr!.id.!rt. ah..ur!r, .t(.: rllo 91.... Ldcrl. l! 'h.l !!.!
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(PL.r iDr...r. t rh.r 6eE. llo .tov. a.r.d oacn .,t to .tn_--.lnalr. .!, Ito_ o'
GOLF FUND
CORPORATION
RXSOLUTION NO. 85- 46
--
VILLAGE OF BUFFALO GROVE
poration fronr the eaid Bank such sums of money for such times and up on such as may
to them, or any of thcm, secm advisable, and to execute in the name of poration notes,
drafts, or agleements for tho rc-payment of any sums so ,&nd they and each of
thL.nl are hereby authorized to discount with the sai any of the notes, bills receivableor acceptances held by this Corporation u terms as they may deem advisable andc
to plcdgc or hypothecste as securi Bank any of the notes, bonds, stocks, bills receiv-
aLrle, s alchouse rcccipts other documents, accounts, sccuritics and/or property of the
Corporation, an utc snd deliver any and alI cndorsements or instrunrents of assi5'n-
n)tnt o cr \yhich may be necessary or proper in such cases efectually to transfcr to
De lt Furthct Rctolycd, that this corporstion by its duly authorized agent, enter into an
agreement with the sa Bank of Buffalo Grove
contempol'aneously with the opaning of gaid account whereby said corporation agre€s in con-
sideration of the opcning of said account to assume and pay all expenses, costs and attorney's
ft'es incurred by said Bank in any legal proceedings brought against the said Bank by reason
of the said account and further agrees that any funds in possession of the said Bank to the
crrdit of this corporation may at any time be applied torvard payment of such expenses,
Bc lt Furthct Rcsoltcd, that each of the foregoing resolutions shall continue in force un-
til express written notice of its rescision or modification has been received by tho said Bank,
but if the authority contained in them ahould be revoked or terminated by operation of law
rvithout such notice, it is resolved and hereby agred for the purpose of inducing the said
Bank to act thereuuder, that the Bsid Bsnk 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 Fwthct CurilT that the followlng namd persons are the olficers of the said Corporation, duly quali-
fied and now acting as such:
Asst. Secreta
Asst. Treasure
Vl11age Manager Wtllian R. Balllng
Dlrector of Finance Wil1lam H. Brimn
Ir Witncts Whacol,I have hereunto subscribed my name and affixed t5e eesl of the eaid Corporation,
23rdtnts__oay o Sep tember A. D. 19 85.
SEAL
Imprint Seal of
Corporation Here.
Ar4d.fi-
ATTEST:
wtrDge cTelf
\.rlllage President
xsatxluit,
p"""16"r.t Verna L. Clayton.
Yice-Presideni
Yice-President
bd*&*g" cl"k J'""t M' si'
TfeaSUfer Pr','l Kochpndorfp.
IMPORTA.}TT:
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