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1987-09-21 - Resolution 1987-46 - REGARDING THE VILLAGE OF BUFFALO GROVE FIRE PENSION FUND SAVINGS ACCOUNTcoRD6'R./J{ON shall be and each of them hereby is authorized to endorse for depocit or neSptiation any and all checks, drsfts, notes, bills of exchange, and orders for the payment of money, either be longing to or coming into possessioa of this Corporation. Endorsements for deposit may be by the written or etamped endorgement of the company without designation of the person mrking the etrdorEement. Dc It Futhcr Rcolvcd, that the Vlllage Presldent. Vetne r cleyt^. o. r;-^tl'y Sashko Fund Se and RESoLUTIoN N0. 87- 46 A RESOLUTION REGARDING THE VILLAGE OF BUFFATO GROVE FIRE P rhS.rot.l ruro sAvrNGS AccouNr I, the underaiX;u ed, Do Hacbt Catify, that the following is g complete, true and correct copy of certain nf The Vll1ace of Buffalo Grove 8 corporstion duly organized 8nd existing under the laws of the State of I1llnois (N.D. ot 64.!. t!.tt ort!.lt d) whichresolutlonsweredulyadoptedatadulycalledmeetingofthes8idBoard,h"ldo@.,...o,..L 19 87 , e quorum being present, end are set forth in the minutes of the said meeting; that I am the keeper of the corporate seel snd of the minuteg and records of this Corporation; and thst the said resolutions have not bee[ rescltrded or modi6ed: BcIt Resobcd, thrt the Bank of Buffalo Grove be and hereby is deeiguated 8 depo8itsry in which the fuuds of this Corporetion may be de- poaited by its officere, agenta, and employes, and that Vl11a eT ea sur e rer Brlan Rubln vt1 authorl.ze wlre to a (Tlrl.. o, oficlr. .D4lo! otlo! Fr.oD. .urhodt d to .ltE ch..lL: a t.: Pruld!.t, t!.l.ul!!,.tL.i rl.o D1.., lDdcrr. tr rb.r E.E.h.! lb! rbov. D.eEd oG(t!. .r. ro .rrE---.trrlr, .atr iro, o! ,ohUr. .ac.) of this Corpor8tion (are) (is) autborized to SIGN ANY AND ALL CHECKS, DBAFIS, AND ORDEBS, including orders or directione in informal or letter form, against any fundsrt any time etending to the credit of this Corporation with the said Bank, and,/or against any account of this Corporation with the ssid Bank, and thst the said Bsnk hereby is authorized to honor any and 8ll checks, drafts and orders go signed, including those drawn to the individual order of any euch 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 8sd orders, or the proceeds thereof, Bc Ic Frlrthet Xcrolrad, that (PLl, lr!dlc.& b r!.a E&n!r alo rtrov. !lD.d oi..f..'i to ian--dralr. .r, tro. or rolnUr. ctc.) o 8fC Fq- Ca{ resolutioua of the Board of Directors (!lrD. ol corronrroo h lull) contempor sideration aneou ith the opening of sai of said account to k in any legal proc urther agrees thet porstion from the s8id Bank such sums of money for such times and upon such t may to them, or any of them, seem advisable, and to execute in the name of the n note8, drafts, or agreements for the re-payment of any aumB so borrowed, and and each of them are hereby authorized to discount with the said Bank any oft , bills receivable or acceptances held by this Corporation upon such terms as may deem advisable and to pledge or hypothecate as security to said Bank any of otes, bonds, stocks, bille receiv- able, warehouse receipts and/or other documents,ts, securities and/or property of the Corporation, and to execute end deliver any and en dorsements or instruments of assign- ment or transfer which may be necessary proper in such cases effectually to transfer to or delivered; Be It Fwthcr Rewlted this corporation by its duly authorized agent, enter into an agreement with the e openlng fees in by said Ban of 'said account and f d account whereby said corporation agre€s in con- assume and pay all expenses, costs and attorney's eedings brought against the said Bank by reajon . any funds in possession of the said Bank to the Bc It Fsthcr Rcsolrcd, that each of the foregoing resolutiong shall continue il force un-til express written notice of its rescieion or modification has been received by the said Bank, but if the authority contained iu them should be revoked or terminated by operation of law without such notice, it is resolved tnd hereby agreed for the purpose of inducing the saiil Bank to act thereunder, that the s8id Bank shall be ssved harmless from any loss sufiered or liability incurred by it in so acting after such revocation or termination without such notice. I Frthct Catifi that the following aamed persoas are the ofrcers of the esid Corporstion, duly quali- fed aud now actinS as such: Preaiden Asst. Secretary- Vice.Presiden t Asst, Tt€asurer- I'lnance Dlrector Wllllao H. Brlun Tleasurer Rr l Ia Viucts Vhacot,I have hereunto subscribed my name and 8ffixed the seal of the saial Corporation, tr1is -zlsq-day of sept".r,"" , A. D. lg_jl. "-tS}:AL r' .1- IUPORTAIfI: Imprint Seal of Corporetion Bere. age Pre s ldent the said Bank the property so VicePresideut Secretary r l -^ tlry S-.hko 3-[.",^, vItrLAcE oF BUFtrAIo GRoVE (Revlglon) Flre Penslon Fund Savlngg 2534-20 L,*e hereby .rgree to r,,nf,'rm rnd Jbide by thc Ilul('s Jnd Re(ulali,,ns governing savinS! dep.rsiis :rnd depi,sir,'rs ,rl BANK oF ttt't'F.{t.o CRoVE, Bt:FF.{l,O GRovE, Ii;LtNofS,'lnd ai''y aniendments or Jdditi,rns therctrr hr.ta:rflcr nrrde, wilhoul further n,rtice. E( co neoaart o r E PAHTNE RSHI P [] soL€ owNE RsH tP one rDus t be Treagurer.REOUI FIEO TITLES Vi1la Presldent d Secreta 2 slgna t ures tor ac tua I wl.tndrardt+8iotr".s seereverse PR INT OR TYPE NAME 1. Ver 2.7 3 Flnance Dlrector AooBEss 50 Raupp Blvd.,Buffalo Grove, I1 60089pxoreno. 459-2500 SIG NATU R ES r.o. No IN ITI AL OEPOSIT OPENEO 6Y BUSI NESS SAV INGS ACCOUNT a. W111lan H. Brimr OAT€ OPEN€O