1991-80t' ' - RESOLUTION NO. 91— 80
A RESOLUTION OPENING A CORPORATE SAVINGS ACCOUNT WITH THE LASALLE BANK — NORTHBROOK
BUFFALO GROVE OFFICE
'rims COPY To Ba DcuVZRSD To TNt BANK
......................................... ............................... do hereby certify
Village Clerk
that I am the %W48LW Of .... the. Xillage. -of -- Buffalo.. Grove..................................................
a Corporation duly and legally organized and existing under and by virtue of the laws
of the State of...... T11�.aq -tq ............................ and that I am the Custodian of the records
and the seal of said Corporation; that at a meeting of the Board of Directors of said
Corporation duly and Iegally called and held in accordance with law and the By -Laws
of said Corporation, on the ....... 21st,....... day of ........... Qctahex .................... A.D. 199.L..., at
which said meeting a majority and quorum of the Board of Directors of said Corpora-
tion, was present; the following Resolution was adopted by the affirmative vote of a
majority of the whole Board of Directors of said Corporation, to-wit:
Be it Resolved by the Board of Directors of ......... tJaP_...Y. 11agP... Qf.. B .of.ira1Q.:gxoy9 ...............
................................................................................................................................................. ...............................
1. That the..LaSa11.e ... Bank. Northbrook ... (BuffaLn..G rove ... Qf.£ 1. Ce) ................ ...............................
be and it is hereby designated as one of the depositaries of the funds of this Corporation,
and that the officers or employees of said Corporation are hereby authorized to endorse,
in the name of this Corporation for the purpose of deposit and collection in and with said
Bank, checks, drafts, notes and other like obligations, issued or drawn to and owned by
said Corporation, and it is further resolved that endorsements for deposit and eollection
may be by the written or stamped endorsement of the Corporation without designation
of the party making the endorsement.
2. That said Bank be and it is hereby authorized, to pay out the funds of this Corporation
on deposit with it from time to time upon checks drawn upon said depositary and signed
in the name of this Corporation by its...iii7lage..Managez,... Willi .am..&.....$ad,liz►g......... or
Village counter- signed by its ..Vi.11 age... Cl.erk,...Janet:..airabian
orM1x.. QI ... : isfaace ,.Wil�lai�n•.M..... Brj.*Ibether said checks are payable to cash, bearer or
the order of the Corporation, or to any third party, or to the order of any signing or
countersigning officer of the Corporation or any other Corporation officer, in either their
individual or official capacity.
S. That the ............. ............................... ....................and........ ........... ....................... ...............................
or.................................................. ............................... and...................................................... ...............................
or........................................................ ............................... ................................................... ...............................
of this Corporation be and they are hereby authorized from time to time to borrow money
from said Bank in such amounts, for such length of time and at such rate of interest and
upon such other terms and conditions as said officer or officers may deem expedient, and
to evidence the indebtedness thereby created by executing and delivering in the name and
on behalf of this Corporation promissory notes, judgment promissory notes and other like
obligations of this Corporation, signed in the name of this Corporation by the officer or
officers designated above; and to pledge as security for the payment of said notes and
other 'obligations any property or security now or hereafter belonging to said Corpora-
tion, which notes or other obligations shall be in such form and shall contain such terms,
provisions and conditions as may be deemed proper by such officer or officers; and said
officer or officers is or are further authorized to discount to said Bank the notes and other
obligations issued to or owned by said Corporation, and to endorse the same for such
purpose.
4. That the said Bank shall not be in any manner whatsoever, responsible for or required
to see to the application of any of the funds of this Corporation deposited with it, checked
out or borrowed from it, or secured by the discount of notes and other obligations to it
as hereinbefore provided, and all such transactions shall be conclusively presumed to be
legally binding upon this Corporation.
236076
THIS COPY TO OR DELIVERED TO THE BANK
b. That .... , tanaz.. M» ... Sixahain ........................ theeew4y oi"is Corporation, shall file with
the said Bank a certified copy of this Resolution under the corporate seal of this Corpora-
tion and shall also file with the said Bank a certified list of the persons at the present time
holding the offices of. Village..President-, , Sidnex_Math..................................... as
.....................
...... illage„ Clerk ................ ............................... .. Janex:.X.... airab:L ap. .......................................... ....
......V111 age..1 measumax ................................ az3d %;0 "plh.. T• e,-+eFe ;l4 ............................................... ,
in this Corporation, and it shall be conclusively presumed that the persons so certified as
holding such offices continue respectively to hold the same until the said Bank is other-
wise notified in writing by the Secretary of this Corporation.
6. That this Resolution shall be in full force and effect and binding upon this Corporation
until it shall have been rescinded, and written notice of such recission under the corpo-
rate seal shall have been delivered to said Bank.
And I do further certify that the above Resolution has not been in any raise altered,
amended or rescinded and is now in full force and effect.
I do further certify that the names and genuine signatures of the present officers
of said Corporation re as follows, and that the genuine signatures of ,those above
authoriz Si orpor 'on appear on the accompanying cards:
... .. ...... ..................... ............. A'"c �.��...!�'? ?y! ........... .............
President.illa e k Secretary.
Village �r �a��
..... ........................ ................... ...................Vice - President. v pgf��.e,,,.. ....................
Txeaaurer.
............................................................. ............................... Vi1 �geis ages: s.�^^ .... :.
Vice President. ���'� � i4ee3eten��es�s•
.......... ............................... ............................... ... ..... ... .......................
Vice - President. Director f Fi ance
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the cori;o-
rate seal of said Corporation, this ...... 21M.day of....A ctobsx ........................... ;A.D. 19..91..
.............t .........:�1.:. .........................
Village Clerk seeretaY•
Please Mee
Impression
of the
Corporate seal
Here
Tax Identification Number: 36- 2525051
Village Treasurer
................................ a Director--of said Corporation, do hereby
certify that the foregoing is a correct copy of a resolution passed as therein set forth.
...P....... .: ...............
Village Treasurer nlpe�A°r•
The foregoing should be signed by the secretary of the board and if possible also
by some Director not authorized to sign on the Corporation's bank account.