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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.