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HomeMy WebLinkAboutRes 11-50 08/08/1950 F Y0 AGH 1 4_c 8/7/50 RESOLUTIOir DESICNATING THE FIRST Nt "ATION AL BANK OF CHICAGO AS DEPOSITARY FOR THE Ta NICI- PAL BUILDING FUND L` DESIG- NATING PERSONS TO SIGN CHECKS AGAINST SAID FUND. BE IT RESOLVED BY TH7 PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF KOU1:`IT PROSPECT, COOK COUNTY, ILLINOIS: SECTION 1. That the FIRST NATIONAL BANK OF CHICAGO in the City of Chicago, Cook County, Illinois, be and it is hereby designated as depositgry in which the funds of the "Village of Mount Prospect Municipal Building Fund" may be deposited and that any officer or employee is hereby authorized to deposit funds in said account for this Municipality and to endorse for that purpose, checks, drafts, notes and like obligations. En- dorsements for deposit may be written or stamped endorsement of the Village, without designation of the person makeing the endorsement. SECTION 2. That all checks drawn against said account shall be signed by the President, the Clerk and the Treasurer, whose signatures are herewith submitted on signature cards fur- nished by the said FIRST NATIONAL BANK OF CHICAGO. SECTION 3. That the FIRST NATIONAL BANK OF CHICAGO is hereby authorized and directed to honor and pay all checks drawn against the said "Village of Mount Prospect Iunicipal Building Fund" only upon the signatures of the above named officials. SECTION L1. That this Resolution shall be in full force and effect from and after its passage and approval. PASSED: this 8th day of August, A.D. 1950. . APPROVED: this 8th day bf August, A D.'1950.