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HomeMy WebLinkAboutRes 10-50 08/08/1950 8 /7/5 0 /5 -5 RESOLUTI0I DI SIGN =ATING THE FIRST NAT I OI AL BANK OF CHICAGO AS DEPOSITARY FOR A PORTION OF SPECIAL ASSESSMENT FUNDS AID DFSIGN,TING PERSONS TO SIGN CHICKS AGAINST SAID FUNDS. BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF 1OUNT PROSPECT, COOK COUNTY, ILLINOIS: S CTICN 1. That the FIRST Iv r,T101 _L BANK OF CHICAGO in the City of Chic2 o, Cook County, Illinois, be and it is hereby designated as depositary in which the Village of -cunt Prospect special assessment funds may be deposited and that any officer or employee is hereby authorized to deposit funds in said ac- count for this Lunicipality and to endorse for what purpose checks, drafts, notes and like obligations. indorsements for deposit may be written or stamped endorsement of the Village, without designation of the person making the endorsement. SECTION 2. That all checks drawn against said account shall be signed by the President and the Treasurer, whose sig- natures are herewith submitted on signature cards furnished by the said FIRST 1 TIOh -L Js'NK OF CHICAGO. SECTION 3. That the FIRST 1 TICI AL BINK OI CHICAGO is hereby authorized and directed to honor and pay all checks drawn against the said "Village of Mount Prospect Special Assessment Fund" only upon the signatures of the above named officials. j SECTION 14.. 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 IT August, A.D. 1950 }