HomeMy WebLinkAboutRes 04-45 05/01/1945 RESOLUTION No. 4
DEPOSITORY OF THE FUNDS OF THE VILLAGE
OF MOUNT PROSPECT
BE IT RESOLVED, by the President and the Board of Trustees of the
Village of Mount Prospect, Cook County, Illinois:
Section 1. That the Mount Prospect State Bank of the Village of
Mount Prospect, Illinois, be and it is hereby designated as one of the
depositories of the funds of the Village of Mount Prospect, and that the
officers hereina=fter designated are hereby authorized to endorse in the
name of said Village, for the purpose of deposits and collections in end
with said bank, checks, drafts, notes and other like obligations issued
or drawn to and ownedby said Village; and it is further resolved that
endorsement for deposit and collection may be by written or stamped
endorsement of the said Village without designation of the party making
the endorsement.
Section 2. That said bank be and it is hereby authorized to pay
out the funds of this Village on deposit with it from time to time upon
checks drawn upon said depository and signed in the name of this Village
by its President, M. B. Pendleton, its Village Clerk, Roy E. Schlemmer
and its Village Treasurer, Fred G. Nille, mother said checks are payable
to cash, bearer or the order of the said Village or to any third party
or to the order of any signing officer of the said Village or any other
Village officer in either their individual or official capacity.
Passed by the President and Board of Trustees of the Village of
Mount Prospect, Cook County, Illinois, this 44.1- day of* A.D.1945.
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Approved: this /4/ day of (r A.D. 1945.
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