HomeMy WebLinkAboutRes 03-61 02/28/1961
RESOLUTION NO. "f1_-:..6/
BE IT RESOLVED, that Mount Prospect State Bank be, and it
is hereby designated as the depository of the Village of Mount Prospect
Firements Pension Fund, and that funds so deposited may be withdrawn
upon warrants signed by the following:
VILLAGE PRESIDENT
VILLAGE CLERK
VILLAGE TREASURER
whose signatures shall be duly certified to said Bank, and that no
warrants drawn against said Bank shall be valid unless so signed.
BE IT FURTHER RESOLVED, that officers of said Fund are hereby
authorized to endorse, in the name of this Fund 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 Fund,
and it is further resolved that endorsement for deposit and collection
may be by the written or stamped endorsement of the Fund with the
designation of the party making the endorsement.
BE IT FURTHER RESOLVED, that said Bank is hereby authDrized
and directed to honor and pay any warrants so drawn, whether such
warrants be payable to the order of any such person signing said
warrants or any of such persons in their individual capacities or
not, and whether such warrants are deposited to the individual credit
of the person so signing said warrants or to the individual credit of
any of the other officers or not.
This resolution shall continue in force and said Bank may
consider the facts cDncerning the holders of said offices respectively,
and their signatures to be and continue as set forth in the certifi-
cate of the Village Clerk, accompanying a copy of this resolution
when delivered to said Bank or in any similar subsequent certificate,
until written notice to the contrary is duly served on said Bank.
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PASSED THIS ytTA"QAY OF J.d __ , 1961