HomeMy WebLinkAboutRes 10-53 06/09/1953 RESOLUTION NO. /C
RESOLUTION DESIGNATING THE
FIRST NATIONAL BANK OF CHICAGO
AS DEPOSITARY FOR A PORTION OF
SPECIAL ASSE`SMENT FUNDS AND
DESIGNATING PERSONS TO SIGN
CHECKS AGAINST SAID FUNDS.
BE IT RESOLVED BY TIE PRESIDENT AND BOARD OF
TRUSTEES OF THE VILLAGE OF MOUNT 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 depositary in which the Village of Mount
Prospect special assessment funds 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 what purpose
checks, drafts, motes and like obligations. Endorsements 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
1' signatures are herewith submitted on signature cards furnished by
the said FIRST NATIONAL BANK OF CHICAGO.
SECTION 3. That the FIRST NATIONAL BANK OF
I CHICAGO is hereby authorized and directed to honor and pay all
checks drawn against the said "Village of Mount Prospect Special
j Assessment Fund" only upon the signatures of the above named
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officials.
SECTION 4. That this Resolution shall be in full
1 force and effect from and after its passage and approval.
PASSED: This 9 day of June, A. D. 1953.
APPROVED: This j day of June, A. D. 1953.
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