HomeMy WebLinkAboutRes 08-53 06/09/1953 RESOLUTION NO. 5 ---,5 - 3
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RESOLUTION DESIGNATING THE
NORTHERN TRUST COMPANY AS
DEPOSITARY FOR A PORTION OF
II SPECIAL ASSESSMENT FUNDS AND
DESIGNATING PERSONS TO SIGN
CHECKS AGAINST SAID FUNDS.
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BE IT RESOLVED BY THE PRESIDENT AND BOARD OF
TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS:
SECTION 1. That the NORTHERN TRUST COMPANY in the
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!City of Chicago, Cook County, Illinois, be and it is hereby desig-
Hated as depositary in which the Village of Mount Prospect Special
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(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 that purpose checks, drafts, notes,
and like obligations. Endorsements for deposit may be written or
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!stamped endorsement of the Village, without designation of the
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!person making the endorsement.
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SECTION 2. That all checks drawn against said
account shall be signed by the President and the Treasurer, whose
Isignatures are herewith submitted on signature cards furnished by
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the said NORTHERN TRUST COMPANY.
SECTION 3. That the NORTHERN TRUST COMPANY is
ereby authorized and directed to honor and pay all checks drawn
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against the said "Village of Mount Prospect Special Assessment
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nd" only upon the signatures of the above named officials.
SECTION 4, That this Resolution shall be in full
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I orce and effect from and after its passage and approval.
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I PASSED: This 9l day of June, A. D. 1953.
APPROVED: This 9-- day of June, A. D. 1953.
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