HomeMy WebLinkAboutRes 07-53 05/12/1953 7-- 5 3
j RESOLUTION NO.
RESOLUTION DESIGNATING THE
MOUNT PROSPECT STATE BANK
AS DEPOSITARY FOR VILLAGE OF
MOUNT PROSPECT MUNICIPAL
FUNDS AND DESIGNATING PERSONS
TO SIGN CHECKS AGAINST SAID
FUNDS. J. `.
BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES
I OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS:
SECTION 1. That the MOUNT PROSPECT STATE BANK in the
Village of Mount Prospect, Cook County, Illinois, be and it is
hereby designated as depositary in which the various funds of
the Village of Mount Prospect may be deposited and that any
officer or employee is hereby authorized to deposit funds in
said accounts for this Municipality and to endorse for that pur-
pose checks, drafts, notes and like obligations. Endorsements
1 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 accounts
shall be signed by the President and the Treasurer for special
assessment accounts and by the President, the Clerk and the
Treasurer as to all other accounts, whose signatures are here -
with submitted on signature cards furnished by the said MOUNT
1I PROSPECT STATE BANK.
SECTION 3. That the MOUNT PROSPECT STATE BANK is
hereby authorized and directed to honor and pay all checks drawn
against the said Village of Mount Prospect accounts only upon
the signatures of the above named officials.
SECTION 4. That this resolution shall be in full force
I and effect from and after its passage and approval.
PASSED: this 12th day of May, A.D., 1953.
APPROVED: this 12th day of May, A.D., 1953.
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