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HomeMy WebLinkAboutRes 08-50 08/08/1950 `1 AGH 31:4c 8/7/50 RESOLUTION D SIC ATI NG TI TCUNT PROSPECT STATE DANK AS DE'G;IT_. Y 7= `vILL:. OF i' C w: , -T P 30SF_ CT T J TICIPAL FU DS AID D SIG IATIITG PER SOI:S 10 SION CH ,nN AG-ILIsi SAID FUivDS . BE IT RESOLVED BY '2HE PRESIDEI ALD BOARD OF TRUSTEES OF THE VILLAGE 03 ;^0J112 PROSPECT, COOK COU TY, ILLINOIS: SECTION 1. That the nourT 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 liount Prospect may be deposited and that any officer or employee is hereby authorized to deposit funds in said accounts for this Iiunicipality and to endorse for that pur- pose checks, drafts, notes 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 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 PROSPECT STATE BANK. SECTION 3. That the TTOUI'TT PROSPECT STATE BANK is hereby authorized and directed to honor and pay all checks drawn 1 against the said Village of Mount 2rospect accounts only upon the signatures of the above named officials. SECTION: 4. That this resolution shall be in full force and effect from and after its passage and approval. PASSED: this 8th day of August, A.D. 1950. Al _2).C ED: this 8th day of August, A.D. /1950.