HomeMy WebLinkAboutRes 04-48 04/15/1948 FMO *AGH 1 &4c 4/15/
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RESOLUTION DESIGNATING THE
NORTHERN TRUST COMPANY AS DE-
POSITARY FOR A PORTION OF SPECIAL
ASSESSMENT FUNDS AND DESIGNATING
PERSONS TO SIGN CHECKS AGAINST
SAID FUNDS. /14.4-44
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BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF
THE VILLAGE, OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS:
SECTION . That the NORTHERN TRUST COMPANY 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
ipali and to endorse for that purpose checks, drafts,
rotes and like obligations. Endorsements for deposit may he
ritten or stamped endorsement of the Village, without designa-
tion of the pernr making the endorsement.
SECTION 2. That all checks drawn againsts said account
shall be signed by M. R. PENDT.FTON, as President and D.L. GILBERT,
.s Treasurer whose signatures are herewith submitted on signa-
ture cards furnished by the said. NORTHERN TRUST COMPANY.
SECTION 3. That the NORTHERN TRUST COMPANY is hereby
- uthorized and directed to honor and pay all checks drazerr against
the said "Village of Mount Prospect Special.. Assessment Fund" only
ipon the signatures of the above named officials.
SECTION 4. That this Resolution shall be in full force
=nd effect from and after its passage and approval.
PASSED: this 15th day of Anrit, A.D. 1948.
APPROVED: this 15th day of April,`. 1948.