R-377 - 11/27/1984 - FINANCE - Resolutions 11.3-7-7
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TRUSTEES
• , RESOLUTIONS OF BOARD OF ZigNIICCROINK ' .
1, ..,,, ttarialanaJtakatil do hereby certify ;;
that I am the duly ���� and _ of il la fe
Litt of the records and corporate fled of
»...»».....»...the V ase...tf...aaitk...Bxoak ....»..........»..» ........_..»....».... municipal uon rganised and
laws of. ...,,.,,I1 i tee.., and that the following is a true and correct copy
existing under .��.» ..._.......».._.-..» �ersof, convened and held is accordance
d of
01 certain resolutions duly adopted at a of the Board a���
-».. day of
NovembtY .....,, 19 81 and that such negation are now in full foraa and slut and are not
in contravention of, or in conflict with the by-laws or the charter or articles of incorporation of said corporation:
BE TT RESOLVED That Oak Brook Bank. Oak Brook. Illinois be and hereby is designated
a depositary in whirls the funds of this corporation ntaUsatteited b. its officers,agents and employees and that the President,7i7RCYiUt
7spg7ggifift,the Treasurer. any Assistant Treasurer the any Assistant Secretary.or any other officer of this ration be and
hereby is authorized to open and maintain an account or accounts with said Bank and to endorse and deposit with said Bank negotiable
instruments and orders for the payment of money which endorsements may be made in writing or by a stamp and without designation of
the person so endorsing, end it being understood and agreed that� in all such items deposited,all prior endorsements are guaranteed by
this corporation whether or not an express guar a
MID BE IT FURTHER RE.SOLVF.D,'That say_ two.._..,.,,_....._.._._..._ of the folowin:
e fees sr um.*NO
Th ��ate eenene hlegecthe Treasurer, any Assistant Treasurer, deedsetetimpSgt
.._.._.- .. " aaM get all Mew ass n wi. ttais aaiiittw e[al!maw ask as n i a)��
Mb bbak raga far daitieesl OW se is wring a suaesr4eseemK
• of this o.rpeaadon be authorized:
To make and from time to time Ge tians to make seek arrangements sad to issue suck iastructiers ae to rdibil # shall seem
them
proper for the conduct of any such account or account.,and
1 Tn sign checks and orders for the payment of money withdrawing funds from said account or accounts and 0 a k B r n o k
Bank, Oak Brook, Ill. is hereby authorized and directed to act upon and honor any instructions so issued and to honor, pay and charge
to any account or accounts of this corporation all checks and orders for the payment of money so drawn when so signed without inquiring
.£t as to the circumstances of their issue or the disposition of their proceeds. whether such checks be payable to the order of, or endorsed
„p or negotiated by any officer or person signing them,or any of said officers or persons in their individual capacities or not, and whether
r/) they are deposited to the individual credit of any officer or person signing them or of any of the other officers or persons or not,and
'To endorse for negotiation, negotiaeq sad receive the proceeds of any negotiable insentient.or orders for the payment of
mosey payable to or belonging to this cementite,nod
To identify,approve,seders.,and guarantee the endorsement of any payee or endorser on any cheeks or drafts whether drawn
by this corporation or anyone else and to guarantee the payment thereof, and delegate so others authority to so identify, appptroovveo�� and
endorse.and guarantee the endorsement of any payee ar esdoesur on any each cheeks or drafts and to guarantee the payment thsesof.
AND BE IT FURTHER RESOLVED,That any..._ two ,_,,_,_,,of the following:
_Village qq (sea or tea.ass.)
The harm enbe Freome& r the Tre a any Assistant Treasurer. Cheri melse[}pee is
:J (Ur blade*we tar additional titles or to se bees eeoetar4ipaares. Gala am an spans mss s•1111101. alas sat dam of al Alma as aettiarW te ilea.)
'a of this corporation be authorized upon such terms and conditions as to ,
.o them shall seem proper:
5 i To borrow money and incur liabilities for on behalf and he the name of this corporation,to sell or discount he bills and
a accounts receivable. to enter into, make, sip, and deliver repe�ase,wing credit,term lag and other agreements. including sub-
ti ordination and similar agreements, to sign.execute,and deliver atneptannee wad promLsory ante (including notes with a colt of
judgment clause)and ether oblige:isms of dais os,peratisa her suck amuses,for suck time, at such rate of interest or discount, and con-
1i taming such teems and provisions and etch osHatasl powers coo to!_ I shall sum proper,and
B' To receive and receipt for sad to sign order and issue intrusions for the handling and delivery of the proceeds of promisssey
sear sad ether obligations,and
To pledge,endorse,guarantee,assign,transfer,and deliver the bills and accounts receivable,bills of lading,warehouse rseoipes,
stacks,bonds,or other property of this corporation as security for any moseys borrowed and as security for any liability incurred or to be
7; incy'o ed by Ws corporation in connection with any acceptance,note,letter of credit,guaranty,trust receipt or otherwise.red
To grant liens (by way of mortgage, pledge, assignment, factor's lien, trust receipt, or any other liens whether similar or
• •milei : the foregoing) on any and all property or interest therein (including, without limiting the generality of the foregoing,real
„
r •piety. o t. .s. .naterials,work in process, bills and accounts receivable,warehouse receipts,stocks and ) from time to time owned
C i,, this ru:,toratiun, as security for any moneys borrowed and any liabilities, direct or contingent, now or hereafter owing or to become
occur•, frost ihi! corporation to Oak Brook Bank, Oak Brook, Illinois, and in connection therewith to endeese sad deliver any such
proper Y .' interest therein ands to execute and deliver agreements concerning suck security end the rights and !owe s of said Bsnk with
respect thereto,and
To her and sell foreign excha ge,to prrchase letters of credit, travelers'cheeks,and similar itNW�ts and for, a behalf
" gad is the name of this corporation to incur liabilities in easneetion therewith surd in eenneetion with the salt.or *seeded''
of any Nils of acreage, inters of credit, travelers Meeks. aseeptanses, drafts. bills of lading. sod shells. hetr'ttmats. sad to waive
sad rnalpt lm sod to sip receipts and true reosipts therefor,and to site,easelt4 ad deliver orders, application, and ngreemests N
amnesic therewith.whit*orders,a and spanners may amnia sash psvisions as to 3 aka t # shall seem proper.
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tug Meek■r•w tee detd•aat Wesi es t s.tMww..w..yyrM ... We as ei1 Vane OS w s..e. Ibis.0 ebbs et all aim..e.mere`+10 d/.)
of this os +rsdea be aatherisod Imes sue sow and eseditieas n to I i shall seem proper:
To deliver to and deposit with Oak Brook Bonk, Oak Brook. Illinois for refekor,iag, custody, or other purposes ally
bonds.stocks,securities,and other property owned or otherwise held by this corporation and in etetn.vtioa therewith to earn and maintain
with said Bank a sofekesping or custody ac1»rat or account*sad to make the initial deposit therein a►,i frets time to time to make other
and additional depetits and to sign orders and iron instructions to said Bank for the conduct of said ;mount or accounts. and
yam, To withdrew, reseies, sad for and to withdraw open IMO rei sips en the respm.P'W'y 4 sad at the risk of this .
E"° twi t*w+olrs�e row and other psopeety and the for toe damned with otherwise e *maid&Mossy el Sink tube
moan of this baporntipte. Such whhdrawa ,, ah-eatebseess, sad deliveries whether sub** to Preset or sot sad whither
e
w anent to solo`iashsago,or ether uaarsetb s.may alms be Bads by the barer of say order,ressipt,or meet so edeaei,sad
To perahems bonds,dgteka,suniase,and saber prspsny and M boys onion and boas boanodeas is conaesdes with the
racism.the psymea%the rogiltratiss,and the delivery thereof,sad
To oak phdp,trader,r,swib,,e000hetep. wish ray resrpdsadet esm Masi badbeldos t d• sr ether limner
eeeassees,a aeherwtms of ea!beredt,atomics, Wades to or etsst!lie is tiro acme the soy pesadoe
or its madam or held h ' for aroma EA ash sad te sip mhos sadism Lretveti as rtpedias he ka_dWS of ay
matters enantedd with seals traumatises,
To i drurdfws sad li w traoeace,and eadhoemsaa Ise ironsfor es beads,stoat seediosae,interim, partici-
pation, and other sad to identity sad gu era dos sisdMru as bend and oak wars of anoasy.
AND SE IT IFURTIMS SESQLVED,That ewes of the der* esthned shoe,sr pcueas author•
kid to amt for the tapered=in ay cue aferesoid,sign be sad hereby I. farther s thesi ul,**set the assarnass of way ether
officer it preens
To wain ssoMenne.de en&protest,sad alums of diatom or peat and to gin fnstradoes is read to the banes or
dsiiram of my mieNts or twoomsegodsitle pupate or de r mimic Wand is any trntrse ess far or sa behalf of this eargoratisa,
To sip rooesdlsaaeeta sad mmetity to the seer atnesc,of eewta►eakt of seesaw and appeaeo sad astheeM sdif aetmants therein,
Bad
To act for this corporation in the transaction of all other business for its account and to sign orders and issue instructions
to Oak Brook Bank, Oak Brook, Illinois in connection therewith.
04 Village Clerk
AND BE IT FURTHER RESOLVED,That thaillibillitilf or any other officer of this corporation be
and hereby h authorised to certify to Oak Brook Bank, Oak Brook, Illinois a copy of these resolutions and the names and signatures
of this corporation's officers or employees borsht authorised to act in the premises, and said Bank is hereby authorised to rely upon such
certificate until formally advised by a like certificate of any changes therein.and is authorised to rely on any such additional certificates.
1 do hereby certify that the following persona have been appointed or elected, have qualified and are now acting as
officers or employees of,said corporation in the capacity set before their respective names:
TITLE NAME TITLE , E jiie ,,
/ if
Village President Wence F. Cerne �/� AV./ 1,:
_
Village Treasurer John E. Brechin _ '1'ew,i .r_
I;
IN WITNESS WHEREOF, I have subscribed my aas as 1 r th
ri e caused ''
the corporata< goal of said corporation to be hereunto arced this ----.-.-...-.11.:1--------».._-_......... day of
`9 1Q:1?-3., 19, ..1_±.....
�"..;. .i`.1-:.. .... ,._
AMU Corporate Seal Salmi Vil,age C her N
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