HomeMy WebLinkAboutRESOLUTION - 48-69 - 5/6/1969 - DESIGNATE NORTHERN TRUST CORESOLUTION NO. 48-69
do Iereby Certify that I ani the
Vii.7 cl
duly elected and of_
(Nam, o: oryanir, can)
( incorporated
an -and tbat I ani the hcepet. of its records and seal, and that
the follocring is a tate and correct copy of a rosohution adopted by appropriate action of this
vi 1.1
oabanc�ari-rron the 6th___ -day of--_.—iL
A. D. l9___).
And I do further certify th,t said resolution is =u conao..nity With tha constitution, b- alts
and other rules of thi c_ ^i.::*.i.o i:: Vi'J._
1. "RESOLVED: That The Nwd—,em frust Compiny of Chicago, Illinois, hereby is desigmtcJ a dc-
positary in which funds of this org:.nization may be dc-pos-ted, and tl;et any o,tuer of this orgaoizaton
hereby is authorized for and on behalf of this org�.nizatiou to of eo , n account or accounts with said
depositary and to make such arrangements for the conduct thereof as he shall deem proper, and, also,
that any officer, agent, or employee hereby i:; autliorived to d_posit the funds of this organization in
such account or accounts, and to indorse for deposit or collection checks, drafts, notes, certificates Of
de1aosit, and like oNi3ations. Indurscownts for deposit or collection rosy be by the crriteen or stamped
indorsement of the orgauization, without dcsignation of the pcaon making the inlorscmeaf.
2. "RESOi.VED, also, That &A The Non'tcnt Trust Company hereby is author;zed to pay out funds
on deposit with it to the credit of this organization, upon cheeps or other orders for the payment of
money drawn upon said depos::ary, and si gned in the mute of this organization by any_
of the following, to -wit: Iasr._t number of zl$n rn rrquir.-d oa cech ins vmenl
11r, trE_,i n_a_ViI1
jr (Insert tills of or3cve and otter pe:com au!horiud to a'_n checks, for esany].r. P[cai3enp ir<aanreg etc.;
ako ytame iad;=te 1. rbat manner 6abovaurn,m aGeera arc to ugn—singly, any two, or j.Nt'y, s'e)
3. 'RESOLVED, also, That said The Northern Trust Company shall not in any way he responsible for,
or have any obligation to inquire into the circumstances of the issuance of any cbeck or outer order for
the payment of money, or other instrument signed as hereinabove provided, or the application, dis-
position, or usa of au
ny such check, order, or instrument or the proceeds thereof, or of any of the funds
deposited with it as hereinabove prcM&d, and shall honer, receive, certify, and pay any and all checks
and other orders for the payment of money and other instruments signed as aforesaid, whether or not
payable or indorsed to tie order of any oruo.r or other person signing or eouatersioning the same, o:
of any other officer or employee of this organization, and whether or not deposited to thz individual
credit of or used it, payment of the individual obligation of, or tendered for cashing by any officer or
other person signing cr countersigning the sang,, or of or by any of the other officers or employees or
this organization.
4. "RESOLVED, also, That each of the aforementioned oL4cers or other persons authorized to act for
this organization in any case aforesaid hereby is authorized without the concurrence of any other ofhcer
or person:
(a) "To identify, approve, and guarantee the indorsement of any payee or indorser of any checks
or drafts drawn by this organization;
(b) "To waive presentment, demand, protest, and notice of dishonor or protest, and to give instruc-
tions in regard to the handlin, or deliver, of any negotiable or non-negotiable papers or documents
involved in any of said transactions; ani
(e) "To act for this organizatioo in the transaction of all other business for its account with said T'Ite
Northern Trutt Company.
5. "RESOLVED, also, That thc_/all id
y of this org inil.jtiori ,%, fii� with saki The
Northem Trus". Comma =y ?. ccr,ilt"'J Copy w this under the seal of the orlpnin,io;), and itso
shall filo Nv:tll S_,Iid 'ilie Noll!;�ln Trost LFL of the p.rsons at the pccunt time, holding the
offices above inent:rmcd in t,l:s organiaalion, and said the Northern Trust Compini as ripi,,.st thil
organ;z-,tion shall be entitled to ccnclkirk, ly that the pmons so certified as ho,!JiflE sash
offices respectively contilill", to 11',Ld the sane cell; 0:h, :I,, is,-, notified in w,—:ting by the_ V7.
ti 1�,-1 v of this or,,Ili7.qtiC)II, Ind sid,_ ".- __ � - . , :' is authorized and directed to certify
that the provisions herein` ar-- in coidortni;) with il�- coastiiuJon, by -Inas and other rules of this
organ773ti0q,
6. "RESOTY-M, v.L, That this wy,lution sL 41 b� in fid[ force and effect and binding upon this oiZm-
izatioa:mtil it shall have hc,T) i'rlll k! Itil tIC)tiCCC)f hive hCc(Idelivered
to said "'lie Ncrtlivrii Tnist Com,;"-Ily at its of':C: in ["e City Or Chi'_L"'O,
And IdoI:v,,tI,,-rcertify tlh.t tbc :IoN,7 reso.r.tFon 1-:s not Li,2en in anywise altered, amcm](A,
or repealed end i,,, now in full force and
I do further certify that the mmies of t6e present oflICUS 04 this or.-anization are as follows:
V " j. I
C ;% ... ... .
!ro-:.' er cerilfy tll-.L'thc_Oils RA;c ha-,,t?-Lt2,t
ized to i-tl-� c-�pnci�y names. 'n ii _Let opposite th-'j- resf.,ict've
1NGP.RT TITLE, snmh xs Cx-,Si:r, BoY' Atttho,L-,d
I do further certify that the genuine signatures 0
of those above authoris ed to sign for tb:s
0
organ i-� a tion alipalr on the accompanyin.- signature cards.
(AFFIX SEAL BICLOW)
1N WITNESS NVUEREOF, I have hereunto set my hand and affixed
the 1 Se,1-�17 1
of S� I , 1 _ - -
C, ,.,--.%,,, V'I
this l5tyi I —day A. D. 19. '- `_, -.
Eleanor G. Turner