HomeMy WebLinkAboutSCNB ELIZABETH A. NEVILLE
TOWN CLERK
REGISTRAR OF VITAL STATISTICS
MARRIAGE OFFICER
RECORDS MANAGEMENT OFFICER
FREEDOM OF INFORMATION OFFICER
Town Hall, 53095 Main Road
P.O. Box 1179
Southold, New York 11971
Fax (631) 765-6145
Telephone (631) 765-1800
OFFICE OF THE TOWN CLERK
TOWN OF SOUTHOLD
THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION NO. 488 OF 2001
WAS ADOPTED AT THE REGULAR MEETING OF THE SOUTHOLD TOWN BOARD
ON JULY 3, 2001:
RESOLVED that the Town Board of the Town of Southold hereby adopts the following
resolution in regard to the Suffolk County National Bank:
RESOLVED, that the above Bank be designated as a depositary of this Corporation and
that funds of this Corporation deposited in said Bank be subject to withdrawal upon checks,
notes, drafts, bills of exchange, acceptances, undertakings of other orders for the payment of
money when signed on behalf of this Corporation by any one .(Number) of its
following officers to wit:
Supervisor
Deputy Supervisor
Designated Councilman
RESOLVED, that the above bank, is hereby authorized to pay any such orders and also
to receive the same for credit of or in payment fi.om the payee or any other holder without
inquiry as to the circumstances of issue or the disposition of the proceeds even if drawn to the
individual order of any signing officer or tendered in payment of his individual obligation.
RESOLVED, that the Supervisor or Deputy Supervisor
be and they hereby are authorized to borrow fi.om time to time on behalf of this Corporation
from the above Bank sums of money for such period or periods of time, and upon such terms,
rates of Interest and amounts as may to them in their discretion seem advisable, and to execute
notes or agreements in the forms required by said Bank in the name of the Corporation for the
payment of any sums so borrowed.
That said officers are hereby authorized to pledge or mortgage any of the bonds, stocks or
other securities, bills receivable, warehouse receipts or other property real or personal of the
Corporation, for the purpose of securing the payment of any moneys so borrowed; to endorse
said securities and/or to issue the necessary powers of attorney and to execute loan, pledge or
liability agreements in the forms required by the said Bank in connection with the same.
That said officers are hereby authorized to discount with the above Bank any bills
receivable held by this Corporation upon such terms as they may deem proper.
That the foregoing powers and authority will continue until written notice of revocation
has been delivered to the above Bank.
RESOLVED, that the Town Clerk of this Town be and he hereby is authorized to certify
to the above Bank, the foregoing resolutions and that the provisions thereof are in conformity
with the charter and By-Laws of this Corporation.
Elizabeth A. Neville
Southold Town Clerk
Depositary
and Signing
Resolution
Borrowing
Town of Southold
I HEREBY CERTIFY TO Suffolk County National Bank
that at a meeting of the °~r'~t~''s of l:h- To.~n of So,thnl~ : a corporation
organized under the laws of the Stare ofNew York duly called (a quorum
being present) and held at the office of said Corporation, 53095 Rnute
in the:C~t,j~::gx ?om nf .%,,thnla State of New ¥o~k on the 3~-a day
of July. 2001 : 1~ ~ the following resolutions were duly adopted and are now
in full force and effect:
RESOLVED, that the above Bank be designated as a depositary, of this Corporation and
that funds 'of this Corporation deposited in said Bank be subject to withdrawal upon checks,
no'sa, drafts, bills of excha0ge, acceptances, undertakings of other orders for the payment of
money when signed on behalf of this Corporation by any one
{Number)
of its following officers to wit: Supervisor
Deputy Supervisor
Des±snared Councilman
RESOLVED, that the above Bank, is hereby authorized to pay any such orders and also
to receive the same for credit of or in payment from the payee or any other holder without
inquiry as to the circumstances of issue or the disposition of the proce.eds even If drawn to the
individual order of any signing officer or'tendered in payment of his individual obligation.
RESOLVED, that [:he Suoervisor :~o~ Deputy Suoervisor
Resolution
be and they hereby are authorized to borrow from time to time on behalf of this Corporation
from the above Bank sums of money for such period or periods of time, and upon such terms,
rates of interest and amounts as may to them in their discretion seem advisable, and to ex*
acute notes or agreements in the forms required by said Bank in the name of the Corporation
for the payment of any sums so borrowed.
That said officers are hereby authorized to pledge or mortgage any of the bonds, stocks or
other securities, bills receivable, warehouse receipts or other property ~'eal or personal of the
Corporation, for the purpose of securing the payment of any moneys so borrowed; to endorse
said secuFitles and/or to Issue the necessary powers of attorney andl to execute loan, pledge
or liability agreements in the forms required by the said Bank in connection with the same.
That.said officers are hereby authorized to discount with the above Bank any bills receivable
held by this Corporation upon such terms as they' may deem proper.
That the foregoing powers and authority will continue until written notice of revocation has
been delivered to the aboye Bank.
RESOLVED, that the ~r~,2-'~--be and he hereby is authorized to
certify to the above Bank, the foregoing resolutions and that the provisions thereof are in con-
formity with the charter and By-Laws of this Corporation.
I FURTHER CERTI'FY, that there is no provision in the charter, or By-Laws of said Cor-
poration limiting the power of the Board of Directors to pass the foregoing resolutions and
that the came are in conformity with the provisions of said charter and By-Laws.
I FURTHER CERTIFY, that the following are the genuine signatures of the persons
now holding office in said Corporation as indicated opposite their respective signatures.
Cn er iso mt,e)
(J .(Title)
Town Clerk of S~AdLY"['Title)
IN 'WITNESS WHEREOF, I have hereunto set my hand as:~ce~d
and.affixed the corporate seal this 3rd day of July, 2001 , 1~× .
(CORPORATE SEAL)
Town--own o~Southold
NOTE: In case the Secreta*~ ~-othcr recordi,g oHicer is authorized to sign checks, notes, etc.,
by the abo~e resolutions, this certificate must also be signed by a second o[[icer o[ the Corporatio~.
ACCOUNTING & FINANCE DEPT.
John A. Cushman, Town Comptroller
Telephone (631) 765-4333
Fax (631) 765-1366
E-mail: accounting@town.southold.ny.us
TOWN HALL ANNEX
Feather Hill, Building 10
620 Traveler Street
P.O. Box 1179
Southold, NY 11971-0959
TOWN OF SOUTHOLD
OFFICE OF THE SUPERVISOR
To: Town Board
From: John Cushman/~
Date: June 27, 2001 ~'
Re: Additional Signatory on Bank Accounts
in order to add Councilman Romanelli as a signatory on Town bank accounts, the
various banks require corporate resolutions authorizing the change. In view of this,
please consider adopting each of the attached resolutions.
Your consideration is appreciated.