HomeMy WebLinkAbout851 RESOLUTION NO.
BE IT RESOLVED that THE NATIONAL BANK OF C0~ERCE OF
SEATTLE be, and hereby is selected as a depository for the funds
of the CITY OF BR~ERTON, a municipal corporation, and that a
bank account or accounts shall be opened and kept with said bank
in the name of the CITY OF BEE~TON and that endorsements for
deposits may be made by the written or stamped endorsement of the
City without designation of the person making the endorsement.
BE IT FURTHER RESOLVED that THE NATIONAL BANK OF CO~ERCE
OF SEATTLE be, and it hereby is authorized to honor and pay c becks
or other orders for the payment of money drawn in the name of
this City when signed by either RUTH C. CULLIN, Commissioner of
Finance and Accounting or EDNA ODDEN, Treasurer of s aid City,
and/or when signed by their respective successors in office,
and that said The National Bank of Commerce of Seattle be, and
it hereby is authorized and directed to honor, pay and charge to
any or all of the above designated accounts of this City (for
said purpose treating all of said accounts as one account) all
checks and orders for the payment of money so dra~, when so
signed, without inquiring as to the circumstances of their issue,
or the disposition of their proceeds, whether such checks or ardors
be payable to cash or to the order of or endorsed or negotiated by
any officer or person signing them, or any of said officers or per-
sons in their individual cap~cities or not, and whether they are
deposited to the individual credit of any officer or person signing
them or of any other officer or person, or not, and without regard
to any notation or memorandum made upon said checks or orders.
BE IT FURTHER RESOLVED that said bank be and it is hereby
authorized to cash for, or to pay to, or to credit to the individual
account of any third person, firm, corporation or any of said officers
or agents, all checks or orders payable to this City, either as payee
or endorsee, when said checks or orders are ~o made payable by
mann er
endorsement executed in the same/as provided in the preceding
paragraph for signing checks or orders.
BE IT FURTHER RESOLVED that this City does hereby agree
that the c~nditions printed on the deposit ticket and in the pass
book shall apply to all items other than cash which the bank may
receive from this City on deposit or for collection.
BE IT FURTHER RESOLVED that any one of said officers or
agents be and she hereby is authorized to transact any other bus-
iness with said bank incidental to the powers hereinabove granted.
BE IT FURTHER RESOLVED that there shall be no obligation
on the part of said bank to see to the application of funds in
any case whatsoever.
BE IT FURTHER RESOLVED that the foregoing authorizations
and each of them, shall be continuing ones and shall not be ex-
hausted by their exercise but shall remain in effect until revoked
by a resolution of the City Council of the City of Bremerton and
until a certified copy ef such revoking resolution has been re-
ceived by THE NATIONAL BANK OF COMMERCE OF SEATTLE.
BE IT FURTHER RESOLVED that all prior resolutions relating
to any of the above matters be, and they hereby are revoked.
BE IT FURTHER RESOLVED that the Mayor and City C ler k of
the City of Bremerton be, and they hereby are authorized to certify
to THE NATIONAL BANK OF COMMERCE OF SEATTLE a copy of this resolution
and to further certify that Ruth C. Cullin is the duly elected,
qualified and acting Commissioner of Finance and Accounting of the
City of Bremerton and that Edna Odden is the duly appointed, qual-
ified and acting Treasurer of the City of Bremerton.
PASSED AND APPROVED by the City Council of the City of
Bremerton, signed by the Mayor and attested by the City Clerk in
authentication of such passage this.~h d ay~of Novem/~ ber, 1953.
ATTEST: .,' ~ ' S'~'W. ¥OWELL, M~yor.
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