HomeMy WebLinkAboutMarcus SubdivisionBOND NO. CJ ?1159-~3
BOND
KNOW ALL MEN BY THESE PRESENTS, that I, LEON MARCUS of
~~V~ ~NS~R~CE ~MPANY as principal and the
~ New Y rk N 100 2 authorized to do business
in the State of New York, having an office and place of business at
Wall Street Plaza, New York, NY 10005 as surety are held and
firmly bound unto the Town of Southold, Suffolk County, New York as
obligee in the sum of Nine thousand one hundred thirty ($9,130.00)
Dollars lawful money of the United States of America to be paid to the
said obligee, for which payment well and truly to be made, the prinipal
and the surety bind themselves, their successors and assigns, jointly
and severally firmly by these presents.
SIGNED, SEALED AND DATED THIS 7thday of J~le 1984.
WHEREAS, the principal has made application to the Planning
Board of the Town of Southold for approval and filing of subdivision
map entitled, "Minor Subdivision on Map of Land Surveyed for Leon
Marcus" situated in the Town of Southold, Suffolk County, New York
dated February 16, 1984.
WHEREAS, the principal is required by the obligee to construct
and faithfully complete water main improvements shown on said
subdivision map known as "Minor Subdivision on Map of Land Surveyed for
Leon Marcus" prepared by Roderick Van Tuyl and dated February 16, 1984,
as required by the Southold Town Planning Board resolution of May 7,
1984, and the resolution of the Southold Town Board made the 22nd day
of May, 1984, and;
NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, THAT
if the princpal shall well and truly at its own cost and expense,
within two (2) years subject to renewal by the Town Board, from the
date hereof construct and install 830 feet of 6" water main in and to
the subdivision known as "Minor Subdivision on Map of Land Surveyed for
Leon Marcus" as said work is more fully described in the aforesaid
resolutions and all in accordance with the construction specifications
and rules and regulations of the Town of Southold Town Planning Board,
and the Southold Town Board then this obligation to be void; otherwise
to remain in full force and effect.
PROVIDED that in no event shall the lj~ity of the surety
hereunder exceed the penal sum of this bon~. ~,,
Leof~rcus, Principal
COMMERCIAL UNION INSURANCE COMPANY
M. CALECA, ATTORNEY-IN-FACT
JUDITH T. TERRY
Tovm CLERK
REGISTRAROI V[TALSI \lIST[CS
OFFICE OF THE TOWN CLERK
TOWN OF SOUTHOLD
June 21, 1984
Town Hall, 53095 Main Road
P.O. Box 728
Southold, New York 11971
TELEPHONE
(516) 765-1801
Mr. Bennett Orlowski, Jr., Chairman
Southold Town Planning Board
Southold, New York 11971
Dear Bennie:
This is to advise you that the Town Board, at their regular
meeting held on June 19, 1984, approved the bond in the amount
of $9,130.00 submitted by Leon Marcus in connection with the
installation of a water main in the Minor Subdivision entitled,
"Leon Marcus," located at Greenport, New York. A copy of said
bond is attached hereto.
Very truly yours,
Judith T. Terry
Southold Town Clerk
Attachment
cc: Charles R. Cuddy
RECEIVED
.JUN i_ 5 ~
ESSEKS, HEFTER, CUDDY & ANGEL
Town Clerk Southold
June 14, 1984
Chairman of the Planning Board
Town of Southold
Town Hall
Southold, New YOrk
Re: Minor Subdivision on Map of Land
Surveyed for Leon Marcus
Dear Sir:
We are enclosing the original bond made by Leon Marcus as
principal and the Commercial Union Insurance Company as surety in
connection with the Marcus minor subdivision. Your resolution of
May 7, 1984 requires submission of this bond.
Kindly confirm that the bond meets with the Board's approval and
that, upon submission of the signed declaration, a copy of which
was previously forwarded to you and the town attorney, that the
map will be signed.
CRC/ec
enc.
Very truly yours,
Charles R. Cuddy~/
4
· ' COMMERCIAL UNION INSURANCE
COMPANIES
NOTARML ACKNOWLEHMENTS
INDIVIDUAL
STATE OF '~ ~/ O't'''//f~''~
therein, duly commissioned and sworn, personally came L, eorJS , to me known, and
known to me to be the person described in and who executed the foregoing instrument and being by me first duly sworn according to law did depose
and say that he acknowledged that he executed and delivered such instrument as his voluntary act and deed for the uses and purposes therein
mentioned.
PARTNERSHIP
STATE OF f
COUNTY OF ss.
On thiq day of , 19~ before me, a Notary Public of the State and County aforesaid, residing
therein, duly commissioned end sworn, personally came , personally known to me
to be s general partner of the firm of and to
me known to be the person described in and who executed the foregoing instrument in the name of said firm, and being by me first duly sworn ac-
cording to law did depose and say that he acknowledged that he executed and delivered such instrument as the voluntary act and deed of said firm for
the uses and purposes therein mentioned.
CORPORATION
STATE OF t
COUNTY OF ss.
On thi~ day of , 19__ before me, a Notary Public of the State and County aforesaid, residing
therein, duly commissioned and sworn, personally came , to me known, who being
by me first duly sworn according to law, did depose and say that he resides in ; that he is
of . the
corporation described in and which executed the foregoing instrument; that he knows the seal of said corporation; that the seal affixed to such instru-
ment is such corporate seal; that it wes so affixed by order of the Board of Directors of said corporation and that he signed his name thereto by like
order; that he executed and delivered such instrument on behalf of said corporation as its voluntary act and deed for tho uses and purposes therein
mentioned.
G~0810 9-6g
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the COMMERCIAL UNION INSURANCE CPM PANY, a corporation duly organized and existing
under the laws of the Commonwealth of Massachusetts, and having its principal office in the City of Boston, Massachusetts, hath made, constituted and
appointed, and does by these presents make and constitute and appoint
M. Caleca, C. Rifkin, V. Tirv~and ~muel F~moso ~11 of New York, New York
and each of them its true and lawful Attorney-in-Fact, to make. execute, seal an~l deliver for and on its b~,half as ~fety any artd all bonds or undertak~gs
of suretyship and other documents that the ordinary course o~ sure~yousxness m~.y requxre,
in. cluding co-suretyship, recognizances, stipulations, notices of appearance, waivers of
c~tations a~d consents o£ modification of contracts or agreements.
and tiae execution o{ suchbonds or undertakings in pursuance of these presents, shall be binding upon said Company as fully and amply, to all intents and
purpo~s, as if such bonds were signed by the President, sealed with the corporate seal of the Company, and duly attested by its Secretary, hereby ratifying and
confirming all the acts of said Attorney-in-Fact pursuant to the power herein given. This Power of Attorney is made and executed pursuant t o and by out hority of
the following resolu fions adopted bythe Board of Directors of the CPM MERCIA L UNION INSURANCE COMPANYat a meeting duly called and held on the
twenty-seventh day of July, 1972:
Resolved: That the President, or any Vice-President, or any Assistant Vice-President, may execute tor and in behalf of the company any and
all bonds, recognizances, contracts of indemnity, and all other writings obligatory in the nature thereof, the same to be attested when necessary and
the seal of the company affixed thereto by the Secretary, or any Assistant Secretary: and that the President. or any Vice-President, or Assistant
Vice-President. may appoint and authorize an Attorney-in-Fact to execute on behalf of the company any and all such instruments and to affix the seal
of the company thereto; and that the President, or any Vice-President, or any Assistant Vice-President, may at any time remove, any such
Attorney-in-Fact and revoke all power and authority given to any such Attorney-in-Fact.
Resolved; That Attorneys-in-Fact may be given full power and authority to execute forand in the name and on behalf of the company any and
all bonds, recognizances, contracts of indemnity, and all other writings obligatory in the nature thereof, a nd any such instrument executed by any such
Attorney-in-Fact shall be as binding upon the company as if signed by the President and sealed and attested by the Secretary, and. lurtber,
Attorneys-in-Fact are hereby authorized to verify any affidavit required to be attached to bonds, recognizances, contracts o{ indemnity, and all other
writings obligatory in the nature thereof, and are also aut horized and empowered to certify IO a copy of any of the by-laws of the company as well as any
resolution of the Directors having to do with the execution of bonds, recognizances, contracts of indemnity, and all other writings obligatory
in the nature thereof, and to certify copies of the Power of Attorney or with regard to the powers of any of the officers of the company or of
Attorneys-in-Fact·
This power of attorney is signed and sealed by facsimile under the authority of thc following Resolution adopted by the Directors of the
COMMERCIAL UNION INSURANCE COMPANY at a meeting duly called and held on the twenty-seventh day of July~ 1972:
"Resolved: That the signature of the President, or any Vice-President, or any Assistant Vice-President, and the signature of the Secretary or
any Assistant Secretary and the Company Seal may be affixed by facsimile to any power of attorney or to any certificate relating thereto appointing
Attorneys-in-Fact for purposes only of executing and attesting any bond. undertaking, recognizance or other written obligation in the nature thereof,
and any such signature and seal where so used, being hereby adopted by the company as the original signature of such officer and the original seal of the
company, to be valid and binding upon the company with the same force and effect as though manually affixed"
IN WITNESS WHEREOF, the COMMERCIAL UNION INSURANCE COMPANY. has caused these presents to be signed by its Assistant
Vice-President and its corporate seal to be hereto affixed~ duly attested by its Secretary on this 7 t h day of ,] a {~ U ~ r y 19 8
COMMONWEALTH OF MASSACHtrSEITS
COUNTY OF SUFFOI.K SS.
COMMERCIAl. UNION INSURANCE COMPANY
Assistant Vice-President
described in and who cxeculed the preceding mslrument, and they acknowledged the execution of the same. and being by me duly sworn, severally and each
direction of the said Company.
CERTIFICA~/E
L the undersigned. Assistant Scerelary of the COMMERCIAL UNION INSURANCE COMPANY. a Massachusetts Cor~oration. do hereby certdy that
the Ioregoing power of attorney is in lull force and has n~)t been revoked; and furthermore, that the Resolutions of the Board o~' Directors set forth in the power
~f attorney are now in force.
Signed and sealed at the City of Boston. Dated this
·
'.~..77,,
7th dayof June
Andreis ,I (trots Assislant Secretary
3-B2
S:fATE OF NEW YORK
COUNTY OF NOV/ York
On this 7th day of June ,19 ~ , before me personally
appeared M. C&'leca Attorney-in-fact of
COMMERCIAL UNION INSURANCE COMPANY, with whom I am personally acquninted, who being by me
dulysworn, said that he r~id~ New Yo~k, ~ ;
that he is an Attorney-in-fact of COMMERCIAL UNION INSURANCE COMPANY, the Corporation
d~cribed in and which executed the within instrument; that he knows the corporate seal of said Corporation; that
the seal affixed to the within instrument is such corporate seal; that it was affixed by order of the Board of Dire~o~
of said Corporation; and that he signed said instrument as an Attorney-in-fact of said Corporation by like
authority, and that the Superintendent of Insurance of the State of New York has, pursuant to Chapter 882
of the Laws of the State of New Y~k for the year 1939 constituting Chapter 28 of the Consolidated Laws of the
State of New York known as the Insurance Laws, issued to COMMERCIAL UNION INSURANCE COMPANY
his ce~ificate that said Corporation is qualified to become and be accepted as surety or guarantor on all bonds,
undertakings, reco~izanc~, guaranti~ and other obligations required or permitted by law; and that such
certificate has not been revoke.
as Filed with New York Insurance Department
Financial Statement, December 31, 1983 r~o. ,~z-,,g;~ -£5 - ~,- s County
~erm ~pires Batch 30, 1985
ASSETS
Bonds amortized and Stocks valued on basis approved by the National -
Association of Insurance Commissioners ......................................... $ 1,007,179,433
Cash in Office, Banks and Trust Companies ..........................................
Agents' Balances or Uncollected Premiums, not over 90 days due ........................
Duc from Reinsuring Companies ............................................. , .....
Real Estate (Net of Encumbrances) .................................................
Interest and Dividends Duc and Accrued .............................................
Other Assets .....................................................................
22,135,146
150,068;077
31,090,945
5,952,880
12,697,719
78,095,176
$1,307.219.376
LIABILITIES
Reserve for Losses and Loss Expenses ............................................... $ 702,023,056
Reserve for Unearned Premiums .................................................... 285~207,594
Reserve for Expenses and Taxes Due and Accrued .................................... 16,654,455
Funds Held Under Reinsurance Treaties ............................................. 1,667,693
Miscellaneous Reserves ............................................................ 50,543,348
Capital Paid Up ...................................................... $ 6,000,000
Surplus .............................................................. 245,123,230
Surplus as regards Policyholders ....................................................
251,123,230
$1,307.219,376
Securities carried at $4,548,478 in the above statement are deposited as required by law.
I, the undersigned, Assistant Vice President of Commercial Union Insurance Company, certify that to the best of
my knowledge and belief, the foregoing is a true and correct statement of the financial condition of the said
Company, as of December 31, 1983.
Given under my hand and the seal of the company, in the City of Boston, Commonwealth of Massachusetts this
5th day of March, 1984.
M. Garrett Assistant Vice President
Acknowledgment and Justification of Surety, New York State.
3-84