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Home My WebLink About1978 STOCK COMPAN ES ROYAL INDEMNITY COMPANY · · NEWARK INSURANCE COMPANY East Orange, New Jersey ROYAL GLOBE INSURANCE COMPANY AMERICAN AND FOREIGN INSURANCE COMPANY GLOBE INDEMNITY COMPANY SAFEGUARD INSURANCE COMPANY Hartford, Connecticut BOND NO. 6:15906 Executive Office: 150 William Street, New York, New York 10038 PUBL.IC OFFICIAL. BOND as Princi~ (hereinafter ~lled "Princi~") and ~e ROYAL GLOBE INSTANCE COHPANY · co~orati~ having an office ~ the Ci~ of ~ YO~ 150 ~ILLI~ STREET as Surety (hereinafter c~lcd "Surety") ~re held ~d fir~y bound ~to ~ITUCK FIRE DIS~ICT. ~TTITUCK. N~ ~RK in the penalty of ~NTY-FI~ 1~USA~B A~ 00/100--- ~ol~s ($ 25~0~.00 ) to the payment whereof, well and tr~y to be made ~d done, the ~id princip~ binds himseff, his hei~ executors and administrators, and the ~d Surety binds itsdf, its successors ~nd usi~s, jointly and seve~lly, firmiy by these presents. ~tgtt~, sealed and dated this I~TH d~y of OCTOBER A.D., N~etem M,ared ~nd SEVENTY EIGHT i~Itt~ ~auiltttnn ale tl~t afartg~tag ~hl~laa ta audi, that ~[~£~iilt. the said prin- cipal was elected or appointed for the term heglnning JAl~i~i~s~ [ or until his successor is elected or appointed and qualifies. ~am. iillterrl[art, if the said Principal shall well and faithfully perform all and singular the dut.~s in~mbent upon him by reason of his election or ap.l~.intment as said ~ECRETARY-TR£A~URER FOR THE YEAR COH14ENCING JANUARY Is 1979 AND ENDING DECEHBER 31, 1979 except as hereinafter limited, and honestly account for all moneys coming into his hands as said SECRETARY-TREASURER FOR THE SAID YEAR ABOVE according to law, then this obligation shall be null and void; it is otherwise to be and remain in full force and virtue. ~[~1t ~llll~t is executed by the Surety subject to the following conditions: in writing to the said the said surety remaining liable for all or any act or acts covered by this bond which may have been committ~ by the principal up to the date of such termination, and the snrety shall, as soon as practicable after demand therefor, refund the premium paid, less a pro rata part thereof, for the time that this bond shall have been in SECOND--That the Surety shall not be liable to the said HATTITUCK FIRE DISTRICTt 14ATTITUCK~ NE~ YORK by reason of thc refusal, inability or failure of any bank, depository or depositories to pay upon demand any public moneys which now are or may hereafter be placed on general or special deposit by or on behalf of said Principal, or by reason of the allowance to or acceptance by said Principal of any interest thereon, any Law, Ordinance or Statute of the State of NE~/ YORK HATTITUCK FIRE OISTRICT~ I~TTITUCKI, NEll/ YORK or any Oldinance of the said to the contrary notwithstanding. ~JIl ~gt[lllllll~ ~][lls£lfllf, the said Principal has hereunto set his hand and seal, and the said Surety has caused this instrument of writing to be sig~ed by its duly anthorized representative st NE~ YORK~ NE~ YORK , and its corporate seal to be hereunto affixed, the d~y and year first above written. Witness: Principal ROYAL GLQB.~JM~IInA#CI: COI4PAMY EXECUTED IN DUPLICATE By · 141LDRED ~/o OEHI. · ATTORNEY- I N-FACT New York New York ": , 19..7~8 Mfore n:e personally acquainted, On this I_RTH da], ol OCTOBER MILDRI~D W. OERL who, being by me duly sworn, said: that lie residest~n~e Brooklyn~N.Y. ; that he is Attorney-i.-I:act of the ROYAL OLOBE IHSURANCE COMPANY the corporation described in and which executed the foregoing instrument; that he knows the cot- porate seal of the said Company; that the seal affixed to said instrument is such corporate seal; that it was so affixed by ovler and authority of the Board of Directors of said Company; and that he signed his name thereto as Attorney-in-Fact by like authority; and that the liabilities of the said Company do not exceed its assets, as ascertained in the manner provided in Chapter 082 of the Laws of 1939, constituting Chapter 28 of the Consolidated Laws of the State of New York, and known as the Insurance Law, and that pursuant to Sec. 327 of the Insurance Law the Superintendent of Insurance of the State of New York has issued to said Company a certificate of solvency and of qualification to become surety or guarantor on all bonds, undertakings, recognizances, guaranties and other obligations required or permitted by law; and that such certificate has not been revoked. ROYAL 4 LoBE iHSURAHCE CO41 MPAN¥ (Incorporated 1891 ) A Stock Company. Organized Under the Laws of the State of Illinois 150 WILLIAM STREET, NEW YORK, N.Y. 10038 Financial Statement, December 31, ~977 ASSETS Cash and Bank Deposits .......................................... $ Bonds ........................................................ Preferred Stocks ................................................ Common Stocks ................................................ Real Estate .................................................... Interest Due and Accrued ......................................... Net Agents Balances or Uncollected Premiums not more than three months due. Other Admitted Assets ............................................ TOTAL ADMITTED ASSETS .................................... 876,861 350,127,092 8,305,031 68,597,608 2,541,061 7,015,774 33,907,932 14,017,125 $485,388,484 LIABILITIES Reserve for Losses, Claims and Related Expenses ...................... $281,767,704 Reserve for Unearned Premiums .................................... Reserve for Contingent Commissions and other similar charges ............ Reserve for Taxes ............................................... Reserve for Accounts Due or Accrued ............................... Other Liabilities ................................................ CAPITAL ..................................................... SURPLUS ..................................................... SURPLUS TO POLICYHOLDERS ................................ TOTAL LIABILITIES AND SURPLUS ............................ 103,236,529 1,228,064 4,182,824 936,816 23,444,819 9,300,000 61,291,728 414,796,756 70,591,728 $485,388,484 Securities carried at $12,813,989 in the above statement are deposited as required by law. Bonds and Stocks are valued on the basis prescribed by the National Association of Insurance Commissioners. STATE OF NEW YORK $$. COUNTY OF NEW YORK PAUL FILKA, Vice President and Comptroller and R. V. HILL, Assistant Comptroller of the ROYAL GLOBE INSURANCE COMPANY being duly sworn, each for himself deposes and says that they are the above described officers of the said Company and that on the 31st day of December, 1977 the Company was actually possessed of the assets set forth in the foregoing statement and that such assets were available for the payment of losses and claims and held for the protection of its policyholders and creditors, except as hereinbefore indicated, and that the foregoing statement is a correct exhibit of such assets and liabilities of the said Company on the said 31st day of December, 1977 according to the best of their information, knowledge and belief. Sworn and subscribed to before me this 12 dayo~L~fApx':l-1 197 8 FRANK A. MACARINE Notary Public, State of New York No. 30-76445I 0 Qualified in Nassau County Certificate filed in New York County Commission Expires March 30, 1980 P26499-1 Vice President and ~o~pC~-[llg Assistant Comptroller Soo' KNOW ALL MEN BY THESE PRESENTS: That the ~IO~'AT, , a Corporation organized and existing under and by virtue of the laws of the State of ILLINOIS , pursuant to Article V, Section 1 of the By- Laws of said Company, an extract from which is hereunto attached, does hereby nominate, constitute and appoint MTT.rII:~..r~ I4': O~WF. _of I~ ¥ORg , in the State of N'~.,.r yQp~r. its true and lawful atrorney(s)-in-fact to make, execute, attest, seal and deliver for and on its behalf, as surety, and as its act and deed, where required, any and all bonds, undertakings, recognizances and written obligations in the nature thereof, the penal sum of no one of which is in any event, to exceed UNLIMITED ....................... -($ ) Dollars. Such bonds and undertakings, when duly executed by the aforesaid Attorney(s)-in-fact shall be binding upon the said Company as fully and to the same extent as if such bonds and undertakings were signed by the President and Secretary of the Company and sealed with its corporate seal. IN WITNESS WHEREOF, the ~OYAT, aT.n~. has caused its corporate seal to be hereunto affixed, and these presents to be signed by its duly authorized officers this 9 day of Attest: P..T.~..AI~I'flI? c~rn!ST!_~S~N By O..T. DYlrR'flTTRP. Assistant Secretary Vice President STATE OF NEW YORK COUNTY OF NEW YORK ET,~NOR CBRISTIANSEN , being duly sworn, deposes and says: That She is an Assistant Secretary of the '~CIVRT. t".T.Clla'~ 'r~'roa~Tr,'~ ,-,~,~rn^~r~- the corporation described in and which executed the above instrument; that ~he knows the corporate seal of the said corporation; that the seal affixed.to the aforementioned instrument is the corporate seal of the said Company and was affixed thereto by order and authority of the Board of Directors of the said Company, that ~he signed h elhame thereto by like order and authority; thatshe is acquainted with O. J. DYI~OUSR and knows him to be the Vice President of the said Company; that the signature subscribed to the said instrument is in the handwriting of the said ~. J. DYKI:tOUSR and was subscribed thereto by order and authority of the said Board of Directors and ~e further states that the following is a true copy of an extract from the By-Laws of said Company, and that the By-Laws are now in full force and effect: 'The Pteeld~t~ ~ay Vice President, or ~y other Officer designnted by the Board of Directors, shall have power and authority to ~ppoint Resident Vice Presidents, Resident Secret~ie~, Resident Assistant Sectetsrins, and Attorneys-in-fact, · ad to give $~ch appointees full power and authority to sign and to Seal with the Compsay.'s seal, where required, all policies, bonds, tecogailmnces, stipolation$ s~d nil underwriting undertakings, ~d he rosy at any tame in his judgment remove any such appointees ~ad revoke say authority given to them.~ ET.W.~WOR CHRISTIANSEN Assistsnt Secret~y Sworn to befure me this ~ day of February ~ 1976 · . Thom~.s Buckley~ Notary Public~ State of New York No. %1-4~0561%, Qualified in Queens County Cert. filed in New York County Commission Expires March 30, 1977 STATE OF NEW YORK "~ss.: COUNTY OF NEW YORK I, ELRANOR OItRISTL&NSEN , Assistant Secreraty of the ROYAL OLOBE l'/¢SglZa!~Clg Cl. C3~Palclr a corporation of the State of ILLINOIS , do hereby certify that the above and foregoing is a full, true and correct copy of Power of Attorney issued by said Company, and that I have compared same with the original and that it is a correct transcript therefrom and of the whole of the original and that. the said Power of Attorney is still in full force and effect and has not been revoked. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the ~eal of said Company, at the City of New York, this 13THday of OCTOBER : 19 7 · / · Assistant Secretary CF66683-