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HomeMy WebLinkAbout1951[ NITED STATES FIDELITYAND GUARANTY COMPANY B.aLT MO ' MaaYLANO No. ___0_Z-_231t_-.51,____ all Men these Pre ents: That we, EI~ARD L. DONAHUE as Principal, and the UNITED STATES FIDELITY AND GUARANTY COMPANY, a corporation duly incorporated under the laws of the State of Maryland, as Surety, are held and firmly bound unto SOUTHOLD PKRK C01~ISSION ............... , Obligee, in the sum of FIVE THOUSAND AND 00/100 .... Dollars ($ ~000.00- - ) lawful money of the United States of America, for the paYment of which, well and truly to be made, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. eeas, theab v bounden rinip w lst~ 19~1 and ending March lst~ 19~2. Now, Therefore, the condition of this obligation is such, that if the said Principal EDWARD L. DONAHUE shall well and faithfully perform all the duties of his said office, then this obligation to be void, otherwise to remain in full force and effect. It is Understood and Agreed, and this bond is given and accepted on the condition that the Surety shall in no way be held liable for any loss, costs, damages or expenses of any kind caused by the failure of any Bank, Institution or Depository of any kind to pay, deliver over or properly account for any money, moneys, papers, securities or property of any kind placed on deposit therein or in its custody by or, for said Principal in his capacity as aforesaid or in any other capacity. It is Further Understood and Agreed between all parties hereto, that if the Surety shall so elect, this bond may be cancelled by giving thirty (30) days notice in writing to the Obligee and this bond shall be deemed cancelled at the expiration of the said thirty (30) days, the said Surety remaining liable for all or any act or acts covered by this bond, which may have been committed by the Principal up to the date of such cancellation, under the terms, conditions and provisions of this bond, and the Surety shall, upon surrender of this bond and its release from all liability thereunder, refund the premium paid less a pro rata part thereof, for the time this bond shall have been in force. Signed, sealed and dated, this 2nd day of FEBRUARY, 19~1 Principal United States Fidelity and Guaranty Company RESOLUTION Slate of N~.~o~k, ,C~i~t~of New Yerk, m: . ........... CiTY OF NEW YOR~ ~ ~ ~.~~_~ r~a~ m .... .~, ~. h; ~t he b A~ey-in-f~ ~ ~e UNITED ~ ,~ ~.~ ~ ~[~ ~ ~ ~ ~ D~ ~ ~d ~a~on, ~d ~t he ~ ~ ~, ~ere~ by l~e o a~, ~a ~at ~e ~a ~p~y ~ ~v~ l~m ~ Su~n~ent ~ Insu~n~ of ~e S~ of N~ York a s t,on si7 Cork, At a meeting of the Board of Directors of the UNITED STATES FIDELITY AND GUARANTY COMPANY, held at the office of the Company, in the City of Baltimore, State of Maryland, on the 22nd day of November, A. D. 1950, at which was present a quorum of Directors duly authorized to act in the premises, on motion it was unanimously: H RESOLVED, That W. A. EI~ KENNET~ H. Woc~, CH.~LES B. BRADBURY, GEOI~..E A. I~T~2~SgN, JR., Wr~.r.T~M J. A. ~W~I~.A..H~u.~H~. ,?d RI.CH~. F....MAc.~ be and they hereby are appointed Attorneys-in-fact of this Company in e ~m~e ox mew xor~, anu each er ~nem ~s authorized and empowered to execute and deliver and to attach the seal of the Company, to any and all bonds and undertakings for, or on behalf of the Company, in its business of guaranteeing the fidelity of persons holding places of public or private trust and the performance of contracts other than insurance pelf- ~ies, and .executing or guaranteeing bonds and other undertakings required or permitted in all actions or proceedings or by aw reqmred including co-suretyship and reinsurance agreemonte and all other bonds, undertakings or guarantees of what- soever nature not specially covered by the foregoing authority, and to give and execute waivers of citation, admissions of service of notices of motions, and consents to the entry of orders in proceedings wherein the said Company is interested as surety; and the aforesaid Atterneys-in-fact are, and each of them is hereb~ authorized and empowered to certify a copy of this resolution under the seal of the Company. State of New York~ County of New York, m: HOWARD L. (Mx I Eeing duly sworn says that he is I~-~'~ H. W~D, 2e~ ~e~ of the UNITED STATES FIDELITY AND  N~Y ~, that he ~ ~e .~d ~m~y, ~ ~ n~by ~ ~t ~e s~e m a ~e ~d~ ~an~pt th~from, and wnom ox ~m on.nm ~iu~on, ~at ~e ~ ~s n~ ~ f~ fo~ a~ ~ ~at the au~rit~ of ~e ~n rimed a~ve who ~ ~ h ~,~ ~W STATEMENT Fide Comply AT ~E OF BUS~ ~ 30, 1950 E. ASBURY DA~S, A~N P. HOBLITZELL, ~e~ ~e ~e~t-Tre~rer Sta~ ~ New Yor~ ~ty ~ New Y~ F 0 R D B. EL LIN nn~~ ~ ~e ~mp~y ~ ~ zavo~le n~ ~ it w~ when such s~ent w~ , ~d R~l~to~ ot N~ York, Bronx, Kings and que*ns c~ - ~ A~-~-~ ................ 0?-238- 5':]- ~.DWAI~D I,. DONA.HUE~ TREASUREB ?A: SOUTHOLD PARK COMMISSION EFF. DATE- 3/1/~1 United States Fidelity and Guaranty Company BALTIMORE 3, MD. ~ 20,