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HomeMy WebLinkAbout1955SURETY DEPARTMENT BOND NO. N-2817323-A A Stock Company OFFICIAL BOND Know All Men By These Presents, That we, EDWARD L.DONA~0~., of SoutholdS in the State of New York s:. 'as Principal, and the HARTFORD ACCIDENT AND INDEMNITY COMPANY, a corporation duly organized and existing under and by virtue of the Laws of the State of Connecticut, and authorized to become sole surety on bonds in the State of New Yo~lr , as Surety, are held and firmly bound unto SOUTH0~D PARK COMMISSION, SOUTHOLD~ in the State of ~b~ YORK , in the full and just sum of FIVE THOUSAND AND 00/100 .......... _Dollars (~s000e00 ) lawful money of the United States, for payment of which well and tr~l;to;e ~nac~e, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. Signed and sealed this 18ts day of February, , A. D. 19 55. Whereas, the said EDWARD L.DONAHUE has been duly elected or appointed to the office of Tl~ess%u~el~ in and for the SOUTHOLD PARK COMMISSION, SOUTHOLD, NEW YORE for the term beginning on the 1StS day of M~vchS ,19 55. and ending on the 1atS day of Max-ohS Now, Therefore, The Condition of the Above Obllllatton is Such, that if the above bounden , 19 56. EDWARD L.DONAHU~ shall, during the aforesaid term, faithfully and truly perform all the duties of his office and shall pay over and account for all funds coming into his hands by virtue of his said office of T~®asnve= as required by law, then this obligation to be void, otherwise to be and remain in full force and virtue. In Witness Whereof, the said Principal has hereunto set his hand and seal, and the said HARTFORD ACCIDENT AND INDEMNITY COMPANY has caused these presents to be signed by its officers proper for the purpose the day and year first above written. BY"~~ HARTFCIRD ACCIDENT AND INDEMNITY COMPANY Res em gent, a e o ew or County of Before me, this / 7 day of , A. D. 19 personally appeared the said EDWARD LoDONAItlJ~ , to me known and known to me to be the individual described in and who executed the foregoing bond, and he acknowl- edged to me that he executed the same. ~~ ~ ~ ~ Notary Public OFFICIAL BOND HAI~IPO~D t ¢ 0 NNBC?ICUT On Behalf of In favor of Dated ..................................................................... 19 ........ Expire~ .................................................................... 19 ....... STATE OF NEW YORK, ~ COUNTY OF NEW YORK, On ........ .~...~...~..~..~....8~...~t~.~..8..~.~..~.~.~ .-~ .......................... before me personally came ............. ..~...e...C...8.p..O..~..O.~..~.?..~....~.......,~..~, in....~..~ ~ ~ ~.~...O...I.~...~.~..~. ~ .~..~-.1~ ~ ~.:...~,· to me known, who, b~ll~ duly sworn, did depose and say, that he resides that he is the Resident '{~l~sident of the HARTFORD ACCIDENT AND INDEMNITY COMPANY, the corpora- tion described in and whi~h~cuted the within instrument; that he knows the seal of said cor,~oration; that the seal affixed to said instrument is sucn corporate seal; that it was so affixed by order of the Board of Directors ~f said corpora- tion, and that he signed his name thereto by like order; and the said ......... ~.t.0.&ll0.]L~.~..~.0 .................... further said that he is acquainted with ............ ~o.l~m~'tl...~.,~q~StRg.~.d.g.~ ............................. and knows him to be the.....R..~..~.,..A..~..l[~.,..8..~.o..~Y of said company; that the signature of the said ................. ~.~aR...0.,~q.~.~.~t.~.~.g[g.~, ......................................................... subscribed to the within instrument is in the genuine handwriting of the said ................ ..~..O. ggli~....~.~..~..~.~.~..~..~.~ ......... and was subscribed thereto by him by like order of the Board of Directors and in the presence of him, the said ......... .~..~.0.~p..o...g.Q.~.O. .................................... ; and that the Superintendent of Insurance of the State of New York has, pursuant to chapter 33 of the Laws of the State of New York for the year 1909, as amended, constituting chapter 30 of Cahill's Consolidated Laws of the State of New York, as amended, issued to the HARTFORD ACCIDENT AND IN- DEMNITY COMPANY, his certificate that said company is qualified to become and be accepted as surety or guarantor on all bonds, undertakings and other obligations or guarantees, as provided in the Insurance Law of the State of New York and all laws amendatory th~ereof and supplementary thereto;/a~;h~at;~ ce~h~_~n~~ At a regu~~a~0~f~ulid~ the Board of Directors of the HART~..~RD ACCIDENT {%ND INDEMNITY COMPANY, a[~fl;L~fl,~lgrmm mras .present, held at the office of the Company, in the City of Hartford, State of Con- necticut, on thel~t~d~0aat~l~l~.~}~~. D. 1953, on motion, it was unanimously R**olved, Th~ ~.r~l~'i'i~; Vice-President, B. F. Gates, John F. Beardsley, Louis F. Mahla, G. P. Friedrich, Fred J. Kehrli, S. Capotosto, R. S. Fairchild, E. J. O'Donnell, and John N. Moorhead, Resident Vice-Presidents, be, and each of them is, hereby authorized and empowered on behalf of the Company to execute and deliver, and to attach the seal of the Company to, any and all bonds, recognizances, undertakings, guarantees, contracts of indemnity, agreements and writings obligatory in the nature thereof within the purview of any of the following corporate powers and purposes of the Company, to wit: to guarantee the fidelity of persons holding places of public or private trust; to guarantee the performance of contracts; to execute or guarantee bonds and undertakings required or permitted in any and all actions or proceedings or by law allowed; to indemnify banks, bankers, brokers, financial or moneyed associations, or financial or moneyed corporations against loss of any bills of exchange, notes, drafts, acceptances of drafts, bonds, securities, evidences of debts, deeds, mortgages, warehouse receipts, bills of lading, documents, instruments, papers, any evidence of value, currency, money, gold, platinum, silver and other precious metals, refined or unrefined and articles made there- from, jewelry, watches, necklaces, bracelets, gems, precious and semi-precious stones, and also against loss resulting from damage to the iasured's premises, furnishings, fixtures, equipment, safes and vaults therein, caused by burglary, robbery, holdup, theft or larceny, or attempt thereat, and without limitation by reason of the foregoing to become principal, surety, indemnitor, endorser, or otherwise bind itself on, or upon, any bond, recognizance, undertaking, guarantee, con- tract of indemnity, agreement and writing obligatory in the nature thereof, and on, or upon, every obligation whatsoever on, or upon, which any company or insurer authorized to transact a liability, casualty, accident, health, fidelity, indemnity or surety business in the jurisdiction involved having the same qualifications in respect to doing business as the Company, is permitted to bind itself; such bonds, recognizances, undertakings, guarantees, contracts of indemnity, agreements and writings obligatory in the nature thereof, however, to be attested in every instance by one other of said Resident Vice-Presidents or by W. E. Miller, W. J. McCarthy, Thomas E. McGulre, William A. Mueller, Joseph A. McKenna, or Norman C. Seastedt, Resident Assistant Secretaries. STATE OF NEW YORK, COUNTY OF NEW YORK,~ ss' ~....~...~....x~....a~.....~......~...~.~.~.~...d..~.~...R..?..~...~..(~..e.~...~.~.~.~.?....~.~.~.~.~.~..".~f the HARTFORD ACCIDENT AND INDEMNITY COMPANY, have compared the foregoing resolution with the original thereof, as recorded in the minute book of said company, and DO HEREBY CERTIFY that the same is a true and correct transcript therefrom, and of the whole of the said resolution, and that the same is still in full force and effect. Given under my hand and the seal of the company, at the City of New York~ on '"R&~ ~ ~i~'~' ...................... Hartford Accident and Indemnity Company Hartford, Connecticut Financial Statement, December z953 ASSETS Government Bonds ...... $143,300,828.00 State, County and Municipal Bonds 30,364,594.00 Railroad Bonds ....... 1,634,968.00 Miscellaneous Bonds ..... 100,790.00 Stocks .......... 70,799,069.00 Real Estate, Mortgages, Etc. 30,872.47 $246,231,121.47 Cash in Offices and Banks .... $25,273,108.33 Outstanding Premiums less Commis- sions (Under 90 Days) 24,513,915.63 Interest Accrued ....... 897,002.87 Sundry Assets ....... 7,134,103.60 Total Admitted Assets LIABILITIES Reserve for Claims and Claims Expense $135,382,574.20 Reserve for Unearned Premiums 77,365,582.30 Reserve for Taxes ...... 9,251,338.79 Amounts withheld for account o'f others 771,935.91 Reserve for Unauthorized Reinsurance 151,393.86 Miscellaneous Liabilities .... 900,000.00 $223,822,825.06 Voluntary Reserve .... $35,226,426.84 Capital Paid In ..... 10,000,000.00 Unassigned Funds (Surplus) 35,000,000.00 Surplus as regards Policyholders 80,226,426.84 $304,049,251.90 $304,049,251.90 Total STATE OF NEW YORK, / COUNTY OF NEW YORK,f ss. I, .N.O.l'l~Sll..O,Seaa./ied.'~.,Re.s.ld~nlL.Asa~..--'q~o=etal~-~ .................. of the HARTFORD ACCIDENT AND ~NDEMNITY ~MPANY, do hereby ce~ify that the foregoing is a correct statement of the financial condition of said Company, as of the thirty-first day of December, nineteen fifty-~ree to the best of my knowledge and belief. Sub~rib~ and sworn to before me on ..~... Februar~ .~,.!.955 .................. ~aa..[..&~.~n[tt ~ ~ ~ ~ ~.. ~ ..... 55'"2 ............ ......... ................... lerm Expires March 80, 1~50 AND ]'~ttitJ ~m~a~ PRINCIPAL: EDWARD L.DONAHUE 0BLIGEE: SOUTHOLD PARK COMMISSION, SOUTHOLD,N~W YORK BOND OF TREASURER PRED. W. LOCAL AGENT ,~UTC~O~I;E U