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