HomeMy WebLinkAboutA006 - Subdivision Bond dated May 24, 1977 State Surety Company
Des Moines, Iowa
20-5703
Bond No.
SUBDIVISION BOND -
KNOW ALL MEN BY THESE PRESENTS: That F. Schill & Sons, Inc.
of AmP. Town (hereinafter called the Principal), as Principal, and
STATE SURETY COMPANY of Des Moines, Iowa, (hereinafter called the Surety), as
Surety, are held and firmly bound unto the City of Ames, Iowa
as Obligee, in the penal sum of Four Thousand Eight Hundred & no/100----
DOLLARS ($ 4, 8 0 0. 0 0---- ) lawful money of the
United States to the payment of .which sum well and truly to be made, we bind our-
selves, our heirs, executors, administrators, successors, or assigns, jointly and
severally, by these presents.
THE CONDITION OF THIS OBLIGATION IS SUCH THAT: Whereas the above bounden Principal
is platting certain lots entitled Country Gables 3rd Subdivision
all lying within the City o f Ames
County of Story , State of Iowa.
WHEREAS: The above bounden Principagsgreed with the Obligee to install the
a' �—q-_7e1
following improvements; �'r`�° ' Street Lights - $1,200 and
Street S.4ns - $100 for a total of $4, 800 in the Country Gables 3rd
u -
in the City of Ames, Iowa .. , all in accordance with the
agreement between the Principal and the Obligee.
NOW, if the Principal shall in all respects fulfill his said obligation within
years according to the terms of his agreement and shall satisfy all claims
and demands incurred for same and shall fully indemnify and save harmless the
Obligee from all costs and damages which it may suffer by reason of failure to do
so and shall fully reimburse and repay the Obligee all outlays and expenses which
:n
it may incur in making good any such default, then this obligation is to be void
and of no effect; otherwise to remain in full force and effect.
IN WITNESS WHEREOF, we -have hereunto set our hands and seal this 24 day
— of May '- 19,_7 .
F. Schill & Sons , Inc.
Princi 1
B � �
-= STATE 7.CO
By
' - M.. n , Vic President
Auth rity At ched
- -- - -! CERTIFICATE OF AUTHORITY-`'
I hereby certify that the following is a true and correct copy of Paragraph 1, Section 1, Article H of
the By-Laws of the State Surety Company duly adopted and recorded, to-wit: "The Chairman of the
Board, the President, any Vice-President or any Assistant Vice-President, the Secretary or any Assist-
ant Secretary or the Treasurer shall have authority to issue bonds, policies or undertakings in the name
of the Company."
I further certify that M_ T_ Tong is Vice President of
State Surety Company.
- Assistant
IN TESTIMONY-WHEREOF, I have hereunto subscribed my name as/Secretary and Affixed the cor-
porate�seal of the Company in the City of Des Moines, on t 24 da o Ma 19 1 7
2645 (Rev. 1/71) Assistant Secretary