HomeMy WebLinkAboutA006 - Subdivision Bond dated July 26, 1977 a
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State Surety Company
Des Moines, Iowa
Bond No. 207278
SUBDIVISION BOND
KNOW ALL MEN BY. THESE PRESENTS That F. Schill & Sons, Inc.
of Ames,Iowa (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 Thirteen Thousand Three Hundred & no/100----
DOLLARS ($ 13,300. 00--- ), 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 4th Addition
all lying within the City of Ames
County of Story State of Iowa.
WHEREAS: The above bounden Principal has agreed with the Obligee to install the
following improvements; - Sidewalks.
Street Lighting $2, 800 and Street Signing $100. 00 in
Country Gables 4th Addition
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
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 s t:ou`r hands-arid seal this T2 6� —day -
of July lg 77
F. Schill & Sons, Inc.
Principal
�. By
STATE C ANY
By
- M.J. L , ice P asident
` thority Attached
v
� t
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 1he Company in the City of Des Moines, on this_6 day of J 19. 7'
2645 (Rev. 1/71) s s i s to n t secretary
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