HomeMy WebLinkAboutA005 - Subdivision Bond dated November 21, 1977 - $44,382.52 J0®1�DIIRYC ®o.
1933 2100 GRAND AVENUE . DES MOINES, IOWA 50312
SUBDIVISION BOND Bond No. 365,894
Know a I I wren by these presents:
THAT we, Ev Cochrane & Associates, Inc. , Ames, Iowa
as Principal, and MERCHANTS MUTUAL BONDING COMPANY of Des Moines, Iowa, (hereinafter
called the Surety) are held and firmly bound unto the ['.i ty--of Amps, , Iowa,
Forty-four Thousand Three Hundred
as Obligee, in ,the penal sum of Fi ghty-two and 5�/10n------ dollars (t 44,-329.59 Y.
lawful money of the United States to the payment of which sum well and truly to be made, the Principal
herein firmly binds himself (themselves), their heirs, executors, and administrators, and the said Surety
binds itself, its successors, assigns, executors and administrators, jointly and severally, firmly by these
presents.
NOW THE CONDITION OF THIS OBLIGATION IS SUCH, THAT, whereas the above bounden
Principal is platting certain lots entitled Oakwood lst Addition
being an official plat 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 im-
provements:
sidewalks, street lights and street signs.
ALL such improvements to be completed in accordance with an agreement between the Principal
and the Obligee.
NOW, if the Principal shall in all respects fu1811 his said obligation according to the terms thereof,
and shall satisfy all claims and demands incurred for same, and shall fully indemnify and save harm-
less 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 set our hands and seals this 21 s t
day of November
Ev Cochrane & Associates, Inc.- __ '-
Principal
MERCHANTS MUTUAL BONDING'-COMPANY
2M-CP-8-69 arne , PrTsiaent
A
'+rr��r.waor.
1, the undersigned off imr of the ME,RC'Hl 11TS KTI'LIAL Ly}\mNr, COMPANY, hereby
oartify that the followi.na is a full and true cony of Secticn 5 and Section 5b
of" Article II of the By-Laws of said Cwrany:
Section 5:--11he Chairman- of the Aoard or President or any
Vice President: or Secretary or any Assistant Secret,
shall have pcs�nr and au&;ority to execute on behalf of the
Ccrpany, and attach the Seal of the Cacrpany thereto, bonds
and undertakings, recognizanoes, contracts of indemnity and
ocher writing obligatory in the nature thereof.
5b:--The signature of any authorized officer and Seal of the
Company may be affi3-nd by facsimile to any Power of Attorney
or Certification thereof authorizing the execution and
delivery of any bond, undertakincr, recognizance, or other
suretyship obligations of the Corpany,. and such signature
and seal when so used shall have the same force and effect
as though wally fixed.
1, further certify that the following are duly elected offices of the C ;
W.W. Warner, President and Chairman of the Ord.; H.D.Stiles, Vide President;
odr9ey Bliss III, Vice President; C:.W.Story, Vice President, M.M. ThcMx m,
Vice President; William W. Warner, Vice President; W.C. Brundage, Treasurer;
Family Wheeler, Secretary; S.P. McCormack, Assistant Vice'President; Clene Davis,
Assistant Secretary.
IN ZESTY WHEREOF, I have hereunto set my nand as President and affix the
Corporate Seal of the M40piTS mL7, uAL BMZTNCC C APBY, this 21 s t
day of November ' 19 77
nX�glad t
Statg of Iowa )
cVty of Polk )
Cn this 21st day of November ,19 77 ,befog ne
apt W.Af.`Warner, to ore nersonal.ly kncz►m, who-beW4 by re d0v sworn did say
that Ae is President of the wjUjXVrS M rtIAL MMING CC ANY, the c orporaticn
described in the foregoing instrunent, and that the Seal affixed to the said
instrumant is the Corporate Seal, of the said Corporation and that the said instrtnent
was sigMd and sealed in behalf of saidd -Comoraticn by authority of its Board of
Directors,
IN TWMMONY «RBOF, I have hereunto set ny hand and affixed ny official
seal st ;the City of ties Moines, Iowa, the' day and year first above written.
Pubs, Polk County.* Iowa
2901MY UAL 1�
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