HomeMy WebLinkAboutA006 - Subdivision Bond dated November 21, 1977 - $236,349.60 i-e-ors
s +
ud. BONDOG CO.
1f33 2100 GRAND AVENUE . DES MOINES, IOWA 50312
SUBDIVISION BOND Bond No. 365;895
Know a I I men by these presents:
THAT we, Ev Cochrane & Associates, Inc. , Ames, Iowa
as Principal, and MERCHANTS MUTUAL BONDING COMPANY of Des Moines, Iowa, (hereinafter
called the Surety) are held and firmly bound unto the City of Ames. , Iowa,
Two-Hundred Thirty-six Thousand Three Hundred
as Obligee, in the penal sum of Eo1Cty-nine and 60/100----- dollars ($ 236,349.-60 ),
lawful money of the United States to the payment of which sum well and truly to be made, the Principal
heiein 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 ist Addition
being an official plat lying within the City of Ames,
County of Stor-Y ,State of Iowa.
WHEREAS, the above bounden Principal has agreed with the Obligee to install the following im-
provements:
Streets
ALL such improvements to be completed in accordance with an agreement between the Principal_
and the Obligee. -
NO* if the Principal shall in all respects fulfill 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 Ig 77
Ev Cochrane & Associates, ,Inc
$incipal =? ,
MERCHANTS MUTUAL BONDING COMPANY =
2M-CP-8-69 W. W. WaTner, Presraent
I
CERT IFIC-ATION
I, the undersigned officer of tiro I RC :TS KMIAL MNDING C0141ANY, hereby.
certify that the followi.na is a fall and txve cony of Sec'tian 5 and Section 5b
;-if Article II of the By-Laws of said Conran:
Section 5:---Ilie Uiairrmn of the Board or President or any
Vice President or Secretary or any Assistant Secretary,
shall have power and authority to execute cn behalf cf the
Company, and attach the Seal of the Company thereto, bonds
and undertakings, recognizanees, contracts of indennity and
other writing obligatory in the nature thereof.
5b:- The signature of any authorized officer and Seal of the
Cag3any may be affixed by facsimile to any Power of Attorney
or Certification thereof authorizing the execution and
delivery of any bond, undertakinox, recognizance, or other
suretyship obligations of the Company,. and such signature
and seal when so used shall have the same forge and effect
as though manually fired.
10 further certify that the following are duly elected officers of the Cam►:
W.W. Warner, President and Chairman of the Board; H.D.Stiles, Vice President;
Rcx'lney Bliss III, Vice President; C.W.Story, Vice President; M.M. Thomson►
Vice President; William W. Warner, Vice: President; W.G. Brundage, Treasurer;
EYd1y %heeler, Secretary; S.P. McCormack o Assistant Vice'President; C+ene.Davis,
Assistant Secretary.
IN TESTIMMy WHMWF, I have hereunto set my hand as President aid affix the
Corporate Seal of the Mom,'ONTS ML)TUAL Bm1NG cmv; ri, this 21 s t
day of November , 19 77
Stat3s of Iowa )
)ss
Co4pty of Polk )
On this 21st day of November ,19 77 ,before me
apmued W.W.WMARriPr, of tre verso nallykn&n mho beln-4 rme du�_v`sworn did say .
that he is President of the Mi"RCHANTS MUTUAL MNDINC rpMPANy, the aoxporatirn
described in the foregoing instrument, and that the Seal affixed to the said
instrxent is the CozPcsrate Seal of the said Corporaticn and that the said instrument
was smog and sealed in behalf of said 'Comoration by authority of its Board of
Directors,
Ili Tk'STIMONY JgJEFWF, I have hereunto set my hand and affixed my official
Geal st Ae City of Des Moines, Iowa, the day and year first above written.
D7()T'?+EtY SEAL Notary Public, Polk County# Io:Wa
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