HomeMy WebLinkAboutA007 - Subdivision Bond No. 202960 dated December 21, 1976 State Surety Company
Des Moines, Iowa
Bond No. 202960
SUBDIVISION BOND
KNOW ALL MEN BY THESE PRESENTS: ThatH.L. Munn Lumber Company (A Corporation)
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
as Obligee, in the penal sum of Six Thousand Seven Hundred & No/100------
- - - ------------- 6 700. 00------
DOLLARS ($ ► ), 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 Sunset Rock, First 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-;-Concrete-sidewa-l-k-;--str--eet lights-a-nd--�t_r-eet--signs in accordance with City of Ames specifications, all within Sunset Rock,
First 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
Two (2) 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 set our hands and seal this 21-'S.t" day°
N11
of December 19 76
H.L. Munn Lumber Company-- (A_✓Corporation)
Principal 1 L'
L� L . 1
STATE 0 ANY
DCC 2 :' 1976
�/��, By
M.J. Vi President.-
Author i y At ched
City Clerk-, Ann--s, Icv,,7a
CERTMCATE 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. J., Long is Vice President of
State Surety Company.
IN TESTIMONY WHEREOF, I have hereunto subscribed my name as/ Assistant
Secretary and affixed the cor-
porate seal of the Company in the City of Des Moines, on this 21st day of December 1976
2646 (Rev. 1/71) Assistant Secretary
I