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HomeMy WebLinkAbout630128.tiffBOND NO Maryland Ca alty Company BAUD ORE v LABOR 'AND MATERNAL PAYMENT BOND Walt WORK) KNOW ALL MEN BY THESE PRESENTS: That Metal Products Division Armco Steel Corporation, Denver,.._Colorado as Principal, hereinafter called Principal, and Maryland Casualty Company of the State of Maryland, City of as Balti- more, Surety, hereinafter called Surety, are held and firmly bound unto County._Count__ ozum s sion,Qr� ___ Balti- more, y- ofWeldt_Colorado as Obligee, hereinafter called Obligee, for the use and benefit of those supplying labor and material, in the amount of Four Thousand Ei t Hundred_ Twenty Nine and Wt. /100 Dollars, ($.La.8290411__) for the payment whereof Principal and Surety bind themselves, their heirs, executors, administrators, successors, and assigns, jointly and severally, firmly by thesets• Whereas Principal has entered' ria April 19.63.. with Obligee for_. XIDP Pieces at $31.61}_'` Fee) at $1.14.0 per Line which contract is by refe2ce made a part hereof, it being understood and agreed that this bond is given in compli- ance with and pursuant Wall sttes, ordinances, or other regulations requiring the furnishing of a surety bond. NOW, THEREFORE, CONDITION OF THIS STATUTORYOBLIGATION is such that if the Principal shall promptly Melte ent to all claimants for all labor and material used in the performance of the contract, such claimants being ed as those who have contracts directly with the Principal or a subcontractor thereof for supplying laber.or material used in the performance of the contract, then this obligation shall be void; otherwise it shall teinain in full force and effect, subject, however, to the following conditions: (1) In the event the statute, ordinance, or regulation requiring this bond does not,specif�* :the time within which suit may be filed on this bond, then, and in that event, no action may be brought hereunder after the expiration of one year following the date on which Principal ceased work on the eointract. < In the event this limitation is void by reason of any statute to the contrary, then the one year referred to shall be extended to conform to the minimum time allowed under such statute for the institution of suit. 614 • sheet ;at.eeL pil i ng Lap Ft. Length&) 9Ea P e °i,,03*�.�iq and. ...l ureail (1,280 Lineal Foot..;;($1,7 2.00) m (2) In the event the statute, ordinance, or regulation'.requiring this bond fails to designate where suit may be brought hereon, it is agreed, thatMilt may be instituted only in a -State Court of competent jurisdiction in and for the County or other 'political, subdivision iion of the State in which' the project is situated, or in the District Court of the United States for the District in which the project is situat d, and not elsewhere. Signed and sealed this 19tal IN THE PRESENCE OF: Cont. 12019. Ed. 7.55. M..t. 4..M day of April METAL PRODUCTS DIVISION ARMCO !"pRP P TI BY: �� MARYLAND CASUALTY CO (Surety) (Attorney -in 19. 630128 My commission expires May CERTIFIED COPY Know all Men by these Presents: That MARYLAND CASUALTY COMPANY, a corpora- tion created by and existing under the laws of the State of Maryland, of Baltimore City, Maryland, in pursuance of the authority set forth. in Section 13 of Article V of its By-laws, from which the following is a true extract, and which Section has not been amended nor rescinded: "The Chairman of the Board or the President or any Vice -President may, by written instrument under the attested corporate seal, appoint attorneys -in -fact with authority to execute bonds, policies, recognizances, stipulations, undertakings, or other like instruments on behalf of the Corporation, and may authorize any officer or any such attorney -in -fact to affix the corporate seal thereto; and may with or without cause modify or revoke any such appointment or authority," does hereby nominate, constitute and appoint CLAUDE W. WALKER of DENVER State of QOLOR4D.Q its Attorney s -in -Fact to make, execute, seal, and deliver on its behalf as Surety, and as its act and deed, any and all bonds, recogni- zances, stipulations, undertakings, and other like instruments. Such bonds, recognizances, stipulations, undertakings, or other like instruments shall be binding upon said Company as fully and to all intents and purposes as if such instruments had been duly executed and acknowl- edged and delivered by the authorized officers of the Company when duly executed by the aforesaid attorney in fact. In Witness Whereof, MARYLAND CASUALTY COMPANY has caused these presents to be executed in its name and on its behalf and its Corporate Seal to be hereunto affixed and attested by its officers thereunto duly authorized, this 12th day of Marc , 19 63, at Baltimore City, Maryland. ATTEST: (CORPORATE SEAL) MARYLAND CASUALTY COMPANY (Signed) Rose E. Lutz By (Signed) Albert H. Walker Assistant Secretary. Vice -President. STATE OF MARYLAND BALTIMORE CITY On this 12th day of March , A. D., 19 63, before the subscriber, a Notary Public of the State of Maryland, in and for Baltimore City, duly commissioned and qualified, came Albert H. Walker Vice -President, and Rose E. Lutz Assistant Secretary, of MARYLAND CASUALTY COMPANY, to me personally known, and known to be the officers described in, and who executed the preceding instrument; and they each acknowledged the execution of the same; and, being by me duly sworn, they severally and each for himself deposed and said that they respectively hold the offices in said Corporation as indicated, that the Seal affixed to the preceding instrument is the Corporate Seal of said Corporation, and that the said Corporate Seal, and their signatures as such officers, were duly affixed and subscribed to the said instrument pursuant to all due corporate authorization. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Official Seal, at Baltimore City, the day and year first above written. (NOTARIAL SEAL) (Signed) 6, 1963 CERTIFICATE Clagett R. Reimer Notary Public. I, an Assistant Secretary of the Maryland Casualty Company, do hereby certify that I have compared the aforesaid copy of the Power of Attorney with the original now on file among the records of the Home Office of the Company and in my custody, and that the same is a full, true and correct copy, and that the Power of Attorney has not been revoked, amended or abridged, and is now in full force and effect. Given under my hand as Assistant Secretary, and the Seal of the Company, at 19th day of April A. D., 19 63 / 16007. Rev. 4.61. ..ena ore City, Md., this Assistant Secr Hello