Agenda - 12-03-2007-4e - Laserfiche WebLink

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__.,... S.. • J Travelers Casualty and Surety Company of America ~`~ VVV// PUBI'~C oFF~C~Q~'" Bd~D One Tower Square 3PB, Hartford, CT 06183 (Definite Tenn) ~ '~ Bond No. 25044872 KNOW ALL MEN BY THESE PRESENTS, That we Albert L. Pendergrass Of 400 Severin Street, Chapel iii.ll, North Carolina aS Principal. ana Travelers Casually and Surety Company of America, a corporation duty incorporated under the laws of the State of Connecticut, as Surety, are held and firm bound unto orange County, Hillsborough, North Carolina , as Obligee, in the penal sum of Twenty. ~ive thousan (S 25,000.00 ) Dollars, lawful money of the United States. of America, for the payment of which well and truly to be made, said Principal binds himselflherself, his/her heirs, executors, administrators and assigns, and said Surety binds itself, its successors and assigns, jointly and severalty, firmly by these presents. WHEREAS, the said Principal has been elected tti the office of Sheriff for a definite term beginning DecemberT"-x'006 • ,and ending t~ec,err-ber ~, zD.2o ,and is required to famish a bond for the faithful performance of the duties of the said office or position. NOW, THEREFORE THE CONDITION OF THIS OBLIGATION is such that if the above bounden Principal shall (except as 'hereinafter provided) faithfully perform the duties of hisrmer said office ar position during the said term, and shall pay over to the persons authorized by taw to receive the same all moneys that may came into his/her hands during the said term without fraud or delay, and at the expiration of said Perm, ar in case of his/her resignation or removal from office. shall tam over to his/her successor alt records and property which have come into his/her hands. then this obligation to be nail and void; otherwise to remain in full force and effect. PROVIDED, HOWEVER, that the above named Surety shall not be liable hereunder for any foss of any public fund resulting from the insolvency of any bank ar banks in which said funds ace deposited; and, if this provision shall be held void, this entire bond shall be void. AND PROVIDED FURTHER, that the Surety may cancel bond at any time during the said term by giving to the obligee a written notice of its desire so to cancel and at the expiration of thirty (30) days from the receipt of such notice by the obligee the surety shall be completely released as to al! liability thereafter accruing. if this provision shall be held void. this entire bond shall be void. SEALED and dated this 29th day of November, 2006 • ~' By. Principal Witness Travelers Casual and Surety Company of America By. Attorney-in-Fact 5-2232 toss)