Agenda - 12-01-1986 - Laserfiche WebLink

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. `15�t '1 PUBLIC OFFICIAL BOND —' ls FOR INDEFINITE TERM LIFE F. Fiorltord, Connecticut 06115 CASUSeLTY TES IS TO CERT/py TEAT IBIS IS' A TRUE AND ACT COPY OF TIE 0; BOND NO. 25 S 3845th' BY: V, Nancy N. 0 .-_:;•lix, Resident Secretary KNOW ALL MEN BY THESE PRESENTS, That we ..t{ ! a•+ fie+r .0.4A-/(;•''''':''.1;' of HILLSBOROUGH, NORTH CAROLINA , as Prin •ipal. and THE &TNA CASUALTY AND SURETY COMPANY, a corporation of Hartford,Connecticut. as Surety,are 1101 and firmly bound unto ORANGE COUNTY BOARD OF COMMISSIONERS in the penal sum of THIRTY THOUSAND AND 00/100 lawful money of the United Slates of America, for the payment of which, well and truly Inbe made. said Principal oll himself/herself, his''her heirs, executors, administrators and assigns, and said Surety hinds itself, its snecessol.. and assigns, jointly and severally, firmly by these presents, the liability of the Surety, however, being limited to the penal amount above named regardless of the numher of years this bond remaina in force or the number of premiums raid. SEALED and dated this 1ST day of JULY . 19 78 . WHEREAS. the said Principal has been AppOINTED to the office of TAX COIJ.ECTOR for an .>; .::.r. . JULY 1� 1978 r , .• :_•, .�- and is required to furnish a bond for the fail` u i. rmance of the duties of the said office or position. NOW, THEREFORE•THE CONDITION OF THIS OBLIGATION is such that if the al>,tve bounden Principal shall (except as hereinafter provided) faithfully perform the duties of his, her said office or position during the [init.' this bond remains in force. and shall pay over to the persons authorised by law to receive the same .111 moneys that may come into his 'her hand, during the said rime without fraud or delay,and at the expiration of said time, shall turn over to his.'her successor all records and property- which have theretofore come into his her hands, then this obligation to be null and void; other- wise to remain in full force and effect. PROVIDED, HOWEVER. that the :above named Surety shall not he liable hereunder for any loss of any public funds re- sulting from the insolvency,of any bank or hanks in which said funds are deposited: and, if this provision shall he held void, this entire bond shall be void. • AND PROVIDED FURTHER, that any party to this instrument may cancel the same at any lime, with or without cause, by notifying. both of the others by certified mail of an intention thereby to cancel, in which .rent such cancellation shall be fully effective at the expiration of thirty (3O1 days froth the maltin of such native. notice, and if there should be no cancellation by agreement between all of the parti. hereto. thetbondlshaalleretn:nnta on_a Iinue.:sly in full force and effect, in the penal amount :'bi't'e named, as long as the I',incipal holds the said office or position. 1a;1"p1fSS: JOHN THOMAS HORN BY: Principal "L' ` THE /ETNA CASUALTY AND SURETY CON1PA11' OP 2.0.....,, ....., ? By , IS �H. MOMS DAkfN ; " Altornrt an I .act