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Agenda - 12-06-2004-5c
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Agenda - 12-06-2004-5c
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Last modified
9/1/2008 10:31:57 PM
Creation date
8/29/2008 10:26:30 AM
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BOCC
Date
12/6/2004
Document Type
Agenda
Agenda Item
5c
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Minutes - 20041206
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\Board of County Commissioners\Minutes - Approved\2000's\2004
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G~~K' i77 <br />PUBLIC OFFICIAL BOND - <br />FOR DEFINITE TERM <br />TRAVELERS CASUALTY & SURETY COMPANY OF AMERICA <br />Hartford, Connecticut 06183 - <br />BOND NO. 25D44872 <br />KNOW ALL MEN BY THESE PRESENTS, That we <br />ALBERT L, PENDERGRASS <br />~! <br />of 400 SEVERIN STREET, CHAPEL HILL, NORTH CAROLINA, as Principal, <br />and TRAVELERS CASUALTY & SURETY COMPANY OF AMERICA, a corporation of Hartford, Connecticut, as <br />Surety are held <br />and firmly bound unto ORANGE COUNTY, HILLSBOROUGH, NORTH CAROLINA <br />in the penal sum of TWENTY FIVE THOUSAND AND 00/iDO--( S25,000,00)--pollars, <br />lawful money of the United States of America, for the payment of which well and truly to be made, said principal binds <br />himself/herself, his/her heirs, executors, administrators and assigns, and said Surety binds itself, its successors and <br />assigns, jointly and severally, firmly by these presents <br />SEALED and dated this 21~r day of NOVEMBER, 2002. <br />WHEREAS, the said principal has been APPOINTED to the office of SHERIFF <br />for a definite term beginning DECEMBER 1, 2002 and ending DECEMBER 1, 2006 and is required <br />to furnish a bond for the faithful performance of the duties of the said office or position <br />NOW, THEREFORE THE CONDITION OF THIS OBLIGATION is such that if the above bounden Principal shall (except <br />as hereinafter provided) faithfully perform the duties of his/her said office or position during the said term, and <br />shall pay over to the persons authorized by law to receive the same all moneys that may come into hisiher hands during <br />the said term without fraud or delay, and at the expiration of said term, or in case oh his/her resignation or removal from <br />office, shall turn over to hisiher successor all records and property which have come into his/her hands, then this <br />obligation to be null and void; otherwise to remain in full force and effect <br />P~ZOVIDED, HOWEVER, that the above named Surety shall not be liable hereunder for any loss of any public fund <br />resulting from the insolvency of any bank or banks in which said funds are deposited; and, if this provision shall be held <br />void. this entire bond shall be void, <br />AND PROVIDED FURTHER, that the Surety may cancel bond at any time during the said term by giving to the <br />obligee a written notice of its desire so to cancel and at the expiration of thirty (30) days from the receipt of such notice <br />by the obligee the surety shall be completely released as to all liability thereafter accn,ing If this provision shall be held <br />voi ,this entire bond shall be void <br />WI ESS: <br />\. <br />~'~" ~ (SEAL) <br />'. A bent L Pender ass (Principal) <br />By <br />Pamela A Flemming, Attorne' n-far.! <br />i `f` <br />;~j ~ ' <br />i .. <br />5-719-M(1-76) '~~r rt i,ti,r- ' i:(i;<<=i''i. 1•c ~`~',tr,.r <br />TRAVELERS CASUALTY & SURETY COMPANY OF AMERICA <br />
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