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OTHER-2022-063-Travelers-Public Official Bond for Definite term
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OTHER-2022-063-Travelers-Public Official Bond for Definite term
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12/6/2022 3:05:34 PM
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BOCC
Date
12/5/2022
Meeting Type
Business
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Others
Agenda Item
8-f
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Agenda for December 5, 2022 BOCC Meeting
(Attachment)
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\Board of County Commissioners\BOCC Agendas\2020's\2022\Agenda - 12-05-2022 Business Meeting
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AMOK <br /> AM am Travelers Casualty and Surety Company of America <br /> THAVELEHSJ Hartford , CT 06183 <br /> PUBLIC OFFICIAL BONDmBOND NO . 106206426 <br /> FOR DEFINITE TERM <br /> KNOW ALL MEN BY THESE PRESENTS , That we CHARLES S BLACKWOOD <br /> of 100 PINEWOOD DRIVE, CHAPEL HILL, NC 27517 as Principal , and <br /> Travelers Casualty and Surety Company of America , a corporation of CT , as Surety are held <br /> and firmly bound unto Orange County North Carolina in the <br /> penal sum of Twenty Five Thousand ( $25,000 . 00 ) Dollars , lawful money <br /> 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 <br /> successors and assigns , jointly and severally , firmly by these presents . <br /> SEALED and dated this 26 day of October 2022 <br /> WHEREAS , the said principal has been FX1 elected or ❑ appointed to the office of: <br /> Sheriff for a definite term beginning December 01 , 2022 <br /> and ending December 01 , 2026 and is required to furnish a bond for the faithful performance of <br /> the duties of the said office or position . <br /> NOW, THEREFORE THE CONDITION OF THIS OBLIGATION is such that if the above bounden <br /> Principal shall (except as hereinafter provided ) faithfully perform the duties of his/her said office or <br /> position during the said term , and shall pay over to the persons authorized by law to receive the same <br /> all moneys that may come into his/ her hands during the said term without fraud or delay , and at the <br /> expiration of said term , or in case of his/her resignation or removal from office , shall turn over to <br /> his/her successor all records and property which have come into his/her hands , then this obligation to <br /> be null and void ; otherwise to remain in full force and effect . <br /> PROVIDED , HOWEVER , that the above named Surety shall not be liable hereunder for any loss of <br /> any public fund resulting from the insolvency of any bank or banks in which said funds are deposited ; <br /> and , if this provision shall be held 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 <br /> giving to the obligee a written notice of its desire so to cancel and at the expiration of thirty ( 30 ) days <br /> from the receipt of such notice by the obligee the surety shall be completely released as to all liability <br /> thereafter accruing . If this provision shall be held void , this entire bond shall be void . <br /> I ESS : CHARL BLACKWO <br /> ( Seal ) <br /> ( Principal ) <br /> w 'N Travelers Casualty and Surety Company of America <br /> OFA <br /> 1 u v9 <br /> „ Russell E . Vance Attorney- In - Fact <br /> S -2232 - 1 (4/ 17 ) <br /> Producer Name <br /> ( Required in Arizona Only) <br />
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