Park Meadow-CS 860613British American Insurance Company
2949 STEMMONS / DALLAS, TEXAS USA 75221 / (214-630-5100)
P-7597
MAINTENANCE BOND
BA-2301
Know all Men by these Presents,
Thatwe, Austin Paving Company
as Principal (hereinafter called the Principal) and the BRITISH AMERICAN INSURANCE COMPANY, Dallas,
Texas as Surety, (hereinafter called the Surety), are held and firmly bound unto
City of Coppell
(hereinafter called the Obligee)
inthepenalsumof thirty-two thousand seven hundred forty-six dollars and
twenty-five cents
($ 32,746.25 )
Dollars, for the payment of which, well and truly to be made, we bind ourselves, our heirs, administrators, execu-
tors, successors, and assigns, jointly and severally, firmly by these presents:
THE CONDITION OF THIS OBLIGATION is such that whereas the Principal entered into a certain contract with
Wiseco Land Development, Inc.
Dated the l lth day of February, 1986 , for
Paving Park Meadow, Section II
Whereas, under the terms of the specifications of said work the said Principal is required to give a bond in the
amount of thirty-two thousand seven hundred forty-six dollars and twenty-
five e ts
!$ 32- 746 25 )cirCUlars, to guarantee the replacement and repair of defective materials or faulty workmanship
murmsSed or'~nstalled by the said Principal for a period of one year from and after the
date of completion and acceptance of same.
Now, Therefore, if the said Principal shall for a period of one year from and after the date of
completion and acceptance of the said work by the said Obligee replace and repair any and all defective or faulty
workmanship in said work, then the above obligation shall be void; otherwise to remain in full force and effect.
Signed and sealed this
thirtieth day of June 1986
AUSTIN PAVING COMPANY
Principal
Weldon L. Crank, Vice President
BRITISH~MERICAN INSURANCE COMPANY
MS-179 (Rev. 2-80)
BRITISH AMERICAN INSURANCE COMPANY
CORPORATE HEADQUARTERS, DALLAS, TEXAS
( POWER OF ATTORNEY ) NO. A-5
KNOW ALL MEN BY THESE PRESENTS:
That BRITI8H AMERICAN INSURANCE COMPANY, a corporation duly organized and existing under the laws of
the State of Texas, does hereby make, constitute and appoint Patrick L. Caldweil, Jo Lewis, George Hulsey, John P.
Olsson, and George E. Dawkins of Dallas, Texas, its true and lawful Attorney(s)-in-Fact with full power and authority to
execute, acknowledge and deliver on its behalf any and all Surety Bonds, consents of surety, consents to modifications of surety
contracts as may be required in ordinary course of business, on behalf of Austin Industries, Inc., Austin Bridge Co., Austin Road Co.,
Austin Paving Co., Rhino Products, Inc., Coastal Construction Co., Austin Power, Inc., Austin Commercial, Inc., Coastal Industrial
Constructors, Inc., Austin Construction Equipment, British American Insurance Co., Contractors & Manufacturers General Agency,
National Valve and Manufacturing Company (NAVCO), Austin-TMI, Inc., Austin Building Company, Summit Land. &
Development, Inc., Austin Industrial, Inc.,-and any Company subsequently acquired or formed by Austin Industries, Inc. as a
subsidiary in which Austin Industries, Inc., owns at least 50 percent of the voting stock and in which operating control is vested in
Austin Industries, Inc. and to bind BRITISH AMERICAN INSURANCE COMPANY thereby as fully and to the same extent as if
such bonds were signed by the President of BRITI$N AMERICAN INSURANCE COMPANY, as Surety, and duly attested by its
Secretary. and all the acts of said Attorney(s)-in-Fact, pursuant to the authority herein given, are hereby ratified and confirmed.
The appointment is made under the authority of the following resolution, adopted by the Executive Committee of the Board of
Directors of BRITISH AMERICAN INSURANCE COMPANY at a meeting held on the 25th of March 1980.
"RESOLVED, that the President shall be and is hereby vested with full power and authority to appoint any one or more suitable
persons as Attorney(s)-in-Fact .to represent and act for and on behalf of the Company subject to the following provisions:
1. Attorney-in-Fact may be given full power and authority as outlined in the Power of Attorney for and in the name of and on
behalf of the Company to execute, acknowledge and deliver fidelity and surety bonds and other bonds, consents of surety,
consents to modifications of surety contracts as may be required in the ordinary course of business, all notices and documents
cancelling or terminating the Company's liability thereunder, and any such instruments so executed by any such Attorney-in-
Fact shall be as binding upon the Company as if signed by the President and sealed and attested by the Corporate Secretary.
2. The facsimile signatures of the officers and the seal of the Company shall be valid and binding upon the Company in the
execution, attestation and sealing of any instrument appointing an Attorney-in-Fact."
In Witness Whereof, British American Inaurance Company has caused these presents to be signed by its President and
it corporate seal to be hereto affixed this 1st day of March. 1986.
BRITISH AMERICAN INSURANCE COMPANY
By
State of Texas Attest
County of Dallas
On this I st day of March. 1986, before me personally came George E. Dawkins to me known, who, being by me duly sworn,
did depose and say. that he resides in Dallas, Texas: that he is Secretary of British American Ilt~urance Company, the Company
described in and which executed the above instrument; that he knows the seal of said Company: that the seal affixed to said instrument
is such corporate seal: that it was so affixed by order of the Executive Committee of the Board of Directors of said Company.
Notary Public
~. CERTIFICATE )
K. B. Kennedy Assistant Secretary of BRITISH AMERICAN
INSURANCE COMPANY, do hereby certify that the above and foregoing is a true and corre~;t,copy of a Power of Attorney executed
by said Company. which is still in force and effect: ancL furthermore, the resolution of th/6 E~ecutive Committee of the Board of
Di rec t~;~ ~t afn°~ ~ ~ti ~ ea tP~)~/a°s f TAet~°a ~.n~ s~ ~e ~ f ~ 19 ~
-~ '~ ,~ssistant Secretary
MS-181 (2-86)