Stonemeade-CS 930618The Ohio Casualty Insurance Company
136 N. Third Street, Hamilton, Ohio 45025
Maintenance Bond
g,,ow AH Men By These Presents, That we,
C.W. Young Construction Company, Inc.
as Principal, and THE OHIO CASUALTY INSURANCE COMPANY, a corporation organized
under the laws of the State of Ohio, with principal offices at Hamilton, Ohio, as Surety, are held
and firmly bound unto
City of Coppell
(hereinafter called the Obligee), in the penal sum of .............................................................
...... !i3i~y...t. bo~o¢!., t,h ~..huod~d.. f~i!~ y..~n~., and.. 68/lOP.'. ~ ...................... ($ .. }0., }}1., 6.~ ........ )
Dollars, for the payment of which, well and truly to be made, we do hereby bind ourselves, our
heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.
DATED this ............1.8.tb. ........ day of ............ 3une ...................... 19..93...
WHEREAS, the said Principal has heretofore entered into a contract with the Obligee
above named for
Stonemeade Estates
and,
WHEREAS, the work called for under said contract has now been completed and accepted
by said Obligee;
NOW, THEILEFORE, TIlE CONDITION OF THIS OBLIGATION IS SUCH, That if
as per accepted by the city
said Principal shall, for a period of .......... ~ ............. years from and after the ........................... day of
................................ 19 ........ , indemnify the Obligee against any loss or damage directly arising by
reason of any defect in the material or workmanship which may be discovered within the period
aforesaid, then this obligation shall be void; otherwise to be and remain in full torce and
virtue in law.
PROVIDED, HOWEVER, that in the event of any default on the part of said Principal,
written statement of the particular facts showing such default and the date thereof shall be delivered
to the Surety by registered mail, at its Home Office in the City of Hamilton, Ohio, promptly and
in any event within ten (10) days after the Obligee or his representative shall learn of such default;
and that no claim, suit, or action by reason of any default of the Principal shall be brought here-
under after the expiration of thirty days from the end of the maintenance period as herein set ~orth.
Form 5-177
Construction Company, inc.
.~A~UA,~ INSURANCE COMPANY
~.r~ COPY OF POWER OF
~ O~o CASUALTY INSURANCE COMPANY
HO~ O~lC~, HAMILTON, 01'~0
No. 26-061
of authority granted by Article ¥I, Section 7 of the By-Laws of said Company, does hereby nominate, consiitute and appoint:
,Jerry Jordan or Ruthie Smith or Traci Davis ...... ·
~$ t~e ~an~d !a~'ul a~ent ~nd attorne -in-fact t ---~- , . of Arllngt0n, Texas ......
y all BONDS, L~qDERTAILrNGS, and RECO . .and on. ns behalf as ~ure~ and
GNIZANCES, not exceeding m any single instance y, as
0 E MI LION ......................... ($ 1,000,000.00 - ) Doll~,
~ u atomy, to an intents and ........... ~ presents, man be as binding upon said Company,
e,e. o ce. rte Comfy .t i. omce h;o ac l. ed by the
The authority granted hereunder supersedes any previous authority heretofore granted the above named attorney(s}-in-fa~t.
O ~ In ~S WHF~REOF, the undersio.ed officer or -~ '- ~ ~- ~ ,
m.s.ur~_ce '-.ompany has hereunto suir~'ibed i~ --- . *~..me, ,sma lne uhio ,..asualty
sma The Ohio Casualt.. I ......... ?une ano armtco me Cor0orate Seal n,
~ ,,~.,.nmee '-~ompany tins 8th day of ...... ·
November ~9 89.
S~^TE O~ ovao, ] ss. ' .................. ~"
COUN'I3' OF BLrrLER
On this 0th day of
h,e su~bsc~.'.ber, a Notary Public of the State of Ohio ' - .... November A.D. 19 89 before
onn m. Vail, Assistant Seem--- of THE ..... v_.m_ ~na tot me County of Buder, duly eommissi ·
individual and om~-- a..--~?s · urll~ '-~A~UALTY INSURANCE Cnt~msx~ ' oned ;md qualified, came
of the sam~. ~--y-,. ~,nuea m, and who executed the n,~.~l; . ..-,,,~ ..nas x, to me personally known to be the
that ,i_T_Ti" ~anu,~mg. Ily me duly sworn detm~rh and --:rd-'Z-~-n-g ,mst. rum, ent, and he acknowledged the executln,
si a the preceding instrument ts the Co rat . me officer of the Compan aforesaid
gn ture as officer were dui . fpo e Seal of said Corn an . Y , and
· y affixed and su . . p y, and the md Co rate ·
Corporataon. bscribed to the smd instrument b~, ,I......t. -_ , ..fpo. Seal and his
z -.~ ~monty ana mrecuon of the said
~hi,s. power of attorney is grated under and by authori of Article VI, Section
:ts directors on April 2, 1954, extracts from which read: ty 7 of the By-Laws of the Company, adopted by
.~?c~$ection 7. Appointment of Attorney-in-Fact, etc"A~TIC~tE_-VI'' ~ .
or any assistant secret . · cuau-man ot tile boar the ' . ·
for th...,~-- · - , . ary shall be and :s here~ v*~ -.:.t ~ ,, d,. president, an VlCe-
insuran~ -- t · . · ---, recogmzances, stipulations un ' . .... -,-, me corporate seal, acknowl
- ,~ ~u oe g~?. in favor of any individual g~ ~-L__de~takings o,r other instruments of hi .. edge
uy state, or any oiiicial board *- I~.-'.~. · ........ ~poranon, or tile official re ........ :....~mlret~ p and policies of
division." ~. u~aros oz county or state, or the Uninsd St~,~ -~ ~.._-~.~,.,~,c me~ot, or to any county
..... · ~menca, or to any other political sul~-
This instrument is signed and sealed by facsimile as authorized by the following Resolution adopted by the directors of the
Company on May 27, 1970:
"RESOLVED that the signature of any officer of the Company authorized by Article VI Secti ·
to be valid and bina; ..... 5L .-- r~,-.~.~ ann scm are hereby edo,~ed k...t or" ~m. ey. or c. opy metal issued
~-s ~on me ~ompany w~th the same force and effect ~- .[~--t~'/ me,, t~ompan,y, as original signatures and seal
....... o~gu manuaay aff~ed. ,
I, the undersigned Assistant S~cr ....... CERTIFICATE
.of~a_~orney, A.xt. ,cle.vi Sect,on 7 of the by-laws of h. ~.~t~___ . ~ ~ r, berebl~.cert th. th '
:~u ~,~.~.~ect~ copies angl are in full force and e~ o--I-:- ~t_ll.e .... pany ano tile ,~ove Resoluti~l~f it~B~o~l t~he .~___.~omg power
.... ~r, l nave hereunto set my hand and the seal of the Compan this ~ff'/"/~"~' / ffJ.~, ~., ~ ~.
Y ~'0 Y~/~.D.,