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CJ <br />~~ <br />l~N~~ED S~A~ES ~~DE~.~~Y AND G~.,I~.~~,N~~Y ~®li~~'~N~' <br />(A Stock Company) <br />N o.------------------ <br />KNOW ALL MEN BY THESE PRESENTS: <br />JAMES SWEETON <br />That we, --------------- ---------------------------------------------------------------_--------------------------------------.._-----------------.._---- <br />as Principal, and UNITED STATES FIDELITY AND GUARANTY COMPANY, a corporation duly incorporated <br />under the laws of the State of Maryland, as Surety, are held and firmly bound unto _________________________________-__ <br />_-LA_-PORTE_-AREA_-WATER -AUTHORITY _______ __ __ <br />Obligee, <br />in the sum of $___5~0 0 0 :0 0_- ~-~ -__ for the payment of which we bind ourselves, our heirs, executors, <br />administrators, successors and assigns, jointly and severally, firmly by these presents. <br />WHEREAS, the Principal was appointed to the board of La Porte Area <br />Water Authority. <br />THE CONDITION OF THIS OBLIGATION IS SUCH, that if the Principal .______ <br />----------------------------------1_~I~I.EET~L._-___-_-___.------------------------------------------------- shall well and <br />faithfully perform all the duties of his office, then this obligation to be void, otherwise to remain in full <br />force and effect. <br />IT IS UNDERSTOOD AND AGREED, and this bond is given and accepted on the condition that the <br />Surety shall in no way be held liable for any loss, costs, damages or expenses of any kind caused by the <br />failure of any Bank, Institution or Depository of any kind to pay, deliver over or properly account for any <br />money, moneys, papers, securities or property of any kind placed on deposit therein or in its custody by or <br />for said Principal in his capacity as aforesaid or in any other capacity. <br />IT IS FURTHER UNDERSTOOD AND AGREED that the Surety may cancel this bond by giving thirty (30) <br />days notice in writing to the Obligee. Such cancelation shall be effective only as to acts committed by the <br />Principal after the expiration of said thirty (30) day period. The Surety shall, upon surrender of this bond <br />and its release from all liability thereunder, refund the premium paid, less a pro rata part thereof for the <br />time this bond shall have been in force. <br />Signed, sealed and dated .--------------..-1-~12 0-(9 2 ------------------------------ <br />__._ (SEAL) <br />Principal ---- <br />UNITED STATES FIDELITY AND GUARANTY COMPANY <br />_____.._ <br />Sherry Langnau <br />r e -In-Fact ~__~ <br />,.:.. <br />PubO 144 (2-86) ... <br />