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• <br /> <br />E~l~1ITEE) ST~.TES EI~E~.1TY ANO G1,1~.~A1~lTY C®M~AI~iY <br />(A Stock Company) <br />No?90170-10057-91-4 <br />KNOW ALL MEN BY THESE PRESENTS: <br />That we, ________-ALBERT D. FIELDS <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 ______________________________1__ <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 the La Porte Area <br />Water Authority. <br />THE CONDITION OF THIS OBLIGATION IS SUCH that if the Principal .______ <br />ALBERT D. FIELDS .______. 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 UN DERSTOOD 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 ---------------__.-------------------....__--- -3 ~ 1 ~ 9 4 ._.-._.._._.__._.._....._._._._._._.__ <br />~S <br />.. ---------------------~ (SEAL) <br />Principal <br />UNITED STATES Fl~DELITY AND GUARANTY COMPANY <br />vl, <br />Sherry L Langnau <br />Attorney-In-Fact <br />Fubo i as (2-88) •.:4 <br />