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<br />DOCUMENT 00611 <br />PAYMENT BOND <br /> <br />#2137550 <br /> <br />STATUTORY PAYMENT BOND PURSUANT TO ARTICLE 5160 <br />OF THE REVISED CIVIL STATUTES OF TEXAS AS AMENDED BY ACTS <br />OF THE 56111 LEGISLATURE, REGULAR SESSIONS, 1959 <br /> <br />KNOW ALL MEN BY THESE PRESENTS, That <br /> <br />Hull & Hull, Inc. <br /> <br />Hereinafter called the Principal(s), as Principal(s), and ICW Group <br /> <br />Hereinafter called the Surety, are held and finnly bound unto <br /> <br />City of LaPorte <br /> <br />Hereinafter called the Obligee, in the amount of One Million three hundred twenty <br />thousand four hundred sixty-two and OO/100-----------i)01Iars($1,320,462.00---r <br />for the payment whereot: the said Principal "and surety bind themselves and their heirs, <br />administrators, executors, successors and assigns, jointly and severally, firmly by these presents. <br /> <br />WHEREAS, the Principal has entered into a certain written contract with the Obligee, <br />date the day. of , to <br />City of LaPorte, Tx. Fire Station No.2 <br /> <br />which contract is hereby referred to and made a part hereof as fully and to the same extent as if <br />copied at length herein. <br /> <br />NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the <br />said Principal shall pay all claimants supplying labor and material to.him or a subcontractor in <br />the prosecution of the work provided for in said contract, then, this obligation shall be void; <br />otheiwise to remain in .full force and effect. <br /> <br />PROVIDED, HOWEVER, that his bond is executed pursuant to the provisions of Article <br />5160 of the Revised civil Statutes of Texas as amended by the Acts of the 56th Legislature, <br />. Regular Sessions, 1959, and al1liabilities of this bond shall be determined in accordance with the <br />provisions of said article to the same extent as if it were copies at length herein. <br /> <br />Project No. 328-1 <br /> <br />00611-1 <br />