HomeMy WebLinkAboutR-86-0181J-86-53
n
RFSOLUTION NO. aG=j_&j
A RFSOLUTION AUTHORIZING THE FXFCUTION AND
DFLTVFRY OF CFRTAIN CITY OF MIAMI HOUSING
BONDS OF 19849 IN THF. PRINCIPAL AMOUNT OF
THIRTY THOUSAND DOLLARS ($309000) TO RFPLACF
LOST BONDS.
BF. IT RFSOLVED BY THF COMMISSION OF THF CITY OF MIAMI FLORIDA:
SFCTION 1. The Commission of the City of Miami, Florida
(the "City Commission") hereby finds and determines that:
(a) the City Commission has received and caused to be
examined an affidavit sworn and subscribed to before a notary
public on October 31, 1985, by F. F. Hutton & Company, Inc., that
(i) the company is the sole and absolute owner of the Thirty
Thousand Dollars ($30,000) principal amount of City of Miami,
Florida Housing Bonds of 1984, bearing 10.40% interest, maturing
June 1, 2011, numbered RH II-283/288 (the "Original Bonds"); (ii)
the Original Bonds were lost, stolen or destroyed; (iii) said F.
F. Hutton & Company, Inc. has no other knowledge or information
as to the whereabouts of the Original Bonds; (iv) the Original
Bonds have not been sold, assigned, endorsed, transferred or
deposited under any agreement, hypothecated, pawned or pledged,
or in any other manner disposed of by or on behalf of said F. F.
Hutton & Company, Inc.; (v) the affidavit is made for the purpose
of inducing The City of Miami, Florida (the "City"), and Chemical
Bank, and Pan American Bank, N.A., as Paying Agents, to refuse to
honor the Original Bonds should they be presented by anyone other
than said F. F. Hutton & Company, Inc., and to issue Replacement
Bonds in substitution for the Original Bonds (the "Duplicate
Bonds"); (vi) F. F. Hutton & Company, Inc., will surrender the
Original Bonds to the transfer agent without requiring
consideration therefore, should they find or recover the Original
Bonds.
(b) The City Commission has received and caused to be exam-
ined one counterpart of an Indemnity Bond, Bond No. 959876-1114,
(hereinafter called the "Indemnity Bond"), executed November 6,
1985 by The Seaboard Surety Company, pursuant to w,.�,The
%IL-
MARF
In-
10 1986
Seaboard Surety Company is firmly bound unto the City of Miami,
Chemical Bank, Pan American Bank, N. A., and any other parties
vested with powers or duties respecting the Original Bonds or the
Duplicate Bonds (herein and in the Indemnity Bond called the
"Obligees") in an aggregate amount sufficient to indemnify the
Obligees in connection with the issuance of the Duplicate Bonds,
the Seaboard Surety Company will be responsible for such
litigation on behalf of the Obligees, and in any event will pay
all costs and counsel's fees connected with such litigation, and
will indemnify the Obligees as otherwise provided in the Indemnity
Bond, which shall remain in full force and effect until the
Original Bonds are returned to the City and are canceled.
Section 2. For the purpose of providing duplicate bonds in
substitution for the Original Bonds under the authority of the
Charter of the City of Miami, Chapter 10847, Special Laws of
Florida, 1925, as amended, and Resolution No. 76-1104, adopted
December 16, 1976, authorizing the issuance of $25,000,000
General Obligation Housing Bonds, the Original Bonds constituting
a part thereof, there shall be issued bonds of the City of Miami,
Florida, similar to the Original Bonds to the fullest extent
feasible, in the principal amount of Thirty Thousand Dollars
($30,000), consisting of certificate numbers RH 11-283/288,
designated "City of Miami Housing Bonds of 1984" bearing interest
at the rate of 10.40% per annum, payable semi-annually on June 1
and December 11 in each year and stated to mature on June 1,
2011. Such bonds being designated in this resolution the
"Duplicate Bonds," shall be registered.
The Duplicate Bonds shall be deemed to vest in the holders
the same rights, privileges, benefits and immunities and to be
subject to the same limitations, requirements and conditions, as
the Original Bonds.
Section 3. The Chemical Bank, in the Borough of Manhattan,
City and State of New York, is authorized and directed herewith
to cause the Duplicate Bonds to be printed and delivered to the
City Commission for execution, pursuant to the provisions of said
Resolution authorizing the issuance of the
4P, C
Original Bonds, by the manual signature of the City Clerk, the
facsimile signature of the Mayor, and the facsimile seal of the
City.
Upon satisfying himself that said affidavit and Indemnity
Bond are in proper form and have been duly executed and delivered
and that the Duplicate Bonds are in proper form and have been
duly executed, the Director of Finance shall cause the Duplicate
Bonds (with counterparts of the Indemnity Bond and the affidavits
and a certified copy of this Resolution) to be delivered to
Chemical Bank, for their delivery to said F. F. Hutton & Company,
Inc.
Section 4. Upon delivery of the Duplicate Bonds executed as
herein provided, the Original Bonds shall be null and void and no
longer obligations of The City of Miami, Florida. If the
Original Bonds shall be found or otherwise come into the custody
or possession of the City or any Paying Agent of the City, the
City shall cause the Original Bonds to be canceled, shredded and
destroyed, and shall cause a signed certificate to such effect to
be sent to the Director of Finance of the City, Chemical Bank,
the Seaboard Surety Company and the Paying Agents of the City
respecting such issue of Bonds.
Section 5. All costs and expenses incurred by the City in
connection with the issuance of the Duplicate Bonds shall be
charged and collected by the City from the owner of the Original
Bonds.
Section 6. This Resolution shall be in effect immediately
upon its adoption.
PASSFD AND ADOPTFD this 18th _ day of MARCH 1986.
XAVIFR L. SUARFZ
M A Y 0 R
ATTF
MAT Y HIRAI, CITY CLFRK
86- 81
c
PREPARED AND APPROVED BY:
\�W\�xv,4A N-
G. MIRIAM MAER
ASSISTANT CITY ATTORNEY
APPROVED AS TO FORM AND CORRECTNESS:
�, Ce"t,6,1IC
LUCIA A. DOUGHERTY
CITY ATTORNEY
BG-isi.
CITY OF MIAMI. FLORIDA
7
INTER -OFFICE MEMORANDUM
I
^ro: Honorable Mayor & Members
of the City Commission
FROM: Cesar Odio
City Manager
DATE: MAR 121986 FILII:
SUBJECT: Agenda Item
Lost Bonds
REFERENCES:
ENCLOSURES:
It is recommended that the attached
Resolution authorizing the execution and
delivery of certain City of Miami Housing
Bonds, -Series 1984, in the principal amount
of ThirtyThousand
hboundsd be Dollars
adopted`by the , to
City
replace lost
Commission.
The firm of E. F. Hutton & Company, Inc., has provided to the City
owner of
a sworn affidavit to the effect thatofhMiami General fim iseObligation
$30,000 principal amount of the City
Housing Bonds, Series 1984, and that the above mentioned bonds
" stolen or destroyed." The affidavit further
have been lost, nor
states that "neither said securitytransferred deposited d posited eiunder any
sold, assigned, endorsed,or
agreement, hypothecated, pawned, pledged for any bank on behalf loan, or otherwise disposed of in any manner by r
said owner."
rom Seaboard Surety Company has been posted in
An indemnity bond f
ndemnif
and
o i
an aggregate amount sufficient t institutedy in any vway harmlessthe
tto
City in the case litigation is
the City,s issuance of these duplicate bonds.
' no has examined these documents and has
The Citys Law
found them to be in order.
The
be born by the bond holders.
h the issuance
w holders.
CEG:hb
cc: City Attorney
F EB 2 1 19%
of these duplicate bonds
CITY OF MIAMI. FLORIDA
� INTER -OFFICE MEMORANDUM
I
pro: Honorable Mayor & Members
of the City Commission
FROM: Cesar Odio
City Manager 0
an
DATE: MAR 1 2 SQU
SUBJECT: Agenda Item
Lost Bonds
REFERENCES:
ENCLOSURES:
hed
It is recommended ththe executiont the and
Resolution authorizing of Miami Housing
delivery of certain City
Bonds, -Series 1984, in the principal amount
of Thirty tbondsbe adoptedbythe
Thousand
Dollars( 0 , to
replace
replace lost
Commission.
FILL:
The firm of E. F. Hutton & Company, Inc., has provided to the City
a sworn affidavit to the effect thaCity
the firm is of Miami General eObligation
$30,000 principal amount oowner of
f the City
Housing Bonds, Series 198, , and the •the above affidavits further
have been "lost, stolen or destroy
states that "neither said securityfe nor
interest posited therein has
been
any
sold, assigned, endorsed, transor
agreement, hypothecated, pawned, pledged for any b ork on behalf brokerage
loan, or otherwise disposed of in any manner by
said owner."
ty
bond from Seaboard Surety Company has been posted in
An indemni
he
an aggregate amount sufficient to
on is itnsitutedy in any save
harmless
dtto
City in the case litigation
the City's issuance of these duplicate bonds.
I De artment has examined these documents and has
The City s Law p
found them to be in order.
The costs associatedwith the holdersissuance
will be born by the bond
CEG:hb
cc: City Attorney
FEB 2 1 086
of these duplicate bonds
8G.IL61-
k:
fly
-
SEA.E.A RSURETYD SURETY ADMPANY
...�'.�
HOME OFFICEi NEW YORK, N.Y.
FINANCIAL STATEMENT JUNE 30, 1985
ASSETS LIABILITIES
*Stocks and Bonds .......... $ioo,689,561. Reserve for Unearned Premiums ...
$27,247,410.
Cash inOffice& Banks ....... 657,474. Claim Reserves ..................
15,975,248.
Accrued Interest & Dividends . 2,350,965. Other Reserves ..................
9,832,310.
Outstanding Premiums ...... 1,070,414. Capital Stock ...................
2,500,000.
Accounts Receivable ........ 1,684,366. Surplus ........................
50,897,812.
Total Admitted Assets ..... $106,452,780. Total Liabilities ...............
$106,452,780.
♦ Bonds and stocks are sahted on haiia approved by National Association of Imurance CommiWonem
Securities carried at $6.769.4911 in the ahme atatemem are deposited for the purpose required by law.
STATE OF NEW YORK ss.:
COUNTY OF NEW YORK
1, G. F. THOMPSON, President of SEABOARD SURETY COMPANY, do hereby
certify that the
foregoing is a full, true and correct copy of the Financial Statement of said Company, as of June
30, 1985.
IN WITNESS WHEREOF, I have signed this statement at New York, New York, this .... 6th , . , ... , . day of
.....November .........................
Revised Form 157
st;
CaAmine Pucc i. being duty awou, depoae.a and ' aays : -
That deponent .ta o6 Legal age and Aed.ides at 2566 Wat 16t1t StAcet, BAoohtyn, N.V
11214 that he .t.a an employee o6 EF Hutton 6 Company Inc. and .that ,the atatementa
made heAe.in aAe based upon in6onmation, .tnveatigation and bePie.6 made on of about
October 25, 19 85
That .the SeaboaAd Swtety Company .utduAea EF Hutton 6 Company Inc. widen its
Bond NO. 959876 bon the Loaa oA diaappeauutce o6 aeeunitied.
That EF Hutton 6 Company Inc. held cvLti6.icate numben(e) RH11-283 288 @
$5,000 each tepAeAenting $30,000 .(•ITa� Mid. rTpi*1na mnttING
UT G.O. MBIA INS RG 10.4% 6-1-2011
�- AegiateAed in .the name(a) o6 E.F. Hutton & Co., Inc.
at theiA pnem.i.sed Located at One Battery Park
Plaza, New York, N.Y. 10004
on on about September 6, 1985
That a thoteugh aeateh o6 the o66.iees o6 EF Hutton 6 Compa,ty Inc has been con-.!
ducted and .the said a ecuxi ty cnnutot now be bound.
That except ass above apeci6'i.eatly stated, neither said aeccvtity noA cut inte,%Wt
.theAeit had been aotd, asa.i.gned, endowed, .Nana6et,ted, deposited uitdeA a,ty ag.teement,
hypothecated, pawned, pledged Got any bank ct bAoketage Loan on o.thmu"e of didpoaed
o6 in any manneA by on on behat6 o6 aaid owner.
That th.ia a66.iday.i,t a made and a Bond o6 Indemnity wi U be given Sc , .the pwtpc4e,
o6 .cndueutg the i4auance o6 a new oA duplicated cvtti6.ieate(a) .in lieu e6 and .in aub-
4tctuti.on on .in exchange bon said, Loot, atolen oA destAoyed aecwtay tucthout Aeguixi.ng
the zumendeA o6 the oxig.ina.t of the payment, deUvehy, exchange oA cAedd t .in te'spec t
to ouch on ig.inat without auch 6utundm
16 EF Hutton 6 Company Inc oA XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
4hotttd 6,utd PA tecovet the ot.i.g.inat eettiSicate(6),
it wiU immediately 6uuende% the flame to tAaa.s6eA agent, without AequiAing city eo►t-
4.ide,ution theAe6ot.
V '
�Z
QAMine PUCCi
oat Seeuti.tiea
Swou to be6ou tee
.11l Sr day o6.
1�
r
'A>iN P.
Noiury Public,
No. 4,
Qualified in
York
CkMICALBANC
Sole Obligor Open Penalty Indemnity Bond
that SEABOARD SURETY COMPANY
�&now all Am bg #he$p Jlreoents, laws of the State of New York and duly autftoriied to
a corporation Organized under the
transact the business of insurance and suretyship in the Slates of New York and among other States, and having an
ALL STATES IN U.S.A.
office and place Of business at g0 william Street, New York 10038
as Obligor (hereinafter called "Obligor") is held and firmly bound unto
CITY OF MIAMI , FLORIDA
CHEMICAL BANK
PAN AMERICAN BANK N A
as may and unto all such individuals. firms and corpo^d unto any othe�P tying, ng, Distributing w or er or Disburs Dias sburer sing or Agencies inrrespect
demption Agent(s), Depositary(ie),
ivWy called
of the below -mentioned certificaums), their exceedingtivee maxim mefoatwh which Obegor successors
lawfullllY obligans te (hereinafter self inlrespect of any
"Oblpee'7. n an aggregate s
single risk, lawful money of the ended hStates, sufficient to indemnity Obligees. e condition s of his bond s hereinafter seat forth,respective
t�be ID d tregal representatives. successors
uly
Obligees, their respective
r
and assigns, n case of a defaultappear for which payment well and truly to be made the Obligor
legal representatives, successors or assigns, as interest may appe
binds itself, its legal representatives, successors, and assigns, jointly and severally, firmly by these presents.
2 counterparts, this
6th
SEALED with its seal and executed in
fi t,aq' .19 85
day of November
'WHEREAS, the Obligor represents that
' HOUSING BOND 10.40% DUE 6/1/2011 CERTIFICATE
«.
CITY OF MIAMI
NUMBERS RH11-283 THRU 288 PRINCIPAL AMOUNT $5,000 EACH ISSUED 6 8/84 REGISTERS
tL
IN THE NAME OF E.F. HUTTON
same ate mislaid. lost.
(such security or securities bang hereinafter celled "original" or originals"). and li hat oeequested Obligees l0 issue to,
stolen or destroyed and cannot be found or produced, by virtue of which the Obligor has
anew or duplicate instrument or instruments, or to pay to E .
F. Hutton & Company, Inc.
the amount due on said original or originals without surrender or presentation thereof for cancellation or stamping or for any
other purpose, and
WHEREAS, on the faith of the foregoing representation and in consideration of this bond of indemnity, Obligees hays coin
plied or agreed to comply with said requests.
COS -
NOW. THEREFORE, THE
or
any o"hem Ohan in case the TorriN ARE. that if igmal or originals e be found orcomentoethenhands. custody
sots or assigns of Obligor, Y ,ter of any corporation, firm or person, deliver or cause the same to
s Obligoes;
or power of any of them, or into the hands, custody or d shall also at all
and save harm
be delivered unto Obligees in °msr to actions end su s, wh Ili groundless tomotherw se, and lro and against any land ab hab�
from and against any end all claims. expenses of
he original
ties, losses, damages, costs, charges,counsel
kale or fees
inrlieu thereof oren lieu o any instrument or instruments ofnd character by reason of f purported
or originals and/or the issuance o aunlerfest
mislaid, lost.
like issue and amount which because of alteration, r the e rip of any payment, r credit.
t8 5 er,'fregistied s8 reof gistration. COnve Sionot the n exch nge Of
stolen or destroyed original ooriginals,
delivery in respeccates, whoth9f
t of the onginoaf e�isinq out of the honoring or refusing to honor the original or origit of the nalstwhen pre or esented by a y
or not caused by, based upon ,
one, and/or whether or not caused by, based upon or arising out of inadvertence. accident, oversight or neglect On the pall
Of
quire into, contest
yees
Obligees, or any of them, or their respective officers, payment, credit, transfnts, clerks, or erl, registration, conversion. exchange.and/or omission or failure to issue or delivery in
or litigate the right of any applicant to receive any paycaused by, based
respect of the original or security or and/or the
saris ecp nate or of any instrument t o o instruments under der which the original or originals and/or or
out of the release of any
duplicate or dug het; � void or secured. otherwise and/or
full , or a and eNect�rising out of any other matter or thing w stsoever,
then this Obligations
AND the Obligor, n consideration of the issuance of wise re relatate instrument or instrumed touching or affecting theobligees, orrery of hem,, wdh
gees, That, n case any litigation shall be instituted in any
regard to the issuanceomeraennbe^o a reQ ante ,,,It paly all Costs. counsel lees annsible for such d charges connlected theerewith. whether such Mi
by them. 11 any 8(*.,' �
JQnds Nhave
av 959876-i1114 by it or not qVy c7
OVER
1 Ot turf tf► ff„ � -- - - — - -
ti '
,,h
0 isaid. lost stolen er destroyed or* or originals be ►ound or come into the
n, of the Obt gees or any of them lot any purpose other than
The Obligor further agrees that in case them t li ees either such original
hands or power o► any person, or into the hands custody or de ff,c,ent to enable the Obligees
n demand. obtain and delver l0 1 �e b 9
will pay to Ine Obligees a sum of monevna s
,ancellahon without relsSUe then the Obl gor en lorihwilh o mount as the sure 0 or o g
or originals or said new instrument or instruments of releases
and all right or
to purchase in the open market securities 01 the Same issue and a r liability incurred by
of subrogation or otherwise. lot an eloses os f expense
pent hem
agrees that, in case of any default Wader the conditions of this bond.lot waives and a eases any
The Obligor9
claim against Obligees or any of them, whether by Y
the Obligor caused by. based upon or arising out o1 the enforcement of this bon Y
ed
be absolute, subject only to the conditions
in
The Obligor agrees that its liability hereunder Shall allerremOdrprorsaHeCl the Obliga•
No inaccuracy to the description of the securities referred to as the original or originals Shall
lions of the Obltgor hereunder overned as to all matters yhalsOe d 'aWgUeS ons arir of sing
the laws of the stale of New ° livered this bond shall
This bond shall be deemed a New Yotherwis ante w h such aws Regardless o1 where actually de
inerpretahon, ob►igaUon. pert°rmance or otnerwise excluswely by
with respect thereto shall be determinedin
Obligees in the State of New York
be deemed to have been accepted by es. a new Bond o1 Indemnity, which may
The Obligor hereby further agreesor curettes in case this obligation should not al
to furnish Obligees. without expense to Oblige
differ from thin Bond in amount
the of in nt Obl gees other spec 'Sufficient 1protection rely
any time foray .
SEABOARD SURETY COMPANY
6y Attorney in Fact
Paula Morello
STATE OF New York
ss
COUNTY OF New York day of November in the year 19
On the 6 th
Paula Morello
appearedPaula
and say that he resides at 9 0 < 4 6
to hie known. who being by me duly sworn. did depo
that he}s Attorney in Fact
85 before me personally
Both St,, Woodhaven? N.
of
Seaboard Surety Company
knows the sea
of dufeclors o1 said corporation. anid corporation. that the seal
rume
i.
the corporation described
to an( o which
executed e that above s sn effi ednbytorrderr of the board
affixed to said instrument is suchlike order
that he signed his name thereto by
DoItENE HARTLEY
te of
Notory P.A''Ii^t..c�772lI9INew York
f a In KlctJs County
01olt • •P ,•,i In �Ir~v Ynrk GnuntY
Certlt►nte F•I r,lorcl� 1Q 19
0.go t mston Exolr. ,
Notary Public in and for the above County and State
My Commission expires
ole"6
8(;-IL d.
r
f1:
1
A
1 5
•
.mad CQPYOR
- -
la1e1l�t 41od4 New VfWk
No. 1559
_ _ - P-QWEH 4F TTQ�
KNOW AEI. MEN BY THESE PRESENTS: That SEABOARD SUfiETY OflMPANY, a• corporatioh of the State of New York, has
made, constituted and eppoin1@0 and by these presents does_ make, cnsti otute and appoint Joseph Dobkowski, Jr. ,
Thomas F. Johni3ton, Richard H. Lewis, Dorene- Hartle y Mat Yte r J. obroWQlskil
Paula Morello r Timothy R. D014A, Martlri! .3: I :9n fix , r Patricia Charles
-of New York, New Mork -
its true and lawful Altorney-in-Fact, to make, execute a no delti(o� 4l f kigulr ulcta Pollcif:=r 44rety b°hdg, undertakings and
other instruments of similar neWre as follows: Without fm f~a ions.
Such insurance policies, surety bonds, unde_ rtakings a f1d instruments foe said purP9ses >fYften duly exa;cuted by ttte aforesaid _
Attorney -in -Fact, shall be bindi0-g upon the si.. -Company --- t�tiY �¢ tsf the sales l�st�nt as rf signed b�( the duly authorized
otticers of the Company and sealed with its corporate seal; and all the acts of $aid Attorney -in -Fact, pursuant to the authority
hereby given, are hereby ratified and confirmed.
This appointment is made pursuant to the following lay -Laws thich wiera� duly adopted by the Board 9f Directors Of the said
Company on December 8th, 1927, with Amendments to and inciudtng anuWy 1�, 1S$2'and acre still in full force and effect.
ARTICLE VII. SECTION 1: � ultdetlakklQs slid IMtrbtge^t+ raaItin thereto
"Policies, bonds, reeognia<artge�. atipulatfoni, consent} 41 wrety,
Insurance puliciep, bonds, reCognilioca$ $tipuiations, consents of surety and uilderwrior g un�e[tek_ (rigs of the Company, an
g releaa:es agreements arld oth@r
shall be signed io the namo ang on petwlf o1 ttttr Company
writings relating in any gray thereto Of to @ny maim or lose thereunder, _.
(a) by the ChdairmaAnao Assistant the
Seerettiry; w Ib oy ani�ttorney-irr-FYct 1Roar the Company sPpointey and_ a thorned by the Cha!menof th Boa_rdtlth@
Secretary Ora Resident
President or a Vice-president to make such signature; or (c► by such other otticers or reprasentetives a4 the a3oard m#y from time fo tirt►9 do arming
The seal of the Company &hall if appropriate be affixed thereto by any such officer Attomey in -Fat A or representative "
IN WITNESS WHF.REQF, SEABOARD SURETY COMPANY has caused these presents to be signed ky one of i s vice -
Presidents, end 'ts corporate seal to be reunto affixed and dul
day of ..... .....
y attested by one of its Assistant Secretaries, this, ..�:t....•....
..,une........___._:..,19.
o�p% 11111, SEAB "URETTYCO_ Y.
N 19 2 7 Attest: By '
orx[w�°ems (Seal) ..Vice -President
Assistant SecOW
STATE OF NEW YORK ss•:
COUNTY OF NEW Y 19.a5... , before me personally appeared
On this ........ 4ti}..... ...... day of ..................................ju)ne........................................, ore m SURETY COMPANY,
....Thomas...P....�Goxke........................................................ - Vine -President of SEAR
said that he resides in the State of ..�`Ir.tf...J.erstsX• ,
with whom I am personally acquainted, who, being by me duly sworn,
that he is a Vice -President of SEABOARD SURETY COMPANY, the corporation descd.W in and which executed the foregoing
instrument; that he knows the corporate seal of the said Company; that the seal affixed to said instrument is such corporate seal;
that it was so affixed byorder off the 13oard of Directors of said Company; and that he signed his name the reto asVice-President of
any by (iVAN9LOT -SItr1MONS
Notary Public, State i* Now York00-
_.
y 14RV M 0ii3lifled i Queens County - Notary due
PUBLIC mC ortlf ic�te Filed Itt Now York Coon
* 'V CERTIFIC�AT9
,�� �� l�anllplss1un jxptr#s M rch 3p. 1110
��� I, IheL° reigned Aaststsnt Secretary of St BOARD SURETY COMPANY � hereby Willy that" original Power of Attorney of which the foregoing IS
altrll, true d correct copy. is in lull IWO and effect on the dale of thin Certificate end 1 do further certify that the Vice-president who executed the said Power of
Attorney was one of the Olficers auth0ied by the Board of Diroctors to appoint an attorney -intact as provided In Article VII. Section 1, of the By -Lawn of
SEABOARD SURETY COMPANY.
This Certificaq may be signed and sealed by facsimile under end_ by authoMy of the lollowing ►eiohltion 91 the Executive Committee of the Board of
Directors of SEABOARD SURETY COMPANY at s meeting duly calWd @rid held on tits i'[th dsy qt cot the sl nature of an Au1§11ant Secretary on any
"RESOLVED: 12) That the use of S printed lscsimlle Of it@ corPor+sta Beal Of the seomRt!ny _ g
certification of the correctness of a copy of an instrument 040041@0 4y the Pr11ss1dfnt or a Yia%+-Preaidon4 pursuant to Article Val, Section 1, of the B r other
appointing and authorating an attorney4n-tact to sign in Ow p�rrtlt SiI Qri tlehlli Qf tfl9 _ nY �+feht �^ds+ ��ryiritinp unAartakings w other
instruments daaa:ritied In slid ArtrcN III, SeFtlon t wata litre lllle6t at!< i! finch1 find twit 1tiQnft! h!9 t±l?or► me!i'!ally affltted and made, hf>sflby is
authorizeQ find ttPProvild."
IN 1tVITf4Ef3ff WMEREcOylr,,�! tlaja hereuntQ/$01 My ONO�r�Aff�i�x��.�t�h�e p9rprate f-al1gt lhl� Camppny to lb present$ th�a:'
�e y ..,. ..�P•f!!i{• -,rv.-,. , !!y Y} •.!� M!s iKlY•�i.�" �Cti- o '�'R. S� e�� _
ti
. J _ - � ��`. �!- . `cam ---� - _ ; __ _ � = - � � �_���, i � 1�^-��\ n �%s-•+�1
or
zz*
1)r verification of the authenticity of this Power of Attorney you may call, collect, 212-943-7440 and ask for the Power of Attorney clerk. Please refer to the Power
,I Attorney number, the above named individual(s) and details of the bond to which the power is attached