Resolution No. 2159, 332T131a
WMAM:HEK :shs loc 8/28/79
RESOLUTION NO. 2 1 5 9
A RESOLUTION APPROVING INDEMNITY BOND
AND DIRECTING ISSUANCE OF DUPLICATE SECURITY
IMPROVEMENT DISTRICT NO. U -1
RESOLVED, by the Board of Directors of the South Tahoe Public
Utility District, E1 Dorado County, California (hereinafter referred
to as "District "), that
WHEREAS, it appears by a petition and affidavit of loss
received by the Clerk and ex officio Secretary of the District,
dated August 20, 1979, that the hereinafter described bond and
coupons (hereinafter collectively called "Security "), held by Paine
Webber Jackson & Curtis, Inc. (hereinafter called "Owner "), were
lost or destroyed under the circumstances set forth in said
affidavit. Said Security is described as follows:
Bond of South Tahoe Public Utility District
for Improvement District No. U -1, Series A
Bond Maturity Date Principal Interest Coupons
Number July 2 Amount Rate Numbers Due
153 1990 $5,000 6.00% 22 -45 1/2/79
thru 7/2/90
WHEREAS, said Security has'not been paid or presented for payment;
WHEREAS, Owner is desirous that this Board issue a duplicate of
said Security; and
WHEREAS, Owner has tendered to this Board a lost instrument
indemnity bond numbered 046528 Item #47, issued by United States Fire
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Insurance Company, a corporation organized under the laws of the State
of New York, authorized to do business in the State of California,
conditioned to indemnify the District, its officers, employees and
agents, and their respective legal representatives, successors and
assigns against loss or damage that may be incurred by District on
account of said Security so lost or destroyed, or by reason of the
execution and issuance of duplicate Security;
NOW, THEREFORE, THIS BOARD HEREBY ORDERS, as follows:
1. That said indemnity bond be, and the same is hereby, approved
and accepted.
2. That the Clerk and ex officio Secretary of the District shall
cause to be prepared a duplicate of said lost or destroyed Security, upon
which shall appear the following words: "Issued as a duplicate, in place
of original of same number, date and denomination claimed to have been
lost or destroyed. Only one is to be paid."
3. That all expenses in connection with the preparation and
issuance of duplicate Security shall be paid by Owner.
4. That said duplicate Security shall be signed and executed by
the same officer or officers who signed and executed the original
Security claimed to have been lost or destroyed, or shall be signed and
executed by the successor officer or officers, either by facsimile
signature or by manual signature, as permitted by law. Upon compliance
with the terms hereof, said duplicate Security shall be delivered to
Owner.
5. That the Treasurer of E1 Dorado County, ex officio treasurer
of the District, or any designated paying agent of said Treasurer, is
hereby directed to pay said duplicate Security upon presentation thereof
on or after the maturity date or dates thereof, providing that the
original Security has not been paid.
6. That the Clerk and ex officio Secretary shall attach a
certified copy of this resolution to said indemnity bond and the same,
together with said petition and affidavit of loss, shall be filed in the
Clerk and ex officio Secretary's office.
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7. That a certified copy of this resolution shall be forwarded to
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the Treasurer of E1 Dorado County and to Bank of America National Trust
and Savings Association, Corporate Agency Division, P.O. Box 37000, San
Francisco, CA 94137.
President
South Tahoe Public Utility District
ATT ST:
Aj
io
C1 d x -o ficio Secretary
I hereby certify that the foregoing is a full, true and
correct copy of a resolution duly and regularly adopted by the Board
of Directors of the South Tahoe Public Utility District, El Dorado
County, California, at a meeting thereof duly held on the _. 6th day
of September , 1979, by the following vote:
AYES, and in favor thereof, Directors:
Kashuba, Olson, Cocking, Fieldcamp, Jones
NOES, Directors: None
ABSENT, Directors: None
C d x -of icio Secretary
South ah a Public Utility District
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0 ,2 i S y
;W P E T I T I O N
For Issuance of Duplicate Bonds and /or Coupons
To Replace Lost, Stolen or Destroyed Originals
TO: The Honorable Board of Directors
of South Tahoe Public Utility District
South Lake Tahoe, California
Members of the Board:
Pursuant to Chapter 3, Part 1, Division 2 of Title 5 of the
California Government Code, you are petitioned to authorize the
issuance of a duplicate of each bond and /or coupon listed below
(hereinafter collectively called "Security "), none of which has been
redeemed or paid and all of which have been lost, stolen or
destroyed.
SECURITY: Bond of South Tahoe Public Utility District for
Improvement District No. U -1, Series A , dated July 2, 1967.
Maturity Date Principal Interest Coupon Numbers
Bond Number July 2 Amount Rate (Inclusive)
153
1990 $ 5,000 6.00% 22 - 45
Accompanying this request are the following:
1. Affidavit of Loss, executed by the undersigned, offered
as proof of loss.
2. An Open Penalty Indemnity Bond, executed by the undersigned
and U.S. Fire Insurance Comaanv
a corporate surety authorized to do business in California, offered as
security to indemnify against any loss the South Tahoe Public Utility
District, its officers, employees and agents, may incur on account of the
issuance of the duplicate Security as requested.
Dated AUG 2 0 1979 , 1979.
PAINE WEBBER JACKSON & CURTIS, INC.
Petitioner
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STATE OF NEW YORK )
) ss
COUNTY OF NEW YORK )
AFFIDAVIT OF LOSS
PAINE WEBBER JACKSON & CURTIS, INC. (hereinafter called
"affiant "), being duly sworn, deposes and says:
A-�
(1) That affiant is the sole owner of each bond and /or
coupon herein described (hereinafter collectively called "Security "):
SECURITY: Bond of South Tahoe Public Utility District for
Improvement District No. U -1, Series A, dated July 2, 1967.
Maturity Date Principal Interest Coupon Numbers
Bond Number July 2 Amount Rate (Inclusive)
153 1990 $ 5,000 6.00% 22 - 45
( That on or about October 16, 1978, the Security was
lost, stolen or destroyed under the following circumstances:
destroyed by fire in our security vault.
Supporting documentation, such as report of theft or report
of loss, etc., is /is not attached.
(3) That affiant has made or caused to be made, diligent
search for the Security and has been unable to find or recover same;
that affiant has not sold, assigned, endorsed, transferred,
deposited under any agreement, or hypothecated the Security or any
interest therein, or signed any power of attorney or other
authorization respecting same which is now outstanding and in force;
and that no person, firm, or corporation other than affiant has any
right, title, claim, equity or interest in, to or respecting the
Security or the proceeds thereof.
(4) That this affidavit is made and the accompanying bond of
indemnity is given for the purpose of inducing the South Tahoe
Public Utility District, El Dorado County, California, to issue
duplicate definitive Security in substitution thereof.
Dated: A G� 2 U i 19 , 1979.
PAINE WEBBER JACKSON & CURTIS, INC.
Affiant
it
STATE OF NEW YORK
COUNTY OF NEW YORK
ss
On this Z� ay of a" , 1979, before me
personally came �c,.c�sr� �✓ .<t" to me known, who
being by me duly sworn, did depose and sap. that he is
Attorney -in -Fact of Paine Webber Jackson & Curtis, Inc., the
Corporation described in and which executed the foregoing
instrument, and that he signed his name thereto by authority granted
to him in accordance with the By -Laws of the said Corporation.
Notary 1' in and for the County
of New r State of New York
(SEAL)
JOHN J. MEYER
Notary Public, State of New York
No 52- 460o617
Qualified fn Suffolk County
Commission Expires March 30, 1980
l
CRUM,�FORSTER ,
INSURANCE COMPANIES
THE POLICY MAKERS OPEN PENALTY INDEMNITY BOND
Bond No. 0+6528 Item #47
1 kn 0 bv aU AM bP Mtge pre0entg, that
UNITED STATES FIRE INSURANCE COMPANY
a corporation organized under the laws of THE STATE OF NEW YORK
and duly authorized to transact the business of insurance in the States of New York and CALIFORNIA
office and place of business at 110 WILLIAM STREET , among other States, and having an
NEW YORK, N.Y- 10038
as Obligor (hereinafter called "Obligor ") is held and firmly bound unto
SOUTH TAHOE PUBLIC UTILITY DISTRICT,
ITS EMPLOYEES, OFFICERS AND AGENTS
5
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and unto all such individuals, firms and corporations as may now or hereafter be acting as Transfer Agent(s),
Registrar(s), Redemption Agent(s), Depositary(ies), Trustees and unto any other Paying, Distributing or Dis-
bursing Agent or Agencies in respect of the below - mentioned certificate(s), their respective legal representatives,
successors and assigns (hereinafter collectively called "Obligees "), in an aggregate sum not exceeding the maxi-
mum for which Obligor may lawfully obligate itself in respect of any single risk, lawful money of the United
States, sufficient to indemnify Obligees, their respective legal representatives, successors and assigns, in case of a
default under the conditions of this bond as hereinafter set forth, to be paid to Obligees, their respective legal
representatives, successors or assigns, as interest may appear; for which payment well and truly to be made the
Obligor binds itself, its legal representatives, successors, and assigns, jointly and severally, firmly by these presents.
SEALED with its seal and executed in THREE counterparts, this 7th
day of August , 1979 .
WHEREAS, the Obligor represents that Paine Webber Jackson & Curtis Incorporated
have possession and hold the following described securities on behalf
Of one of its customers:
Bond of South Tahoe Public Utility District for improvement
District No.0 -1 Series A; $5M Bearer Bond No. 153, 6% due
7/2/90 with 1,/2/79 SCA
(such security or securities being hereinafter called "original" or "originals "), and that the same has
been mislaid, lost, stolen or destroyed and cannot be found or produced, by virtue of which the Obligor h ave
requested Obligees to issue to Paine Webber Jackson & Curtis Incorporated
a new or duplicate instrument or instruments, or to pay to Paine Webber Ja so & Curtis
the amount due on said original or originals without surrender or presentation tnerreol 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 have complied or agreed to comply with said requests;
NOW, THEREFORE, THE CONDITIONS OF THIS OBLIGATION ARE, that if the Obligor, the
legal representatives, successors or assigns of Obligor, or any of them, shall in case the original or originals
be found or come into the hands, custody or power of any of them, or into the hands, custody or po wer
of any corporation, firm or person, deliver or cause the same to be delivered unto Obligees in order
cancelled, and shall also at all times d to be
'defend, indemnify and save harmless Obligees from and against any
and all claims, actions and suits, whether groundless or otherwise, and from and against any and all liabili-
ties, losses, damages, costs, charges, counsel fees and other expenses of every nature and character by reason
of the original or originals and /or the issuance of a duplicate or duplicates in lieu thereof or in lieu of
any instrument or instruments of purpoted like issue and amount which because of alteration, change or
counterfeit may not be identified as or as not the said mislaid, lost, stolen or destroyed original or originals,
or the making of any payment, credit, transfer, registration, conversion, exchange or delivery in respect of
the original or originals ' -N it i�ht t or neglect on the part of Obligeest or any of them, or u pon
their respective Officcr
of
inadvertence, accident,
agents, clerks, or employees and /or omission or failure to inquire into, contest or litigate the right r any
applicant to receive any payment, credit, transfer, registration conversion, exchange, issue or delivery in respect on
of the original or the ells and/or the
any secup the satisfaction of any l instrument ornnstrumentsunderr which ,
)r duplicates issued in or arising out of
ginal or originals and /or
ori duplicate or duplicates are issued or secured, and /or caused by, based upon or arising
hen this Obligation shall be void; otherwise shall remain in full
out of any other matter or thing whatsoever, t
force and effect.
AND the OOblig,e eSn that, i ase any litigation c shall be instituted t in any wise instrument
relat d instruments hereby
or
agrees with the Oblig ,
affecting the an o en, behalf of the Obligees, if requested by them, or any of hem, and,,inllany event, will
for such litigation
pay all costs, counsel fees and charges connected therewith, whether such litigation shall have been participate
in by it or not.
The Obligor further agrees that in case the mislaid, lost, stolen or destroyed original or originals be found or
will forthwith,
come into the hands o oo any ss o ,titl he in O sbrument o r nst umets or pay to the Oblgees the full
Obligees either such original
market value thereof at such time.
The Obligor agrees that, in case of any default under the conditions of this bond, it waives and releases any any loss,
and all right or claim ag incurred b Obligor caused by,�basedhupon or aril ng out enfo of this bond
expense or liability mcu Y
by Obligees or any of them.
The Obligor agrees that its liability hereunder shall be absolute, subject only to the conditions herein
expressed.
UNITED STATES FIRE INSURANCE COMPANY ,%.
By:
ancy r e 1
Attorney 'n -Fact
PAINE , WEBBER , JACKS ON & CURTIS , INC
BY: �: h ���
Edward W. Buckley
Vice President
STATE OF New York I ss.:
COUNTY OF New York
in the year 19 79 before me personally
on the 20th day of August
appeared Edward W. Buckley
to me known, who being by me duly sworn, did depose and say: that he resides at 25 Broad Street,
of
New York, NY 10004 , that he is Vice President
Paine Webber Jackson & Curtis Inc.
the ; that the seal s affix d to said w hich
ument auchi corporate seal;ethat was k the seal of d
affixed by order of the board
tion; that the
of directors of said corporation; and that he signed his name thereto by like order.
.......................... .................
t a .............. ..
No lic ' and for the above County and State
JOHN J MEYER
Notary PuJkc, St -t �; New York
r1y Commission expires ........... '.&.. ... N d .52-46 W- 7 .. ......................
unty
Commission Expires March 30, 1980
FM 203.0.46 (6 -77) Printed in U.S.A.
ACKNOWLEDGMENT BY SURETY ' � 7 /S?
State of New Yo rk
County of
New York } ss.:
On the 7th day of August 19 79 , before me personally came N CriVelli
to me known, who, being by me duly sworn, did depose and say: that he resides New York,
New York that he is the Attorney- in- Fac t o f Unit States Fire Insura
the corporation described in and which executed the foregoing Company
LORENZ K. WEIGI EIN
instrument; that he knows the seal of said corporation; that the Notary Public, State of New York
seal affixed to the said instrument is such corporate seal; that it No. 4683262
was so affixed under authority of the By -Laws of said corporatio Qualified in Westchester County
n Ex fires March 30, 1980
and that he signed his name thereto by like order. Notary Pub;;a
FM.203.00.82 (10 -72)
Bonds and Stocks are valued in accordance with the basis adopted by the National
Association of Insurance Commissioners.
Securities carried at $106,151,743 in the above statement are deposited as required by law.
STATE OF NEW JERSEY
SS:
COUNTY OF MORRIS
WALTER T. BIEL, Senior Vice President & Treasurer and RICHARD L. WHITE, Vice
President of the United States Fire Insurance Company being duly sworn, each for himself deposes and says that they
are the above described officers of the said Company and that on the 31 st day of December, 1978 the Company was
actually possessed of the assets set forth in the foregoing statement and that such assets were available for the payment
of losses and claims and held for the protection of its policyholders and creditors, except as hereinbefore indicated, and
that the foregoing statement is a correct exhibit of such assets and liabilities of the said Company on the 31st day of
December, 1978 according to the best of their information, knowledge and belief, respectively.
Corpornion i
sow
Sworn to and subscribed before me this
28th day of February 1979 * J A- ? ) -
MARY J.DOODY
NOTARY PUBLIC OF NEW JERSEY
My Commission Expires Sept. 19, 1983
Senior Vice President & Treasurer
Vice President
NoLrid
S"I
FM.203.0.67 (3 -79)
31niteb *tnte,4 1F ire h#urance Compaq
Opa•NIZEO 1824
NEW `/OAK N"
STATEMENT AS OF
DECEMBER 31, 1978
ASSETS
LIABILITIES
Bonds ............
$551,003,220
Losses and Loss Adjust -
Stocks:
ment Expenses ....
$542,208,272
Preferred ........
$ 21,893,234
Taxes and Expenses.
22,838,617
Common ........
156,402,864 178,296,098
Unearned Premiums...
228,156,606
Real Estate.........
16,676,304
Other Liabilities .....
113,317,191
Cash and Bank
Capital ........... $ 5,526,561
Deposits ........
9,855,513
Paid in and Contributed
Premium Balances
Surplus ......... 16,987,232
Receivable .......
70,451,265
Unassigned Surplus ... 120,436,382
Equities and Deposits in
Surplus to Policyholders
142,950,175
Pools and
Total Liabilities and Surplus $1,049,470,861
Associations ......
28,630,359
Other Assets........
194,558,102
Total Admitted Assets $1,049,470,861
Bonds and Stocks are valued in accordance with the basis adopted by the National
Association of Insurance Commissioners.
Securities carried at $106,151,743 in the above statement are deposited as required by law.
STATE OF NEW JERSEY
SS:
COUNTY OF MORRIS
WALTER T. BIEL, Senior Vice President & Treasurer and RICHARD L. WHITE, Vice
President of the United States Fire Insurance Company being duly sworn, each for himself deposes and says that they
are the above described officers of the said Company and that on the 31 st day of December, 1978 the Company was
actually possessed of the assets set forth in the foregoing statement and that such assets were available for the payment
of losses and claims and held for the protection of its policyholders and creditors, except as hereinbefore indicated, and
that the foregoing statement is a correct exhibit of such assets and liabilities of the said Company on the 31st day of
December, 1978 according to the best of their information, knowledge and belief, respectively.
Corpornion i
sow
Sworn to and subscribed before me this
28th day of February 1979 * J A- ? ) -
MARY J.DOODY
NOTARY PUBLIC OF NEW JERSEY
My Commission Expires Sept. 19, 1983
Senior Vice President & Treasurer
Vice President
NoLrid
S"I
FM.203.0.67 (3 -79)
POWER OF ATTORNEY
UNITED STATES FIRE INSURANCE COMPANY
PRINCIPAL OFFICE, NEW YORK, N.Y.
KNOW ALL MEN BY THESE PRESENTS: That UNITED STATES FIRE INSURANCE COMPANY ( "Company "), a cor-
poration duly organized and existing under the laws of the State of New York, and having its administrative offices in the
Township of Morris, State of New Jersey, has made, constituted and appointed, and does by these presents make, con -
stitute and appoint Nancy Crivel l i, E1 za R. Schier of New York, New York,
each
its true and lawful Agent(s) and Attorney(s) -in -Fact, with full power and authority hereby conferred in its
name, place and stead, to execute, seal, acknowledge and deliver: Any and all bonds and under
takings---------------------------------------------
M S is ihet3mpirn t11em: as fWTy ana id fhe - same extent as if'sticTi - bonds fiaabeen dury executed'and 167cnow-
ledged by the regularly elected officers of the Company at its principal or administrative offices in their own proper persons.
This Power of Attorney limits the act of those named therein to the bonds and undertakings specifically
named therein, and they have no authority to bind the Company except in the manner and to the extent therein
stated.
This Power of Attorney revokes all previous powers issued in behalf of the attorney(s) -in -fact named above.
IN WITNESS WHEREOF United States Fire Insurance Company has caused these presents to be signed and attested by
its appropriate officers and its corporate seal hereunto affixed this 1 9th d of September
19 7 8.
Z,
Attest: UNITED STATES IRE INSURANCE COMPANY
V uwt
Assistant Secretary tc ent
H R nnese Harry ott
Richard
STATE OF NEW JERSEY) ss.:
CO ORRIS )
��tis� H day of September 19 . , before the subscriber, a duly
rltfi(�QTIo"t�lry Ac of the State of New Jersey, came the above - mentioned Vice President and Assistant
Secret niteAtites Fire Insurance Company, to me personally known to be the officers described in, and who
eacutreced*tgnstrument, and they acknowledged the execution of the same, and being by me duly sworn, de-
2 RQ14 that tjoy are the officers of said Company aforesaid, and that the seal affixed to the preceding instrument
r,�o�rporat j %. f said Company, and the said Corporate Seal and their signatures as officers were duly affixed and
s ifedJt�btMp... instrument by the authority and direction of the said Company.
KM
IN TESTIMONY WHEREOF, I have hHERBt�R t rrty nd affixed my seal at the Township of Morris, the
day and year first above written.
NOTARY. PUBLIC OF NEW JERSEY
(Signed) MXCommission Expires April 19,
(Seal) Notary Public
This Power of Att:rncy -is• granted pursuant to Article IV of the By -Laws of UNITED STATES FIRE INSURANCE COM-
PANY as now in full force and effect and which provides as follows:
ARTICLE IV., Execution of Instruments: "The Chairman of the Board, Vice- Chairmar, of the Board, President, or any Vice -
President, in conjunction with the Secretary, or any Secretary, if more than one shall be appointed by the Board, or an
Assistant Secretary, shall have power on behalf of the Corporation:
(a) to execute, affix the corporate seal manually or by facsimile to, acknowledge, verify and deliver any contracts,
obligations, instruments and documents whatsoever in connection with its business including, without limiting the foregoing,
and bonds, guarantees, undertakings, recognizances, powers of attorney or revocations of any powers of attorney, stipulations,
policies of insurance, deeds, leases, mortgages, releases, satisfactions and agency agreements;
(b) to appoint, in writing, one or more persons for any or all of the purposes mentioned in the preceding paragraph
(a), including affixing the seal of the Corporation."
This Power of Attorney is signed and sealed under and by the authority of Article III, Section 9 of the By -Laws of the
UNITED STATES FIRE INSURANCE COMPANY as now in full force and effect and which provides as follows:
ARTICLE III., Section 9. Facsimile Signatures: "The signature of any officer authorized by the Corporation to sign any
bonds, guarantees, undertakings, recognizances, stipulations, powers of attorney or revocations of any powers of attorney and
policies of insurance issued by the Corporation may be printed facsimile, lithographed, or otherwise produced.... The
Corporation may continue to use for the purposes herein stated the facsimile signature of any person or persons who shall
have been such officer or officers of the Corporation, notwithstanding the fact that he may have ceased to be such at the time
when such instruments shall be issued."
CERTIFICATE
State of New Jersey
County of Morris
1. the undersigned, Assistant Secretary of UNITED STATES FIRE INSURANCE COMPANY, DO HEREBY CERTIFY that
the foregoing POWER OF ATTORNEY remains in full force and effect and has not been revoked and furthermore that the
above quoted abstracts of Article IV. and Article III., Section 9. of the By -Laws of the Company are now in full force and
effect.
In Testimony Whereof, I have hereunto subscribed my name and affixed the corporate seal of the said Company,
this 7th day of August 1 9 79
By
� 14 t ll �
Assistant Secretary
Frieda L. Bel 1 er
FM 203.0.131 (7.75)