Loading...
Bond, Contract, Notice of Damages, Letter to Messrs.I lRow, tberefore, ,THE CONDITION OF THR FORUGOING OBLIGATION IS SUCH that if the said cipal S shall well, truly and faithfully comply with all the terms, covenants and conditions of said contract on +�" ,h-- �--------- .-_ part to be kept and performed according to its tenor, then this obligation to be null and void; otherwise to be and remain in full force and virtue in law. This bond is issued subject to the following provisions ]Droribeb, that said Surety shall be notified in writing of any act on the part of the said Principal or �7--__:_:- -------- agents or employees which may involve a loss for which the said Surety is responsible hereunder, immediately after the occurrence of such act shall have come to the knowledge of the fully authorized representative or representatives of ------------------------------- ___--------------- .-_-_---___ _-_ ____--_ _-_ . -.--__ .. _-__._----_..__-_. --- -' - -- - ------ -------- ----- - -----F-Ri--- TPvm---- Q;r J) Artm()t.kth- -- -------------------------------------------- who shall have the supervision of the completion of said contract, and a registered letter mailed to the Presi- dent of said Surety, at its principal'oflice in Baltimore City, Md., shall be deemed sufficient notice within the meaning of this bond. Vrorfbeb, further, that if the said Principal Sshall fail to comply with all the conditions of said con- tract to such an extent that the same shall be forfeited, then said Surety shall have the right and privilege to i -assume said contract and to sublet or complete same, whichever said --Surety may elect to do provided it is done in accordance with said contract. _ I �9rF' #Rtb tUtTl eT, that in the event of any breach, of the conditions of this bond; said Surety shall be subrogated to all the rights and properties of said Principals arising out of said contract, and all deferred payments and any and all moneys and properties at that time due and payable, or that may thereafter become due and payable to the said Principal S 'under and by virtue of said contract, shall be credited upon any `VM of ",l taaic�ta claim the said ------- ------- ------------ ----•-------------------------------------------------------------------------- -------------- ------ may make upon said Surety because of said breach. vrontbeb further, that any suits at law or proceedings in equity brought against 'this bond, to recover any claim hereunder, must be instituted within six months after the first breach of said contract. Rnb pronibeb, furtber, that said Surety shall not he :liable for a greater sum than _.___. ................. e : H�as�:�ir_ eld-- D S c O) t�� Jause Af; or on account, ol,•_.this bond. Rnb provibeb,; lastly, that the Assured ar. superitit3endeut of the work must give the said Surety due notice before the last payment under the contract herein referred to is made to the Principals , otherwise this obligation shall be void as to any liability of the Surety hereunder.