The Concordia sentinel. (Vidalia, Concordia Parish, La.) 1882-current, 1920-10-30
PROCEEDINGS POLICE JURY,
Continued from last weekly
BOND NO
Clerk of Court.

BOND No
SOUTHERN SURETY COMPANY
General Offices, Des Moines
CONTRACT BOND
Know All Men By These Presents:
That THE STATE GRAVEL CO.
INC. a corporation organized under
the laws of the State of Louisiana,
hereinafter called the Principa) and
southern Surety Company, with gen
eral offices in Des MOines, Iowa,
corporation organized under the laws
of Iowa Hereinafter called the sure
ty), are held and firmly bound unto
Concordia Parish Louisiana (herel':-
after called the Obligee,) in the full
and lust sum of Ten Thousand
| (e1O.0OO.O0) Dollars, lawful money
of the United States, to the payment
Of which sums, well and truly to pc
made, the said Principal binds itself
its successors, and assigns, and the
said Surety binds itself, its success
sors and assigns, jointly and seder-
ally, firmly by these presents. Slgnea.
sealed and delivered this 18th day OF
October, 1920.
Whereas, said principal has enter
ed into a certain written contract
with the obligee to furnish and de-
liver thirty thousand tons Of gravel
more or less, to Concordla PARISH
at seventy-five cents PEI ton OF TWO
thousand pounds according to the
terms of the contract, q COPY OF
which is hereto attached ard made a
part of this instrument as fully as II
set forth at length herein.
Now, therefore, the condition OF
the foregoing obligation is such that
if the said Principal shall well are
. less the said Obligee from and Pc
duniary loss resulting from the
breach of any of the terms, coven
! ants and conditions of the said con
tract on the part Of the said Prlnct
, pal to be performed, then this obi
CATION shall be void; otherwise II
remain in full force and effect II
law; provided, however, that tins
bond is Issued subject to the tol
S lowing conditions and provlSio,3s:
First-That no liability shall at
tach to the Surety hereunder unless
in the event Of any default on tn
$ part of the Principal in the perform
4 ance of any of the terms, conven
!. ance or conditions of the said con
:, tract, the Obligee shall promptly up
on knowledge thereof, and IN an.
{ event not later than thirty days ate
v the occurrence of such default, de
n liver to the Surety at its office in tn
City of Des Moines, Iowa, wrltte1
notice thereof with a statment o
L the principal facts showing such dc
G fault and the date thereof; nor ur
less the said Obhgee shall delive
written notice to the Surety at II
z office aforesaid, and the consent Q
l. the Surety thereto obtained, befor
- making to the Principal the tini
q Contract herein referred to.
- Second-That in case of sue
default on the part of the Prir
cipal, the Surety shall have the rigE
if it so desire, to assume and conn
lete or procure the completion &
said contract; and in case of sue
default, the Surety shall be sui
rogated and entitled to all the right
: and properties of the Principal ari
ing out of the said contract an
n otherwise, including all securit;t
: and inderities heretofore receive
by the Obligee, and all deferred pa!
; ments, retained percentages and cr'
. dts. due to the Principal at the tim
. of such default, or to become du
thereafter by the terms and dates
10 the contract.
! Third-That in no. event shall tn
Surety be liable for a greater SUI
than the penalty of this bond. or sui
ject to any suit action or other pro