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HomeMy WebLinkAboutRES NO 19-41 RESOLUTION NO. 19i41 A RESOLUTION RELIEVING THE FIDELITY AND DEPOSIT COMPANY OF MARYLAND OF ALL LIABILITY AS SURETY 0N THAT CERTAIN BOND DATED AUGUST 20, 1938, C0VER- ING WALTER WILSON SMITH. WHEREAS, the Council of the City of Bakersfield did on or about the 14th day of April, 1941, pass its Emergency Ordinance Number 580 New Series~ providing that officers of the City of Bakersfield shall furnish bonds, the term of which shall not exceed one (1) year, said bonds to be furnished annually there- after, AND WHEREAS said ordinance is still in full force and effect and has not been amended~ AND WHEREAS~ the Fidelity and Deposit Company of Maryland, as Surety, has heretofore executed an official bond covering Walter Wilson Smith, Tax Collector~ License Collector, City Treasurer and Ex-Officlo Treasurer of the Firemen's Retirement Fund of the City of Bakersfield~ County of Kern~ State of California~ on account of any acts of the said Walter Wilson Smith~ said bond being execut- ed on the 20th day of August, 1938~ in the penalty of Forty Thousand and No/lO0 ($40,000.00) Dollarst covering the said Walter Wilson Smith for an indefinite term beginning August 17, 1938, AND WHEREAS, the Fidelity and Deposit Company of Maryland intends to furnish a new bond in compliance with Emergency Ordinance Number 580 New Series, above referred to, NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF BAKERSFIELD, as follows: That the Fidelity and Deposit Company of Naryland is hereby relieved of any and all liability of every kind and nature on account of any acts of Walter Wilson Smith under the bond above referred to, which was executed on the 20th day of August, 1938, accruing from and after the date of the filing and approval of a new bond covering Walter Wilson Smith, Tax Collector, License Collector, City Treasurer and -1- Ex-Officio Treasurer of the Firemen's Retirement Fund of the City of Bakersfield, County of Kern, State of California, said bond to be furnished by said Fidelity and Deposit Company of Maryland. o0o I HEREBY CERTIFY that the foregoing Resolution was passed and adopted by the Council of the City of Bakersfield, at a regular meeting thereof held on the/7~ay of November, 1941, by the following vote: AYES: CLEMENTS, MARMADUKE, NORRIS, 5IEMOH, SMITH, SOLLEAS, ¥ERCAMMEN City~~ Clerk of ths Council of the City of Bakersfield. APPROVED by me this ~day of November, 1941. the City of Bakersfield. '