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CHIPPACIFIC INDEMNITY&OUP 11111111199 <br /> 1111111111 <br /> C <br /> CHUBB 1385 South Colorado Boulevard. Denver, Colorado 80222 • Phone. (303) 758 7400 <br /> ZECEIVED <br /> January 31, 1977 F R _ 1 <br /> I ;Ji`: SL I <br /> Mr. Mark Heifner <br /> Mine Land Reclamation Bureau <br /> 1313 Sherman St. , #615 <br /> Denver, Co. 80203 <br /> Corn Construction Co. <br /> Open Mining Lease Bond <br /> No. 8057-19-80 <br /> Dear Mr. Heifner: <br /> Your file will reveal that we applied for your release of this <br /> bond lly under date of November 12, 1976, at which time <br /> we advised that our captioned bond had been replaced as of <br /> November 10, 1976 by the Gulf Insurance Company under their <br /> Bond No. 541103. <br /> In subsequent telephone conversations with you, we were advised <br /> that you were uncertain as to when such cancellation could be <br /> granted; but I believe you were of the opinion that by this <br /> time, you would be able to get back to us with an answer. <br /> Naturally, our agent on this bond is anxious to bring this <br /> matter to a conclusion to preclude renewal premium which <br /> was due under this bond as of January 17. <br /> May we please have your decision as soon as possible. Thank <br /> you for your consideration to this matter. <br /> Cordially, <br /> mfn Mary F. BHeters (Miss) <br /> PS: The bond cancellation clause in the Act of 1973 (Para- <br /> graph 92-13-8) states that cancellation by the Surety <br /> may be effected by the Sueety`s giving notice to the <br /> State 60 days prior to bond anniversary date. Since <br /> the anniversary date is January 17, 1977 and our original <br /> Termination request was dated November 12, 1976 would not <br /> this suffice? <br />