|
t RELI/~ICE SURETY COMPANY
<br />RELIANCE INSURANCE COMPANY
<br />UNITED PACIFIC INSURANCE COMPANY O 1 ~- 66
<br />RELIANCE NATIONAL INDEMNITY COMPANY
<br />ADMINISTRATIVE OFFICE, PHILADELPHIA, PENNSYLVANIA
<br />POWER OF ATTORNEY
<br />VALID ONLY IF NUMBER IS IN RED
<br />KNOW ALL MEN BY THESE PRESENTS, that RELIANCE SURETY COMPANY is a corporation duly organized under the laws of the State of Delaware,
<br />and that RELIANCE INSURANCE COMPANY and UNITED PACIFIC INSURANCE COMPANY, are corporations duly organized under the laws of the
<br />Commonwealth of Pennsylvania and that RELIANCE NATIONAL INDEMNITY COMPANY is a corporation duly organized under the laws of the State of
<br />Wisconsin (herein collectively called'Yhe Companies") and that the Companies by virtue of signature and seals do hereby make, constdute and appoint
<br />Terrence E. Dreiling of Denver, Colorado
<br />their true and lawrul Attorney(s)-in-Fact, to make, execute, seal and deliver for and on their behalf, and as their act and deed:
<br />Contract Bonds -Maximum Penalty
<br />All Other Bonds -Maximum Penalty
<br />51,250,000
<br />515,000
<br />"ANY BOND OR INDEMNITY PROVIDED THAT WRITTEN AUTHORITY FROM AN OFFICER OF THE COMPANIES
<br />SPECIFICALLY AUTHORIZING ITS EXECUTION ACCOMPANIES THIS POWER OF ATTORNEY."
<br />and to bind the Companies thereby as full and to the same eMent as if such bands and undertakings and other writings obligatory in the nature thereof were
<br />signed by an Executive Officer o! the Companies and sealed and attested by one other of such officers, and hereby ratifies and confirms all that their said
<br />Attorney(s)-in-Fact may do in pursuance hereof.
<br />This Power of Adorney is granted under and by the authority of Article VII of the By-Laws of RELIANCE SURETY COMPANY, RELIANCE
<br />INSURANCE COMPANY, UNITED PACIFIC INSURANCE COMPANY, and RELIANCE NATIONAL INDEMNITY COMPANY which provisions are now in
<br />full force antl effect, reading as follows:
<br />ARTICLE VII -EXECUTION OF BONDS AND UNDERTAKING
<br />1. The Board of Directors, the President, the Chairman of the Board, any Senior Vice President, any Vice President or Assistant Vice President
<br />or other officer designated by the Board of Directors shall have power and authority to (a) appoint Attorney(s)-in-Fact and to authorize them to execute on
<br />behalf of the Company, bonds and undertakings, recognizances, contracts of indemnity and other writings obligatory in the nature thereof, and (b) to remove
<br />any such Attorney(s)-in-Fact at any time and revoke the power antl authority given to them.
<br />2. Attorney(s)-in-Fact shall have power and authority, subject to the terms and limitations of the Power of Attorney issued to them, to execute
<br />deliver on behalf of the Company, bonds and undertakings, recognizances, contracts of indemnity and other writings obligatory in the nature thereof. The
<br />corporate seal is not necessary for the validity of any bonds and undertakings, recognizances, contracts of indemnity and other wrtings obligatory in the nature
<br />thereof.
<br />3. Attorney(s)-in-Fact shall have power and authority to execute affidavits required to be attached to bonds, recognizances, contracts of indemnity
<br />or other cond"Rional or obligatory undertakings and they shall also have power and authority to certiy the financial statement of the Company and to copies of
<br />the By-Laws of the Company or any article or section thereof.
<br />This Power of Attorney is signed and sealed by facsimile under and by authority of the following resolutions adopted by the Executive and Finance Committees
<br />of the Boards of Directors of United Pacific Insuance Company and Reliance National Indemnity Company by Unanimous Consents dated as of February 28,
<br />1994, by the Executive and Finance Committee of Reliance Insurance Company at a meeting held on March 10, 1994 and by the Executive and Finance
<br />Committee of the Board of Directors of Reliance Surety Company by Unanimous Consent dated as of March 31, 1994.
<br />"Resolved that the signatures of such directors and officers and the seal of the Company may be affixed to any such Power of Attorney or
<br />any certificates relating thereto by facsimile, and any such Power of Attorney or certificate bearing such facsimile signatures or facsimile
<br />seal shall be valid and binding upon the Company and any such Power so executed and certified by facsimile signatures and facsimile
<br />seal shall be valid and binding upon the Company, in the future with respect to any bond or undertaking to which it is attached.'
<br />IN WITNESS WHEREOF, the Companies have caused these presents to be signed and their corporate seals to be hereto affixed, this 4th day of April,
<br />1999.
<br />S~Aa
<br />4 ~~~C
<br />E!i J' ~~i~
<br />U 9~ O
<br />r':a -
<br />RELIANCE SURETY COMPANY
<br />RELIANCE INSURANCE COMPANY
<br />UNITED PACIFIC INSURANCE COMPANY
<br />RELIANCE NATIONAL INDEMNITY COMPANY
<br />`P~~ W'.
<br />~'°4
<br />• ySii~Lr f /1 ~ ~,,, ~ o ~/)
<br />~xtOAi, (~ I W~'tiE /
<br />STATE OF Pennsylvania }
<br />COUNTY OF Philadelphia ) ss.
<br />On this, the 4th day of April, 19911, before me, Valencia Wortham, appeared David T. Akers, who acknovWetlged himsetl to be the Senior Vice President of
<br />Reliance Surety Company, and the Vice President of Reliance Insurance Company, UnOed Pacific Insurance Company and Reliance National Indemnity
<br />Company, and that as such, being authorized to do so, executed the foregoing instrument for the purposes therein contained by signing the name of the
<br />corporation by himself as its duly authorized officer.
<br />In witness whereof, I have hereunto set my hand and official seal. /
<br />NOTARIAL SEAL ~,`'c-. ~.~9i ` (~C~~\ ~ r _ (~
<br />VALENCIA WORTHAM, Notary Public >` o< c \`I ~ WNM^'-YIr'~l Q~~
<br />City of Philadelphia, Phila. County =o,'w,~ -~ Noary Public in and for State of Pennsylvania
<br />My Commission Expires Nov. 18, 1996 '"~ Pie, Residing at Philadelphia
<br />I, Anita Zippert, Secretary of RELIANCE SURETY COMPANY, RELIANCE INSURANCE COMPANY, UNITED PACIFIC INSURANCE COMPANY, and
<br />RELIANCE NATIONAL INDEMNITY COMPANY do hereby certify that the above and forepo'mg~isatrue and correct copy of a Power of Adorney executed by
<br />said Companies, which is still in tuft force and effect. ~ • ~~ .- -
<br />_ `i
<br />IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seals of 9aid~CCmpanies this'-1•Rehday of SUIdE tg96
<br />a L t TFAI
<br />~`. ..-
<br />~ -
<br />'~`'~~-,.,.~,~ ~ '- Secretary
<br />TNIa PoNIEa OF ATTOPNEY EFFECTNE ONLY IF ATTACHED TO BOND NO. TD-O L 166
<br />
|