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Home My WebLink About98-06871 d S ~ :s ~ ~ ~ \l "Q ). ~ ,l:l ~ II: . \ ... -r!. ~ " ~ ~ L ( \. \~ - .'=' C.J . I' '. (JUA/J/'I'/NCi /'/JII'/iH OSH. .\01 fO /II. \1/ II 1/111 /(I \.\1 //11.\/1. LlfJ/1 11.\/.1' /I' /.\11/1'/11/',\/, /'O",I-:H OF ATTOHN/il' /S AI1;Il'IIJ.:III0 Lilli /1/1.\11/. \/ (11111 IQP 3332 Certified Copy QUALIFYING POWER OF ATTORNEY KNOW AI.I. ~n:N KV l'm~~.: "1l.~~.:Nl'S: '111,' INU:IlNAl'llINAI. ...11.:1.11'\' INSliIlANn: ClIMI'AN\', ., NJ nill""""". 1"'11I' h. principal tllliee in Ihe Cit)' ul New.lr~. ('uUIII)' (If b"':l. St.dl" III N.J. &.Il'\ hrr\.'hy II1;u'C. cunstitute ;ami appollll William Colello -------.--.., _._,"-- --.--. -_.~..- illlhe CilY "I Carlisle ._..'.. . ('''''"IY "I .._G.lJl1l.I:l,e.~~.an9._,_._. S'a'e "I _.__.~.h!l.N.S.'i!..VAl!lA with limiteLl authurity. it.. true anlllawful ^~cnl and AlInrlll'Y.III.hKI. \o\o'ilh lull-puwer ami authurity hl'rch)' cunflorrell. lU !oign. ell'cute. ..d.nllwlell~e. and dcli~cr fur :mLl UII il!> hchalr a!t SUrl'I)', "Uhjl'CI III the IIITlII.&1I011 ..\ herein \oCt forth. :HI)' ilOtI all pilpcr\ .lOll dO(,.'UlI1l.'nh rU:'l,.'css;lf)' ur indll~'lllalIU making of Hail Uuw../.\ ill Jlldi",iJ.1 p((Jt\,'t.'dill~', ""hClhcr l.-'ljlllm~J III t'nll; \Uf'l'f"lt'tlr;I'I homh. fI\.';ll,.'l' h1l1hh, ;If'f'l'al ~lmloo nr all)' ullIl'r J...ind uf ;appcarant'c hlmd in Dny Stale Cuun, CuuJlty ('oun or Municipal ('uun. "lid in all U.S, l=Cl.lcwl Cuuns, and ;111 U,S. Fcdcr.tl AllendC's, nol tu cXl'(,l'd II~ amuunt or ONE HUNDRED THOUSAND (SIOO,OOO.OO) DOLLARS ""i1nyunebu'\l1 PROVIDED indh'idual (lllwC'r nf allllrlll'Y he lInarhnlllll',tdt blllhl ~'\l'l'llll"1. A~n KE~11\IS ,\ l'Elt\tA~ENT 111\KT OF Till-: COURT RIo:COKDS. The ncknowledgemcnll.lnd e~cculillll of .111)' ~llch dlM:UIIICIII hy IhC' ~itJ Altorncy-in-Facl ~hilll he it!'. bindill~ uJ'lUn Ihi\ COIl1f'.U1)' as if :!Iuch lxmd has hecn executet.! :U1d ilcknnwledlled by lhe rt.'gularly CICl'h:d ullil'l'r' of Ihi.. Company. ^lI11Ulhurily herehy wnrcrrcd !l.hOlIl c"((lire i1l1lllefmiu'llc wilhulll 'llllil'l" :11 midlli~hlllll -1J.J..J.l.1.!1j__ INTERNATIONAl. .1UIo:I.ITV INSURANCF. COMPANY further cenilie!<o thalllw l'ulluwing i!<o.. true .1II11 ~.\.IL'I cup)' of a rL'..olution of Ihc Board uf llirL'Clllts of INTERNATIONAl.. FIDELITY INSURANC~: COMI'ANY, duly lllloph:d allll now ill fmL'c. lo-wit: All bonds of Ihe C~lrporati\lll sh;llIl'1c c"(l'cU(l'd ill the cnrflor.uc name or the Cump.U1Y hy the Prcsidcnlllr Vice-Presidenl. (lr by \udl lllher oUkers as the Bll;lrd of DireL'lors ma)' OIlllhuri/C'. The President or Vkc,l'rc..idcnt. Scc- rctary. or .1Il)' Assistilnt SC'crctilr)' may .Ippoint Allornep..ill-Fact ()f ;lgenls whn :'ih;11I have authorilY In iSMlc hom!.. inlhe nal1lc uf the COIllJl.lll)'. "nil' Cor- por,lIe Scal is nol neccl'Ismy for the v.llidit)' of .IIlY hond.. of the Ct1rporalion. IN WITNIo:SS WHEREOF, the !i:!id INT~:RNATI()NAI. nUf:UTY INSURANCE C()~U-/\~Y 11;1.. L';LU..l'd lhc\l' prl'Sl"nb tu he execu'cd by its umeer this day (II NOVEMBER 17. 1998 QUAUFI'lNG I'OIl'EH aNI.!', NOT 1'0 /Iii ,1r/;IClIli/) TO ,INI' liON/). 1',Il.m ONLI'IF INDlVlDUM. POIVER OF ,I TfORNEI' IS ,I 1T,1Cl/liD TO EACII /laND liX/iCUTElJ. INTERNATIONAl. FIIlELln' INSLRANCE t:O~IPAN\' . '. I'RESIIlEIiT Slate 01 NEW JERSEV CO\lIlIY of ESSEX !is, On the dllle abovc wriuen, befure me, a Notary Puhlic. personally :Ippcarl'd NORMAN K. KONVITZ, who hdng. hy me duly S\Hlfll, ;1l'J...Il\lwlcdgcd that he signed the abovcPower of Atlorney as Exec. Vice-Presidcllt of Ihe said INTEltNATION,\1. FIUEl.IT\' INSURANCE COMPANY Wid acknowledged said inSlnlnlenlto he Ihe volunlar)' act and deed of said corporation. /J/ilIORAJ/ ,t. C,u'/iHNICCllIO NOrAH}' I'UBI.IC ()f NEW JEH.'iEr My Cmtlllli.uhmlixpire... AlIgll.'i1 18, 2000 ./D.l~ I ;?1~ ~~c . .\\'ARNIN(;', TilE FACE OF THIS,J)OCUI\IENT liAS A COLOltEI) /IACK~;Il.OUNIl .' r INTERNATIONAL FIDELITY INSURANCE \"OCI1PANY ONE NEWARK CENTER, 20'" FLOOR NEWARK, NEW JERSEY 07102.~);)1)1 STATEMENT OF ASSETS, LIABILITIES, SURPLUS AND OTliER FUNDS AT DECEMBER 31.1997 MJ5F.Tfi Hond. (Amort".d V.lu.) ....... Prefened 5locks ............."....................... .. ............."... Common Slock. (Mark'l V.lu.)............... .................... . MortglC' toll/l' on R.II E.t.I................................. ...................... Real &..t. .............................................................. . ..... ...... ................... Cash'" OlJ1k D.po.its.................................. ............................................... Shon Tenn In\'cslmcnlS ........................."............. .. ........... ............................. Unpaid Premiums &. Assumed Balances.......... ._..............."........ Reinsurance Recoverable on Loss Paymenls."........ ............................ Electronic Dab. Processing Equipmenl........."............, ............................"........... Inlerest &. Dividends Duc and Accrued..............,.................................,................. Fund. lIeld in E.crow Accounts ............................................................................ ColI'leral Funds lIeld Und.r Contr.c\................................................................... Contract Balances Due and Unpaid........................,,,.....,,.................,,,.................. Other Ass.ts ............................... ......................... .......... ......... ................................ S4U.ll'I.IIJt. 1.781,1,)4 6,771,.898 191.489 414.610 8.126.947 1.112.128 1,761,734 9U6.796 437,411 7U7,IUO 18.848.337 (18.848,337) 1.402,719 6.218 TOTAL ASSETS '''''''''''''''''''''''''''''''' ........................................ -161.310.030 L1AllILlTIES. SURPI.US '" OrnER FUNDS Losses (Reponed losses net as to reinsurance ceded and incurred but not reported losses) .......................................................................... Loss Adjustmenl Exp.ns.s..................................................................................... Contingent Commissions & Other Similar Charscs............................................... Other Expenses (Excluding Taxes, Licenses and Fees).......................................... Taxes, Licenses & Fees (Excluding Fcderallncomc Tax)...................................... Federal and Foreign Income Taxes Payable..."".................................................... Unearned Premiums .................................................,.........,,,...",.................",.."." Accounts Withheld by Company for Account or Others...."...."....."..................." Liability for Unauthorized Reinsurance ."...,...""....."".."",,,....,,,,....,,........,,......... Other Liabilities ........."..........................."........,........",..,...................,...........,..... TOTAl. LlAOILITIES ................................................................ Common C'pilalSlock .......................................................................................... Gross Paid-in 8!. Contributed Surplus......,.,......."..."",.......,,,,................................ Unassigned Funds (Surplus) .................................................................................. Surplus as Rcg.rds Policyholders.............................................. TOTAL LlAOILlTIES. SURPLUS & OTHER FUNDS ............ $9,379.804 3.373.220 (3.405.023) 261,133 793.909 1.1'1').427 16.039.519 191.015 111.612 21 -illJ]l.!1.ll.- $ 1.500.000 374.600 35.070.353 $36944.953 -1M.JI0,QL I, Francis I.. MittcrholT. Prcsident orrNTERNATIONAL FIDELITY INSURANCE COMPANY, ccrtify that the for.going is. fair statement of Assets. Liabilities. Surplus and Other Funds ofuis Company, at the close of business. December 31. 1997. as reflected by its books and records and as reported in its statement on liIe with the Insurance Departmenl of the State orNcw Jersey. IN TESTIMONY WHEREOF. I h.ve sel my hand and affixed lhc se.1 01 the Company, Ihis 26" d.y of Fcbruary. 1998. INTERNATIONAL FIDELITY INSURAN)7E /." ~ r - ..---? COMPANY -~ \.l-: (1) c' ('6 ~o -+ c.' 0 Vi (.J CL. ," c- ~ ~