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HomeMy WebLinkAbout03-1952 General Power Of Attorney Harco National Insurance Company cio Capital Bonding Corporation 525 Penn Street, Reading, Pennsylvania 19601 HNICQP N.o 1364 Know Ail Men By These Presents, that Harco National Insurance Company, a corporationorganized under the laws of the State of Illinois, with its principal office located in Rolling Meadows, Illinois, hereby constitutes and appoints John H. Butler in the City of , County of Cumberland , State of Pennsylvania its true and lawful Attorney-in-Fact for it and in its name, place and stead, to execute on behalf of the said company, as Sole Surety, subject to the limitations herein set forth Bail Bonds and Recognizances only, in a penalty not to exceed $100,000.00 One Hundred Thousand Dollam and No Cents for each bond or recognizance. Each bail bond or recognizance must be accompanied by an individual, numbered Power of Attorney properly executed. This General pOwer of Attorney shall become void on 12/31/2006 unless previously revoked. The execution of such bonds or undertakings in pursuance of these presents shall be binding upon said Company as fully and amply, to all intents and purposes, as if they had been duly executed and acknowledged by the regularly elected officers of the Company at its office in Rolling Meadows, Illinois, in their own proper persons. In Witness Whereof, Harco National Insurance Company has caused these presents to be signed by its authorized National Program Administrator, and its corporate seal to be hereunto affixed this 20th day of December 2002. party Harco National Insurance Corn ~_~ Nationa~ Prograrr~inistrator ~-. State Of Pennsylvania } Qualifying Power Only. Not To Be Attached To Any County Of Berks } ~: Valid Only If Individual Power Of Attorney Is Attached T~Each ~ond Ex~Cuted. Vincent J. Smith being duly sworn, deposes and says that he is the National Progra~ Admi~strator of the Harco National insurance Company Bond Program, the corporation which is described in and which executed the foregoing instrument; that he knows the corporate seal of said corporation; that the seal affixed to the said instrument is the corporate. seal of Harco National Insurance Company and was thereto affixed by authority of a resolution is now in full force and effect, as follows: Be It Resolved, that any one of the following persons: President or any Vice President of Harco National Insurance Company or the National Program Administrator of the Harco National Insurance Company Bond Program, is hereby authorized to execute on behalf of Harco National Insurance Company Powers of Attorney authorizing and qualifying the Attorney-in-Fact named therein to execute on behalf of Harco National Insurance Company Criminal bail bonds in a principal sum not to exceed one million ($1,000,000.00) dollars on any one bond, and further that any one of the aforesaid authorized persons is hereby authorized to affix the corporate seal of the said Company to Powers of Attorney executed pursuant to this resolution. Sworn to before me this 20th day of December 2002 _..J~,l.~ ~o~/"~ Notary Public Reading, Pennsylvania My Commission Expires July 24, 2006 Form HNICQP '>?!, . ~ ,~.~ ,?~,~:,' ~ ;,~'? k- ~i!~', ' ~??.~",;~";~ L,~ ~,~ ,, ..... ~ ..,.~.~:~,~;~, ,~.~ , .. . ..,. , ~;~; ,~~, '.~. JOHN H BUTLER .~icense Numbeg 59] E9 LiCense Type; ~.~si'~eo~ ~gent ~Pira(j6n D:~e~"~;i~-:¢'~''~:~04 ' Lines 0'f Aut~:or~ty: ~:, ~ .. ~ ....... :,. A~cident and READtNG~,,BA ~ '. and Alli~ ;,~,~,' :.' . . COMIVIOtNWEALTH OF PENNSYLVA,NIA Ih'SUI:L;kNC'E D EPARTM E CERTIFICATE OF AUTHO TY Effective Date: HARCO NATIONAL INSU}L4.NCE COMPANY April 1, 2002 NAIC ID 264.2.3 .HAS CONIPL[ED WITH THE REQUIREMENTS OF THE LAWS OF THE COMMONWEALTH OF PENNSYLVANIA RELATING TO ADMISSION IN SAID COM~vIONWEALTH FOR. THE PURPOSE OF TRANSACTING INSURANCE 'BUSINESS IN PENNSYLVANIA AND Tt-L~kT THE ABOVE NAMED COMPANY IS HEREBY AUTHOR[ZED TO TRANSACT THE BUSINESS OF: 40-5-t 02 (cl fl l) Auto Liabili~ 40-5-I02 ('~) {5) 40-5. t 02 (c) (61 Burglm-y and Thcff 40-5-102 (c'~ (71 40-5-102 [c'i 19/ Elevator 40-5-I 02 Ic~ ~ I ~ 40-5-102 (cl ~3~ Gla~s 40-5-102 {bi {21 40-5-102 to) (12) Mine and Machinery 40-5-t02 th) t3) 40-5-102 lc) (41 Other Liability 40-5-102 (c) (131 40-5-102 (b) (1) Property. and Allied Lines 40-5-t02 (c) (8) 40-5.102 (c) (I 4) Worker's Compensation BoiJer and b,lachineD' Credit FideliD, and Surep..' ln!:and Mar/ne and Phvsica] Dm-nage Ocean Nl~rine Personal Properv? Ftoater Water Oam~e FOR. THE YEAR 'ENDING MARCH 31. 2003. IN ACCORDANCE WITH [TS ~HARTER AND IN CONFORMITY WITH THE LAWS OF SAiD COMMONWEALTFt OF PEN'NSYLVANIA. IN WITNESS WI--/EREOF. I HAVE HEREUNTO SET MY HAND AND 'AFFIXED MY OFFI61AL SEAL, THE DATE AND YEAR FIRST ABOVE WRJTTEN. ,'vl. DIANE KOK_EN [NSU R-'a-N C E COIvlMISSIONER OF THE COflOITION AND AFFAIRS OF THE Harco Hational Insurance Corn an NAIC Group Code 0o0o _ oeo0 NAIC Company Code 26433..__[.~ ' ' {Currem Pe~od). (Prior Peried~'- ~ Employer's ID Number Organized under the Laws of _ Illinois , State of Domicile or Port of Entry Country of Domicile Incorporated: __ Ne'/ember17 ig54 __ Commenced Business: Janue~,! 1955 26433200220100103 AS OF Sep[ember 30, 2002 Statutory Home Office: 28~ Main AdministratJv~ Office: R~llina Meadows IL 60008 847,734.4 Mail Address: PO 8ox 683og $ch~mbu ~L $0168-03~9 ...Primary Location of Books and Records: 28~ wes__l Gar Intemet Website Address: _ Statement Contact: . Me,baCh IE~ai~ A~dress) Policyowner Relations Contact: 8 WeslGohrR~ d OFFICERS President .. S~h~ Leas S Secre~ .......................................................... ........... ~ ~ ~ ............................ Chief Financial O~car .......... ~ ~.~ F~ ............................ ~ jas~ Vic~-~residan{s -~ ~ ~d ~u~ene k~pel 847-7344~00 David 81inson DIRECTORS OR TRUSTEES ~o ~amuedle Roddquez (]o'man Kenn ~ ~es Co~ _ James Ro~ M~r ~ ~omas Oa_.~ S~er ~ St~en Lou~ S{eoh~e ,~lale of IL c~.~y o~ c~ ............. The aAic~ra of ~ ~g an~ b~ d~y ~ ea~ d~po~ ~d ~ay ~ ~y am ~e da~b~ ~c~ o~ sa~ re~ng en~. a~ ~a~ ~ ~e ~ pa~ s~ a~, a~ ~ ~e huain fles~a~ assels ~e ~e a~ule pr~ O( ~ ~d m~ anU~ fl~es and el ~ ~ a~ a~, el ~e s~m m~ng ~ as of ~ ' sm ~ as here~ s~. and campJs~d ~ a~danca wl~ ~e NAIC Annual S~l~enl David 8ilnson ,2O02 ($iGnalureJ L~/ David Eugene IOmpel (Pflnled NameA Ch~e~' Financia~ O~ce~ 2'1. 22. 23. 24. 25. 26. 27. 1. 2. $1~cks: ................................................... 2.1 Preierrad :stoc~ 2.2 Common s~ .................................................... 4,2 Pmp~ h~ for ~a P~n of 4'~maa~ hew ~or 3a~ (1~ $ .... 0 10.1 Pr~ms and agan~ ~3 in ~u~e o[ ~le~on 102 P~iumL ~, bal~ and ins~lmen~ ~ bu[ dete~d ym due tin~udtng $ ........ ~ ~med ~1 unbi~ premiu~ 10.3 A~d m~ospe~ ~mlu~ !1. Fun~ ~eU bY or ae~tad wiA ~umd ~m~ 13..'mun= receivable u~,high 14. Re~su~em~eson~a~los3~u~en[~pensepaymen~ 15. Fe~e~ and IOm~n ~me ~x r~a~e ~ inmr~z (~du~ 5 .... 7 73~6~ ne[ Od~ed ~x ~cl~nic ~a~ pr~ng ~uip~ and In~r~L ~ends and mai es~te ~me due a~ Net ~j~lmen~ in a~a~ eno I~es due ~ Iore~n ~ange R~eivabte I~ pamnL ~u~dia~es ~o a~ate~ ~u~s ~ ~pos~ ~ poets and ~ ~ivab~ ~ela~g ~ umnau~ed a~denl and ~eall~ O~r aa~ nona~ad ToMI ~em ex~ud~ pm~ ~1 ~ae~ (~nea g ~mugA TOTALS (L~es 28 and ~) DETAILS OF WRITE.INS 0~(]1. oao2. ' 0803. 08~99. Tolals ~'L~ne~ 0801 ~ 0~03 olus oasa~ ~L~e 8 a~ve) 2503, "' ~.t,m~ Of mma~g wdtedns lot Une 25 ~m ov~ow ~age ~ ..... ~S 2501 ~ 2503 ~ 25~i ~ine 25 a~vei ASSET: Currenl $~.[emenl Dam .... 16,~.885.7.~.( .14 279,357 28.79E.94 13.789,867 878.217 998,00E . 4~3.4a 225.716.11 225,716,118 6.036,206 589.243 473,4a 473.482! 2~,707 ~91 184,686J391 14,279.35: 28,798.94~ 1,812.506 7,733,661 28~.~74 998.006 473.482 7.118.931 218.597.187 17~.4~7.078 7.292.117 19,032.522 1,854.422 2.650,~53 194.634; 1'082'585t · 20~,574.011 7,118,9311 218 597.18; 208.514.01~ 473.482' 4?3.482, LIABILITIES, SURPLUS AND OTHER FUNDS 1 Slmemem Dam 10. tZ ~3. 14. 15, 16. 17, 18. 20. 21. ~,. 2.3. 2.4. 27. 28. ~; 51.~34,471 1. koa~[ct~entecouent'/eat$ 29,616.000 ] ............. ~. L~ adiu~ent ~ns~ .................... 4. Co~ns payee. ~n~g~nt ~mm~i~ns and o~r ~r cna~s: ................ ,.- (~ciud~ ~ 0 ~{ aefa~ az ~iabi~ .......... . ................. ~. Ba~, ~¢ ~ '. ~. and inte~t ~amon S ....... 0 ...... ; ........ 9. Une~m~ g~ I~ffar d~u~ng un~mu~ p~u~ ~r ~d ~ wa~ r~e~ gl ~ ........... ~ A~ presto ............................................ t1.1 Sto~holdem ................................................ .; ........ 11.2 Pol~hold~ ................................................... C~ed ~umn~ pm~um= payabm (net of ~g mmmi~bns) .................. Fu~s h~ W mmpaay ~der ~u~n~ ~ ...................................... A~o~ ~ ~ main~ by ~pany Ior ~t of ~ ........... ~n~ and i~ not ~mt~ ........................... PfmAion iar mi~mnm ................................. Net adius~en~ in a~em and ~ablliQes due Io ~n Dm~ ~ndln~ Payable [o oamnt su~A~ and P~e gar 5e~n~ ............... Uab~i~f t~ amaun~ he~ under ~insure~ a~dant Capi~l nei~ $ 0 an0 Inter~t ~n S. .. 0 Aggr~ata wfi~4ns br Tool liao~ia~ e~g ~to,~e~ '~ I~i~'(u~'~s 1 ~mu~h 23) Prelected celt liabili§es 'Joia! I~hili~.e~ [Ltae~ :~4 ~,~ct 25') ^ggregal~ v,,rite-~ns for special surplus fur4~ Common c~0i~al s[o~ 29. Preferred c=pi~,l slo~ 30. Acjgr~am wnta-~ns ior other man s0eciai aur~us funci$ 31. Suq3tu= notes Grass pa~d in.~r~d*~on~utad sumius 33. Unassigo~ iunO~ (surO~asl 34. Le~ u'~ur,/stocx. ~! cost 34.', 0 ~ares common Ivelue inctua~d in Line 28 S 34.2 ..... ] ' '0.' snares preien'ad (valUe inci~ect id Line 2g S 36. TOTALS 0 ) DETAILS OF WRITE.iNS 2301, ~:s,'~',eatable Funos 2302. Q~!er.A. cr.,uunu..P.ay~ble . 2303. 239B. Summa~ ~f remaining ratty-ins Ior Line 23 from overflow 2399. Te~als iLJnes 2301 i'hmuoh 2303 taus 23~1 iL,ne 23 shovel 2701. 2702. 2703. 279B. Summary o'l remaining wrua-k~ for Line 27 {rom ovmnqow page 2799. Totals (Lines 2701 Ibrm~h ;'703 otus 27981 ILine 27 abo~el 30Q f, 3002. 3003. 3098. ~ummary of remains, waif-ins k3r Line 30 rem ova~ow ~ege 3098. Tolals ILines 3001 In;ouah 3003 al~ 30.08) (Line 30 aUovel P~r Year 35.938.34~ 7,080.52{ L617,D65i 1,t59.~O8 218.597.187t 46.090.~4 58,04'7'685i 105 537.~g3{ ! ---3 258,5111 609,468 3.344,346 255.51~ t,353.96~ 130.658.843 102.936,~18 m30.855.643~ 102,936.3{8{ ¢6.0~,004] ~.043.84~ 253.,138 STATEMENT OF INCOME Premiums ~mect: UNDERWRITING INCOME 1.1 Oirecl (w,'itten .~ 72,6~,T15 ): ................ . .... ~ A..~.(.~.'~7 ~.~;~ ~ ...................... ~.~ c~. ~. ~ ,..t~,i~i]~'~ ................ ~.~ "*'~.~ .... z~,.~u.~.~ 'L~.~7.~TZ~../.~7'~.~ ......... DEDU~TION~: L~ inroad (~m a~d~m y~r$ . ~ .1~ 000. }: CuF~nl Year 44/'(g4 14.285.2961 8.870.04 2.1 oJ~ " 2.3 c~ ............................................ J .... lo 054 2.4, Nel ............................................................... '" ............ ' 40.~9.216j 3. ~ expe~ in~ ....................................................... 7 9~2 ~2B s. ~ ~.,~ = u~ ~ ................................... 7. Nel in.me ot pml~ ~ 9. Na invss~enJin~ ~ J 4 615 640J 11.. Nel ~ent gain (1~) (~ 9'+'~ ................................. ' ....... ................................................... (l,093,.2551 OTHER INCOME IZ Nm ga~ ar iww) I~ ~enm' ~ pm~um ~1~ ~ off (m~t ~ S 3 a~t ~ ~ S .... ~,~ ). t3, Fman~ a~ se~i~ ~'~'~ ~t'i~ ~ ~e~ .. (23.~1 ld. Agg~ate ~t~in~ Ior ~us in,me ...... * ' ' ' 15. To~t ~ ~me (~ ~2 ~mugh 14~ ..................... 16. Net ~me belara ~iden~ ~ ~nolde~ ~d'b~ ~'l'a~'l~m~n ~ ....... ~es (Lin~ 8 ~ 11 * 1~.. 18. Net i~me. ~ar d~d~s'~ a~t~e~ ~ ~ f~t aha Io~n i~e' i ~x~ (Line lB minu~ ~e 17) , 20. Net~mef~netamin~elg)(~L~e22)' " ~TA3~.131)i CAPITAL AND SURPLUS ACCOUNT J 2 I. Su~s as r~a~s ~f~fl~. D~ember 31 p~ year GAINS AND (LOSSES) IN ~URPLUS 2Z Net incon~ (~gm Line 20).. 23. Net unrealized capkl~l gains or bas'e~ 24. Change in net un~z~3 Iom~ exchange Moilai gain (~ss) 25. Cha~e in net Oeta~ ~n~ i~ 26. Cha~s inn~a~ ~. C~nge h~ pmvbio. ~ ~su~n~ 30. Cumu~Uve sfle~ of ~ ~ a~nung pnn~pie~ 31.3 T~tened 3Z Su~ 3Z1 32.2 Tra~l~'~ ~pJml (Sm~ O~e~) ~, ON,ands ~ s~lde~ 36. ~r~ala w~4ns ~r g~ ~ ~s ~ s~lus ,38. D~AILB OF 0501. 0502. 0~3. 05~8. ~umm~i o~rim~ aS9a. TOTAL8 14aL Mis~an~us 1402 1498. 5u~d~a~ ~le~ Jot ~ 14 ~m ~page 14~. TOTAL~ IL~es 1401 ~m~n 1403 oius 14~1 (~e 14 a~e) 360~ 3&gg. TOTALS (Unes 3601 ~ah 3603 ~ 36~l (L~e 36 a~ve) ' 25 312 553J 36.635.549 1245.6941 1,809.005~ 22.169.474j 31 3.gBo. 175 j 5.795.326 i 11.494.541J 16.:325 455J 37 6~ 190i 53 6~1 ' 5 I0.008{ (2,~1.402) 4.304.873~ 5.449,9 t0 2,919,327 } 4 929683 10.379.592 (18.00111 (17,993] 57,498 Hs.OOl]J J 7.718.207 ) 8.337.696 7.716,207J 8.337,596 2.793,628J 3.142.e.4~ 4 922.37g I 5.194 855 56.887 545 {7.138.1311 (15.791,409 $.0~3.D08: 4.922.379 5.194.8.55 (3.05~.0221 (1,779.623 251 679J 316.978 2.167.5r~2 S36.E46 (2.583; 2.{67.564 ~42.59o.ooa 57 498; 117.09~.3491q 4.592.575 48 750.048 87 738344 61.480221J 105.~37.693 CASH FLOW Cash from Operations cu~em I ...2 ~ ...... ~u~n u/.~o:] + 07.498! fLine 0;'.4 abOvet 2.. In.~ and io~ adjus~ant eXpen$~ a' Un~e~ng ~ns~ Cald ¢ Id fne~ o, Sm~ge and Su~r~} ................... 5. ~h ~m Unde~ng (~ne I ~n~ ~ 2 ' 2~,645 ~7 ~" ' 20 056.689~ ~. Nm f~en{ in.me e ~us ~e 3 Pbs Line 4) .................. , ........ 20.4~7.02, ' '~5 747 570~ 7- ~er m~ f~¢e~e~); ....................................................... ' · ' 7.1 Agent' baan~ 7~ Netfu~he, ' ................... "?' ' 4-- . · L579,22~' '" ,,,~1 ~Bhetd ar m~n-~ · ' ............ ' .......................... / ' ~.4 Agg~ale · roman ~me ~ ~aid} r~ve~ .............. q. d~enos ~'~'Z~ ................ ' .... ~ ~ ~ I 57 498 ~o 4.~h ;~m o~.~.o.s~.: p~s u.. ~ ~.~ Ln. 7.~ ~i.~ Li~j ~.~j~ ..................... . ..... i ................ 11 P~easlm- from lnv~tments . 114 B~ . . 11.3 ~age ~ns ....................... 1~,4 ~aal ~.. ....................... . ................ . ........ . .............. .4,1~,~ 1~,527 471 11 50~rav~a~e= 11.6 Hetaa/~f~)~.. ,..... 11.8 . ... . ~ ..... . . . . .. 12.1 ~nds ............................. 1Z2 S~ "' ............... ' .. · .... · 87 33~.39a ~z~ ~ea~;~; .......................... 12.50~8r inv~..~e 12.6 ~neO~p¢i~s, . . 13. ~2.7 Teal hv~ a~u~d fMnes ~ ~' 12~6 ' ' " ~el ~ from (15.~3&a24 ' . Cash from Financing and ~JsceJJaneous ~ources 743.870.513~ ~ 14. ~sh PmV~ed. 14.2 CapJ~ 14~ Ne~ ~nsie~ i~'~t~ .O l~ ~oun~ repaid S 0 14.4 ~ed I~aa m~iv~ 42.S~.~ 14.50~er~h ~vid~ 14.~ ro~,(~i~, 14.1 ~ 74.~) "'1 15.40~.r ap~ . · ~ and m~/laneo~ Sour~ fLme 14. ' . ~ ~6 915 RECONCILJATION OF CASH A,D SHOE . /::.~et~a~e~a~sh=nde~v_ 1~,1 B~i~g~yanr ., . (21,813,010)