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County of Hawaii DEPARTMENT OF FINANCE ∙ Vehicle Registration & Licensing Division 101 Pauahi Street , Suite No. 5, Hilo, Hawaii 96720 -4224 (808) 961 -8351 • (808) 961 -8330 (FAX) County of Hawai’i is an Equal Opportunity Provider and Employer. Complaints of discrimination should be sent to: USDA, Director, Office of Civil Rights, Washington, DC 20250 -94 10. Or call (202) 720 -5964 (Voice and TDD). Last Updated 07/30/12 AUCTIONEER’S BOND Know all Men by these Presents: That we______________________________________________________________________ Principal, residing at __________________________________, County of Hawai’i and ____________________________________ Surety, residing at ____________________________ are held and firmly bound unto Treasurer of the County of Hawai’i, and his successors in office, for the use of the County of Hawai’i, in the penal sum of ______________________________________________Dollars, lawful money, to be levied upon our respective, joint and several property, in case the condition hereinafter set forth shall be violated. For the just and full payment of which we hereby joint ly and severally, bind ourselves and our respective heirs, executors, administrators and assigns. Sealed with our seals and dated this ___________ day of __________________________, ________. The Condition of this Obligation is as follows: That whereas, the above bounden Principal has(have) this day been granted a license to sell goods, wares and merchandise or other property at Public Auction in the District of ____________________________, County of Hawai’i, for the term of One Year from date. Now, The refore, if the said _______________________________________ shall keep and preserve a record book in which shall be entered: 1. A detailed list and description of the property received for sale; 2. The name of the person or persons from whom, or on account of wh om, the same is received; 3. The date upon which the same is received; 4. The date upon which the same is sold; 5. The price for which each article is sold; 6. The name of the person or persons to whom each article is sold, which record shall, during the regular busin ess hours, be open to inspection of any person desiring to see the same. Each such entry to be made immediately after each transaction required to be recorded. And that the said _______________________________________________________________ shall faithful ly and truly keep the records as therein required to be kept. And that __________ will faithfully, promptly and truly account to all persons for whom __________ may sell property, and promptly pay them all sums received by ____________ for sale of the same, after deducting therefrom _____________ commissions and expenses. And that ___________________ will not sell goods, wares, merchandise or other property, except at Public Auction. And that ______________ will otherwise in all things conform to the la ws relating to Auctioneers, then, this obligation to be void; otherwise the Treasurer, or by his written consent, any person whose property is sold by the said _______________ concerning which property a record shall not have been kept as required; or conc erning which _______________ shall otherwise have failed to fulfill the terms of this bond, may prosecute the said ________________ under this bond, and recover thereon any actual loss caused to him, or the sum due to him by the sa id _______________, and a lso the sum of Five Dollars to the use of the Treasury for each item required to be entered in such record which is omitted therefrom, or which is entered therein incorrectly; and the said license may, in the discretion of any judge or court, be cancelled. Given under our hands and seals the day and year above written. In the presence of WITNESS: For Office use only: Sequence No._______________