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HomeMy WebLinkAboutWarranty .... # ~ . . , \,,~. ~ $20,000.00 ~.arrantP~ $20,000.00 I~ The Hedman Company warrants that during the period specified the Hedman F&E Check Protector herein numbered shall prevent loss to the original Purchaser resulting from: (A) The felonious alteration of the face of any bank check, certified check, draft, trade acceptance or certificate of deposit, provided that such instrument is made or drawn on customary bank checks and that before signature or certification, the exact amount shall be plainly imprinted upon the face thereof by means of this 'particular Hedman F&E Check Protector and the remainder of the instrument shall be printed, typewritten or written with ink by the Purchaser or his authorized agent or employee. (8) When the amount is not imprinted as provided in Paragraph (A) but where the individualized counter- - '","""'..- ..'~ T. signature engraving prefix only is imprinted on any check by this particular F&E Check Protector, the amount of liability hereunder shall be limited to the sum of $2,500.00 in the aggregate. Such countersigna- ture engraving prefix must be imprinted before signing. (C) The forgery of the Purchaser's signature as drawer or maker of any bank check or draft purporting to have been drawn by said Purchaser if this particular Hedman F&E Check Protector including indi- vidualized countersignature engraving prefix die is used and if the instrument is drawn in the manner provided in Paragraph (A) and is signed or purports to be signed by a person whose handwritten signature the Purchaser's bank has been instructed to recognize. This Warranty is subject to the following terms and conditions: (1) It applies only to alterations and forgeries discovered and reported to THE HEDMAN COMPANY 1158 Welt Armitage Avenue Chicago, IIIlnoll 80814 in writing, by registered mail, within sixty days from the date of payment by the Purchaser's bank of the altered instrument. (2) It does not cover any alteration or forgery caused or contributed to, directly or indirectly, intentionally or negligently, by the Purchaser, or any officer if Purchaser is a Corporation, or Partner if Purchaser is a Partnership, or an employee or agent of Purchaser. (3) It does not cover any loss due to alteration or forgery of any instrument unless the altered or forged instrument bears the identical perforation and/or maceration which an unaltered or genuine instrument would bear as a result of the imprint made by the Purchaser's Hedman F&E Check Protector. (4) The total liability of The Hedman Company shall not exceed $20,000.00 in the aggregate in respect to any and all such alterations in connection with this Warranty, except as limited in Paragraph (8) where aggregate liability is $2,500.00. .......".... (5) Where the same wrong-doer makes an alteration or forgery on more than one item, The Hedman Company's liability shall be limited to those altered or forged items actually paid by the Purchaser's drawee bank during the period not exceeding 14 calendar days after an altered or forged item by said wrong-doer and bank statement was made avail- able to the Purchaser, or any employee or agent of the Purchaser, provided that The Hedman Company's liability in no event shall exceed the limits stated in Condition (4) above, and that any forgeries or alterations for which The Hedman Company is Jiable are discovered and reported as provided in Condition (1) above. (6) Any claim based upon an alteration or forgery against which the Purchaser is protected under this Warranty and under any other Warranty or Warranties, issued by The Hedman Company to the Purchaser, may be asserted under one such Warranty only, provided that The Hedman Company's liability in no event shall exceed the limits stated in Condition (4) above. (7) The Purchaser and his bank shall, If required, supply all documents requested, submit to an examination by the authorized representative of The Hedman Company, all records, books and papers, concerning the loss. and the Check Protector used, and shall give The Hedman Company all reasonable aid, not pecuniary, in suing for and obtaining reimbursement for any loss or expense which the Purchaser or The Hedman Company may suffer or become liable for by reason of such alteration or forgery, and shall assist in securing information and evidence and perform all acts necessary for the criminal prosecution of the person or persons guilty of such alteration or forgery, including but not limited to notification of local law enforcement authorities immediately upon discovery of the alteration or forgery, and shall execute any and all papers required, and at the time of payment of the loss shall execute a subrogation of rights if requested. (8) In any case in which the Purchaser uses his Hedman F&E Check Protector in conjunction with a Hedman Check Signer the Warranty made in Paragraph (C) hereof is inapplicable and the Warranty issued in connection with the Hedman Check Signer used shall govern the liability of The Hedman Company for any loss which the Purchaser claims is warranted against by The Hedman Company, (9) No action or proceeding at law or in equity shall be brought to recover any sum hereunder unless commenced and :..:...r., process served on The Hedman Company, within a period of twelve months next after the cause of action for the loss accrues. except that If such limitation is' prohibited by the statutes of the state in which the Purchaser is located, such limitation shall be deemed to be amended to conform to such statutes, (10) This Warranty is given solely to the original Purchaser and only to the extent above expressed. No dealer or agent is authorized to make any other additional guaranty or warranty. .,.. The Hedman Company agrees that in the event suit is instituted under this Warranty, upon written request by registered mail by the said Purchaser, The Hedman Company will enter a general appearance in any Court of Gompetent jurisdiction in the United States of America. .. THE HEDMAN COMPANY BY: f{d/~ Printed in U.S,A. ,.' FORM 2001 'j.-.~' ,., v_, ~~....~-...:. . ..~. ... "", '" ~ ...~ , ,... >', ;::'iiJ'w""""''':' "., ~ z Z o:l~ ~ ~ ~ 2: w~; a: c..; 1:.... <C = 0.... :::E 0 a:wz w ~ ~O A..!.. . Z <C .. . ~ w ~ w CD , W i; ::t c: .... ~:,"' ~... <C a: ~ 8 ~ 0 c; ~ ~ ~ ~ ~ :g ! b ~ oo! I i ~ t f.~.I. ~ > W 'i 0 ! Z D.. C Q Z c..; ~ a: II: 3. .1 - E 1 (~: ~;;C a: ~ l Z -; a: ~ ~ ~ ~ ~ ..... c: A.. ~ Z ~ j '0 0 - { ~~,~~: . ,. ~ W <C ~ <C:: 0 ~ 00000 = g lUll U <C ~ == I,!.~j.,.,/~.,..j .",. <C CJ :=:E -= ~ Z Z Z Z ~ u.. if ~. 3 ::' "::""~:! I/JIIJIIIIII# a: lUll - 0" .... Ou 0 0 000 ~ .!: 0 :l ::t . & 0 0 ';'>:i: ~ .. w 0 = ~ W Z O!l:" C ....,..". 11 0 0 W - ~ t= t= i= i= Q ! J: C W cD:2 - 0 ~ ':." LL W J: I"IlIo.I wCccc ~ : (,) ~ J: ~ U . J: ""11III "a:a:a:a: _ .... o W .a..a.. a:wwww W W J:.... 'WT 0 !:j !:j !:j !:j till J: ~cccc LL.... ~I $20,000.00 ~ &l1a!!N~ntp ~I $20,000.00 ijr FORGERY AND CHECK ALTERATION Period of Warranty: 12-1-7q to 12-1-81 IssuedbvTHE HEDMAN COMPANY (Estab. 1914) Hedman FAE Check Protector No. 671711 i PURCHASER City St Bozeman City Ha 11 Bozeman Mont 59715 DISTRIBUTORS: Singer CODE NO. 80 THIS IS TO CERTIFY THAT The Hedman Company indemnifies above purchaser against loss covered by the Warranty appearing on the reverse side hereof. LIMITS OF LIABILITY The liability of The Hedman Company under said Warranty is limited to an aggregate sum of $20,000. on the said machine, except as limited in paragraph (B) where aggregate liability is $2,500.00 ~':~,~:::'-:J:~ ' PAYMENT OF LOSS The Hedman Company will pay any loss covered by said warranty'i~.i!. directly to the purchaser of said F&E Check Protector. ilWii ,I TERMINATION The protection provided by this Warranty is noncancellable and non- assignable. THE HEDMAN COMPANY Estebllshed 1914 ".,.,..