✨ Contractual Execution Guidance
1602
THE NEW ZEALAND GAZETTE.
[No. 47
55
(8.) Should the annual subsidy not be an even number of pounds, the nearest even number of pounds below the above scale should be stated: For instance, on a contract of £139 10s. per annum the penalty would be £69.
(9.) Execution.—Execution means, in the case of an instrument under seal, its being signed and sealed by the party concerned. The usual signature suffices, and there is no need to write the name in full.
(10.) If a person cannot write, his name may be written by another; and it is sufficient if he acknowledges the signature by touching the pen while a cross or mark is made between the Christian name and the surname, thus:—
his
“JOHN THOMAS x SMITH.” [Seal.]
mark.(11.) A firm must not sign as such, thus: “Smith and Jones,” but each partner should sign his own name separately.
(12.) When a contractor executes by attorney, the power of attorney must be produced to show that it gives such an authority, and a duly verified copy of it or an extract should be obtained and attached to the bond, with a statutory declaration that the power of attorney is still in force. In case of doubt, a reference should be made to the Inspector before execution is allowed.
(13.) An attorney signs the name of his principal thus:—
“John Thomas Smith,
“By his Attorney,
“CHARLES ROBINSON.”
(14.) The seal is placed on the right-hand margin of the bond, and may be put on by any one before the signature is made. It may be a wafer, wax, or anything that makes an impression, and the person signing acknowledges the seal by placing his finger on it and saying, “I deliver this as my act and deed.”
(15.) If the person signing is blind, or cannot read, the bond, and indeed the entire contract, should be read over to him, and, if necessary, explained. The fact
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NZ Gazette 1906, No 47
✨ LLM interpretation of page content
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Post Office Operational Rules and Procedures
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🚂 Transport & CommunicationsMail services, Tender process, Advertisement distribution, Tender evaluation, Scheduling procedures, Form P.O. 99, Chief Postmaster directives
🏛️ Guidelines for Contract Execution
🏛️ Governance & Central AdministrationContract execution, Legal procedures, Signatures, Seals, Attorneys
- John Thomas Smith, Example of signature execution
- Charles Robinson, Example of attorney signature
🏛️ Guidelines for Contractual Execution and Signatories
🏛️ Governance & Central AdministrationContract execution, Signatures, Seals, Attorneys, Partnerships, Blind signatories, Legal formalities, Bonds
- JOHN THOMAS SMITH, Example of a marked signature
- John Thomas SMITH, Example of attorney signature
- CHARLES ROBINSON, Attorney for principal