POWER OF ATTORNEY

POWER OF ATTORNEY

 

KNOW ALL MEN BY THESE PRESENTS, that I, the undersigned, WILLIAM JOHN DRANSFIELD, over the age of eighteen years of 34 Palsa Avenue, Elmwood Park, NJ 07407 (“the Principal”), designate, constitute, and appoint, CRES ANN M. HOYT of address 249 Cozy Lake Road, Oak Ridge, NJ 07438 and William J. Dransfield of address 182 Outwater Lane, Garfield, NJ 07026 (“the Attorneys”), as the true and lawful attorneys in fact for the Principal, in the Principal’s name, place and stead to do either, any and all of the following:

 

  1. To carry all duties pertaining to the Principal’s affairs, house, and finances. Notably, these duties include:

 

  1. To conduct banking transactions as set forth in section 2 of P.L. 1991. c. 95 (c. 46: 2B- 10 et seq.), to continue or open in my name, bank accounts (savings or checking), in any state or national bank, savings and loan association, or other similar institution, and to continue or open in my name money market accounts or certificates of deposit in any such bank, savings and loan association or other similar institution, and in accordance with any such account or accounts:

 

  1. To cause checks and moneys to be deposited to my credit therein,

 

  1. To endorse my name upon any checks or other instruments of payment made payable to me, for the purpose of depositing the same therein,

 

  1. To withdraw funds therefrom, and for that purpose to execute and deliver drafts, withdrawal certificates, checks or other instruments of payment drawn thereon.

 

  1. To pay all debts owing by me at any time or times.

 

  1. To enter into, make, sign, execute, deliver, acknowledge, and perform any contract, agreement, writing or thing that may, in the opinion of my said attorney-in-fact, be necessary or proper to be entered into, made, signed, sealed, executed, delivered, acknowledged or performed. 

 

  1.   To prepare, execute and file all tax returns and reports required by any federal, state, or municipal authority, or any agency thereof, and to contest or review by legal proceedings, or in such other manner as my said attorney-in-fact shall deem advisable, any tax or assessment levied or imposed against or upon me or any property which I may have an interest , and to settle, adjust and compromise any liability for any tax due to any federal, state or municipal authority, or any agency thereof, upon such terms and conditions as my said attorney-in-fact shall think fit, including, but not limited to, representation before any office of the Internal Revenue Service, receipt of confidential information and the performance of any and all acts with respect to any such tax matter. 

 

  1. To procure and maintain insurance of every kind and character, in order to protect me and my attorney-in-fact, and any property belonging to me, from loss, injury, damage, liability, and the like, and to pay the premiums therefor. 

 

  1. To give, execute and deliver, in my name  or in the name of my said attorney-in-fact, any and all checks, acknowledgments, agreements and other instruments in writing of whatsoever nature, as to my said attorney-in-fact shall seem fit and proper for the carrying on of aby of my affairs; to enter into and take possession of any lands, tenements, pr hereditaments of mine which may be unoccupied or may become vacant or to the possession of which I may be or become entitled, and all and every parcel of real estate belonging to me; for me and in my name and for my use and my benefit, to take, receive, and collect any and all rents, issues, and profits of any and all such lands; tenements or hereditaments, and to lease, demise, and farm let the same in such a manner as my said attorney-in-fact shall think fit and proper, and from time to time to renew the leases; to make, execute, sign, seal, acknowledge, and deliver, for me and in my name and as my acts, any and all leases, agreements, or writings which they may deem proper or necessary; to take any ejectment or other judicial proceedings for such purpose as they shall deem proper or necessary; to name, to engage, to hire, and employ any and all kinds of workmen, clerks, assistants, or servants for the better and more effectively enabling my said attorney-in-fact to conduct and carry on any business or other transactions, and to discharge any and all such workmen, clerks, assistants, or servants now or hereafter employed, engaged, or retained by me; and to order, purchase and contract for such materials and labor as shall be reasonably necessary to preserve, repair and maintain any real or personal property which I own, or in the future my acquire.   

 

  1. To borrow money in my name and for me and in my behalf at any time or from time to time, and if in his discretion he should deem it advisable, to mortgage or encumber any real estate owned or to be owned by me or to pledge or grant a security interest in and to any personal property owned or to be owned by me, under such terms and conditions and for such periods of time as he may deem advisable.

 

  1. To grant, bargain and sell all real estate and personal property or any part thereof, now owned or hereafter to be acquired by me, for such price and on such terms as my said attorney-in-fact shall dem to be just, right and proper, and, for me and in my name, to take, execute, acknowledge, and deliver good and sufficient bills of sale, deeds and conveyances for the same, either with or without covenants are warranties.   

 

  1. The Attorneys shall have full power and authority to act on Principal’s behalf. The Attorneys shall manage and conduct all of the Principal’s affairs and exercise all his legal rights and powers, including rights and powers that the Principal will acquire in the future.

 

  1. This power of attorney shall be construed broadly as a general power of attorney. The listing of specific powers is not intended to limit or restrict the general powers granted in this power of attorney in any manner. 

 

  1. This power of attorney shall remain in full force and effect and shall not be affected by the Principal’s incompetence, incapacity, or disability, it being the Principal’s intent that the power granted herein shall continue without interruption until the Principal’s death, unless revoked by the Principal, or until such time as the Principal adjudged incompetent or a disabled person by a court of competent jurisdiction.
  2. Any person dealing with the Attorneys may rely without inquiry upon their certification that the Attorneys have not been revoked. Further, in the event that it becomes necessary that a guardian or conservator be appointed the Principal, the Principal requests that the designated Attorneys be first considered to serve as such guardian.

 

  1. Reproductions of this executed original (with reproduced signatures and the certificate of acknowledgment) shall be deemed to be original counterparts of this power of attorney.
  2. The Attorneys shall have all the powers and duties as set forth in the NEW JERSEY code, and such powers and duties are incorporated by reference as though set forth herein.

 

 

IN WITNESS WHEREOF, the Principal has signed this power of attorney this ______ day of _____________, 20_____.

 

WILLIAM JOHN DRANSFIELD

_____________________________________

PRINCIPAL’S NAME

 

 

 

STATE OF NEW JERSEY

COUNTY OF ____________________.

 

 

 

I, a Notary Public in and for said County and State, hereby certify that ________________________________, personally appeared before me this day and acknowledged execution of the foregoing as his/her free and voluntary act and deed.

 

 

WITNESS my hand and notarial seal this ______ day of ________________________, 20________.

 

 

_____________________________________Notary Public

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