Said county purchasing agent shall for himself and his assistants give a blanket bond
in the sum of $25,000.00, payable to the board of commissioners or other county authority,
conditioned upon the faithful performance by said official and his assistants of all
duties devolved upon them under this article and for the faithful accounting to such
county authority for all goods, supplies and money that may come into their hands
in their official capacities and to indemnify and save such county authority harmless
for and on account of all of their acts in said positions, said bond to be given by
said official before entering upon the discharge of his duties and maintained by said
official during his entire term, and to be approved by said county authority and filed
in the office of said county authority. The premium on said bond shall be paid out
of the county treasury.