When the certificate of stock has been lost, destroyed or otherwise cannot be located, the applicant should produce an affidavit of loss describing the circumstances surrounding the loss, publish the same in a newspaper of general circulation, once a week for three (3) consecutive weeks, and submit an affidavit of publication to the Corporate Secretary. If the one-year period from publication is to be waived, a surety bond issued by a reputable company accredited with the Club and in an amount to protect the Club from claims of the 3rd parties, should be submitted to indemnify the BCC from the transfer prior to the lapse of the one-year period.