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EXHIBIT 4.4
CERTIFICATE OF TRUST
OF
SAFECO CAPITAL TRUST I
This Certificate of Trust is being executed as of June 18, 1997 for
the purposes of organizing a business trust pursuant to the Delaware Business
Trust Act, 12 Del. C. Section Section 3801 et seq. (the "Act").
The undersigned hereby certifies as follows:
1. Name. The name of the business trust is "SAFECO Capital Trust
I" (the "Trust").
2. Delaware Trustee. The name and business address of the
Delaware resident trustee of the Trust meeting the requirements of Section 3807
of the Act are as follows:
Chase Manhattan Bank Delaware
1201 Market Street
Wilmington, DE 19801
3. Effective. This Certificate of Trust shall be effective
immediately upon filing in the Office of the Secretary of State of the State of
Delaware.
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IN WITNESS WHEREOF, the undersigned, being all of the trustees of the
Trust, have duly executed this Certificate of Trust as of the day and year
first above written.
Chase Manhattan Bank Delaware, as
Delaware Trustee
By: /s/ J.J. CASHIN
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Name: John J. Cashin
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Title: Vice President
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ADMINISTRATIVE TRUSTEE
By: /s/ BOH A. DICKEY
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Boh A. Dickey
ADMINISTRATIVE TRUSTEE
By: /s/ R.A. PIERSON
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Rodney A. Pierson
ADMINISTRATIVE TRUSTEE
By: /s/ G.P. YONKER
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George Yonker
SAFECO CORPORATION, as sponsor
By: /s/ R.H. EIGSTI
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Name: R.H. Eigsti
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Title: Chairman
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