New-York tribune., 1841-04-17

THE Charter OF this Company without exception the
liberal by the Sew York,
there probability that will be
doub valuable that and tho Com
msonrs are desrous Of Improving to the best advantage for the
In soliciting the attention of Capitalists TO their plans OF subscription
h recommend them With enI confidence having been adopt
ed reflection both reference prncta
bt and safety and With the confidence of
the public the permanent safety o investments IN their capital they
proper remark that expense will be
spared securing honest conduct business every depart
mcn OF integrity and experience whose study and
the stock
an i i s . ,ntiuv & 'r% % a, co"s .. w ~ h
integrity meaning looked
dstrus however worthy useful reality be the OBJ
jccts motives they have 10 accomplish!
plans subscription differ from those usually adopted by JOINT
companies the capital i'll draw
words the interest which the acquire under tho
their capital will make part OF the dividends but
stakeholder will be paid twice every their
of interest well As profits derived from their insu
business cash subscribers deriving all interest received upon
Bank Civ or State Stock subscribers the on their
securing their bonds
sa pr"pGrou annual profits derived from their bust
with other subscribers in and stocks
by the subscribers however,
@ IN ~ b"in.., unon tbsr su,c,rptton. vet provision must
mutual companies, alosses
promptly by equal and
found under unusual that the OF
premiums hand should be
their losses such deficiency must be made good by
each interest bears to the amount Of such de
remarked further that there probability
of such the of every
where it conu ted rudeny and where the o
business attention. will generally
nuay in addition 10 the capitals which in other
panics being paid directly
allowed under the amendment the of
r, @ b on the 9Th d"v Of Nav the mean While their
books will until the full shall havo
been duly subscribed
EXPLANATION OF THE TERMS OF SUBSCRIPTION
In Cash.
Cash be made usual other companies for S.
TO- so shares other number required the subscriber having
ton his full proportion Of profits derived from the insurance bus
nd hercnb
IN Baxk CITY, or STATE Stocks
Subscriptions be secured by transfer bank stock of tbisor
ana %hen @ 0e % G p ab po IN ,S S wv, Y t ans
dollar for do.rhe having guaranteed
both subject the liability with other sub
scrber under which Arrangement they gam success
in 2 double interest upon capital
stocks of the Corporation OF the City Of New York.
cash market value the
U-nincumbercd Real Estate
a eoe either in the Civ or State Of New York can be
Of the property fer s 10 IS years
and bearing interest whateva but subject
before provided in with other subscribers
and should be required paid the.
endorsed upon the bond and thereof Ne
payments required from READ subscribers subcp
be for 10 cent the amount of he
subscription until the bond and mortgage prepared for the full
their stock when he subscription note WI" be cancelled
per preferred be paid secured by bns
The buildings and the property appraised BY three
under oath who not interested directly nd
rey property. The be undispued and ce6
cate furnished from the County Clerk.
IacumJered Real Estate.
holding
incumbrance may this City STATE upon oban
ing the holder OF the first mortgage his
property this company exchange for an equal amount o
Inc ,h in ec"riy for sub epon, To- this stock for l. 10 "
Is years loan property
company which will ef II
By h, the holder Of the first will only
his regular from the the pro-
pery but he vi" from to Il annually from the profits
derived from the companys business and 10
the value the stock upon favorable change Of the
marker, should he be disposed to .el his stock.
believed that there this city and many millions Of
dollars the best of improved real which membranes
obtained cash
brane and ;hs terms of usc Offered by this to
will valuable and profitable the commissioners Of
opinion that hundreds would be induced to assign their first mortgages
under this whereby they would only very
exchange for themselves but afford great
relief the original as both could hardly fail Of obtaining an
Of from to ~ annually and the
itself makes the property UsScUmBgRgD SO that
be lawfully received under the terms OF the coanys charter
The Europe unnyorab the
the full extent of the negotiations previously made
believed receipt Of recent accounts in Lon
country favorable opinion will be enter
American than those
reception OF the the suspension oil the banks
prospect and within few months the
large cn.h subscription TO the stock of this company
either doubt will be made certain Of accom-
pshment the apprehenson Of war vi" then have snb.ded
h M C Nav the commis,oner, have come To the
ton proceed organization with such amount M
that time be actually pad In provided 1t Is mol e @ 80
daily paid compliance with their charter until uh<
accounts received from their agents IN London
With capital oony SOOOO the can DC made
o, those of any other companies New York the balance
he secured
onl requires subscriptions TO be made and the 10
per before the a o he bonds and mofg
ge. g can b. made ou, at any after within 60 days
r be successful and best paid
ho 81 .o n.r cent dividends. their annual in pre-
| ;,n. y % avsrnpsd from s6oOOCo TO 100000
Of this be made Of the
several places Of residence their Office,
a. the President House No li2 Broadway York
|
Hon EDWARD ROGERS VI. c. Madison, Madison Co
Hon. A. c. II. SMITH. Fairfield, Herkimer Co.
Hon f. G. MERRICK, CLAYTON, Jefferson Co.
ELIAS GOODSPEED, Esq Wilmington, Essex Co
P1.ATT ADAMS, Esq. City Of York
BENZ. BAI.CH, ESQ. do do
Hon CORNELIUS MASTON, Pesn YAM Yates Co.
Hon BARON s. DOTY, Ogdensburg ST Lawrence, Co
NJ. OGDEN, Enira. Chcnung Co
CALVIN r. AVER1fI. ESQ., Rousc's Point, Clinton Co.
Hon. CHARLES HATHAWAY Delhi, Delaware Co.
Hon BENZ p JOHNSON, Rome, Oneida Co.
relative business made the City New
York. prompt attention when addressed BEs LcH
"A Wal-street. Ne~-York, April l2, is41.
Blank subscription and other required forward
any part Of the country when requested application
above wishing to become subcber
an agency Agents will receive commission the amous
j ErcdX Xalar H. lnGn al