New-York tribune., 1841-04-28
sL,re. 500 each.

share. S16s each.
PA.o o. SECURED 9e"' - $780,
,x,tJL Charter thi. Company without exception one "
and liberal granted BY the ss ~ ~ for
$50 ;. mo probability Companies VIII ~ IT ,.n c.
'in 80 dssu, of improving tho bes, advantage ''' INC
rc-i of N. public well As that oil fss'duais.
@ sd them confidence rs having oee ~
after reflection both in reeace 70 h snddencs of
- roir aad safety; and with view to increase He hsy
r nslc n. pernansnt safety OF investments In th L.
Ii' -, r.n,,rb that no psins necessary sHp"ns. WIN -
d'eh Lone-t sn TO business IN every aepi.e
vent u,rn q: and experiesee whose s .tk
I'M he promste aad preserve the interests and properly 81
WIN W rn ,p.y the confidence eposed in them to
and reckless speculatoa, which IN years sas' s,c m th
ia anu xsn Of innocent meaning who are ieoSsa
mon Nth distrusi, however worthy or usei"I !" ' ~
;ac,s -r motives they have accomplish r,,,a IL, o,t
Ts ian Of subscription those usually aaop'ea " J
stock companies. sasmucn as me sap M cYre under the
other words Interest which the company my , Gycnd. but
af their capital will make part OF the ''ur
a, DC faid twice IN every year 'he rn
eac . money a. well profits derived from their lnsh
rance business; cash subscribers, deriving Ill inc '
Their 500 S,ok subscribers the dividends on their sub
,rpios exclusively while those securing Their P % hi
interest, ana
anal nropor,ion Of profits derived FROM the ~
Thu there NAV BE- misunderstanding By tie
,c,arr 10 add that ahoug Oh no interest Is lulre0 uu @
IS m h,;nc., upon their subscriptions, Yet provision must
he MD o,b.ru e As mutual companies To meet %
,cr and promptly by casi a>'e NJ
h, We found under ANY unusual event. tat the amount OF
Cd and premiums hand should be nufcisnt '
thar losses dc:cency must b" ra's sooo s ~ n dos
r. bnu c remarked further, that there is Lite prooaoii
an
ce coSpsnv where conducted prudcn,y and where e o
@ bcr business constant attention. wiz mo.t gensray meet
NOT 10 the on their capitals which IN other coia
names 90 iyts stock instead oil Aeins 'ia
S for completing the rptons their capital VIII cx-
prs by the 9Th day OF May nsAt-n M, MI LII sys
subscription books will 'onuuue open '"'n '"' ''
been duly subscribed - ,,o,, r,r,oN
EXPLANATION OF THE TERMS OF SUBSCRIPTION
can he made as usual in other companies for ,
TO- or so shares osaor number required 'ne %
tom IT, his full proportion profits derived from the insurance bust
no>,-subcc liability Of as usual on uts coPa
MES and hcreinbeiorc explained
In Bank City or STATE Stocks
sbsrposs can transfer any bank k OF this or
9 hb NAV he actually par par their books and
which cannot purchased for less than par the New iS market
I,h ,ubiact to the liability with other sub
ers which arrangement they WI gam WIN uu success
state stocks or Corporation of the City Of New York
will m market value upon the same terms
Tniaeumbercd Red Estete
secured and improved sud unin'
either in the City or State oil New iof can DC
sh bond, and mortgages interest wa'ye but subject
to before provided IN common win othe @
and any such should be required and pa they
will BE- upoa the bond and mortgage ~"
casf are required o" real ns so b Of their
subscription the bond and mortgage prepared LOT the N'
Of their stock when will be cancelled
the 10 per If preferred paid secured by bank
and the bond and mortgage made Tor me oacc M 81 Per
be insured and she property aPpTassa oy tne
oath who not directly or nd
be
cate surn,hed rom, the County Clerk.
IncuEaJered Real Estate.
Persons Kidding good improved property upon which sIna'
ing the holder Of the first mortgage to assign ms heres
in property exchange for an equal amount o.
c second mortgage up to rSothird the irue aae
the property security subscriptions to this stock for D III or
years obta increased loan on h property IN he
stock which viii interest 81 u to l. per cent
y this holder of the first mortgage will not only
pery but he M gain from to &c per cent annually rom % p
derived from TIE company business and may gam or ~ per cent
par OF the stock favoabs change oil the money
market should he be disposed 10 sell his stock
that there In this city and state many mhons Of
Of improved real estate upon which ncaHDrnes
exist to small part value of the property and upon which
be obtained cash consequence OF 'nch prior nc
stock could be made known well as tia celny mat he
will he valuable and profitable the commissioner nre
opinion would nHssd their first mortgages
whereby they would moi only make avery
advantageous exchange oinvesmens Tor themselves but AFFORD great
owner both could hardly fail Of obtaining Ill
from II cent annually and as the ops
can be lawfully tho Of the compnnys charter
The advice from Europe tao late arrivals unhvorabe the
completion t, The full extern: previously
there ed upon ec-n more recent accounts In Lon
don rsm this country favorable opinion will be
tanned with regard American securities than those consequent upon
the reception the of suspension of the snyvaHa banks
raneemen for rge ca-h subscription to tho company
Bristol doubt will be made certain of
pmen the apprehension, OF war vi" thea have subsidized
found mprccae 10 have the full amount Of the
m this subscribed and paid IN in our own country on or
" b., nm, be- ,e,nal, nad in nroyId j. not less than $500
and to 90 on with their remainder capital
duly secured TO be p compliance with their ch.c until further
are received from their agents III LONDON
With capital paid S50Oo0 the dividends can be made
equal other New York. the balance
be paid after being secured time occasion may require
The charter only the subscriptions 10 be mate and the 10
be secured before the 9Th May se bonds and moga
ges BE- male n after within 80 days.
the successful and best managed paid last
dYital and their anria receipts
IN averaged from S600.001 to S9e0D00
Applications stock Of this company be made either Of the
places OF residence then Office
81 Wa.ce the President House No. li2 Broadway York
COMMISSIONERS
Hon. EDWARD ROGERS, ~ G. Madison, Madison Co
Hon. A. C. II. SMITH. Fairfield lIerfimer Co.
Hon. r. G. MERRICK, Clayton Jefferson Co.
ELIAS GO0DSPEED Esq. Wilmiseton, Essex Co.
PI.AT~r ADAMS Esq City of NewYork.
Hon. CORNELIUS MASTON, PeRn YAM Yates Co.
Hon. BARON 5. DOTY Ogdensburg St Lawrence Co
~ OGDEN Elmra Chemurg Co.
CALVIN X, AFERlLL ESQ. Rouse's Pen, Chntoh Co.
Hon. CHARLES HATHAWAY, Delhi, Delaware Co.
Hon BENZ. p JOHNSON Rome, Oneida Co.
Communications relate this business made the City Of New
York a prompt when addressed gS BALc
"a Wall-strcet. Ncw-York, April IL. I54l
Blank subscription forms required 81 forward