New-York tribune. [volume] (New-York [N.Y.]) 1841-1842, 1841-04-24
TINTED STATES INSURANCE CONPAAl
Of the Citv OF New-furk, wiki Capita Of
ION q Z D OL 1 j z S

United STATES lNSuRAAtE " ar a'l
of me Citv of Ne~-i ORR. wiki 4 Capital OF
one MILLION or d IL i Il ,.
share. Sleo each.
TX rrs crSr TO Es SECURED rfos suks0AiFllo
r,uF c, 1 hi, Company without exception one OF he ae'
sat rro liberal granted by the State Of Ne" &
there probability taa sny new N md br Com,
.one ,ime doubly valuable on mi 70, m.
nis,n, are dcsirous improving II TO the best "
good Of the public well mat OF ndi' idaa-
In soliciting OF Capitaistso hcH
they can recommend them with confidence As HAVING @
ed after nature reflection o9tn N - ma. the confidence
l-lity profit and safety! and with We" 10 ,,I ,,cy
the public IN permanent safety OF investment II @ H.
deem II proper remark, that paus or necessary
,arcd securing honc ni'n to conduct ~ J,;aat,.
incnt Integrity and experience whose >t1uH -N
noiders ana lo -ppi IN . a., have caused
INV even OF nnocni aud ~-H meaning Hen who arc oN
upon with dusi however worthy or useful IN fesS NAY ' IT
lcc. .. they have TO accomplish -, -, j., ;;n,
Tic Man, Of subscription deer from those usually adopted o JOINT
oan. lpa,nucn the capital viii draw no in,crr> or III
80 tho ntcrc,t the company may acquire under the
Investments capital. viii make no part OF inc ui'' W.
% .tchoirr aid year their cse'c pro
,o-,jcu Of u well profits derived from uei hs
rance cash subscribers deriving -lihe interest "s
E, CIV Or sac o5k s,b.cric dividends their sub
,rptous exclusively while those securing he'r payments % "u
a.d mortgage required 70 pa! no ine' al. t; t ~
m raorcn pr6t tcri'cd FROM their insurance es'
me- IN rlon si,l other subscribe. money md stoek
Tn. be nund-rsiaeii's0' INC Suo,c 'ol
u erey 10 add tsat required unde< oi
rv upou their subscriptions yet provision mu
made stIrrel-r, Usual III mutual =; -
eaI demands promptly by equal ac>>r'en> ana III csc
] and tci premium, on hand ,hou!d he insufficient mec
lar Ice. such cfciru, mu>t be mad. good by assessments N pro-
nc II should be further that there i little probability
81 such event a. the pnuR's o. ever n.
r-pc Dv h-c conducted prudcnty and where the on
-. ,.r huur,> viz most generally meet
@ only an their To-. .. hut .u,d prost from TO II per cca an
i,, - rho int.-c.fon thcir canl> other
varies stock instead OF hcse pad directly to the sub
crbcrs. allowed anc the amendment to the G"~er OF
m onuny completing the subscription, 10 their capital ~ c
pirc the sta day Of Ma" ncN-'n the mean "he he'F
subscription hooks val continue open an;h the Jul amount shall nave
been duly subscribed.
EXPLANATION OF THE TERMS OF SUBSCRIPTION
IN Cash.
Cash can he made Is usual in comaanic.
other humber required the SUBSCRIBE ha'Is
guaranteed received amount OF hi, subscription IN add
on 10 his full proportion ro derived iron the insurance bust
MES, and licrcinbcfore explained
In BanE. City. or STATE Stocks.
Subscriptions secured by transfer bank -tok Of this or
any other State ii the Mon tna i IN go real. ad
which purchased for les than IN the Nc" ok market
oir for dohc subscriber having the dividends
both stocks, subject liability assessments with other sub
under whc arrangement they vi" gam with usual succc
in business from per double interest upon one capital
stat, tok. or stocks Corporation OF the City of New York
will be ut par value the same ;cTi'
Iaincu1nJcrcd Real Estate.
Suhcrp,ion s-curcb and improved ud
chern tie City State OF New York can be
Hi'e iS | cnrnc no interest whatever but subject
before provided in common with other
and case any such required paid they
will BE endorsed upon bond and payment thereof No
required from real estate subscribers %"
ton for 10 cent the amount of their
srlcr p,an until and prepared for the ;a
amount when the subscription note will be cancelled
per preferred he paid money or secured by bank
stock and the made for the balance Of 90
buildings he insured aud the property appraised by three
,i.intcr men, Interested directly ni-
recy property. The c' be uniputed and certd
cate furnished from the County Clerk
I,cnwLcrcd Pca6 Estate,
Per>on3 holding good improved property upon which small
ircunbrancc NAV this City upon obtain
ing holder of ,t first assign his neres
sioc second mortgage "ords the true value OF
the security for subscriptions, to this stock Tor . 10 or
his
o;hc which will interest ei TO IL
BY the hoicr OF the first mortgage will mol only
continue To regular foSI Of the
pcrtv but lo per annually from the profits
derived from the company. and gain 10
par stock upon favorable change OF the
market. should he be- .i-p posed to scl hi' stock
believed that there in tins city and state many millions OF
improved real which incss5rnecs
small part nj the real value of the property and upon which
loans cannot Ice ohain"d IN cash IN M such prior "ch-
the of subscription offered sy tins to
could be made known we'll the certainty that their
stock will be valuable aud profitable one Inc arc {"
opinion hundreds would he assign their first mortgages
advantageous exchange for themselves hut afford
relief owner, both could hardly fa of obtaining
makes the property that it
be lawfully under the company eharec
Euros by tar unfyorab to the
her bn believed upon receipt of NOR recent accounts in Lon
country. that favorable olhion will BE-
with regard American securities than those upon
the reception of the of;he suspension Of the banks
prospect and within e" months the previous
.h subscription TO the stock OF this
London Bristol doubt vi" be made certain OF accom-
p,hmcni pprehcnsicns oil vi" Ties have subsidized
should be found mpracticab have the full amount OF the
company subscribed aud paid
before the th Of May the commissioners have 10 the determine
proceed organization with such
be actually paid provided not les than sOd0
with their buiuctc remainder the capital being
duly secured be paid IN compliance with their charter until further
received from their agent in London
Will capital paid 81 only >J-GO dvid-nl be made
equal those other companies New York the balance
be paid after hcn secured time. occasion require.
Use requires the subscriptions be made. and the 10
per before the th Of May bonds
b. made II a any time after within GO days.
Thoe companies successful aud best managed paid
l. 80 Ivide and their annual receipts
m averaged from $500 coo 70 100000.
Applications stock of this company be made either Of the
their several places Of residence, he,c Office
81 Nas;rce the President icue, No t2 oadw York
COMMISSIONERS.
Hon. EDWARD ROGERS, VI. c. Madison Madison Co
lion. 4. c. II. SMITH, Fairfield, erkirer Co.
Hon. E. G. MERRlCk, CLAYTON, Jefferson Co
ELIAS GooDSPEED E>q Wini.. Essex Co.
PlAT'T ADAMS, li,q. City OF New York.
BENJ. BtLCfi, E>G do
Hon. CORNELIUS MiSTON, Pean YAM Yate- Co
Hon. BARON :. DOTY, O-icnsbu-y, Lawrence, Co
u. OGDEN. Elmi5a Chemung Co.
CALVIN *. ANfF;II.I. Esq Rouse Paint Citation Co.
Hon. CHARLES HATHAWAY Delhi. Delaware Co.