New-York tribune. [volume] (New-York [N.Y.]) 1841-1842, 1841-04-21
ss,rc. 500 cach.

~ L
share. S10e each. ,r-,ox
-xxrrs cvxr TO BIZ PAID SECURED UPON sVSStAt' 49,
THE of this COMPANY w.'hoas Of New YORK
liberal granted ny as s III he norpora,ed
,here no probability companies WI " nd the Com
are e,irou OF improving the best adv antase Tor TIC
mod Of the pAbIc well Is inat OF ind'duas L,;,o,
In soliciting at,cnion OF Capitalists to ilef p aIop
,hs can recommend them confidence a. having oce
cd after reflection both IN reference to COM of
hIy podt AMI safety: and with Nic~ 20 increase le
,b opbl in til permanent safety OF Investments IN their capital %
pcr TO rgmak tha no pains expense ~I be
- securing honc,, neu business every depart
meat acgri;y and experience wEoe s'aa! a 80.
Will promote and the Interests aud
holders and apply confidence epos IN aera To
ard reckless >pccuiaion-, which past have caused the cow"
fall and banking institutions and all IN M
INTEGRITY even and well meaning men n" are
upon however worthy or useful IN Fca ~
ircts or motives they have 10 accomplish ,
The plans subscription differ from those usually adopted o j
other wards the interest Ut np mart Of the dividends but
- will their respective pro-
oron, of interest well profits derived from tne hs
rance business; cash subscribers deriving ali INC
'h pay c @ State STOCK subscribers the dividends their sub
;ca,yey securing their payments by bonds
are required interest and entitled her
equal proportion profits derived from their 'u
ria, there NAV misunderstanding by the subscribers howcvS
necessary add that although no interest Is ,r %
nary business upon their ~. and
% ,s otherwise mutual companies 10 meet ana
ma - Tnd under any that the amount Of
earned and terminated premiums on hand houI DC @
s zach okbocr, interest tae amount Of such deh-
cheney should be remarked further hat mere Is n'c po
~ ,h occurrence .f the premiums oil every hsu
o. Inc it is conducted pruden,y and where the OH
GERS give business constant attention. WI n, eene
mo-, ONLY all their afford proh Of from To per cent an
nua in addition their capitals which IN other com
int, stock instead OF being paid directly 10 the uo
'b ,mc allowed under the the charter OF
This company completing the subscriptions 20 tner capita"
@ Invitation ON The 5 day Ma, the while their
Subscription books open Until the full amount shall have
been duly subscribed - 80 80, ,,.,,c,, ,,,,,o>,
EXPLANATION OF THE TERMS OF SUBSCRIPTION
In Cash.
can be made usual in other companies for l.
shares, other number required the subscriber Ing
ION his full proportion profits derived from the insurance bust
nc.-subjcct liability OF as usual on mutual c0mpa
mics, and hersinbeorc explained
In Bank. Citg Stais Stocks
be secured by transfer any bank h sn or
AMI which actually worth above ON their books ana
which he purchased for les na par IN s t 'T
both subject the liability to assessments with other sub
IN from to per double upon capital
state stocks Of the Corporation of The C Of New York.
their cash aIkc value the same terms
Iancumbercd Real Estate.
Subscription, ecudby bond and improved :nd unn
either in tie City State OF New York. can be
Such bonds mortgages bearing interest whatever but subc
before provided in common with other up5eef
should be required and PAID the
upon the bond and mortgage payment thereof NJ
payments required from real estate subscribers on ubscp
ton but note 10 per the amount OF the
subscription unit, the bond and mortgage prepared for the iu
amount the subscription note will be cancelled
the preferred be paid in secured by bnl
the bond and mortgage made for the balance OF 20 per cent
The buildings must be insured and the property appraised by three
unde oath who are not Interested directly or md
N the
cate furnished trom the County Clerk
Lpcumbered Real Estate
Persons holding good improved property upon which small
may this CITY State upon obtain
ing the consent holder of the d his inecs
property this in exchange for an equal amount OF
second mortgage up to "ohrs the true value OF
the property security subscriptions this stock for 10
Is and thus obtain an increased loan on ms IN the
By arrangement the holder of the frs, mortgage will not only
pcri but he will gain from to II per cent annually from the profits
the company business and may gain or 10 cent
the value OF the stock upon favorable change Of the money
believed that there IN this city end state many millions OF
of which
part real value the property and which
brances; and subscription offered BY this company
could he made known well the certainty that their
stock will be valuable profitable one OF
opinion that hundreds fret
whereby they would only make
advantageous exchange for themselves but afford great
original both could hardly fail of obtaining
from to l. annually and as the
te makes the property at once uSScUMBE"Ep 20 that
lawfully received under the of the company' charter
The Europe b. the arrivals uniayobe the
completion the full extent OF the negotiations previously made
believed upon receipt of more accounts III Lon
ar with regard those upon
the reception the Of the suspension the banks
for large subscription company
, ~ on1on mr. I,i.tol no doubt will BE- made certain accom-
p,hmcnt will have subsidized
should npracticauc have the full amount the
l of h company subscribed and paid in
5t Of May the the deermn
proceed ~ organization with such amount As m.
at that time actually paid provided less han soO0
with their bunehe reminder Of the capital ber
duly paid compliance with their charter anti turtle
accounts arer received from their IN London.
paid only S000O the dividends can be made
any other companies IN New or the balance
be secured,
The only the subscriptions To be made and the 10
before the 9th May bonds
gcc BE- made GU at any time after within 60 days
Those companies successful and best paid
from dividends and their receipts
mirns averaged from 100000 10 100000.
Applications. stock TIN, company be the
theft eyera places of residence
Waec the President House No l42 Broadway " York
Hon EDWARD ROGERS VI e. g,1;so, Madison r.
Hon. 4. C. H. SMITH. Fairfield Herkimer Co.
Hon. f.. c. HERRlCK, Clayton. Jefferson Co.
ELIAS GOODSPEED Esq. Wilmington. Essex Co.
PLATT ADAMS, Esq City of New-iork.
BEN. BALCH. ESQ., do do
Hon. CORNELIUS MASTON. Pcan Yam. Yates Co.
Hon. BARON 5. DoTf, orden-burg, st Lawrence Co
NJ OGDEN. Elmira Chemung Co.
CALVIN n AVERll.L. Esq. Rouse's Point Clinton CO.
Hon. CHARLES HATHAWAY. Delhi, Delaware Co.
Hon. BENZ. P. JOHNSON Rome, Oneida Co.
relative this NTH City
York. viii prompt addressed BALcB
81 Wal-,;ree- NewYork, AprI L., l5iI. |
Blink Noa md othn-