The Cecil Whig., 1850-11-23
Third Annual Report
OF Tue Mutual FIRE INSURANCE CoaPA-
NY OF CECIL County

ny OF EClL IOChTY
In obedience to the requirements of the
Act Of Incorporation The President OH be-
tall 1t the B ard Of Managers, submits to
the consideration Of the members the fol-
lowing as their Third Annual Report
The Managers take great pleasure in
reporting steady increas, IN the business
and interests Of The company during the
past year as the following s,atrmen, will
exhibit
The amount of the insured or taxable
value oil the property remaining on tue
books Of the company at the ds,e OF our
Ias' Annual Report was S75S,s6l
And the premium notes en- file
in he office OF the company
amounted TO Sl7,54l,32
During the past year we have
added property to the insur-
ed or ,axable value OF $lR,l3l
And premium notes thereon
TO the amount ot $3S, 81
The amount Of deductions
proper to be made at this An.
nual Meeting for alt~ra,i ms,
Withdrawals &c, ~ from the
insured or tsxab.r value $40, $50
From the Premium Notes SO
Leaving o. the Books Of the
company at this date, proper
ty 10 the Insured ur Taxable
y3iUe OF $3.50 ,y22
And premium notes on file
in the Office uf the company
to ,h- anoun, OF S2l,ll3,03
In addition 10 thrs+ ainuuh Q, there are
now LAYING upon the Secretary s table ad-
dtioual Applications for poiici to be is
sued un IL the adjournment OF this Annu.
al NJ Q !ug suiiicirnt Ia swell the Insured
or Taxable value of property rutrred and
| TO be entered above tn. suaa nl $500, 900,
and Judging irrm the increase of every
previous year we may fairly estimate
that at the mkt annual meeting the taxa
bic value Of property on our books, Wi!
exceed the amount OF s 100000.
rhe ,ucraas- tor the past vear hus rri
almost wholly from cur o9n county.
about $4,000 from property in the adj
Joining county Of Hdltora and one aingle
survey in Chester county Pennsylvania
belonging 10 a citizen OF our own State
being the only exceptions. The mama
gers would n this connection refer TO the
suggestions made in their last report with
regard TO the caution proper to be obscr'-
ed in taking risks upon property heyond
the limits OF our own State, and would re-
commend adherence to the policy hereto
to!e pursued! in this particular
The statement submitted by our Trra.
surrr exhibits the following account OF the
pc ecunlary affairs of the company Debts.
Bslance remaining IN the
haads OF the Treasurer a, the
date OF the last annual report, $942 So
Amount since received tor
Interest, upon the premium
notes 0! members up to thus
date lllT. a
Credits $4,000
By this amount invested on
Bond and Mortgage by order
Of th- Board OF Managers on
tn. Odd OF August 1919. $1,000
BY B. Krauss Bill paid per
OF der OF the Board $3.50
BY r. X. & p G. Collins Bill
for printing
" Anual Report l9i9, $500
F." 800 blank premium mates. $3.50
" 10 auires OF blank applications, $500
" 700 circular notes, $l,00
Cash paid for dictionary pos
tage and freight on the above
packages, $500
Marshbank & CsntweIl's bill
for desk and case tor books
and papers OF company, $ll,60
Henry Vandertord's bill for
advertising in Cecil Democrat
tor lS4S, $l7,50
P I. kicketts bill for Cecil
Wing 1913, $3.50
Cash paid one quarters rent Of
ofEicr due June 2b:h 1850, $8,75
BY amount paid E. H Gale 4
s. r Gale, tor injury to heir
dwelling by FIRE, per order OF
EY om,nltite, $3.50
By cash paid A. X. Nelson,
for pa,a'ng sign, $l,25
By allowance for counterfeit
note received on the day Of
the Annual Meeting where it
was impossible to examine the
notes received with accuracy, $500
By amount oi Trrasurers' sal
alv per resolution ol last Ar
nual Meeting S125,0o
$l209,l0
Balance in the hands OF Trea-
surpr, $3.50 so
The interest payable at this
annual meeting is $l266,7S
OF the interest due and paya-
hlp At the last annual meeting,