The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1858-03-10

Holders, Jan LIST, and Feb 10
Dividend to Stockholders to be 'f'''"O W
paid Feb. 10th, 1858. 7s47714
reserved to cover estimated losses
| and bad debts ............. go ono M
Prem on Risks not yet expired. 32O.lh0 90
| Undivided Stockholders Dyidd
FUND OF last year, &c.......... 1850
The amount set apart as Scrip Div s-'-'O''@o's
idend being q, the profit is 1895 431 al
| we recommend therefore Scrip
Dividend of Is per cent on the
| Sl,55O 900, estimated as termi.
mated without loss which will
amount to................... 232 10000
m Leaving an undivided balance Of s2Qs1 Al
There is to credit of the Stockhol- $4,000 S-'i'fi
ders an undivided balance of
last years profits .........,,. 81 s311 10
10 which We carry of the net
proht OF this year........... 7s,47714 ssos1127
We recommend, therefore, cash dividend of
per cent to be paid out of this fund to Stock
hoiueis, which Will amount to. ....... $40 OO0 90
Leaving an undivided balance Off, s311 o.
TO the President and Directors of the aren't Ins,tr
IMdrtne) Insurance Company: ~
The undersigned Committee apponted bv vorr hod
eHe tle accounts, and report upon the financial
cohdltlon OF your Company have saw that tbay bo
compared the books, with the condensed stataan' b
suDmltted, and ind them to correspond accurately
Ihey nave also examined the loans made on bonds on
mortgages and on stock collaterals find them most
amply secured ~ HA must
In regard to the Bills Receivable your Committee have
made an estimate of such suspended and the
same at 1867 which have valued at s3 10 or at
also thlnk proper to call the attention of the Board
to the nature of our Bills Receivable in which we consde
consists the great strength of Company they have on
being the 10th day of March
we therefore recommend that the dividend on the stool
and the interest the scrip be paid ACCORDING to TIC
statement submitted and after the 10th day of Feb
ana that the new scrip be issued and after June
All of which is respectfully submitted
JAMES Bernhard !
ADRIAN ISELIN, (Committae
H. F. SPAULDING,
on motion, this report unanimously accanto5 or,
adopted by the Board of Directors ~
DOUGLAS ROBINSON,
Great Western Buildings Jan 90 1858
DIRECTORS
W. C. PICKERSGILL, of W c. Pickerseiu & 20
:. T. T. :, 4S IMSyi of Rowland & Aspinwa
CALDWELL of Robert Caldwell & Co
John ALLEN, of Hopkins, Allen 4 Co
W NM, 4; G IJIIl of Williams & Guion.
THOS. RICHARDSON, of T. Richardson 4 "a
g g9tLN +; BROWN, of Brown 4 De Bossett
A. LACHAISE of Iachaise Fauche & Co.
MAS n DABNEY, of Duncan Sherman Co
N MN L9ESGHlGK, of LOeschigk, Wessendonk Co.
GhO; GKISMOI4D JR ofN l.. l. g. Griswod
SAM'L D. BABCOCK, of Babcock Bros & Co
L. H. BRIGHAM, of Brigham & Parsons
CiAS STRECKER, of Kunkelmann & Srecker
2 " 3 S Sn B EtI T, of Brown Bros & Co
WM G. LAHE Of W 05 sPaHHi 6hn roil Fuller
R Foi SPEEDING, of SPEEDING Howe
SAM'L BATES, of Stone & Co
y ~ D. JOHNSTON of Boorman, Johnston & Co.
WIN NJ EvARTS of Butler, Evarts 4 Southmead
T. LAHENS, of J. Iahens & Co.
GEO BLISS, of Phelps, Bliss & Co
q SAS. T. SOFTER President Bank of the Republic
T. =, e. s5r SAMPSON n Of Sampson Baldwin
JAMES Bernhard, of Bernhard & Hutton
fk II k q GERHARD, of Schuchardt & Gerhard
>. LEATCRAFT, of Leaycraft & Co.
SAML. B: CALDWELL, of Brewer Caldwell
GEo' w HENNlNGS of Hennngs, Muller & Gesling
Et5 4; rREHH0LM Of Jno Fraser Co.. Charleston Sc
President.
RICHARD LATHERs.
Vice President
JOHN A. PARKER.
I'd Vice-President
JAMES F. cox
DOUGLAS ROBINSON
'rea' western IN Buildings Nos SO and IS Pine street
foot, once Commercial Buildings,
80 u corner Gay and Lombard SITS
OFFICE OF THE SUN MUTUAL IN
" SURANCE COMPANY
NEW YORK, Ocr 80 1857
d, THE TIL FOLLOWING STATEMENT OF THE AFFAIRS
ements OF the 10th section of Act of its inconora
remums on unexpired risks Oct 4th 1885, 1895 ose 40
r EN- inns received during the year ending Oct
IN Marine Risks. ..........$l2 4941
IN Inland Navigation and Trans
po''a'ioh hsks' ''''.'''.... 1O95758O 1888 O7O5I
70 Fire Risks taken since Nov.
1855, when the New Orleans
Agency was discontinued
Total amount of Premiums. s1,71s 1850
armed Premiums during the year ending AZ
AL aforesaid re,n 81 4O3 SO59
A'. '''''''''''.......... 99,64656
Net Earned Premiums a. ana $40 o.
Losses during the same period - ~-''''
n Marine Risks, (less Sayings1
n Ind Navigation and Trans
portation Risks. ............ % S4Oe7
s1,OO7 s44eA
expenses during the year,. 34750OS
e assurances during the year 95,849n
1ls7 ,e4si
Net Profits. ...''................. s16571476
ne ASSETS of the Company on the 4tb 81
October, 1857, were follows viz
cal Estate and Bonds and Mortgages saos mn m
ocks' Loans on Stocks, Accrued Interest
on BONDS and Mortgages Loans and Rents
que on Real Estate, Salvages &C.. oso 400 90
Is Receivable ''''''''''''''''.'.''.. 139,7O4,l4
'emium Accounts not vet Collected 1S'eos on
mp OF sundry Insurance Companies esti-
mated @''''.'' rs, 62s SO
sl,73O, 794l6
The Board of Trustees hav this day directed that NV
END OF Interest to LIST November 1857 be declared of
TEX GENT on the outstanding Scrip of the Companv
yable on the I'd of November next
That dividend of TWELVE PER CENT in scrip 70
dealers OF the Company their Terminated Premiums
the past year, be issued on and after the lar Of f
xt that the remaining portion the Unredeemed Scy
1851, be paid in Cash, after the LIST of Ianna
at $7s ZIG be added to the former RESERVE ana
eTe6y maSlSg sad Capital to TWELVE HUN
NED THOUSAND DOLLARS. '
BY order of the Board
SoHN WHITEHEAD, Secretary
Z. OLIVER 0'DONNEIJ
fao2 auo Agent in Baltimore,
81 Exchange Place
JAGE'S PATENT
PORTABLE SAW MILL
~, PORTABLE STEAM ENGINES
Ihese Engines are of four different sizes two of them
TWO Enthusiastically PORTABLE and easily
ny our or SIX horses, according the state of the
as, oelhg mochted on strong and substantial wheels
= aer Engines are adapted to all purposes of the
aton as saving, grinding, ginning of cotton thresh
& &C. Inc Two largest Engines DETACHED; the
ners, smoke stack &c, being mounted strong
ostantial wheels can be removed any where with team
. OF 8 horses NO BRICK WORK Is REQUIRED TO PUT
ZEN IN FULL OPERATION One of the two smallest
rtaoe Engines is Of 10 horse power. the other s. both
well adapted for the purposes before enumerated
llch should recommend them planters and farmers "a
Is obviously their interest to have such labor sav;no
chnery their plantations, and in their negbborhood
they are arranged to be exempt from all dange
fire. The three Largest Engines can saw from 0o6 70
900 feet of lumber per day according to its respective
e. - 'N'PNNH'S
PIS s, n WIS ZOE PLANTATION PURPOSES