Sioux City register. [volume] (Sioux City, Iowa) 1858-1871, 1859-11-05
STATE MENT

sTATEMENT
nF THE condition Of the MetrOpOlit N
~ Insurance Com pany OF the CITY of New
York. on the first day May, 1869 being the period
u the last regular semi annual statement Of said
Company made to the Secretary of state of tn.
State Of Iowa, pursuant to the Statutes Of snid
State
The name Of the Company Is The Metropolitan
Fire Insurance Company" located In the city of
New York, in the State of New York.
CAPITAL
The amount of authorized Capital..... $500 900 o.
Amount paid up in CASH .............. 3Oo,OJO 90
AsSEsfs,
Cash on hand in ofacr......... 1861 20
- Metropolitan
Bank. 5,Sll 30
Cash on hand in Merchants
Exchange Bank. ass u 49, s6 70
In hands OF and due from agents...... 1000 W
keai Estate. ACKNOWLEDGEMENTS. Meme
Bonds held by the Company.... None
Interest due this day on Boni and Mort
taSe,... ..................... 1901 -
Debts due the Company secured by
Mortgage on unincumhered real es-
tate, worth in every case, fifty per
cent. above tn. amount for which
the same Is held as security by this
tompsny, and 81 50 900 thereof snd
upwards. being on Real Estate,
worth in each case, double the
amount for which the same is held
as security by this Company-all
being seven per cent interest. ..... 224,l5U -
Debts otherwise secured by stocks and
interest thereon. :........... lI,2ls 80
Debts tor Premiums. consisting of un.
paid City Premiums. 1901 50
other securities OBSERVATION-DISCLOSURES. $500 90
- $3yo,27s IS
Amount Of Liabilities due Banks and
other treditoTs.. None.
Losses adjust and due.... None
- not due....., None.
unadjusted, not exceeding. 1900 90
IN suspense resisted i........... $500 %
All other claims .............. None.
MISCELLANEOUS.
The greatest amount Insured on ono risk il 500.
ooa; on Storage Stores, In New York, usually not
more than SlO,0oo
Gross amount If Premiums received in the State
of Iowa Tor the year ending July LIST, 1859 Market
value OF stock 10 per cent. Dividends declared the
past year II per cent. Character Of tie Company
sent herewith:
STATE or NEW YORK, 9,
City and County Of New York. s.
James i.orimer Graham, President. and Edward
A. Stansbury, Secretary Of the Metropolitan Fire
Insurance Company Of the City Of New York, being
teyeraly sworn depose and say, that the foregoing
Is true full and correct statement OF the affairs OF
said Company, ~ the same on the first day Of
May, 1853; that the said Insurance COMPANY Is the
bona fde owner Of At least Three Hundred Tbous-
and Dollars of actual cash capital invested In Mort
cages Real Estate, according to the laws of the
State Of New York, whereof at least one hundred
and nifty Thousand dollars are upon Real kstat~,
worth double the amount for which the same Is
mortysged.
(~) Suhscrhed and sworn TO thi. thirtisth
L. 5. SdAy Of August, 1859 betor. me
(o-) ALLAN RUTHERFORD
Commissioner for the state of Iowa, In New York.
JAMES LoRlMEk GRAHAM, Prsst.
T. A. SrANshuRf. Secy,
SrarI OF Iowa, AupIroR's OrrICR
Des Moines. sept. 18th, 1852 I
1t II hereby ce tilted that on the 18th day Of sep
tember, 1889, statement fled In this othce,
showing the condition Of the metropolitan Fire In
surance Company Of New York Cky, State Of New
York. on the first day Of May, 1859, In accordance
with the provisions OF act Of the Legislature OF
this State passed January U.s. 1887 that such state
msnt shows that said Company IL possessed Of the
requisite Smount 81 capital, and invested rsQuir
cd In said Act,
Authority is therefore given to the above named
Mstropolifsn Fire Insurance Company to transact
al business 81 Insurance in this State In accordance
with tn. Laws thereof
1t Is also titled that John II. Charles, ESQ Of
Sioux city, has been duly appointed by said Conpa
ny their lawful Attorney and Agent for Sioux City
vicinity with full power to take risks Of Insurance
thereon and TO service al process upon
bis flinga certified copy Of the allotment fled In this
ONCE it'll the Clerk ~ the District Court In and for
said county. II IL further certified that the annex.
ed b true copy Of the required statement.
(-) In testimony whereof, have harsunto
/. s. set my hand aud afhsed my sssl u oaleo
~ this 18th day Of September. 1850
octl3 J. W. CATTEI.L, Auditor Of Iowa.