Daily Iowa State Democrat. [volume] (Davenport, Iowa) 1856-1859, 1859-03-10


or THE CONDITION OF THE
CONTINENTAL INSURANCE CO'NY,
OF THE CITY CT NEW YORK,
On the 1st day OF January, A d 1859, made TO the
Au !Or Of the State OF Iowa. pursuant to the Stat
ute OF said state.
NAME AND LOCATION.
The name of this Company is the Continental Insu-
rance Company incorporated in 1852, asd located
10 the City Of New York.
CAPITAL.
The capital Of said Compa-
ny actually paid up in
cash, is......... ..$soo,000 90
The surplus on the hrst dry
ofJanuary 1859. a85, 227 SO
Total amount Of capital
ana surplus ......... $335,227 50
ASSETS.
l Amount OF cash in bank,
$18,217 81; &C sh on hand
$3.50 13................ 10 lG7 o.
2. Amount OF Cash in hands
OF agents, and in course
of Transmission. ........
y. Amount Of unncumter-
cd real estate owned by
the Company.
4. Amount OF Loans on
bonds and MORTGAGES, he.
ing FIRST lien OF rec ord on
unncumbered real estate
wor h at least 81 $50 900
and on which there is
less than enc years nte-
rest due and owing, In.
terest Z per cent per an.
num-. .................. 557 500 90
5. Amount OF Loans on
bonds and m0rtg1grs on
which there Is due more
than ono years int rest
6. Amount OF loans on st'ks
and DO hds OF Ins titutons
incorporated by the State
Of New York, payable
on demand, 1.-THE market
value Of securities pledGd
being $l33, 2s2), interest
1per cent per annum..s. $1,000 90
Z. Amount Of all Loans
made by the company not
Included IN preceding
items.
5. Amsunt Of AtOcks and
bonds of Institutions in
corporated / y the State Of
NV York, owned by the
company. S9.91C
.. Amount OF interest actu.
ally due and unpaid, in
GLIDING dividends de-
claTed. l6,O7S 80
III. Amount OF premiums
due and uncollected
Policies issued. 596s G5
II. Amount OF bills receiv-
Aole for premiums. $3.50.
IL. Amount OF assessments
on the stock OF the Com
paDy called in, and due
and unpaid, or Premium
Notes due and unpAid...
ID. Amount due the Com
pany, on which judgmtS
have been obtained....
Total Assets.......... $s35, 50
LIABILITIES.
! Amount Of losses adjust.
ed, and due and unpaid.
2. Amount OF Losses incur
red, and IN process OF adj.
uStnent .....s......... 1.40O co
B. Amou At OF losses report.
ed, on which no action
has been taken.......... AZ 90
4. Amount Of claims for
losses resisted by the
Company, including inte-
rest thereon. .......... 1896 60
s. Amount OF dividencsl
on capital. declared and
due and unpaid...... ,,.e no
6. Amount OF dividends A'i"o 'N
on scrip, declared and
unpaid. ..............J
7. Money borrowed.
8. Allother existing claims
against the 0ompany... 6,22O OF
Total am 3unt Of LOSS
es, Claims, and Liza.
bilities.. S16,745 70
The greasest amount insured on any risk is about
xpOOO, but Will not iss . general rule exceed
Is, goo
The Company have general rule Is to the amount
allowe to be insured In any city, town village. or
block, It being the intention Of the Company to
distribute its RI. Ks in such a. NOT to lose
mere man IS 900 by . single IRE.
No part OF Its Capital earuings are deposited in
any other State IS secarity for losses therein
An attested copy Of the Charter or Act Of Incorpo
ration accompanied prior statement.
0TATx OF NEW York.
City and County OF New York
George !. Hope, President and n. h. Lamport. |
secretary of the Continental Insurance Company, |
being severally duly swoYn oppose ana say each for
himself says that TIE foregoing Is = true, foil and
correct statement Of the Affairs Of said Copper atom,
and that they the above descrih ed officers here
d.
(Signed) GEO. + HOPE, President.
H. II. LAMPORT, Secretary.
Subscribed and sworn before me this Gath day Of |
January. A d 1859
(jgned) N. WILLIAM BUofBRD.
In Nev York for the STATE OF iowa.
c. G. BLOOD, Asst,
v~.s Davenport. Iva.
Dancing Academy.
DRo1. nODIN10N has csaasd HI Dsseiag AeaA- |
s0y - ~ 0efmaa 1heatss. d whie1 49, 10 /