Daily Iowa State Democrat. [volume] (Davenport, Iowa) 1856-1859, 1859-03-12
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OF THE CONDITION OF THE
CONTINENTAL INSURANCE CO'NY,
OF THE CITY OF NEW YORK,
On the LIST day OF January, A d 1889, made to the
Au itor 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, aRd located
In the City Of New York.
CAPITAL.
The capital Of said Compa.
ny actually paid up in
cash, is... 100000 90
The surplus on the drst day
ofJsnuary. 1859. 385, 227 SO
Total amount Of capital
ana surplus. .......s S335,227 So
ASSETS.
l. Amount OF cash In bank
S73,217 81; cash on hand
$3.50 l3. 73.467 81
2. Amount OF Cash in hands
OF agents, and in course
OF transmission. ........
3. Amount OF unncumber-
cd real estate owned by
the Company.
1. Amount OF Loans on
bonds and mortgages he.
ing first lien Of record on
unincumbercd real estate
worth at least 81 25O, 900
and on which there Is
less than one years inte-
rest due and owing, In.
terest Z per cent per an.
num-. 557 500 90
5. Amount Of Loans on
bonds and mortg1ges on
which there 10 due more
than one years int rest.
6. Amount Of loans silks
and bonds OF Institutions
incorporated by the State
OF New York, payable
on demand, 1.-THE market
value Of securities pleds'd
being $I33, 252), interest
7per cent per snnum.... $1,000 90
7. Amount Of all Loans
made by the company not
included In preceding
Nems.. --
s. Amsunt Of stocks and
bonds of Institutions in
corporated by the state Of
NV York, owned by the
company. 69,ol2
y. Amount OF interest sctu.
ally due and unpaid, in
GLIDING dividends de-
SISIed.. I6,O7S %
TO- Amount Of premiums
due and uncollected ON
Policies tssuel.. 6q6S G5
IL. Amount of bills recev-
able for premiums.
IL. Amount OF assessments
on the stock OF the Com
pany called in, and due
and unpaif, or Premium
Notes due and unpaid...
ID. Amount due the Com
pany, on which judgm'ts
have been obtained.....
Total Assets......... 4S35, 227 50
LIABILITIES.
I Amount OF losses adjusts
ed, and due and unpaid.
2. Amount OF loses incur.
red, and In process OF ad-
just nent ............... Loo co
3. Amount OF losses report.
ed, on which action
has beentaken........ 43 90
4. Amount Of claims for
losses reSisted by the
Company, including inte-
rest thereon. 1896 81
8. Amount OF dtvidends1
on capital. declared and
due and unpaid. 800 "a
6. Amount OF dividends ( 1slSo 70
on scrip, declared and
unpaid. ..s........
Y. Money borrowed.
8. Another existtns clains
against the Company. 6,220 on
Total amount OF Loss
es, Claims, and Liza.
bilities.............. >1s,7l5 10
The greatest amount insured any one risk IL about
$4,000, but will not Sas . general rule exceed
Is O0O
The Company have no general rule q 20 the .mouss
allowed TO be insured in any city, town, village or
block, Il being the intention Of the Company 10
distribute it, ~ h In such manner as not "a Iose
more thsn ESQ by single Ore.
NO part OF it, Capital or earuings deposited in
any other STATE % secarity for losses therein
An sttested copy OF the Charter or Act Of Incorpo
ration. accompanied prior ststsmant
0TATB OF NEW YORK.
City and County Of New York. "
George I. Hope. President and b. a. Lamport
Secretary Of the Continent,l Insurance Company.
being severaly duly sworn, depose ana say each Tor
himself says, that tne FOREGOING 10 true, full and
correct statement Of the aais OF said Covperaton,
and that they are the above described officers here.
Of
(Sisned) 0D0. T. HOPD, President.
H.H. LAMP0nS, Secretary.
Subscribed and sworn before mo this 9lth day Of
(0gneO y. WILLIAM BUDTnm.
OommissjooW IN Nev York loS the olaae Of Ieva.
Q. q. BLOOD, Asst,
vs6I0 DoveloeTt. lsva.
Doncing AcoAonny.
DAons nol4uDoa - onea = 49, -.
- - = l1e qssses t ~ = 60 - e
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