Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1860-06-27

vV'esferss .Mssssehssaetts
lnssronce Company. Of Pitts6eld, Nasa
WILLIAM ALLEN, Agent,
- nmce No. ~, lie Claire Row, ID 8
jan s0-dtf.
- II - II u M n N II.
CONDITION UF TIE AFFAIRS
American ExchsJge Fire IDsura1cs
COW p ANY,
OF TIE CITY OF NEW YORK,
} 'Os TIE PlRsr DAT o. JASuARY, 1860,
Made to the Auditor of the State of Iona, puyn.
ant TO the Insurance Lars Of that state.
MANI AND LOCATION.
Exchange Fire Iusarance COmpa W
and II is located in the city Of New York, coun
. ~ AMI STATE Of New Yok, at No. lis Broad
way, in said city.
CAPITAL.
1913. The smount Of its Capital Stock
in shares Of one hundred dollars
:. each, all paid up in cash, Is two hua-
dred thousand dollars. ............3 $500 OOO. 90
Amount Of Surplus, Jan. l, $780,. 1885,, Is
Total amount Of capital and surplus, s2ss, e5l.7s
!. Cash on hand. l90535
Ca.h on depoeit in the United
States Trust Company, of New
York, drawing Interest,". $4,000
Cash II the American Ex. Bank, 2,S3e,7l
,. Real estate unincu q. Oered, .... none
g. Bonds owned by the Company, none
Except these secured BY NORGE
ges on real estate, bonds and
Mortgages a. per vouchers
compsnying, being marked Alb,
being first liens On property ia
the cities Of New York BROOK
Ign, n. T., mostly dwelling
houses VOL th, in each case. not
less t. IN 81 per cent. more than
theamount ioa ned, and, in neas-
ly every case, m ~ til N double
the Am 'uut loaned. ........ 1886 j 90. 90
S. iH:e.est accrued, bat net due on
the above,... ..s......-.... 4,36s.1l
9. Amount Of premiums due :nd
unpaid, L. 81
!. All other property belonging 70
the Company. 90
Total ammount Of Assets, ........ .ss0s, ssI.7s
LIABILITIES.
5. The amount Of liabilities dusor not
due IN banks or other creditors, BY
this Company, .................. none
p Losses a. listed And dse,. none.
7. Losses sdjusted and nos due. none
). Losses reported una listed, ...... $500. 90
>. Losses in 81 p nse, sslting for fur
her proof, none
10. All other claims against the Com.
peny,.. none.
AIscsLLAHDoUs..
IL. The greatest amount insured in any one risk
geseralIy, $is,OO0.
u. Tne greatest amount allowed BY the rules Of
the Company to b insured in any ore city,
town CT village, is not fixed, being governed By
the character Of the buildings, and the facilities
for extiaguishing fires.
Is. The greatest amount allowed to be insured in
any one block, 10 governed BY the character Of
the hsaArd the construction Of the buildings,
with view 10 avoid undue CONSERVATION.
II. The Act Ct Incorporation. The Company Vas
incorporated under the General Insur.oce Law
of the State Of New York, and obtained its
Charte, on the ssth day Of February, 1855, IN
atGested copy Of which accompanies the state
ment.
A written Instrument under the seal Of this
Company, signed by the President and Secretary,
suthosising any agent 70 aeknowledRe service Of
process, for and in behalf Of the Company, - Se-
quired by statute, accompanies this statement.
STATE OF NEW YORK..
j
Ssmuei Brown, President, and James \. Batss,
Secretary Of the "Americaa Exch Anse Fire Insus
ance Comp.ny," 70 me personally kno~n, osing
severally ali med and sworn, dep0ss sLd ~ thst
the foregoing is true, full and correct stateDses
Of the Affairs Of . id Company; that the said In
surancs CompAny 10 the bona ode owner Of q
lea-t one hundred thou.and dollars Of essh capt.
tai. inverted in mortgages on uaincu0bsrsd Fsal
estate worth q least doub the a.ourt for ~ eh
the same is morteagsd, that NE shove dsscsibeA
investments. NOR any part thereof, are = De for
the benefit u any individual sxsreising aatho:iey
il tie mAnag msns Of said Company, either =
President, ecr-tary. Treasurer Uirsetlr or Other
wise; that the mortgages sbove described have
not been assigned NOR In sny nassse re:sassd q
inpsirej BY sid Company; sd hat they ass he
abovs-dsssrihsd Discern q said Csnpany.
SAMUEL BROwS, Prssidsas.
JAS. n. BATES. soerstasy.
Sworn and s0msd = before -, this 1esA Day Of
March, 4. y. l5sc.
ISL Witnss my had aed 81:
ALLEN RUTHERFORD,
Commissionef fox the State Of Iowa, n n. Ysk.
AupsFon's O1Sscs, lovAl
Dies MOines, April llth, 1851
TT Is HEREBY CERTIFIED, fAas % The llsh
j day Of April, 1850, sworn sestsosss was fled
in this oibes, shoviae he eeaditios o. he Anse
&c AZ ExcaAsG8 Fils lxsURAScB to1PAHY. joee-
ted q New York, IN the STATE II New Hoes, q
the first lay Of January. isee, in sesosdases viii
the Provisions u - Act Of the 0sDevAl .sssm-
by Il the Sssss q losa, sssitlsa IA Act in
relstios 70 ssarsass Co0pasies." approved Jsss-
ary sBsh 1851 aad - Ars smsa istOry shsssse, sp-
proved February s.h, 1855; thss nd stsesosst
- to at s.io compasy possssssdef Tie Fsqss-
ite amount Of capital, ssd Invested - fsqoiFo6
By Law.
Authority 10 therefore given 70 the above NAMED
Compaay 20 traa-aci bssioes Of is>arascs 10 this
state in accyrdasce VIII the isvs thereof sntil
the 3lst day Of January, A. y. 1881.
" il also certified that EDvix Far, Of Dav-
sopost, has been ouly appointed BY said Con-
pAny their l,~fal Agent and Attorney fvr the
. univ Of Scott, With full pyver 70 take risks
Of Insurance therein, and = sckeswseAse sssviss
Of process, - provided y lss, spoa his Glisg
Win The Clerk Of the District Coars. in and fcs
ss.l ~unt,, esrr6ed copy 81 the stasso- Mt .
1ls in this once. Is i farth1 sossi1ed that The
ss'aehed 10 . tsus asd ees - 49, q he said
s1Aie0eos.
II TnsInoMv Wsnan,1. havs hsssn1D sssay
haaa aaa aGze6 ~ asal = s9Sav snts lith ~
Nv. cAfr8LL
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