The weekly north Iowa times. [volume] (McGregor, Iowa) 1857-1867, 1860-02-15
STATEMENT

OF the condition OF the NIAGARA FIRE INsuR.
~ ANcE COMPANY, of the City of New York, on
the first day of January 1860, in conformity with the
laws Of the State of Iowa.
NAME AND LOCATION.
The name Of this Company is The Niagara Fire
Insurance Company and is located in the City Of
New York.
CAPITAL
The amount of its capital stock all
paid up in cash, 100000
The surplus on the first day of Janu-
airy, 1850, 1O4,o1s
Total amount OF capital andsurplus. SS04,Ols
Cash in bank and on hand, $5,s2s rs
6 in the hands Of agents or other
Real estate unncumbered, owned by
the Company, None.
Bonds and mortgages on real estate,
all first liens valued. at S424. 300, 218, $50 90
Loans on stocks and bonds payable
on demand, made on securities Of
the market value of $53,04l, $3.50 IS
Unpaid premiums in the course Of
collection, 1903 9S
Interest on bonds and loans, accrued.
hu. not due, 7,2e1yoo
Bonds or stocks owned by the Company
COST. MARKET VAL.
lone New York City,
Revenue bond up. ct. 1000 $4,000
2-Seven Brooklyn City
Water loan per cent 1000 1000
3-seven Hudson River
r. Il. first mortgage
bonds 7 per cent int. 10000 10000
Total present market value, 1880 90
Total assets of the Company, 1904 S55 Is
Losses adjusted and due, None
Losses incurred and in process OF ad-
justment 1856, 81
Losses reported on which no action
has been taken, 500, 90
Losses claimed, but resisted by. tn.
Company, Mono
Total liabilities, 636 81
The greatest amt insured on any one
risk, ordinarily $40 900 90
The Company has general rule As
to the amount OF insurance in any
one block, town city, these de-
pending on circumstances.
Deposits in any other States, as secu-
rity for losses therein, None
The charter Of said Company already
The market value Of its stock $50 per cent.
Dividends declared and paid for 1857, $40, 900.
JONATHAN d. STEELE. President.
LEWIS G. IRVING, Secretary.
City OF New York, lss
County of New York,
Per onaly appeared before me- this eleventh day OF
January, 1850, Jonathan d. Steele, President, and
Lewis e. Irving, Secretary of the Niagara Fire Insur
ance Company of the City of New York and several.
~ made oath that the above statement, by them sub
scrhed is correct and true to the best Of their know
edge and belief TIIOs. l.. THORNELL
Commissioner for the State Of Iowa In New York.
AUDITORS OFFICE Iowa.
Des Moines, January %, 1860.
Whereas the Niagara Fire Insurance Company, To-
&c u. We" orA oity, ia the state or New York, has
hied IN his office sworn statement of it's csndon on
the first day of January, 1860 in accordance with the
PROVISIONS of an Act of the General Assembly of the
State Of Iowa, entitled can Act in relation to Insur
ance Companies" approved January 2sth, 1857, and
an Act amendatory thereto, approved February 9th,
1898 and whereas said statement shows that said
insurance Company Is possessed Of the requisite
amount of capital invested required by said acts -
Therefore, in pursuance Of law, /, j. W: CArrELL,
Auditor OF State do hereby certify that said Niagara
insurance Company Is authorized to transact the
business OF Insurance in this State by agents properly
appointed, and authorized to acknowledge service of
process for and on behalf of said Company IS requr
1851. "
IN TESTIMONY WHEREOF, have hereunto sub
IL. B. scribed my name and affixed the seal of my
office, this 23d day of January, 1860.
y. w. CAlTELL, Auditor Of State.
NJ. NOBLEY, agent, Nc Gregor.
Fab Ia o6Ow2