New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-08-20

ss Ga a. he directed following requiOn to the Com
On the M Soy S The value Of the
To ne P1SsiSsHi and Directors Of the Waree Insurance
have Carefully examined the report of the Commissioners
Amounted BY to investigate the affairs of your Company
Tbey report the value scue, and other property
held the Company to be which Tsosr , s
statute authorize Company 70 transact business in the City
ooSs1 .cbed 10 the report has satisfied me that the APP
as too high Seventy hive lots At Mye 6n ao:aee a
them good security This property must be rejected for the
& st that S tho
inquiry hs; p PIogs y 5ssS Sson a.
Myrtle Him. place. earD which ia unknown 20
the citizen. Of Rochester Deducting this mortgage, would
There are some other pieces ofpropey which think
valued TOO high The Tge Tract. Of land in "a CogbR
the in Clinton County have come to the conclusion
extent Of their vaue according the best information can OBJ
tain .,.,,r. ,.0u,red 20 make m the cspal Of the
Comp.py 10 $50 90 IN pursuance 2h section chapter
A Lave q 2 BY 9I ,sess, hs ri. so hs c cS OF
securities to be approved by the ss,d far max
ing the eASDih'''0" anu s. E. CHURCH, Controller
On the 2h day Of February 1882 the Commissioners adj
dressed the Controller as "NswYoRK, Feb u.s. 1889
gov CHuRcH On further inquiry to the value oft5e
Heights s VIE s seue Sud
f o oSS The balance $1,000 will bo paid in
hpl the upon this lis, Sss "nd ~ perhaps
snn I'm With the Insurance law Vim you inform
whether this vii meet your appreciation prrrou
P' John RAYMOND"
"Hon f. CHURCH: think that in examining the assets
their and that after throwing out the Roehs.
amount Of Sll7O0 and respectfully ask you 70 review
nv 10 fSi.e in cash s3 within thirty days from service othe
ORDER This to just towards the Company ana the
do net find any order of the Controller non his requi
ton the Company for the payment o. SSoo out S s
port Of Commissioners With the testimony Of Richard l.
payment the sum Of nesd $50 OOO BY the stock
holders the requOn the Controller on hle in this De-
following copy Of aid report which does not appear
to have been made under C 9Th. ., Nan. vo,k
obedience your order and appointment we have
available Of the Company $1,000 The Securities held
amount and still OF the opinion that securities held
by Insurance Companies in this city better more safe
Today has been satisfactorily proved that y deficiency
b tS e. Gse P s c Ss AND
the Company ha: in eash absolutely belonging to Pd in ~
amount required by the Statute now full which entitled the
Company it, basins and beng free nom debt We
believe to be sound and safe as any Company In this city
81" s s f RRlTFdE Commissioner
"JOHN RAYMOND,}
When the Controllers requsitOn made upon the Com
70 Compel pa, men, by the and only
S s@d tTSSd r.. s ess where the
n refuse or neglect 70 pay up @ os the he prpDo
tonase Of stock issue certificates for the amount
deficient capital which In this was finally liked at
pany gave their stockholders the option TO pay Per
cent cah their stock or forfeit MY Per cent ana 10 this
and by the threat Of taking PROCEEDINGS to dissolve the
Company up sair, the Directors eguary com
peeodns to The testimony Of the Secretary outstanding
stock to and leaving only 800 Of the old stock unsu
ind from the testimony present capital and assets Of
the Company consist Of the following items;
BoSDs AND MORTGAGES o at Nassau Heiyh near Ne'
torn Queens County. mostly 25xl 0 feet edch:
No. l. Mortgage Of Thomas Curan on thirty two oo -
pS SS 90 90
No ill., The sans on thirty one lots 5000 o.
No IL The same 5000 60
No vi The same on ta enty one lots 5000
No. VII. Bond and mortgage of Emma 81. Sitter $40 ~.
No TX The same on .wentys six los 5000 90
No. Bond and mortgage Of William Daniorh on o M
No XII The same on fourteen lots aOOO 90
twenty i've lots ,.............. 5000 90
one husdrs and ihiitJ lOi 90
for II 600, originally covering all Of the above lots,
cemy 1 ny pee s so I tSSn o. aO
gages on lOts st "Nassau Heights" .......s67da
BoSDs AND MORTGAGES on Property IL ne Io0H Of
. Buektoen, in Caitarau0Hs County
No; XIV; Bond and mortgage Of Frederick " Tan on
lots Noe. II and Is T ? II T. and lot No % II, X 2,
iity two acres Of isnd %
No XVI Bond and morg,ge Of Martin II. Beebe for
Sl0.72T on lot No "a 7. l. r. I, and lot No 49, X.
to- not delivered ssiSC 5s27 90
No. XVII bond and mortgage Of Hen ~ O'G1dy
ing Sc 40 sara 10
taning 80 i acres. .'s on 10. NO slss
ing So 40 as '.e On 70. w. ~ 'OD'' 67aa
No AN. Bond aud mortgage Of Michael Ryan lot
,-.lu are 90
iut ss7 '..e On 10. ~ H. = se 90
No. XIII Partial assignment Of bonds and mortgages
OF. Baldwin aud Jas A. Appleby covering the same
and other premises In the OF Buektooh, and being
prior lien 10 the above mortgages but to be- enforced
only asans, the land. covered by tbs above mort.
ACKNOWLEDGEMENTS, p05SZ6