Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1860-02-23
STATE NJ Mt

or the Missouri State Mutual. Fire and Marine
Insurance Company. of Saint Louis
January l, 1860.
1.-The name Of this Company is the IS Mis-.
souri, State Mutual Fire and Marine In.
curance Company Of Saint Louis. rhc
principal Once o. the Company is located in the
city Of Saint Louis. The Company insurcs against
loss damage by fire The Marine Department
has not been organised.
2.-The Company has no Capital Stock subscribe
cd ~ such, being organized entirely On the Mutu-
al system. Tho Premium Notes given by tho as
surcd, constitute the Capital Of the Company.
3.-Ten per cent. Of each Premium Note is paid
when tho Policy is issued. The balance Of tho
note is subject to calls assessments, TO be madc
by the Board Of Directors as needed to pay losses
and sxr eneses.
4.-fhe Assets Of tho Company are
Cash on hand. ....................... 9I535
Duo BY AGENTS.. ................... 7.5I2 81
OHice Furniture. 10000
Premium Notes, less Assessmcnts... .35l ,3s27s
Gross Assets, .............. $3.50, 1909
The face Of the Premium Notes Of the Compa-
ny is four hundred and sixty thousand five hum
dred and fifteen dollars and sixteen cents $780,
5l5.16). Of which there is uncallsd, and subject
to call, fer tho payment Of losses and expenses.
the sum Of three hundred and fifteen thousand
three hundred and eighty two dollars and seyon-
ty-six cents, l5,3s276).
By the ninth section Of the Charter, lien is
oil Premium Notes given to the Company for In
suraLce on buildings. The face Of the Premium
Notes thus secured on real estate, is two hundred
and ffty-two thousand seven hundred and TWEEN
ty fsur dollars and twenty-f, cents 252, 724.26,
Of which there is uncallcd and subject to call,
over eighty Ono per cent, and amounting to one
hundred and ninety six thousand ono hundred and
sixty. nino dollars and fifty cents.
This company 10 possessed Of capital Of more
than ono hundred thousand dollars, secured by
etat nf oah 01uaN
least five times the amount Of said capital, ard
not oncumbered TO more than one-half Of said
cash valuation.
5.-This company owes nothing to
banks.
Closes adjusted and due-Noxx.
7.-Losyss adjusted and not due,... &2,3I2.03
S.-Losscs unadjusted NONE.
CLOSES in SUSPENSE. 1900 90
l0.-Bills payable. 100000
Total Liabilities. s l43I2o3
Gross assets. 360,3l0.42
$a45,sss.s9
Leaves net cspitsr and assets three hundred
and foFty-6ve thousand nine hundred and ninety
eight dollars and thirty-nine GEMS, (Sl5,gsS.aS.)
1.-THE greatest amount allowed by charter in
any one risk, is ten thousand d0llan.
l3.-No limit 10 fred BY Charter or Bylaws to
the smouut Of Insurance in any ono town, but
care is taken TO limit the amount in any one ex-
posture 70 ten thousand dollars.
'I3.-No limit il fxed BY Charter or Bylaws TO
the amount OF Insurance BY this Company in any
enc blo.k but il taken, - in No. u preceding
IA copy Of the Act Of Incorporation Of this
Company, and Amendments thereto, BY tho Leg
islature Of Missouri, wss filed with the Statement
Of March lst 1855. in the once Of the Auditor Of
State Of Iowa. and il hereby inferred TO- and made
part Of this statement -
In WrTmEss WHsnBO1, The Missouri STATE Eutu-
ualepics and Marine Insurance Company, hayo
caused these presents TO b siGssd BY their
tsstasion Of their Secretary, to be hereunto af-
6xed. in tie city Of Saint Louis, this First day
Of Jsnusry, Eighteen Hundred and Sixty.
isl B. y. ED0ELI,, Pfemdent.
Attest r. 8. ELLIOTT, Secretary.
STATE OF MIsSOURIl
CouxrY OF Sr. LoCIs.
on this ninetesnth day Of January, Eighteen
Hundred and Sixty, before me The un1ersigne1.a
Comnissoser, duly commissionsd and quali6ed
to take depesitions ssd acknovlsdgmeats Of decde
10 b. used and recorded in the State Of Iowa.
s:ne stsphsa =. Edesll. known % me = - Prss-
tho Secretary Of tho Missouri State MsssaI Rirs
md Marine lnsurancs Company d st. Louis, Who
beinG b. ne duly sworn, on their oaths declare
that the foregoing statement Of the condition a
aid Company, 10 true and correct, to the best Of
their knowledge and belief.
8. n. EDGRLL, President.
r. s. ELLIOTT, 6seSstesy.
Sworn 70 and subscribed before me, On the mise.
tenth day Of Jassasy, 1ightsen Hundpo1 and
Sixty. A witness ny hand, oGcial eel, & ~
once, IN he city q 81 Louis, Missond,
(L.s.I CHARLES h. TlLLSON.
Coamisslonsr u Dseds fcs lows, in Nino1ri.
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