Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1862-06-16

o. rHE CONDITION OF rHR
| Phenix fire ll&urance Cenpau,
|OrTHE CITY OF BROOKLYN, NEW YoRl
~ on the lst ds1 Of Janaasy, 1861. nade n q
tAudispe u Lees, pafsuant u the ststute cf IA,
ssss, r.sssA J.asary 18th. 1857. -
| ~ xAxs AND LOCATION.
The name Of this Company is "The Pheuix Fl
| Insurance Company" and il located il the citv
Brooklyn, county Of Kings, State Of New York.
4 7rG rgg I 81 cArtsA@h III nc
The amount Of its capital stock in
shares OF Fifty dollars each, all paid
up in cash. il Two Hundred Thou
sand ;'o!I.rs, $4,000
q hi.ao: 3d., 1929
| Total amt Of capital and surplus 1927 .2se !!
| ASSETS.
Cash in Bank and on hand 1850,
the Company wee LII.
accompanying, being first liens on
| property in the cities of BROOKLYN
/ and New York, Tnostly dwelling
| houses worth in each case from 30 TO
| 100 per cont more than the amount
| loaned, ls5.so6. :!
Loans on demand. secured By pledges
Of good Bank and other Corporation
| stocks as collateral, the market value
| of which is 37.as57
Unpaid PfemiulnI in the eoure Of 81 II
lection, al considered good, Fire and
| Inland Marine 1925.
Bills receivable for premiums on In
land navigation risks 1888
| Interest on bonds and loa ns, accrued
| but not due, and all drawing ct the
rate Of Z per cent; IT,. ssE,er s,74s.t
Bank snd other Corporation stock
| owned by the Company, ~ per fol-
lowing vouchers:
so shares OF Atlantic Bank, n. Y. o.5ao.(
so shares Of Union Ferry Co., Brooklyn,
n. ", $500
: a;lg Treasury Notes; Z, ,0 s.s zach seso.t
$4,000, at Ss1z $500
Total present market value 16,720C
| All other securities
Total assets Of the Company $297, 30. ;!
LIABiLITIxs. na
Losses adjusted and due, viz: Fire,
nothing; Inland Navigation, nothing
Losses adjusted ana not due,vix: Fire,
nothing; Inland Navi ration. nothing
Losses unadjus.ed and in suspense,
awaiting proof, viz: Fire, s., $4,000;
| Inland Navigation, $3.50 90 s,4o0.l
Losses claimed bu. resisted by the
Company, viz Fire, nothing; In.
land Navigation, nothing
| All other claims against this Company
| nothing
- 80 =
Total liabilities ss,4oo.t
MISCELLANEOUS.
The greatest amount insured By any
one risk $l5n00.f
The greatest amount allowed by the
| rules to be insured in any one city,
town or village, is not fixed, being
governed BY the character Of the
buildings and the facilities for ex-
tingush; ing hses.
The greatest amount allowed to be
insured in any one block. is governed
by the character and construction Of
the same, so as t. avoid undue con-
structien.
Amount Of it's capital or earnings re-
ported . any other STATE, AZ secu-
| rity for losses therein, nothing.
This Company was ctrporated under III
General Insurance Law Of The State Of New Yor
and obtained its Charter or act OF Incorporatio
| Sept. 9Th, 1913, an attested copy of which is &
| file in the Auditors Office Of the State Of Iowa
STEPHEN CKOWELI., President.
| PHILASDsR SHAW, Secretary.
CITY OF NEW YORK, &C
| County OF new York
personally appeared before me,this seventeen,
| day of January, 1852, Stephen Crowell Presiden
and Phiiander Shaw, Secretary, Of the Pheni
Fire Insurance Company, of Brooklyn, n. Y :. an
| severally made oath that the above statement b
| them subscribed, is correct and true, to the be-
| Of their knowledge and belief.
In witness whereof, l have hereunto set n
hand and affixed my official seal, at the city
New York, this 18th day of January, 1862.
LEWIS HURST, Commissioner for Iowa.