Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1862-06-14

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Phenix Fire lnsurance ConDaDy
ar THl CITY OF BROOKLYN. NEW YoRI
sa 90 h L. DE-, q !sss.'i Z! ~ sss. =
State, passsd Jansasy- sosh, 1851. Hte5
Is. NAME AND LOCATION.
The name Of this Company is "The Phenix FIJI
Brooklyn, county Of Kings, State Of New York.
Y7SF eAY1fAI.s s8
The amount Of it, capital stock in
shares Of Fifty dollars each, all paid
up in cash. 10 Two Hundred Thou
sand Dollars, s7oooooo
Amount Of ssrpla: On hand. first dsy
Of January. 1864, - = 81 1892 5
Total amt Of capital and surplus $7s7, 29s. s
AssErs.
Cash in Bank and on hand $2s,55O1
Real Estate unincumbered owned BY
the Company 1l415
Bonds and Mortgages e per voucher, :
accompanying, being first liens on
property in the cities of Brooklyn
and New York, fnostly dwelling
houses worth in each Case fron 5Oto
100 per cent. more than the amount
loaned, 1s5,so6.5
Loans On demand, secured by pledges
of good Bank and other Corporation
stocks as collateral, the market value
Of which is s7,sss.o
Unpaid Premiums in The course Of col
lection, all considered good, Fire and
Inland Marine 1925
Bills recsivable for premiums on In
land navigation risks 1883 8
InfnPesf IN honda and 1oo ~ ennyro1
but not due, and all drawing at the
rate Of per cent. 6,746.O
Bank and other Corporation stock
owned BY the Company, ~ per fol-
lowing vouchers:
so shares Of Atlantic Bank, MY. $780,
so shares Of Union Ferry Co., Brooklyn,
N. r., $500
I $40 Treasury Notes, 9, 900 each 10000
U. 3. Bonds. sixss, 1861, 1900 ssch
$4,000, at ss1 $4,000
Total present market value 16,720.O
All other securities
Total assets of the Company 1921, 2ss. S
L1AnLlr1Es.
Losses adjusted and due, viz: Fire,
nothing; Inland Navigation, nothing
Losses adjusted and not due, wig: Fire,
nothing; Inland Navi cation. nothing
Losses unadjusted and in suspense,
Inland Navigation, $3.50 90 $4,000
Losses claimed but resisted by the
Company, viz: Fire, nothing; In.
land Navigation, nothing
All other claims against this Company
nothing
Total liabilities $4,000
MISCELLANEOUS.
The greatest amount insured by any
one risk $4,000
The greatest amount allowed by the
rules to be insured in any one city,
town OF village, is not fixed, being
governed by the character of tho
buildings and the facilities for ex-
tinguish;ng fires.
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 its capital OF earnings 70.
ported in any other State, as eecu-
rty for losses therein, nothing.
Tais Company was incorporated under tn
General Insurance Law of the State Of New York
and obtained its Charter or act of Incorporation
Sept. 9th, 1853, an attested copy Of which is o.
flc in the Auditors Office Of the State of Iowa.
STEPHEN CROWELL, President:
PHILAxDsR SHAW, Secretary.
CITY OF NEW York; &C
CoUxTY OF NEW YORK 90
ersonally appeared before me, this seventeenth
day of January, 1862, Stephen Crowell, President
and Philander 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 bes
of their knowledge and belief.
In witness whereof, have hereunto set m,
hand and affixed my official seal, at the city 0
New York, this 18th day Of January, 1862.
LEWIS HURST, Commissioner for Iowa.
AUDITORS OPFICE, IOWA.
DEs MoINss, February 4th, 1862.
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