Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1862-06-21
fire, 1nls1l - LAs lns. agency Of
JOHN L.. HWiTs.


O H LIZ ~ 1T
|a07 ! - ~ - 1iIdrr1ull11I91yTJ
or TIE CONDITION OF rHI
PheDtx fire lneurance Conpau
OFTHE CITY OF BROOKLYN, NEW YoR
~ % ths lss dsy .sf Jeaaasy, 1854, ssde . 1
Auditor OK love, pasansnt e the statute II Ii
Snte, passed JsaaaIy 18th, 1857.
NAME AND LOCATION.
The name of this Company is "The Phenix F;
Insurance Company" and is located in the citv
Brooklyn, county Of Kings, State Of New York.
u Il 81 a - cAF1rAS.ta " 40 -
The amount Of its capital stock in
shares Of Fifty dollars each, all paid
up in cash. is Two Hundred Thou
sand :iollAfs, 5000. 900
Amount Of surPlu: on hand. int day
Of yanaary 1882, 1920
Total amt OF capital and surplus 1927 ,2y9.
ASSETS.
Cash in Bank and on band $ $3.50.
the Company 11n
Bonds and Mortgages q per voucher,
accompanying, being first liens on
property in the cities of Brooklyn
and New York, mostly dwelling
houses worth in each c.se from SOTO
100 per cent. more than the amount
loaned, 1s5.S06.
Loans ON demand. secured BY pledges
Of good Bank and other Corporation
stocks as collateral, the market value
Of which 10 37.Sc5
Unpaid Premiums in the course Of col
lection, all considered good, Fire and
Inland Marine 1885.
Bills receivable for premiums on In
land navigation risks IL 1888
Interest on bonds and loans, accrued
but not due, and all drawing It the
rate Of Z per cent. 6,746.
Bank and other Corporation stock
owned by tho Company, Is per fol-
lowing vouchers:
so shares Of Atlantic Bank, N. Y. $500.
50 shares Of Union Ferry Co., Brooklyn,
N. ", $3.50.
5 Z s-lo Treasury Notes, 81, 900 each 5000.
o. i. Bonds. SKIES, 1867, 81, 600 each
$4,000, at S61 s,47O,
Total present market value 1920.
All other securities
Total assets Of the Company $297, 299.
LIAnLITIBs.
Losses adjusted and due. viz: Fire,
nothing; Inland Navigation, nothing
Losses adjusted and not due,vi Fire,
",
Losses unadjusted and in suspense,
awaiting proof, viz: Fire, $7,650.00;
Inland Nsvigation, $3.50 90 $500.
Losses claimed but resisted by the
Company, viz Fire, nothing; In.
land Navigation, nothing
All other claims against this Company
nothinS ~
Total liabilities $500.
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 or village, is not fixed, being
governed by the character Of the
buildings and the facilities Tor 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-
structiOn.
Amount Of its capital or earnings re.
ported in any other state, as secu-
rity for losses therein. nothing.
This Company was lnct rporated under I
General lns urauce Law Of the State Of New Yo
and obtained its Charter or act of Incorporate,
Sept. 9th, 1853, an attested copy Of which is
iile in tho Auditors Office of the State Of Iowa
PHILANDBR SHAW, Secretary.
CITY OF NEW York; &C
COUNTY OF NEW YORK
lersonally appeared before me, this seventeen
day of January, 1862, Stephen Crowell, Preside
and Phiiander Shaw, Secretary, of the PheI
Fire Insurance Company, of Brooklyn, n. T.. a
severaly made oath that the above statement
them subscribed, is correct and true, to the b
Of their knowledge and belief.
In witness whereof, l have hereunto set l
hand and affixed my official seal, at the city
New York, this 18th day of January, 1862.
LEWIS HURST, Commissioner for Iowa
AUDITORS OFFICE, IOWA
DEs MONIES, February 4th, 1862.
It il hereby certified, that the fourth day
February, 1862, sworn statement was filed in Il
Office, showing the condition of the Phenix F
Insurance Company, located at Brooklyn, n
York, on the first day Of January, A. d. 1862,
accordance with provision Of an Act of the lie
| eral Assembly Of the State Of Iowa, entitled I"
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