Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1862-03-22
- II a II II M II NJ II

OF THE CONDITION or
1hs Niagara Fire Insurance Co.
IN THE Dist DAY OF DECEMBER, 1861,
~ made to tho Auditor of the State Of Iowa.
NAME AND LOCATION.
lst The name Of the Company is The Niagara
Fire Insurance Company, aud is located in tho
city Of Now York.
ID The amount Of its capital stock is 100000
I'd. do do do paid up 100000
lth.--1. Cash on hand and
Bank l23S395
Cash in hands of
Agents and other
persons, 1925
- 2o,3S62l
2. Real Estate unencumbered,
3. Bonds and Stocks owned by
Company, as per schedule
"a" so
4. Debts duo the Company Sc
cured by Mortgages, as per
Sohedule"B," 2l6,55O
S. Debts otherwise secured, IS
per Schedule &C., 5000
8. Debts for premiums, $3.50
Z. All other securities, ~ per
Schedule 3D. s,S5o.l7
Total Assets of tho Company, S2s7,l3lss
LIABILITIES.
5th.-The amount of Liabilities due
or not due to Banks or other sredi-
tors,
6th.-Losses adjusted and dne,
7th.-Losses adjus and not due,
Sth.-Losscs unadj listed,
Sth.-Losses in suspense, waiting l5,e2A.21
for further proof,
10th.-All other claims against the
Company, 5000
Total Liabilities, sl9,724.N
MISCELLANEOUS.
uth.-The greatest amount insured in any
risk, or allowed to DO insured in any one block
ordinarily $4,000.
l2th.-The dividend, or dividends, declared and
paid during the past pear, $4,000.
lSth,-The Act Of Incorporation, already fur
nished.
S S1aa,E .. Of m! NEW Wy, YORK. IS.
Jonathan d. Steele, President, and Peter Not
man, Secretary, Of tho Niagara Fire Insurance
Company, being severaIly sworn, deposs and say,
and each for himself says, that tho foregoing is q
full, true and correct statement Of the affairs of
said Company; that the said Insurance Company
10 the bona fde owner Of 1t least One Hundred
and Fifty Thousand Dollars Of Actual Cash Capt.
tai, invested in Stocks and Bonds or in Mortgag cs
anincumbered Real Estate worth double the
amounts Tor which the same is mortgsged; that
neither tho above described investments, any
part thereof, are made for the benefit of any ndi-
vidual exercising authority in the management OF
said Company; that the Mortgages above de-
seribed have not been assigned, nor 10 any manner
released Or impaired by tho said Company, and
that they are the above described officers Of the
isiso.d I JONATHAN D. STEELE, p,..'.,
r. NoTMAN, Secretary.
Subscribed and sworn before me at tho city Of
New York, this eighteenth day of January,
1862, by each Of the above named deponents.
THos. l.. THOKNELL,
Notary Public for the City Of New York.
AUDITORS OFFICE, IOWA, |
Des Moines, February let, 1862.
It's hereby certified, that on tho 1st day Of
February, 1852, sworn statement was filed in
this ofhee showing the condition Of the Niagara
ERE Insurance Company, located 1T New 1Org
City, in the State Of New York, on tho LIST day Of
January, A. D., 1862, in accordance with provis-
Ion OF an Act Of the General Assembly Of the
state OF Iowa. entitled "An Act in relation to
lnsurance Companies" approved January 18th,
1891. and an act amendatory thereto, approved
FEBRUARY sth, ls5S; that said statement shows
that said Company is possessed of the requisite
amount of capital, and invested as required BY
Law.
Authority is therefore given to the above
named Company to transact business of lnsur-
ancs in this State in accordance with the laws
thereof, until the 3lst day If January, A. D..
one thousand eight hundred and sixty three.
It 10 also certified that JnO. L. Swits, of Da.
venport, has been duly appointed by said Com.
pany their lawful agent and Attorney for the
County Of Scot, Win full power to take risks
Of Insurance therein, and to acknowledge service
Of process. IS provided BY Law, upor his 6ics
With the Clerk Of the District Court in and for
said County. certified copy Of the statement on
ME IN this Office. lis farther certified that The
attached 10 true and correct copy Of the said
statement.
In testimony whereof, have hersunto sst my
Ae3d and am ssd ny seal Of olics, this fret DAY
II February, lss2.
81 J.W.CATTELL,
Auditor 1t State.