Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1862-04-05
Fire Ialall al ElIs I,s. Agency q
John L.swlrs.


Auditoe Of Iowa. psrssant 70 ths ssatats II tia
STATE, passed January 9Sth, 1891.
NANs AND LOCATION.
The name Of this Company 10 "Ths Phsnix Fir
surance Company" and IL located in the city o
Brooklyn, county Of Kings, State Of New York.
CAPITAL.
The amount Of its capital stock in
shares Of City dollars esch, all paid
up in cash. 10 Two Hundred Thou
saad s,ollars, 100000 0.
Amount Of surplus on hand, first day
Of January. 1862, 972S9 81
Total amt Of capital and surplus 3297 ,2ys. s.
ASSETS.
Cash In Bank and on hand & 2s55o.1:
Real Estate unincumbered owned By
the Company l,l4l.5:
Bonds and Mortgages - Der voucher,
accompanying, being 6rst liens on
property in the cities OF Brooklyn
and New York, lnostIy dwelling
houses worth In each c.ss from 5Oto
100 per cent. more than the amouAt
loaned, ls5, 81
Loans on demand. secured By pledges
Of good Bank and other Corporation
stocks a. collateral, the market value
Of which il 1885 on
Unpaid Premiums in the course Of col
lection, all considered good, Fire and
Inland Marine 1926:
bliIS Hcco1vADlo lOr premiums on An.
land navigation lisks 1883 s.
Interest on bonds and loans, accrued
but not due, and all drawing ct the
rate Of per cent. 6,746 .0t
Bank and other Corporation stock
owned BY the Company, ~ per fol-
lowing vouchers:
80 shares Of Atlantic Bank, Y. 25O0. Ol
80 shares Of Union Ferry Co., Brooklyn,
N. ". $1,000
5 s-lo Treasury Notes, $1,000 each 5,oOo.ot
$4,000, At ssX s,47oo o.
Total present market value 1920. OF
All other securities
Total assets Of tho Company s2M, 2ss 5:
LIABILITIES.
Losses adjusted and due. viz: Fire,
nothing; Inland Navigation, nothing
Leases adjusted and not ue, wig Fire,
nothing; Inland Navi ystion. nothing
Losses uDadjusted and in suspense,
awaiting proof, viz: Fire, 81, $1,000;
Inland Navigation, $3.50 90 $500. OF
Losses claimed but resisted by the
Company, yis Fire, nothing; In.
land Navigation, nothing
All other claims against this Company
nothing
Total liabilities ss.4oo.0t
MISCELLANEOUS.
Tho greatest amount insured by any
ono risk $l5,000.0(
The grestest amount allowed by the
rules to be insured in any one city,
town or village, is not fixed, being
governed by tho character Of the
buildings and the facilities FOR ex-
tinguish;ng fires.
Tho greatest amount allowed to DO
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, rs secu-
rity for losses therein, nothing.
This 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, M attested copy Of which is Of
Gle in the Auditors Office Of the State of Iowa.
STEPHEN CKOWELL, President.
PHILANDlR SHAW, Secretary.
CITY OF NEW York; GO
County OF NEW YORK CO.
personally appeared before me, this seventeenth
day Of January, 1852, Stephen Crowell, President
and Phi!ander Shaw, Secretary, Of tho Pheni,
Fro Insurance Company, Of Brooklyn, n. Y. an,
severally made oath that tho 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 tho city O
New York, this 18th day Of January, 1869.
LEWIS HURST, Commissioner for Iowa.
AUDITORS OFFICE, IOWA.,
DEs MONIES, February 4th, 1862.
1t il hereby certified, that on the fourth day o
February, 1862, a sworn statement was filed in thi
office, showing the condition Of the Phenix Fir
insurance Company, located at Brooklyn, New
York, on the first day Of January, A. d. 1862, il
accordance with provision Of an Act of the Gen
eral Assembly Of tho State of Iowa, entitled "A,
Act in relation t, Insurance Companies" approves
January 7Sth, 1857, and IN Act amendatory there
to, approved February 9th, 1853; that said state
ment shows that said Company is possessed of tn
requisite amount Of capital, and invested Is re-
quired BY law.
Authority is therefore gwen to the above nance
Company to transact business Of Insurance in thi
State in accordance with the laws th ereof, unit
tho 3lst day Of January, A. D. One Thoussn,
Eight Hundred and sixty Three.
|. is also certified, that John L. Swits, Esq. o
Davenport, has been duly appointed by said Con
pany their lawful Agent and Attorney for th
County Of Scott, with full power to take risks Q
Insurance therein, and to acknowledge service q
process, as provided by law, upon bis fling Wit
the Clerk Of the District Court in and for sal
County, . certified copy Of tho statement on I'll
in this Office. 1t is further certified that tn ii
tachcd is true aud correctcopy Of the said state
mont.
In testimony whereof, / have hereunto set m
hand and sff red my seal Of Office, this 4th day Q
February, 1852.
II. g. j. W. CATTELL,
mch2o Auditor of State.