Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1862-06-30

oT At HN6ECrr
OF rHE CONDITION. OF rHs
Western MaSsac husettS lne. Con~.,

- AVA A00X
OF THE CONDITION OF rHE
Western Massa chusetts Inc. Csnpany
nN THE FIFTEENTH DAY OF JANUARY
~ 1862. made 70 the Auditor Of Iowa pursuan,
to the statute Of that State entitled An Act 10
regulate Insurance Conmpanies not incorporate
BY the State OF Iowa.
NAME AND LOCATION.
The name Of the Company is Western Ma..achu-
sets Insurance Conpany,and is located at Pitts
field, Mass.
CAPITAL.
The amount of its capital s,ockis $4,000. cC
do do do paidup 1906 0.
Cash Of the Company on hasd $7,s34.6G
Cash in the hands Of and due from
agents 16,3l7.5l
Real estate unincumbered, none.
Personal property 1850. 4.
The bonds and stocks owned by tho
Company as per vouchers accom-
panying now secured and the rate
of interest thereon, to- wit:
ao3 shares Pitts field Bank S2l,2l0OC
25 do Agricultural Bank $500
30 do Webster do 10000
80 do Merchants do 5000, Q
10 do Adams do 5000 Oh
% do Rochester City Bank 1889 0C
8 do Lee do $40 &C
5 do WadIey Falls d. 5000
Is do Pittsfeld Coal Gas Bank SIS 100
Total bonds and stocks S44,349 90
DeOts due the Company secured by mortgage on
incumbered real estate - pec vouchers accOm-
panying.
SCHEDULE OF MORTGAGES.
The mortgage of sundry persons and
vie as per certificate of q. J.
Tucker s3o5oo. 90
The mortgage Of sundry persons as
per certificate Of X. Whiting $4,000. 90
Total mortgages sss,soO 90
Debts otherwise sscured as per vouchers accompa-
nying, viz:
Par Val. Mkt Val. Amt loaned
= field sSii s.'k ! stock $1,000 $3.50 $1,000
shares Stock
bridge Pitts
field Railroad
stock 500 $50 500
Total amount loaned above On $500
Accrued in crest 9,e50.C0
Debts fer premiums, none.
All other securities s4s77.44
Total assets Of the Company 1922, 2l5.O2
The smount of liabilities duo or
not due to b'ks and other creditors $i3, 10000
Losses adjusted and due, none.
do unadjusted $780, 90
do in suspense waiting for further
proof 5000. 0O
Ali other claims against the Compa-
ny, none, except for small csutln-
gent expenses.
Total liabilities s37,l9O. OC
MISCELLANEOUS.
The greatest amount insured in any one risk
10000.
The reatest amount allowed by the rule to be in
sured il any city town or village, so not to
endanger more than S., 900 by any ono ERE in
the judgment Of the Agent.
The greatest amount allowed to lie insured in any
one block, same as last answer above.
The amount of its capital or earnings deposited in
any other State as security for losses therein
naming them with the amount in each and
whether such Company transact any business Of
insurance in said State or States, none.
The Charter or Act Of Incorporation Of said Com
pany; copy is now on file in your office.
STATE OF MASSACHUSETTS,, g
COUNTY OF BERKSHIRE, %
E. H. Kellogg, President, and }. G. Goodridge
Sec'y OF the Western Massachusetts, Insurance
Company being severally sworn deposc and say
that the foregoing is full, true and correct
statement Of the affairs of the said Company
that the said Insurance Company Is
the bona fde owner Of at least one hundred thou
sand dollars Of actual cash capital invested il
stocks, bonds or in mortgages Oh real estate worth
double the amount for which tho same III 1rt.
gagged, that tae above described investments mol
any part thereof are made for toe benefit of any
individual exercising authority in management Of
said Company either as President, Secretary
Treasurer, Director otherwise, that the mortga
ges above described bave not been assigned nor il
any manner released OF impaired by said Company
and that they are the above described officers Of
said Insurance Company.
lSignedl +. h. KELLOGG, Prest
Subscribed and sworn to before me this 9Th
day Of January, 1862.
JULIUS ROTHWELL,
Judge Of Supreme Court Of Massachusetts,.