Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1862-03-21
Fire, lnland aud Life LIS. lgency Of
JOHN l.. SWlT0.
o. TEE CONDITION OF THE
PheDiX Fire Insurance CouDaDy,

Auditor Of Iowa, pursusnt to The statute of that
State, passed January 2Sth, 1857.
xAxs AND LOCATION.
The name Of this Com pany il "Ths Phenix Fire
Insurance Company" and il located in the city Of
Brooklyn, county Of Kings, State Of New York.
CAPITAL.
| The amount Of its capital stock in
| shares Of City dollars each, al paid
| up in cash. il Two Hundred Thou
| sand Dollars, 100000 90
Amount Of surplus on hand, FIRST day
| Of January. 1862, 1929 So
Total amt Of capital and surplus 32e7, 2ss IS
ASSETS.
| Cash in Bank and on hand S2S550l
Real Estate unincumbeHed owned BY
the Company l.lll.53
Bonds and Mortgages - Der voucher.
accompanying, being FIRST liens on
property In the cities Of Brooklyn
and New York, mostly dwelling
houses worth in each c.se FROM so to
100 per cent. more than the amount
| loaned, 1880 so
Loans On demand, secured by pledges
Of good Bank and other Corporation
stocks collateral, the market value
of which 10 1895 90
Unpaid Premiums in the course Of col
lection, all considered good, Fire and
Inland Marine llt26.53
Bills receivable for premiums on In
land navigation lisks IL .383 80
Interest on bonds and loans, accrued
but not due, and all drawing st the
rate Of per cent. $4,000
Bank and other Corporation stock
owned by the Company, Is per fol-
/ lowing vouchers:
| so shares Of Atlantic Bank, MY. 25O0.oO
SO shares Of Union Ferry Co., Brooklyn,
N. v, $4,000
5 8 10 Treasury Notes, q, 900 each 100000
U. 3. Bonds. SKIES, 1867, $1,000 each
$4,000. At $50 $4,000
Total present market value 100000
All other securities
Total assets Of the Company $297, 29s SO
LIABILITIES.
Losses adjusted and due. viz: Fire,
nothing; Inland Navigation, nothing
Losses adjusted and not due,vz Fire,
nothing; Inland Navi sstion, nothing
Losses unsdjusted and in suspense,
awaiting proof, viz: Fire, $7,65O.o0;
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.
Tho greatest amount insured by any
one risk sl5,ooooo
Inc 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 for ex-
tinguish'ng fires.
The greatest amount allowed to be
insured in any one block, is governed
by the ch aracter and construction OF
the same. 50 as t, avoid undue con-
structi0n.
Amount of its capital OF earnings re-.
ported IN any other State, as secu-
rity for losses therein nothing.
This Company was incorporated under the
General ms uranco Law Of the State Of New York,
and obtained its Charter or act Of Incorporation,
Sept. 9Th, 1853, an attested copy Of which is on
file in the Auditors office Of the State Of Iowa.
STEPHEN CKOWELL, President.
PHILAkDBR SHAW, Secretary.
CITY OF NEW YORK.. CO
COUNTY OF New York CO
crsonally appeared before me, this seventeenth
day Of January, 1862, Stephen Crowell, President,
and Philander Shaw, Secretary, Of the Phenix
Fire Insurance Company. of Brooklyn, N. y. and
severally made oath that the above statement by
them subscribed. is correct and true, to the best
Of their knowledge and belief.
In witness whereof, l have hereunto set my
hand and affixed my official SEAL at the city Of
New York, this nth day Of January, 1862.
LEWIS HURST, Commissioner for Iowa.
AUDITORS OFFICE, iowa.
DIS MoINEs, February 4th, 1862. {
1t is hereby certified, that on the fourth dav of
February, 1852, sworn statement was filed in this
office, showing tho condition Of the Phenix Fire
Insurance Company, located at Brooklyn, New
York, on the first day Of January, A. ID. 1862, in
| accordance with provision Of an Act of the Gen
| eral Assembly of the State Of Iowa, entitled IAN
Act in relation t, Insurance Compa MES, approved
January 2sth. 1857, and an Act amendatory there
to, approved February 9th, 1858; that said state.
ment shows that said Company is possessed of tho
requisite amount Of capital, and invested as re-
CURED by law.
Authority is therefore given to the above named
Company to transact business Of Insurance in this
State in accordance with the laws thereof, until
the 3lst day of January, A. d. One thousand
Eight Hundred and sixty Three.
lis also certified, that John l.. Swits, Esq. of
| Davenport, has been duly appointed by said Com
| psny their lawful Agent and Attorney for the
County Of Scott, with full power to take risks Of
| Insurance therein, and to acknowledge service of
process, as provided by law, upon bis fling with
! the Clerk Of tho District Court in and for said
County, q certified copy Of the statement on file
in this Office. 1t is further certified that tn, at
tachcd is true aud correctcopy of the said state
| ment.
In testimony whereof, have hereunto set my
hand and sfi Ied my seal Of Office, this 4th day Of
February, 1862.
| H. s. J. w. CATTELL,
| mch20 Auditor Of State.