Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1862-06-19

OXAT06100U
OF I'm CONDITION. OF rHD
PheniX fire Insurance Cenpau
lOFTHA CITY or BROOKLYN. NEW YoR
~ o. the let dag of Jassaey, 1864, nade 3
Anditor Il Iowa. Passaant = tie stetute az q
State, passed January 28th, 1857.
HAMB AID LOCATION.
The name Of this Company 10 "Ths Phen;, ?,
Insurance Company" and i located in tie citv
6eooklyb, county Il KiaSs, State II New York
CAPITAL.
The amount Of il capital stock In
shares OF 6fty dollars each, al paid
up in cash. 10 Two Hundred Thou.
4 sand ;,olloFs 42oO no
Amoont Of surplus on hand, first day s'''
Of Jannary 1852, 1880
Total amt Of capital and surplu. 32o7 .29s
ASSETS.
Cash In Baak and On hand essso
Rel Estate unineanbsFsd owned By
the Company LA
Bonds and Mortgages - per voucher
accompanying, being first liens on
properly in the cities of Brooklyn
and New Ysrk, lnostly dwelling
houses worth in each case from 50 70
100 per cent. more than the amount
loaned, ls5s0s-
Loans on demand, secured by pledges
Of good Bank and other Corporation
stocks as coilsteral, the market value
Of which 10 37.Sc5
Unpaid Premiums in the course Of COL '
lection, all considered good, Fire and
Inland Marine 1863
Bills receivable for premiums on In
land navigation risks 1883
Interest on bonds and loans, accrued
but not due, and al drawing & the
rate Of per cent 6,7l6.
Bank and other Corporation stock
| owned BY the Company, asper fol-
lowing vouchers:
so shares of Atlantic Bank, MY. $500.
80 shares Of Union Ferry Co., Brooklyn,
Is I $40 Treasury Notes, q, 900 each 5000 5000.
U. =. Bonds, SKIES, 1857, $1,000 each
| $4,000, At Ss1z $40,
Total present market value 1920.
All other securities
Total assets Of the Company 1927 zoe.
LIABILITIES.
Losses adjusted and due, Wig: Fire,
nothing; Inlsnd Navigation, nothing
Losses adjusted and not due, viz: Fire,
nothing, Inland Navi .stion. nothing
| Losses unadju and in suspense,
awaiting proof, viz: Fire, 81, $50. 90;
Inland Navigation, $4,000 6,4oo.
Losses claimed but resisted by the
Company, viz Fire, nothing; In.
land Navigation, nothing
All other claims against this Company
nothing
Total liabilities Ss.4oo.
MISCELLANEOUS.
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 tho character Of tho
buildings and the facilities for ex-
tingush;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-
structien.
Amount Of its capital OF earnings re-.
ported 10 any other State, as secu-
rity for losses therein, nothing.
This Company was incorporated under Il
General It's urance Law Of the State Of New Yor
and obtained its Charter or act of Incorporate
Sept. 9th, 1853, an attested copy of which is
fle in the Auditors Office Of the State of Iowa.
STEPHEN CROWELL, President.
PHILAKDlR SHAW, Secretary.
CITY OF NEW YORK., CO
CoUSrY or NEW YORK
PERSONALITY appeared before me, this seventeen
| day of January, 1852, Stephen Crowell, Presidel
| and Philander Shaw, Secretary, Of tho Phen
Fire Insurance Company, Of Brooklyn, N. Y. .,
severallv made oath that the above statement
them subscribed, is correct and true, to the be
Of their knowledge and belief.
In witness whereof, have hereunto set q