Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1862-04-05
Fire, islasl ana LIZ. Ins. Agency q |
John l.. sWITs.


Fire, iDlasl ana Lifs Ins. agency 81
John l.. sWIrs.
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ATATDN61NT
OF rHs coxD1fI0x OF THE
Western Massachusetts, lAs. Company
I'M rae FIFTEENTH DAY OF JANUARY,
~ 1869. made 10 the Auditor Of lows pursuant
10 the ststato Of that State entitled A Act to
regulate Insurance Companies not incorporated
by the State Of Iowa.
NAxx And LOCATION.
The name Of the Company il Western Massschu-
sets lnsuranss Con. pany and ID located Ct Pitts
field, Mass.
The amour. Of its capital stockis sl5o.ooo. 90
do do do paid UP Isl. 0oO o.
AssErs.
Cash Of the Company on hasd 1854 so
Cash in the hands Of and due from
agents ls,Sl7.5l
Real estate unincumbered, zone
Personal property 1896 81
The bonds and stocks owned BY the
Company ~ per vouchers accom-
panying now secured and the rate
Of interest thereon, to- wit:
203 shares Pittsfeld Bank $2l,2l0 90
IS do Agricultural Bank 1925 90
80 do Webster do $4,000
30 do Merchants do 3,ooo.'
20 do Adams do V.,0D o.
% do Rochester CITY Bank 2 599 o.
do Lee do 300 90
S do Wadley Falls Dr. 54S.Op
Is do Pittsfeld Coal Gas Bank SIS 70
Total bonds and stocks $44,349 90
Deots due the Company secured by mortgage on
incunbered real estate as per vouchers accom-
panying.
SCHEDULE OF MORTGAGES.
The mortgage of sundry persons and
vie a. per certificate Of u. j.
Tucker s3o.5Co.l0
The mortgage Of sundry persons as
per certificate Of 4. Whiting $500 90
Total mortgages 500, 10000
Debts other wise secured as per vouchers accompa-
Par Val. Mkt Val. Amt loaned
20 shares Pitts.
field Ba'k stock $1,000 1880 $1,000
shares Stock
bridge 4 Pitts
field Railroad
etock 500 $50 500
Total amount loaned above on $500
Accrued interest $4,000
Debts fer premiums, none.
All other securities 64,377.44
Total assets Of the Company 1921 ,2l5.O2
The smount Of liabilities due or
not due to b'ks and other creditors Sl3 10000
Losses adjusted and due, none.
do do not due 1o,l4o.70
do unadjusted s.050.0O
proof 100000
Ali other claims against the Compa-
ny, none, except for small csutin-
gent expenses
Total liabilities s37,l9o.Oo
MISCELLANEOUS.
The greatest amount insured in any one risk,
$4,000.
The reatest amount allowed by tho rule to be in
..sured in any city town or village, SO IS not to
endanger more than $4,000 by aoy one fire in
the judgment of the Agent.
The greatest amount allowed to be insured in any
one block, same rs last answer above.
TheamOunt of its capital or earnings deposited in
any other State 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 q copy is now on file in your Office.
STATE OF MASSACHUSETTS, ca
COUNTY OF BERKSHIRE,
ELL Kellogg, President, and J. e. GoodridQe,
Sec'y of the Western Massachusetts, Insurance
Company being severally sworn depose 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 in
stocks, bonds or in mortgages real estate worth
double the amount for which the same was m ort-
gagged, that tse above described investments nor
any part thereof are made for toe benefit Of any
individual exercising authority in management Of
said Company either as President, Secretary,
Treasurer, Director or otherwise, that the mortea-
ges above described have not been assigned nor in
any manner released 0r impaired by said Company
and that they are the above described officers Of
said Insurance Company. rr,,o
Subscribed and sworn to before me this 9Th
JULIUS ROTHWELL,
Judge Of Supreme Court Of Massachusetts,.
AUDITORS OFFICE, IOWA.
Desmoines, Feb. 4th, 1862
It is hereby certified that on the fourth day Of
February, 1862, sworn statement was flied in
this Office, showing the condition of the Western
Massachusetts, Insurance Csnpsn located at
Pitts6eid, in tire State of Massach usetts on tho
first day of January A. d. 1862, in accordance
with provision of an Act Of tho General Assem-
bly, of the Statelof Iowa, entitled IAN Act in re-
lation to Insurance Companies approved Janua-
~ 28th, 1857, and an Act amendatory thereto, APP
proved te' ruary 9Th, 1858 that said Statement.
shows that said Company IS possessed Of the re-
quisite amount Of capital, and invested as re-
quired by law.
Authorityis thereforeg 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. ID. one thousand
eight hundred and sixty three.
1t is also certified til at John l.. Sw.ts, Esq, Of
Davenport, has been duly appointed by said Com
pany their lawful Agent and Attorney for the Co.
Of Scott. with full power to take risks Of Insur-
ance therein, and to acknowledge service of pro-
cess, as provided by law, upon hi. fling with the
Clerk Of the District Court in and for said coun-
tv, certified copy of the statement on file in
this office l, is further certified that the attached
is a true and correct copy OF the said statement
In testimony whereof, have hereunto set nv
hand and affixed my seal Of Office, this 4;h day
If February, 1862.
TL.Si j. W. CATTELL
mh2l Auditor Of State.