Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1862-05-07
st a II Il M r. II
OF THE CONDITION OF
The Niagara Fire Insurance Co.

ST a II II M EN- II
OF THE CONDITION OF
Ths Niagara Fire Insurance Co.
~ THE slsT DAY OF DECEMBER, 1861,
" made to the Auditor of the State of Iowa.
NAME AND LOCATION.
LIST. The name Of the Company is The Niagara
Fire Insurance Company, and is located in the
city of New York.
I'd. The amount Of its capital stock is 100000
Sd. do do do paid up 100000
4th.-1. Cash on hand and
Cash in hands Of
Agents and other
persons, 1852 Is
2. Real Estate unencumbered,
3. Bonds and Stocks owned by
Company, as per Schedule
GA" 34sa7.5o
4. Debts due the Company Sc
cured by Mortgages, as per
schedule"B," 21e.55o
5. Debts otherwise secured, as
per Schedule &C." $500
6. Debts for premiums, $3.50
Z. All other securities, as per
Schedule"D," 8.s5ol7
Total Assets of the Company, $2S7,l3l.sS
LIABILITIES.
5th.-The amount OF Liabilities due
or not due to Banks or other eredi-
tors,
6th.-I.osses adjusted and due,
7th.-Losses adjusted and not due,
8th.-Losses unadj usted,
9th.-Losses in suspense, waiting 15,S24.H
for further proof,
10th other claims against the
Company, 5000
Total Liabilities, sls,724.27
MISCELLANEOUS.
1lth.-The greatest amount insured in any one
risk, or allowed to be insured in any one block
ordinarily $4,000.
12th.-The dividend, or dividends, declared and
paid during the past pear, $40 900.
lSth,--The Act Of incorporation, already fur
nished.
STATE STATE .. Of Nm SE Wy YORK. IS.
Jonathan D. Steele, President. and Peter Not
man, Secretary, Of the Niagara Fire Insur nee
Company, being severa'ly sworn, depose and say,
aud each for himself says, that the foregoing is
fu !, true and correct statement Of the affairs Of
said Company: that the said Insurance Cons any
is the bona /ide owner Of at least One Hundred
snd Fifty Thousand Dollars of Actual Cash Capt.
tal invested in stocks and Bonds or in Mortg Is
amounts Tor which the same is mortg aged; that
neither the above described investments, nor any
part thereof, made for the benefit OF any indi-
vidual exercising authority in the management OF
said Company that the Mortgages above de-
ecrbed have not been assigned, nor in any manner
released or impaired BY the said Company, and
that they are tho above described officers Of the
fsiened] JONATHAN D. STEELE, Pre.'.,
r. NorNAN, Secretary.
O. .L.A k~fo Al
New York, this eighteenth day Of January,
1862, by each Of the above named Opponents.
THos. L. THOkNRLL,
Notary Public for the City Of New York.
AUDITORS OFFICE, IOWA, !
Des Moines, February lst, 1862.
It is hereby certified, that on the LIST day Of
February, 1861, . sworn statement vas filed 10
this Office. showing the condition Of the Niagan
Fire Insurance Company, located 1t New Yorg
City, in the State of New Y.rk, on the LIST day Of
January, A. d., 1862. in accordance with provis-
ion Of IN Act Of tho General Assembly Of the
State of Iowa, entitled IAN Act in relation TO
Insurance Companies" approved January 18th,
1857. and an act amendAtory thereto, approved
February 9th. 1883; that said statement shows
that said Company 10 possessed Of the requisite
amount Of capital, and invested - required by
Law.
Authority is therefore given to the shove
named Company to transact business of Insur-
ancs in this State In accordance with the laws
| thereof, until the 3lst day Of January, A. D.,
one thousand eiaht hundred and sixty-three.
1t 10 also certified that Jno. l.. Swits, Of De-.
venport, has besn duly appointed BY said Com
psny their lawful Agent and Attorney for the
Couosy Of Scot, .ith full power to take risss
Of insurance therein, and to acknowledge service
Of process, - provided By Law, upor his 6lirg
With the Clerk Of the District Court in and for
said County. certified copy Of the statement %
i a. = T. IN Il l.
attached 10 true and correct copy Of tie said
statement.
In testimony whereof, havs hsrsunto cot nv
hand and af6sed my seal Of once, this hrst day
Of February, lss3.
IL 81 W.OATfELL, IS
IArlgrE Auditor Of state.
DAn etLYsnx, eput
0asah 10lhs