Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1862-05-30
Fire, Inland And Life Ins. Agency Of
JOHN l.. sWlTS.

0VATW0610
OF rHE CONDITION OF rnI
Phonix Fire Insurance CenpaDy
INFTHE CITY OF BROOKLYN. NEW YORE
~ on the LIST day Of January, 1862, made to ID
Auditor Of Iowa, Pursuant 70 the statute Of tha
State, passed January 28th, 1887.
| NAME AND LOCATION.
The name Of this Company is 1.-THE Phenix n,
Insurance Company" and is located in the city I
Brooklyn, county Of Kings, State of New York.
| CAPITAL.
The amount Of its capital stock in
shares of fifty dollars each, all paid
up in cash. is Two Hundred Thou
sand Dollars, s7oo.oooo
Amount Of surplus on hand, first day
Of January, 1862, g7,299. 8
Total amt Of capital and surplus s297, 29s s
| ASSETS.
Cash in Bank and on band $2s55o1
Real Estate unincumbered owned by
the Company l.l41.5
Bonds and Mortgages as per vouchers
accompanying, being first liens on
| property in the cities Of Brooklyn
and New Ysrk, mostly dwelling
| houses worth in each case from 50 to
100 per cent. more than the amount
loaned, ls5.S06 4
Loans on demand, secured by pledges
Of good Bank and other Corporation
stocks as collateral, the market value
| Of which is 373c5O
Unpaid Premiums in the course Of col
lection, all considered good, Fire and
| Inland Marine 1926
| Bills receivable for premiums on In
land navigation risks 1883
Interest on bonds and loans accrued
but not due, and all drawing at the
rate of per cent. 6,74G.O
Bank and other Corporation stock
owned BY the Company, Is per fol-
lowing vouchers:
| so shares Of Atlantic Bank, NY. $4,000
so shares Of Union Ferry Co., Brooklyn,
| N. Y, $500
s-lo Treasury Notes, 81 900 each 5,ooo.o
2 o. 8. Bonds, sizes, 1867, $4,000 each
$4,000, at S6H $4,000
Total present market value l6720O
All other securities
Total assets Of the Company 1921, 2ss. S
| LIABILITIES.
Losses adjusted and due, viz: Fire,
nothing; Inland Navigation, nothing
Losses adjusted and not due,vix Fro,
nothing; Inland Navi CATION, nothing
Losses unadjusted and in suspense,
awaiting proof, viz: Fire, 81, $4,000;
| Inland Navigation, $4,000 $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.
The greatest amount insured by any
| one risk $4,000
The greatest amount allowed by the
| rulea tn ho inanrod in anv 0na 81
town or village, is not fixed, being
governed by the character Of the
buildings and the facilities for cx-
tinguish;ng fires.
| The greatest amount allowed te be
insured in any one block, is governed
by the character and construction of
the same, SO as to avoid undue con-
structien.
Amount Of its capital or earnings re.
ported in any other State, as secu-
rity for losses therein, nothing.
This Company was Incorporated under til
General Insurance Law Of the State of New Yorl
and obtained its Charter act of incorporation
Sept. 9th, 1853, an attested copy Of which is Q
| file in the Auditors Office of the State of Iowa.
STEPHEN CROWELL, President.
PHILANDlR SHAW, Secretary.
CITY OF NEW YORK., CO
CoUHrY OF NEW York; 80
Personally appeared before me- this seventeent
day Of January, lse2, Stephen Crowell, Presiden
and Phiander Shaw, Secretary, Of the Pheni
Fire Insurance Company, of Brooklyn, N. Y :. an
severally made oath that the above statement
| them subscribed, is correct and true, to the be-
Of their knowledge and belief.
In witness whereof, 1 havc hereunto set m
hand and affixed my official SEAL at the city I
New York, this 18th day of January, 1862.
q Y ~