Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1862-05-24

me ln1a11 Al Lie IN. lgsacy .
JOHN l.. SWIT9.
0XAT0AG06E
- I'm CONDITION u rm
PheDiX fire lnsurance Company
|0F THl CITY OF BROOKLYN. NEW YORE
Auditor Of Iowa, parsuaat . The statats Of tha
State, passed January 2Sth, 1857.
xAA1 AID LocAsIoN.
Insurance Company" and il located in the city q
Brooklyn, county Of Kings, State Of New York.
CAPITAL.
The amount Of it, capital stock IN
shares Of fifty dollars each, al paid
up in cash. il Two Hundred Thou
sand dollars, $2OO.OOO 0
Amount Of surplus on hand, first day
Of January. 1861, 1895
fetal Ant Of capital and surplus $7s7, 29s. s
ASSETS.
Cash in Bank and on hand s 26.55o.1
Real Estate unincumbered owned BY
the Company 1,ll1.5
Bonds and Mortgage: - Der vouchsre
accompanying, being first lions on
property in the cities of Brooklyn
and New York, (mostly dwelling
houseslworth in each case from SOTO
100 per cent. more than the amount
loaned, 1896. 5
Loans on demand, secured by pledges
Of good Bank and other Corporation
stocks as collateral, the market value
;, Of which is 1885. o
Unpaid Premiums in the course Of col
lection, all considered good, Fire and.
Inland Marine 1925
Bills receivable for premiums on In
land navigation risks 1885 8
Interest on bonds and loans, accrued
but not due, and all drawing ct the
rate Of : per cent: e,74e.o
Bank and other Corporation stock
owned BY tho Company, q per fol-
lowing Vouchers
so shares Of Atlantic Bank, NY. $4,000
50 shares Of Union Ferry Co., Brooklyn,
n. T., $500
$40 Treasury Notes, 81 900 each 10000
$4,000, At SSh $1,000
Total present market value 16,72O.o
All other securities
Total assets Of the Company 500, 29s. s.
LIABILITIES.
Losses adjusted and due, vis: Fire,
nothing; lnland Navigation, nothing
Losses adjusted and not due, viz: Fire,
nothing; Inland Navi cation. nothing
Losses unadjusted and in suspense,
awaiting proof, viz: Fire, 81, $4,000;
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.
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-
tinguish;ng fires.
The greatest amount allowed to be
insured in any one block. is governed
by the character and construction of
the same, 90 as t. avoid undue con-
structisn.
Amount of its capital or earnings re-.
ported in any other State, as secu-
rity for losses therein, nothing.
This Company was incorporated under tn
General Insurance Law of the State Of New Yorh
and obtained its Charter or act of Incorporation
Sept. 9th, 1853, an attested copy of which is O.
file in the Auditors Office of the State of Iowa.
STEPHEN CROWELL, President.
PH1LAxDlR SHAW, Secretary.
CITY OF NEW York; &C
COUNTY OF NEW York; 60
Personally appeared before me, this seventeenth
day of January, 1852, Stephen Crowell, President
and Philander Shaw, Secretary, of the Pheni
Fire Insurance Company, Of Brooklyn, N. Y, an
severally made oath that the above statement b
them subscribed, is correct and true, to the bes
Of their knowledge and belief.
In witness whereof, have hereunto set m
hand and affixed my official seal, at the city Q
New York, this 18th day of January, 1869.
LEWIS HURST, Commissioner for Iowa.
AUDITORS OPFICE, IOWA,l
DEs MONIES, February 4th, 1862.
1t 10 hereby certified, that on the fourth day Q
February, 1862, . sworn statement was filed in thi
Office, showing the condition of the Phenix Fir
Insurance Company, located at Brooklyn, Ne,
York, on the first day of January, A. d. 1862, i
accordance with provision Of an Act of the Gen
eral Assembly of the State Of Iowa, eptitled "A
Act in relation to Insurance Companies" approves
January 2Sth. 1857, and an Act amendatory there
to, approved February 9th, 1853; that said state
ment shows that said Company is possessed of tn
requisite amount of capital, and invested as re
nuired nv low