Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1862-05-27

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o. TH8 CONDITION o. TH1
Rhenix Fire Insurance COMPANY
IOP THl CITY OF BROOKLYN. NEW YORK
~ "a Tie 1st day q 5las1Ry, 1874, na1S q q
Auditor Of Iowa, pefouaat y ne 6eotate N the
State, passed Jaaaasy 3seA, 1851 ~ ''fs a1f 1T
NAME AND LOCATION.
The name Of this Company Is "Ths Phenix Fir
lnsuranee Company" and il located in the city 8
brooklyn, county u Kins1 Stass q New York.
cAPrfAI.
The amount Of its capital stock in
shares Of fifty dollars each, ell paid
up in cash. il Two Hundred Thou
Amount Of surplus % hard, arst DAY
Of January. 1862, 1890 81
Total amt Of capital and surplus $797, 29s &:
ASSETS.
Cash in Bank and On hand s 2s.55o.l.
Real Estate unincunbezsd owned By
the Company LA <,
Bonds and Mortgages a. per voucher 10
accompanying, being first liens on
property in the cities Of Brooklyn
and New York, fnosAy dwelling
houses worth In each eaee from 6eto
100 per cent. more than the amount
loaned, ls5.so6 5f
Loans on demand, secured by pledges
Of good Bank and other Corporation
stocks .: collateral. the market value
Of which is 37.425 M
Unpaid Premiums in the course Of COL
lection, al considered good, Fire and
Inland Marine 11.6265s
Bills receivable for premiums on In.
land navigation risks 1883 SO
Interest on bonds and loans, accrued
but not due, and I'll drawing ct tho
!. rate Of ? per cont; $4,000
owned BY the Company, as per fol-
lowing vouchers:
so shares Of Atlantic Bank, NY. 2.50o.oO
90 shares Of Union Ferry Co, Brooklyn,
$40 Treasury No... :, 90 each $3.50 sSeS
y. 8. Bonds. SKIES, 1857, $4,000 each
$4,000, At ssh $4,000
Total present marketv value l672OOO
All other securities
Total assets Of the Company s2s7 ,2ss. SO
IlAnLlTlEs.
Losses adjusted and due, viz: Fire,
nothing; Inland Navigation, nothing
Losses adjusted and not due viz Fire,
nothing; Inland Navi CATION nothing
Losses unadjusted and in suspense,
awaiting proof, viz: Fire, 81 5000;
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. 90
The greatest amount allowed by the
rules to be insured in any one city,
town or village, 10 not fixed, being
governed by the character Of the
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, SO as t. avoid undue con-
structien.
Amount Of its capital or earnings 70.
ported in any other State, as secu-
rity for losses therein, nothing.
This Company was incorporated under the
General Insurance Law Of the State of New York
and obtained its Charter or act of Incorporation,
Sept. 9th, 1853, an attested copy Of which is on
file in the Auditors Office Of the State of Iowa.
STEPHEN CROWELL, President:
PHILAxDlR SHAW, Secretary.
CITY OF NEW YORK., CO
COUNTY OF New YoRK.} CO.
Personally appeared before meth seventeenth
day Of January, 1852, Stephen Crowell, President,
and Philander Shaw, Secretary, Of the Phenix
Fire Insurance Company, of Brooklyn, N. Y, and
severallv made oath that the above statement By
them subscribed. 10 correct and true, to the bert
Of their knowledge and belief.
In witness whereof, / have hereunto set my
hand and aft 1ed my official seal. at the city Of
LEWIS HURST, Commissioner for Iowa.