Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1862-06-02
Firs, Inlanl Al LIE M. Agency q
John L. RWITS.


-
0TAT006006W
OF fHB CONDITION OF THB
Phenix Fire Insurance Conpany
nFrHh CITY OF BROOKLYN, NEW FORK
~ on the Let day Of Janaazy, 1859, nsde to ~
Auditor Of lows, parsaant y the statats of thai
State, passed January 26th, 1857.
MANI AND LOCATION.
The name of this Company is "The Phsnix Fir,
Insurance Company" and 10 located in the city q
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. il Two Hundred Thou
sand Dollars, 500. 900. Ot
Amount Of surplus on hand, first day
Of January. 1852, 1898. 81
Total amt Of capital and surplus $197, 2ss s:
Cash in Bank and on hand $2s.55o1
Real Estate unincumbered owned by
the Company l,l1.5a
accompanying, being first liens on
property II the cities of Brooklyn
and New York, lnostly dwelling
houses worth in each case from soto
100 per cent. more than the amount
loaned, ls5, SOC. 81
Loans on demand, secured by pledges
Of good Bank and other Corporation
stocks - collateral, the market
of which 10 37.325 OF
Unpaid Premiums in the course Of col
lection, oil considered good, Fire and
Inland Marine 1885;
Bills receivable for premiums on In
land navigation risks 1883 81
Interest on bonds and loans, accrued
but not due, and Ill drawing ct the
rate Of per cent. 6,746. 0(
Bank and other Corporation stock
owned BY the Company, - per fol-
lowing vouchers:
50 shares of Atlantic Bank, NY. $500. O(
80 shares Of Union Ferry Co, Brooklyn,
s s-lo Treasury Noes, q, 900 each 5000
2 o. 8. Bonds, sizes, 1867, $4,000 each
$4,000, At S6H $4,000
Total present marketable 1920. 0(
All other securities
Total assets Of the Company $297 ,29s IS
L1AnLIrrHs.
Losses adjusted and due, Wig: 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, $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
ono risk $4,000. OF
The greatest amount allowed by the
rules to be insured in any one city,
town or village, is not fixed, being
governed by the character of the
buildings and the facilities for ex-
tinguish;ng fires.
The greatest amount allowed to DO
insured in any one block, is governed
by the character and construction Of
the same, 50 as t. 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 tn
General Insurance Law Of the State Of New York
and obtained its Charter or at of Incorporation
Sept. 9th, 1853, an attested copy of which is o.
STEPHEN CROWELL, President.
PHILANDlR SHAW, Secretary.
CITY OF NEW York; ca
CoUxrY OF NEW York; CO.
Personally appeared before c,this seventeenth
day of January, 1852, Stephen Crowell, Presiden,
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, l have hereuntO set m
hand and affixed my official seal, at the city Q
New York, this 18th day Of January, 1862.