Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1862-05-23
Fire, Inlaal anl LIE Ins. Ieeacy q
,raJOHN l.. ssWITs.g ear
2TATD06100T

ATU00S0T
| OF TIE CONDITION o. rHR
Phenix fire Insurance Company
|nPrm CITY OF BROOKLYN, NEW YoRK
~ On the lot day Of January, 1862, made 10 a.
Asditor Of lows, Pursuant TO the statute Of tha
State, passed January 2Sth, 1887.
| NAME AND LOCATION.
The name Of this Company is "The Pheni, FL,
Insurance Company" AMI 10 located IN the eitv a
Brooklyn, county Of Kings, State Of New York.
CAPITAL.
Tho amount of its capital stock in
shares Of fifty dollars each, all paid
up in cash. il Two Hundred Thou
Sand Dollars. 100000 o.
Of January, 1862, 97.299. IS
TotalAl't Of capital and surplus $297 1893 5:
AssHTs.
Cash in Bank and on hand :, s2ss5o.l;
Real Estate unincumbered owned BY
the Company 11A1 20
Bonds and Mortgages Is per vouchers
accompanying, being first liens on
property in the cities Of Brooklyn
and New York, fmostly dwelling
houses worth in each Case from 50to
loo per cent. more than the amount
loaned, 1s5. s0s 5o
Loans on demand, secured by pledges
Of good Bank and other Corporation
stocks as collateral, the marketv value
:, Of which is 1885. 90
Unpaid Premiums in the course Of COL
lection, all considered good, Fire and
Inland Marine l1626.53
Bills receivable for premiums on In
land navigation risks 1883 SO
Interest on bonds and loans, accrued
but not due, and all drawing at the
rate Of per cent. 6746. 90
Bank and other Corporation stock
owned by the Company, as per fol-
lowing vouchers:
50 shares of Atlantic Bank, N. Y. 25Oo. 90
90 shares Of Union Ferry Co., Brooklyn,
n. T., $4,000
. S,i9 treasury Notes. q 600 each 100000
$4,000, at s6K $4,000
Total present market value 1672oOO
All other securities
Total assets Of the Company 1921, 2o9. SO
LIABILITIES.
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, $7,650.O0;
Inland Navigation, $3.50 90 $4,000
Losses claimed but resisted by the
Company, viz Fire, nothing; In.
land Navigation, nothing
All other claims sgainst 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, is not fixed, being
governed by the character of the
buildings and the facilities for ex-
tinguish;ng fires.
The greatest amount allowed te be
insured in any one block, is governed
by the character and construction of
the same, 10 as to avoid undue con-
struction.
Amount of its capital or earnings re.
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.
PHILANDgR SHAW, Secretary.
CITY OF NEW York; CO
COUNTY OF NEW York; %
Personally appeared before me, this seventeenth
day of January, 1862, Stephen Crowell. President,
and Phiander Shaw, Secretary, of the Phenix
Fire Insurance Company, of Brooklyn, N.Y.. and
severally made oath that the above statement by
them subscribed. Is correct and true, to the best
of their knowledge and belief
In witness whereof, l have hcreunto set my
hand and affixed my official seal, at the city Of
New York, this 18th day Of January, 1869.
LEWIS HURST, Commissioner for Iowa.
AUDITORS OPFTCE, IOWA.,
Dies MONIES, February 4th, 1862. !
1t Is hereby certified, that on the fourth day of