Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1862-05-19
STA TIE M EN II

OF The CONDITION OF
iii, Niagara Fire Insurance Co.
IN THE alST DAY OF DECEMBER, 1861,
~ made to the Auditor Of the State of Iowa.
NAME AND LOCATION.
LIST. Tho name Of the Company is The Niagara
Fire Insurance Company, aud is located in the
city of New York.
ID. The amount Of its capital stock is 100000
Sd. do do do paid up 100000
4th.-1. Cash On hand and
Cash in hands of
Agents and other
persons, 7,952.ze
- 2o,sss q
2 Real Estate unencumbered,
g. Bonds and Stocks owned by
Company, as per Schedule
4. Debts due the Company Sc
cured by Mortgages, as per o,eo
5. Debts otherwise secured, as
per Schedule &C." 6,eoo
6. Debts for premiums, $3.50
Z. All other securities, as per
Schedule"D," s,s5o17
Total Assets Of the Company, S2s7, 3S
LIABILITIES.
5th.-The amount of Liabilities due
or not due to Banks Or other eredi-
tors,
6th.-Losses adjusted and due.
1th.-Losses adjusted and not due,
Sth.-Losses unadjusted,
9th.-Losses in suspense, waiting lo,S24.21
for further proof,
l0th.-All other claims against the
Company, 5000
Total Liabilities, sl9724.27
MISCELLANEOUS.
1lth.-The greatest amount insured in any one
risk, or allowed to be insured in any one block
ordinarily $4,000.
12th.-The dividend, or dividends, declared and
paid during the past pear, $4,000.
18th, Act Of Incorporation, already fur
nished.
STATE OF NEW YORK, 90
County Of New York. o.
Jonathan D. Steele, President, and Peter Not
man, Secretary, of the Niagara Fire Insure nee
Company, being severs!ly sworn, depose and say,
and each for himself says, that the foregoing is
full, true and correct statement Of the affairs of
said Company; that the said Insurance Company
is the bona fde owner Of at least One Hundred
and Fifty Thousand Dollars Of Actual Cash Capt.
tai inves ed in Stocks and Bonds, or in Mortga
on unincumbered Real Estate worth double the
amounts Tor which the same is mortgaged; that
neither the above described investments, nor any
part thereof, made Tor the benefit of any indi-
vidual exercising authority in the management o.
said Company; that the Mortgages above de-
scribed have not been assigned nor in Sny manner
released or impaired by the said Company, and
that they are the above described officers Of the
Signed JONATHAN D. STEELE, pre.'.,
r. NoTxAH, Secretary.
Subscribed and sworn before me at the city Of
New York, this eighteenth day of January
1862, by each of the above named deponents.
THos L. THoRNELL,
Notary Public for the City Of New York.
AUDITORS OFFICE, IOWA, ),
Des Moines, February lst, 1862. !
1t is hereby certified, that on the lst day Of
| February, 1862, sworn statement was fled ir
this Office. showing the condition Of the Niagara
Fire Insurance Company, located at New Yora
City, in the State Of New York, on the LIST day Of
January, A. D., 1862, in accordance with provis.
| ion Of an Act Of the General Assembly of the
! State Of Iowa, entitled IAN Act in relation t.
| Insurance Companies" approved January 18th
1851 and an act amendatory thereto, approved
February 9th, 1853; that said statement show,
| that said Company is possessed Of the requisite
amount Of capital, and invested Is required By
Law.
Authority is therefore given to the above
named Company to transact business Of Insur
ance in this State in accordance with tho law
thereof, until the 3lst day Of January, A. d.
one thousand eight hundred and sixty three.
| It is also certified that Jno. L. Swits, of Da
venport, has been duly appointed by said Com
pany their lawful Agent and Attorney for tn,
County Of Scott, with full power to take risk
of Insurance therein, and to aeknowleage servic
of process, - provided BY law, upon his flin,
with the Clerk Of the District Court in and 70
ale in this ofRce. It's further certified that th
attached 10 true and correct copy Of the sai
statement.
In testimony whereof, have hereunto set m
hand and a@xed my eel Of ONCE, this arst Ia
Of February, 1Ss3. 1890
II. 81 W.CATTELL,
~ Auditx q staAA
DAsII1sssat spst..