Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1862-04-18
Iise. lnlanA NJ. liz ~ Aesoeyssf
JOHN L. sWEre.


JOHN L. swFre.
0TATD16HDGw
| OF nm coxpnIoH % Tz8
Phenix fire lnsuTance CenDa1
InrTHl CITY OF BROOKLYN. NEW 70
~ on the let day Of Jaaussy, 1862, oAds to
Asditor Of Iowa, pursuant - the statuts II |
6ests, passsd Jasuasy 4sth, 1857.
MANI AND LOCATION.
The name Of this Company is "Ths Phspix
Insurance Company" and il located in the cit,
Brooklyn, county Of Kipgs, State Of New Yorl
| CAPITAL.
| The amount Of its capital stock In
| shares Of City dollars each, al paid
up in cash. 10 Two Husdfed Thou
Sand i'ollars, $4,000
| Amount Of surplus on hand, first day
Of Janusry. isS2. N.3s.
Total amt Of capital and surplus $297, 20
Cash in Bank and on hand s 1855
Real Estate unincumbsrsd owned BY
the Company LA
Bonds and Mortgages - Per voucher,
accompanying, being first liens on
properly In the cities Of Brooklyn
ana new 1orKs I00Stly 0Wolln8
es]worth in each case from SOTO
100 per cent. more than the amount
loaned, 1850
Loans on demand. secured By pledges
Of good Bank and other Corporation
stocks Is collateral, the market value
Of which 10 37,3c
Unpaid Premiums In the course Of col
lection, all considered good, Fire and
1nland Marine 1852
Bills receivable for premiums on In
land navigation risks II, 38
| Interest on bonds and loans, accrued
bat not due, and ali drawing ct the
rate Of per cent. 6,74
Bank and other Corporation stock
owned BY the Company, Is per fol-
lowing vouchers:
so shares Of Atlantic Bank, NY. $50
80 shares Of Union Ferry Co., Brooklyn,
N. r., SIS
s I s-lo Treasury Notes, q 900 each 500
U. =. Bonds. skies, 1857, $1,000 each
$4,000, At S6H 3,47
Total present market value 1872
All other securities
Total assets of tho Company s297, 20
LIABILITIES.
Losses adjusted and due, viz: Fire.
nothing; Inland Navigation, nothing
Losses djusted and not due, wig: Fire,
nothing; Inland Navi sstion. nothing
Losses unadjusted and in suspense,
awaiting proof, viz: Fire, 81, $4,000;
Inland Navigation, $3.50 90 $40
Losses claimed but resisted by the
Company, Wis: Fire, nothing; In.
land Navigation, nothing
All other claims against this Company
nothing
Total liabilities SsAo,
MISCELLANEOUS.
The greatest amount insured by any
ono 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 the character Of the
buildings and tho facilities Tor ex-
tinguish;ng fires.
Tho 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-
structisn.
Amount of its capital or earnings re.
ported IN any other State, rs secu-
rity for losses therein, nothing.
This Company was incorporated under
General Insurance Law Of the State Of New u
and obtained its Charter or act of Incorporate
Sept. 9th, 1858, al attcsted copy Of which j.
file in the Auditors office Of the State of lows
STEPHEN CROWELL, President
PHILAxDIR SHAW, Secretary.
CITY OF NEW York; GO
County OF NEW York; CO.
iersonally appeared before me,this sevensee
day Of January, 1862, Stephen Crowell, Presid
and PhiIander Shaw, Secretary, of the Phe
Fire Insurance Company, Of Brooklyn, N. Y.
severally made oath that tho above statement
them subscribed, is correct and true, to the
Of their knowledge and belief.
In witness whereof, have hereunto set
hand and affixed my official seal, at the city
New York, this 18th day Of January, 1862.
LEWIS HURST, Commissioner for Iowa
AUDITORS OFFICE, IOWA
DHs MONIES, February 4th, 1862.
It 10 hereby certified, that on tho fourth da,
February, 1862, sworn statement was filed in I
office, showing the condition of the Phenix
Insurance Company, located 1t Brooklyn,
York, on the first day Of January, A. ID. 1862
accordance with provision of an Act of the q
Act in relation t, Insurance Companies, appro
January 18th. 1851, and an Act amendatory thu
to, approved February 9th, 1853; that said sta
ment shows that said Company is possessed Of
requisite amount Of capital, and invested ~
quired by Law.
Authority is therefore given to the above nan
Company to transact business Of Insurance in I
State in accordance with the laws thereof, III
the slst day Of January, A. d. One Thous,
Eight Hundred and sixty Three.
Il is also certified, that John L. Swits, Esq.
Davenport, has been duly appointed BY said Ct
paDy their lawful Agent and Attorney for
County Of Scott, with full power to take risk,
Insurance therein, and to acknowledge service
process, as provided BY law, upon bis fling "
County, . certified copy Of the statement on
in this Office. 1t is further certified that tn !.
tached is true aud correctcopy of the said sta
ment.
In testimony whereof, have hereunto got
hand and sfi xed my seal Of Office, this 4th day
February, 1862.
LIS J. W. CATTELL,
mch2O Auditnr of Stafe