Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1862-04-10

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RbeDix FIRE Insurance CenpeDy
]aPTHl ClrY OF BROOKLYN. NEwYoRl
M % the lss DAY - Jassasy, 1881, uads % u
Aaditos = Iowa, passusse - tAs statute II IN
Sisss, Daassd Jssassy seth, 1851. g9
sAns AND ixcAs1os.
The nauss Of this Company 10 "Ths nsaix iii
Insurance Compspy," and Is located in the city 4
Brooklyn. county q King, State q New TEX.
eASsSAs.
The amesst Of ih capital stock In
1 sbarso Of fifty delloee each, al paid
| up II easb. g Two Hundred Thou
ss.A l'.!lars, s2oooooo
Amount Of surplss On hand, inst day
of January. 1861, 1899 s
Total amt Of capital and surplus @zs7 ,39s. S
ASSETS.
Cash in Bsak and on hand 8 ss.sso.1
Real Eststs unincunbsssd owned By
the Company 1,lA.s
Beads and Mortgage - pr vosehsss
accompanying, being frst lions On
properly in the cities Of Brooklyn
and New Yerk, lnostly dwelling
houseslw worth in each c.ss from 50 to
100 per cent. more than the amount
loaned, lS5.eoe. g
Loans ON demand. secured By pledges
Of good Bank and other Corporation
stocks o. collateral, the market value
Of which is $685.. o.
Unpaid Premiums in the eourss Of COL
lection, all considered good, Fire and
Inland Marine I1.e2&5:
Bills sscsivabis for pesmiums on In.
land navigation ,iat' 1883 81
Interest on bonds and loans, accrued
but not due, and all drawing ct the
r.ss Of 2 pr cent: e,74s.ot
Bank and other Corporation stock
owned By the Company, ~ per fol-
LOWING v0uehers:
so shares Of Atlantic Bank, NY. $500 .0(
50 shares Of Union Ferry c., Brooklyn,
3-l0 Treasury Notes. 8, 900 each 5,00O.Ot
3 q. 8. Bonds. skies, 1867, 81, 600 each
$4,000, At ssX s.47o.oc
Total present market value 16,72O.0C
All other securities
Total assets Of the Company ,2s7, s0s. IS
LYAnLlrrEs.
Losses adjusted and due, Wis Fire,
nothing; lnland Nsvigation, nothing
Leases adjusted and not due, Wis: Fire.
nothing; Inland Navi sstion. nothing
Losses unadjusts and in suspense,
awaiting proof, viz: Fire, 81, $4,000;
INLAND Navigation, $3.50 90 $4,000
Losses claimed but resisted by tho
Company, viz: Fire, nothing; In.
land Navigation, nothing
All other claims against this Company
nothing
Total liabilities $4,000
.t.. MISCELLANEOUS.
The greatest amount insured by any
one risk $4,000 90
The greatest amount allowed Ly the
rules to be insured in any one city,
town or village, is not fixed, being
governed by tho character Of the
buildings and the facilities for 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, 20 as I. avoid undue con-
structiOn.
Amount Of its capital Of earnings re.
ported ia any other State, A. secu-
rity for losses therein, nothing.
This Company was incorporated under the
General Insurance Law Of tho State Of New York,
aod obtained its Charter or act Of Incorporation,
Sept. 9th, 1858, N attested copy of which 10 on
die in the Auditors ofice Of the State of Iowa.
STEPHEN CROWELL, President.
PHrLAxDsR SHAW, Secretary.
CITY OF NEW York; GO
CouxrY OF NEW York; CO.
ersonaliy appeared before me, this seventeenth
day Of January, 1852, Stephen Crowell, President,
and Philander Shaw, Secretary, Of the Phenix
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, have hereuuto set my
hand and affixed my official seal, at tho city Of
New York, this 18th day Of Jsnuary, 1869.
LEWIS HURST, Commissioner for Iowa.
AUDITORS OPFICE, iowa.
DHs MONIES, February 4th, 1862.
It 10 hereby certified, that on the fourth day Of
February, 1862, sworn statement was fled in this
office, showing the condition of tho Phenix Fire
York, on the first day Of January, A. ID. 1862, in
accordance with . provision Of an Act Of the Gem
eral Assembly of the State Of Iowa, entitled IAN
Act in relation t. Insurance Companies" approved
Janusry 2Sth, 1857, and IN ACT amendatory there
to, approved February 9th, 1858; that said state.
msnt shows that said Company is possessed Of tho
requisite amount Of capital, and invested - re-
quired by Law.
Authority is therefore gwen to the above named
Company to transact business Of Insurance. in this
State in accordance with the laws thereof, until
the Slst day Of January, A. D. One thousand
Eight Hundred and sixty Three.
lis also certified, that John L. Swits, Esq. of
Davenport, has been duly appointed BY said Com
pany their lawful Agent and Attorney for the
County Of Scott, with full power to take risks Of
Insurance therein, and to acknowledge service Of
process, as provided BY law, upon his fling with
the Clerk Of the District Court in and fur said
County, . certified copy Of the statement on file
in this Office. 1t is further certified that tn At
tached il true AID correctcopy of the said state.
ment.
In testimony whereof, have hereunto set my
hand and sfRxed my seal Of Office, this 4th day Of
/ ebruary, 1862.
H. J. w. CATTELL,
mch20 Auditor Of State.