Muscatine weekly journal. [volume] (Muscatine, Iowa) 185?-1890, 1862-03-14

JOE WORK in Tin, Copper AMI
lLD IRON. Brass, Copper, Lead
A NNUAL STATEMENT OF THE CONDITION OF
| n the Security Fire Insu'a nce Company of New
York. in the State of New York. on the 3st day OF De-
cemter lS6i made the Auditor Of the Insurance De-
ptrnen: of the State Of iowa, pursuant to the laws
ICAPITAL.
Company is sseoooo 90
! 2nd III, amount Of the Capital Stock Of the
| COMPANY paid up, is 6O0,o0o "
H. ASSETS.
l Amount Of loan beads and mortgages,
| thai, recorded and beng the fist iens of
| fee simile) per schednis b. hereto
annexed Ash, 500 %
| 2 f,e amount of Interest accrued but not
due on all said mortgages, Id ll,3S1 20
| Til" value OF the property covered by said
! mortgages estimated per
schedule 1855. 400 co
3 amoups Of cash on hand in
/ the conrpany's rfiicy 1857 10
4 Amount + cash 90 and de.
| posted To the credit of the
| Ill Continental Bank 6, 1893 a
| Amount Of cash hand de- a.
posted 10 the credit of the CO.
The Bank OF Com nweaiIh 10 col IS
5 Amount of cash in The hands
| of agents and in the course of
transmission for premiums
tins year 4652 Sc
| 6 Amount of stocks and bonds
owned Ly the company,
Par Val. Mxt Val
50 shs scO ca blk of
| msl'k 5000 S41o0 90
100 sh = Sl00 ca kNY 10000 $3.50 co
! Ii sh's SI00 ca BIZ A 400 1880 co
Bonus of the Union
Free Sch Dis no z
W +. Y, issued by
act Of Leg 9O25 90
7 Special deposi. in the bank of
Commonwealth Oh in crest $1,000 90
| Special deposit III the Cont
mental banA on interest 10000 90
==--- $4,000 co
s Am cunt of stocks and bonds held By tho
company, fol cash loaned by he con pany.
Total Total Am
Pas Val NIX Val Loaned
4 T,G In CO SKIS 500 90 Cos 20 500 90
45 sh's do do LIPS 90 l,490 co LOO 90
In 80 etl 2 500 90 $500 60 1850 60
bank SIX 1900 90 1900 90 1.4so co
14O shs ia CT Co GO 90
YC r r Ids 1908 90 500 60
--= 1O,isO co
Amount Of interest except on mortgages
acor u.d, but not due rs 81
10 Amount of premium due, and unpaid $3.50 IS
II Amount of all other prof. erty belonging
to me company, ti,s receivable for In
land Navigation risks S,120 80
10 Total amount of sexual available assets
Of the Company is $64Spl5 IA
III. LIABILITIES.
9th The amount of liabilities due or not due
Banks and other creditors None
9th Losses adjust Ell and due None
18th Losses adjusted and not due None
Sth Losses unadjustcd 5,4OJ co
9th Losses in suspense, waiting for further
proof None
10th All claims against the Company None
Total liabilities $500 co
". MISCELLANEOUS.
one ,isk $4,000 90
18th The greatest amount allowed by tie
| rules TO lac IuSuret in one city, town
village No rules
| 18th The greatest amount allowed to be in
s,itrd IN any one ilock No rules
18th The amount of its capital or earnings
dei9.e,' u o;lirr Sote, se.ur-
| ty for losses therein, naming them with
the amount i'll each, whether such
Company tran>ac's any business OF in
snrance in s'.. State or States None
| 10Th The ,ha,t"r, or act OF incorporation of
said Company
! State of New YORK,
| Colury of New York 80
Joseph alker: President. and Richard l.. Hey dock,
Secretary, vi the Security Fire Insurance Company
being scyerally sry that the foregoing is fu
Com .,any-that III, said insurance Company is the
J1aa tide % at e'vst One hundred Thousand Dol
la. actual cash tal Invested in stocks and bonds
or in mortgages on real estate worth double the
amount ior which the same is mort gagged; that the
above described iavestm ems, ANY thereof
mad, for the benefit of any individual exercising
shortly in the management OF sail Company, either
President, secretary Treasurer. Director, otherwise
That the mort Cages above described have not been as
signed, any elei ed or impaired by said
Clmpai and that they the above described officers
'''' '''D''''' idsEpu WALK Err, pres't.
RICHARD r.. HAyDQCK, Seo'y,
Subscribed and aiifned heforo me, this Goth
. day of Jan. A. D. ls6l
TiIJS. L. TIiORNELL,
Com. for lows in N. Y. |
State of New York
City and County OF New York, S.
BE remembered that I, Thomas L. Thorpell Con
missioner resident IN the City of New York duly
mi stoned and qualified 10y the executive authority ard
nnder the laws vi the stata OF Iowa. do hereby certify
that ilve persop.liy examined into the con iton
the Security Fire Insurance Company of the City OF
New Yo.k, and fully sat,ned that they have t.
s,i.ly Invested to the amount Of One Humid ed Thous
and dollars, that haze examined the securities
in the hands of the Company. set forth in the
nexed statement, and that the s,m" all correct.
do further certify that said Security Fire Insu-
Company is the bona fte owner of bonds and
nort ages made in tlir favor as specified in the an
neseu schedule G. said cages being duly entered of
record and that satisfied ii at said mortgages
first liens re'l estate this city and vicinity and in
the aggregate worth double the amount for which
they are MOI gagged to satd Company. IL
further certify that am not directly interested in
In witness whereof have hnreunto set my hand and
LII. affixed my official zeal, the Goth d.y of Janu
airy, 4. D 1852. THos. l. THoRNELL.
Office 38, Wall Street, N.
certify, that the above copy of the State
the above date. : 4. MUNF0RI
AuDIToa's OFFICE Iowa.
Desmoines, jan IA, 1852.
III Is HEREBX CEkflFiEt, That on the 14h day
OF January, 1862, statement ed in This Of
fee showing the dill of the Gi,ard Fire Insu-
rance Company, located at New York. tbs Stare Of
New York, on the first Gay of January, D. 1862, in
accordance with provision of Act OF the neral As
semIy of the State of Iowa, entitled San At in res
tiou to Insurance Companies, approve nuary 2Sh,
1851 aud act amend ory thereto, approved February
gth, 1885, that said that said pany
Is possessed OF the requisite amount Of capital and In
vested r. eqsired by law. 49,. !,
Authority is therefore given to the above named COM :;
any TO transact business Of Insurance this State in
accordance with the laws thereof until the 81 day OF "a
January A. d. one thousand .igh. hundred and sixty "A
two t ~. = \;
1t is also certified that Taos Smith, of Mus Ii
sstne, has been duly appointed by said Company ~
heir lawful AGENT nd Attorney for the county OF Mus
,atns, with full power to take risks OF Insurance -
therein, and to acknowledge service Of pocess pro-
sided by h.w, upon his rh Clerk of the Dis
rict Court in and tor said red copy of the
statement file in this Office. II is further certff d.
hat the attacle is and correct copy Of The said
BIZ ~ -s#e :
-, IN TESTIMONY WHEREOF, have ksrss. TO
(ys( set my hand and affixed my seal of ofase this
u.s. 1ith day 0, January, 1862. =
J. W. CATTELi, Auditor of State.
jan30 DAN. ELLYS0N, Deputy,