Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1862-06-13
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Phenix flro 1nS0ranco Germany.
nPTHl CITY OF BR0QKLYy, NEW YORx.
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xAnB AND LOCATION.
The name Of this Company 10 1.-THE Phenix Fin
insurance Company" and 10 located in the city OF
hsSseayns esrssyofg kisI', Saaes q Nov Yak
cAll1AI.
The amount Of it, capital stock in
shares Of City dollars each, al paid
up in cash. IL Two Hundred Thou
ssoa llollsrAs h 80 @4oo.OoO 90
Ameunt q snfDleg IN shand, A0t by 4
Of January. 1861, N,3oo 50
Total amt Of capital and surplus $397 ,1oo. IS
ASSETS.
Cash in Baak and On hard 8 9e.66o.1a
Real Estate unincumbspsd owned b.
the Company l,l4l.5s
accompanying, being first liens on
properly in the cities of Brooklyn
and New York, lnostly dwelling
houssslworth IN eseh c.se from 50 10
100 per cent. more than the amount
loaned, ls5.8O6. 50
Loans on demand. secured BY pledges
of good Bank and other Corporation
stocks q collateral, the market value
Of which II 3782S 90
Unpaid Premiums in the course Of COL
lection. all considered good, Fire and
Inland Marine ll,e2s5s
Bills receivable for premiums on In
land navigation risks 1885 50
Interest on bonds and loans, accrued
but not due, and all drawing at the
r.ts q ! pr cent: ! $4,000
Bank and ether Corporation stock
owned b. the Company, Is per fol-
lowing vouchers:
so shares of Atlantic Bank, NY. 100000
5oshases Of Union Perry Co., Brooklyn,
s-io Treasury Notes, u 900 each !, 5000. 10000
q. 8. Bonds. SKIES, 1867, $4,000 each
$4,000, at ss1 $4,000
Total present market value 100000
All other securities
Total assets of the Company s2s7, 2gs. So
# LIAnLIrIEs.
Losses adjusted and due, viz: Fire,
nothing; Inland Navigation, nothing
Losses adjusted and not due,vix: Fire,
nothing; Inland Navigation. nothing
Losses unadjusted and in suspense,
awaiting proof, viz: Fire, 81, $4,000;
Inland Navigation, $780, 90 $4,000
Losses claimed but resisted by the
Company, viz /: Fire, nothing; In.
land Navigation, nothing
All other claims against this Company
nothing s @
Total liabilities $4,000
MISCELLANEOUS.
The greatest amount insured by any
one risk sl5,ooo.oo
The greatest amount allowed by the
rules to be insured in any ono 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 to be
insured in any one block, is governed
by the character and construction Of
the same, 50 as t. avoid undue con-
structisn.
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
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:
PH1LAxDlR SHAW, Secretary.
CITY OF NEW York; CO
CouxrY OF New YoRk5 60
lersonally appeared before me, this seventeenth
day Of January, 1862, Stephen Crowell, President,
and Philander Shaw, Secretary, of the Phenix
Fire Insurance Company, of Brooklyn, N. :, 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 hereunto set my
hand and affixed my official seal, at the city Of
New York, this 18th day Of January, 1862.
n. r.
AUDITORS OFFICE, IOWA.,
DEs MONIES, February 4th, 1862. I
It is hereby certified, tiAt on the fourth day Of
February, 1852, a sworn statement was filed in this
Office, showing the condition of the Phenix Fire
Insurance Company, located at Brooklyn, New
York, on the first day Of January, A. D. 1862, in
accordance with provision of an Act Of the Gen.
eral Assembly Of the State Of Iowa, entitled IAN
Act in relation to Insurance Companies" approved
January 2sth. 1857, and an Act amendatory there
to, approved February 9th, 1858; that said state.
ment shows that said Company is possessed of the
requisite amount Of capital, and invested Is re-
quired by law.
Authority is therefore given to the above named
Company to transact business Of Insurance in this
the a1st day of January, A. d. One Thousand
Eight Hundred and sixty Three.
Il 10 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 bis fling with
the Clerk Of the District Court in and for said
County, certified copy Of the statement on file
in this Office. 1t is further certified that tn, at
tached is true aud correctcopy of the said state
ment.
In testimony whereof, have hereunto set my
hand and affixed my seal Of Office, this 18th day Of
February, 1862.
r. s.. ]. W. CATTELL,
mch20 Auditor of State.