Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1862-05-17
STA TIE M 1N II

ST a II II M 1N II
OF THE CONDITION or
1he Niagara Fire Insurance Co.
On THE slsT DAY OF DECEMBER, 1861,
Y made to the Auditor of the State of Iowa.
NAME AND LOCATION.
LIST. The name of the Company is The Niagara
Fire Insurance Company, and is located in the
city of New York.
%. The amount Of its capital stock is 100000
Sd. do do do paid up 100000
4th.-1. Cash on hand and
Bank 12,3s3.95
Cash in hands #
Agents and other
persons, 7,952.z6
2o3se2l
2. Real Estate unencumbered,
3. Bonds and Stocks owned by
Company, as per Schedule
"a" 34,S37.5O
4. Debts due the Company Sc
schedule"B," 2ls,55o
5. Debts otherwise secured, as
per Schedule. &c" 6.oo
6. Debts for premiums, 557 so
Z. All other securities, as per
schedue"D," s,s5ol7
Total Assets Of the Company, $2S7,l3l.38
LIABILITIES.
5th.-The amount Of Liabilities due
or not due to Banks Or other sredi-
6th.-Losses adjusted and due,
7th.-Losses adjusted and not due,
Sth.-Losses unadjusted,
9th.-Losses in suspense, waiting l3,S24N
for further proof,
l0fh-AIl other claims against the
Company, 5000
Total Liabilities, Sls,72427
MISCELLANEOUS.
llth-Th greatest amount insured in any one
risk, or allowed to be insured in any one block
ordinarily $4,000.
l2th.-The dividend, or dividends, declared and
paid during the past pear, $40 Geo.
l3tb,-The Act Of incorporation, already fur
nishcd.
STATE OF NEW YORK, 80
County Of New York. co.
Jonathan d. Steele, President, and Peter Not
man, Secretary, of the Niagara Fire Insurance
Company, being severally sworn, depose and say,
aud 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
end Fifty Thousand Dollars of Actual Cash Capt.
tai, invested in Stocks and Bonds, or in Mortgages
on anincumbered Real Estate worth double the
amounts Tor which the same is mortgaged; that
neither the above described investments, nor any
part thereof, are made for the benefit of any indi
vidual exercising authority in the management OF
said Company that the Mortgages above de-
scribed have not been assigned, nor in any manner
released or impaired by the said Company, and
that they are the above described officers Of the
f Signed JONATHAN D. STEELE, p,es'.,
r NoTNAN. 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. TH0RNELL,
Notary Public for the City Of New York.
AUDITORS OFFICE, IOWA, |
Des Moines, February LIST, 1862. !
1t is hereby certified, that on tho lst day of
February, 1862, . sworn statement was fled in
this office. showing the condition Of the Niagara
Fire Insurance Company, located at New YORK
City, in the State of New York, on the LIST day of
January, A. D., 1862. in accordance with provis-
ION Of IN Act Of the General Assembly of the
State Of Iowa, entitled Gan Act in relation to
Insurance Companies" approved January 18th,
1861, and an act amendatory thereto, approved
February 9th. 1858; that said statement shows
that said Company is possessed Of the requisite
amount Of capital, and invested ~ required by
law.
Authority is therefore given to the above
named Company to transact business Of Insur-
ance In this State in accordance with the laws
thereof, until the slst day Of January, A. D.,
one thousand eight hundred and sixty three.
Il is also certified that Jno. l.. Swits, of Da.
venport, has been duly appointed by said Com
pauy their lawful Agent and Attorney for the
County Of Scott, with full power to take risks
Of Insurance therein, and to acknowledge service
with the Clerk Of the District Court in and for
said County. certified copy Of the statement on
le in this Office. 1t is further certified that tho
attached 10 true and correct copy of the said
statement. A7
In testimony whereof, have hersunto set nv
hand and affixed my seal Of Office, this Arst day
Of February, 1862.
IL. 81 J.W.CATTELL.
e@ Audit@ of Stats.
1xx ~ 1901 @#