Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1862-06-10

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9TATDA610JT
| OF TIE CONDITION OF rHI
PheDix fire Insurance CsnDapy
InP THB CITY OF BROOKLYN, NEW York
~ on tho lst day Of January, 1862, made to Is,
Auditor Of lows, pursuant 10 the statute u II Il
State, passed January 18th, 1857.
NAN. AND LOCATION.
| The name of this Company is "The Phenix Fir,
Insurance Company and u located in the CITY q
Brooklyn, county Of Kings, State Of New York.
CAPITAL.
| The amount Of its capital stock in
shares of fifty dollars each, all paid
/ mp in cash. is Two Hundred Thou
/ sand Dollars, e 4# $100 600 Al
| Amount of surplus on hand, FIRST day
Of January. 1862, 1929 81
Total amt Of capital and surplus s2s7, 2ss S:
ASSETS.
Cash in Bank and on hand S2S550
| Real Estate unincum bered owned BY
the Company l,l4l IS;
accompanying, being first liens on
property in the cities OF Brooklyn
and New York, fmostly dwelling
houses worth in each case from so 10
100 per cent more than the amount
loaned, Is5.sO6 "a
Loans en- demand, secured by pledges
Of good Bank and other Corporation
stocks as collateral, the market value
Of which IS 37.325 &c
Unpaid Premiums in the course Of col
lection, all considered good, Fire and
Inland Marine ll,s26.5s
Bills receivable for premiums on In
land navigation risks lI3S3 90
Interest on bonds and loans, accrued
but not due, and all drawing It the
rate Of per cent. 6746.0
Bank and other Corporation stock
owned by the Company, as per fol-
lowing vouchers:
so shares Of Atlantic Bank, n. Y. $500. 90
". $4,000
5 80 Treasury Notes, 81, 900 each 5000 90
2 {. 5. Bonds, skies, 1857, $4,000 each
$1,000, at s615 $4,000
Total present marke: value les20.0O
All other securities
Total assets Of the Company s297, 2ss So
LIABILITIES.
Losses adjusted and due, viz: Fire,
nothing; Inland Navigation, nothing
Losses adjusted and not due,viz: Fire,
nothing; Inland Navi cation, nothing
Losses unadjusted and in suspense,
awaiting proof viz: Fire, S7,650.00;
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
nothiAg
Total liabilities $4,000
MISCELLANEOUS.
The greatest amount insured by any
one risk sl5,ooooo
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 the facilities for ex-
tingui.h;ng fires.
The 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-
structien.
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
General Insurance Law Of the State Of New York,
and obtained its Charter or act of incorporation,
Sept. 9th, 1888, an attested copy Of which is on
file in the Auditors Office Of the State of Iowa.
STEPHEN CROWELL, President.
PHILANDER SHAW, Secretary.
CITY OF NEW York; Cd
COUNTY OF NEW YoRK( eo
Personally appeared before me, this seventeenth
day of January, 1862, Stephen Crowel, President,
Fire Insurance Company, Of Brooklyn, n. Y. 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.
LEWIS HURST, Commissioner for Iowa.