Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1862-06-20
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JOHN l.. SWITa.

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JOHN l.. 8WITa.
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OF TEE CONDITION OF rHI
Phenix Fire lnsursnce Company
ar THE CITY OF BROOKLYN. NEW YORK
Auditor of Iowa, parsuant 70 the stetute sf r. :.
State, passsd January 18Th, 1857.
xAxB AND LOCATION.
The name Of this Company IL "The Phen;r r,
Insurance Company" and il located in the citv =
Brooklyn, county Of Kings, State Of New York.
cAr1ra.
The amount of its capital stock in
shares Of Fifty dollars each. all paid
up in cash. is Two Hundred Thou.
sand ;'ollArs, 5000 900 d
Amount y: 9a Of .arP y. on hand, first day -
Total amt Of capital and surplus S297. 2Vs s
ASSETS.
Cash in Bank and on hand 3 es,so !.
Real Estate Authenticated owned By
p the Company 1,l4l.5
accompanying, being first liens on
property in the cities Of BROOKLYN
and New York, [nostly dwelling
houses worth in each case from so to
100 per cent. more than the amount
loaned, ls5806. 3
Loans on demand. secured by pledges
Of good Bank and other Corporation
stocks as collateral, tho market value
:, of which is 1895 o.
Unpaid Premiums N the oourse Of col
lection, all considered good, Fire and
Inland Marine 1885:
Bills receivable for premiums on In
land navigation risks 1883 8,
Interest on bonds and loans, accrued
but not due, and all drawing 1t the
rate Of per cent; e,74e.o
owned by the Company, as per fol-
lowing vouchers:
30 shares OF Atlantic Bank, N. Y. $500 .o(
so shares Of Union Ferry Co, E-ootlyn,
N. ". $500
5 s-lo Treasury Notes. q 900 each 5,ooo.o
2 y. =. Bonds, skies, 1857, $4,000 each
$4,000. at ssh s.47o,oc
Total present market value 1920. Ot
All other securities
Total assets Of the Company 1927 POS. IS
LIABILITIES.
Losses adjusted and duo, viz: Fire,
nothing; Inland Navigation, nothing
Losses adjusted and not due,vx: Fire,
nothing, Inland Navi tstion nothing
Losses unadjusted and in suspense,
awaiting proof, viz: Fire, 81, $50. 90;
Inland Navigation, $3.50 90 $500. 0C
Losses claimed but resisted h. the
Company, viz Fire, nothing; In.
land Navigation, nothing
All other claims against this Company
nothing
Total liabilities $4,000
MISCELLANEOUS.
The greatest amount insured by any
one risk $l5,ooo.oC
The greatest amount allowed by the
rules to be insured in any on 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, SO as t. avoid undue con-
struction.
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 act of Incorporation
Sept. 9th, 1853, an attested copy of which is on
file in the Auditors Office of the State of Iowa.
STEPHEN CKOWELL, President.
PHILAhDsR SHAW, Secretary.
CITY OF NEW YORK, &C
COUNTY OF NEW YORK
ersonally appeared before me this seventeenth
day of January, ls62, Stephen Crowell, President,
and Phiander Shaw, secretary, of the Phenix
Fire Insurance Company, Of Brooklyn, N. Y. and
severally made oath that the above statement b.
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 l7,h day Of January, 1862.