Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1870-06-03
INSURANCE STATEMENTS.
STATEMENT
or the Condition of the CONTINENTAL IN
sURANcE COMPANY, Of the City Of New
York, on the ist day of January, AID. 1870.


sURAhcE COMPANY, Of the City Of New
YOrk, oat the ist day Of January, A.D. 1870.
~ = NAME AND LOCATION.
The name Of this Company Is the ''CONTI-
MENTAL INsURANcE COMPANY incor-
pOrated IN 1874 and located at No. 100 Broad.
way, in the city Of New York.
l -o -- CAPITAL.
The capital of said Company, actu-
ally paid mp in cash, is...-..--.....-s $4,000 %
The surplus, on the lst day Of JaRu-
ary, ,ls4V..-,'-- ,sis, l22 90
Total am's OF capital ana surplus, 2sss,i ,i22 50
4fr-t ali ~ ASSETS.
Amount of cash, in Sc,
Nicholas Natna Bank
. New 1Ork ....--......--... sll9 G73 81
Amount OF cash 10 ofice, S's0l 55
Amount OF Loans on state
Stocks, and stocks and .....-.
Bonds Of the United
states, and Of Instiuu- -r-s r--.
tons Incorporated by
the state OF New York, -al
ID eRhe market value Of Se- -.r
eurltles pledged exceed ..r
ing S4so- -544 O0-......... S5 90 90 S5Cs 63l 2
Amount Of Loan ON Bonds aud Mort .
cages, being 4rst lien OF record on
z anlnelmbered Real Estate worth iI llt.
az least 81, 9,1O, on which there
Is less than one years Interest due
and owing. 4uterest per cant 7l8sS50 "
stocks and Bonds owned by Tie
=, company As followss D. l.rI
state ana city Bonds i57 I06 d
Real Estate i62 Broadway = OiO''O "
and Pine street, \. Y.
=, owned by the Company $1,000 %
Real Estate cor. Court aud
Montague streets, Brook
yn.oWned by the CO.. G2.5OO OO-Sg7 800 %
interest on Loans, due this date, ai7ls Il
Rrennlums due this date... :s33eI x
sei'ls ACCT $500 70
Total lAssets..........l 81, ~ %
--r -i LIABILITIES. ..s.
Amount OF Losses adjusted ...- -
and due and unpaid ......- None
Amount Of Losses incurred, .r.I I...
and In process OF adjust
Amount OF dividends on
capital, declared and due
and Unpaid-.......,.-.-.......-..-. 2,29S %
Amount OF dividends on
scrip, declared, unclaimed
and unpaid ..................-....-5 81. .67B "a
Amount Of scrip ordered re- @
deemed and yet unclaimd A, ,523 90
Amount OF all other exist ...r
ing claims against the
Com Pany .--.-....-'--.-.--- --.,.,.,.-
Total amount Of losses. claims and
The greatest amount insured on any va one e
risk is about s25,094 but will not, as general
The Company have no general rule as to
the amount allowed to be insured in any
NOHns NIlldEp or II being the III
tentlon Of the Company to distribute lis
risks in such a manner as not 10 lost, more
than S5,GO0 by a single IRE. Co.,.
STATE OF TENNESSEE,
rf.r..- .. COAPTRoLLER's OFFIcE,
NASHVILLE, January /, ls7O.
1, q. W. BLACKBURN Comp mptroner OF Inc
Treasury, do hereby certify that the Continen-
tai Insurance Company, located at No. IU2
broadway, in the city Of New York, has
produced to me satisfactory evidence that
said Company has complied with all the
requirements OF the laws OF the State OF
Tennessee imposed on Insurance compa-
ntes; and further certify tina. =. r. Clarke
& Co., Agents Of said Company, have also
complied with she requirements 81 the laws
of the Slate, made and provided in such
caGes. ~ -..|l'-I' t s..... Z"
Wherefore, said Continental Insurance Com
pany has authority TO take risks and transact
the business OF Insurance in this State at
Memphis, Tennessee. q. W. BLACKBURN,
...F Comptroller OF Tennessee.
..r s. r. CLARKE & CO., Agents,
lS kn1ckerbocker Building
/ 1eI i. Madison street, Memphis.