Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1870-06-10
INSURANCE STATEMENTS.
STATEMENT

STATEMENT
or The eondltiss Of the CONTINENTAL IN.
sURANeE COMPANY, Of the city Of New
York, on Il sIst day Of January, A.D. 1870.
NAME AND LOCATION.
The name Of this Company Is the % CONT
NENrAsL NsU INSURANCE COMPANY" 1ncor-
porated IN 1852, and located at No. 102 Broad
way, In the city of New York.
CAPITAL.
The capital OF said Company, actu-
ally paid up in cash, is.............g 10000 %
The surplus, on the lst day OF Janu-
arS' 81, II 20
Total amt Of capital and surplus. ass, IL 80
ASSETS.
Amount Of cash in st.
Nicholas Satnal Bank.
New 9osk.,.-- or ,..,, ;.;;;-:.slls, 90 9
Amount OF cash In o1hee, S,Sol -
Amount OF Loans on state
stocks, and Stocks and
Bonds OF the United
States, and OF InsLitu-
tions incorporated by
the State OF New York,
payable on demand.
THE market value OF Se-
enrtttes pledged exceed
Ing s4ss y - ss5 o59 o. s50sSal 81
AnnOunLo OF Loan on BONDS and Mort
cages, being nrst nsn OF record on
unlneumbered Real Estate, worth
&c least 3, 2,l29 200. on which there
- less than one years interest due
and owing tInIerest per cent 1880 %
stocks and Bonds owned by the
Company as follows:
Bank stocks .-...-........ Isl. .0s0 o.
state and City Bonds.--.---.-.........l l5T 100 %
Ss j. y Estafs iS5 Sl9I50 %
and Pine street, ". Y.
owned ~ the Company ;-.sl75,00s 90
Real Estate cor. Court and
MontAgus streets, Brook
lynscwned BY the CO...... 62,500 OO-sIs7 500 90
Interest on Loans, dps this date--...- 20,7l9 81
6renlsals due tn1s date---.......--.... 80 49l 81
Bents accrued $500 %
Total 9 ~ 50
LIABILITIES.
AmounSo Of Losses adjusted,
and due and unpaid td.....NOne
Amount OF Losses incurred,
and In process or adjust
Amount of dividends on 1''OO "
capital, declared and due
and unpaid id...--.............. 22sS 90
Amount of dividends on
scrip, declared, unclaimed
and unpaid--.-----..-----...-.-..5I 5I,67S 81
Amount OF scrip ordered re-
/ deemed and yet Unclaim'd Al I,52S 90
Amount Of all other exist
| ing claims against the
company y.-,.....--....- Nothing.
Total amount OF losses, claims and
The Ereatsst amount rsursd on AL o6a %
risk Is about so,0OO, but viii not, as general
/ rule, exceed IS, 600.
The Company have no general rule as to
the amount allowed 70 be insured in any
city, town, village or block, it being the in
1sntlon Of the Company to distribute its
risks in such q manner as not to lose more
than s., 700 by single fire.
STATE OF TENNESSEE,
/ CONPTROLLkR's OFFICE, :
NASHVILLE, January l. 1870.
/ ], q. ". BLACKBURN, Comptroller OF the
Treasury, do hereby certify that the Continent
tai Insurance Company, located at No. lU2
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 comma
n1esi and further certify that 8. &. Clarke
| q Co., Agents OF said Company, have also
| complied with the requirements Of the laws
| OF the State, made and provided in such
cases.
Wherefore, said Continental Insurance Com
Pany has authority TO take risks and transact
! the business Of insurance in this StG-e al
Memphis, Tennessee. u. W. BLACKBUHN,
Comptroller of Tennessee
s. r. CLARKE & CO., Agents,
Is knickerbOcker Building.
tel Madison street, Memphis.