The Daily clarion. [volume] (Jackson, Miss.) 1866-1888, 1876-03-12
JACKSON ADVERTISEMENTS.
MAlEnENT OF THE CONDITION
OF THE
PHENlA INSURANCE COMPANY.

Of brooklyn. ". W.
on the First Day of January. 1876 made 10
tne auditor OF Public Accounts of Mississippi
pursuant to the statute of that State.
NAME AND LOCATION
The Name of this Company is the PHENIx
NoURANCE COMPANY. and it is located in
the olty OF Brooklyn, State of New York.
The Capital of said Company actu-
~ ally raid up in Cash is.Sl OOC 600 90
me surplus on the lst day of Jan
lo'o'..-... ,54S, $50 II
Total amt of Capital and Surplus 81 549. 80 II
ASSETS.
Amt of Cash on hand and in bank S153 O2O II
Amount of Cash in hands of Agents
IN course of transmission ..., % 4f5 %
Am t OF Loans on bonds and Mort
cages, being first lien on unin-
numbered Real Estate (mostlv
dwelling houses in the CITY Of
Brooklyn) worth at least $779-
5oO, rate Of interest 7 per cent 9l9 lbs 90
Am Loans on demand secured by
pledges of good bank and other
Corporation Stocks as collateral.
the market value of which is at
least Sl3l, 1854 10 rate of interest
per eent.:.... 1925 90
Am Bills receivable for Premiums
on Ocean, Marine and Inland
Navigation ELECTROMAGNETIC. 1851 IS
Amt Invested in United States.
State and County Bonds and
Bank Stock market values ..,..~ 1,498,O84 -
Amount of Debts for Premiums
Fire and Inland ...,............. 36O25 q2
amount OF accrued lnterest......... POI So
Amount of Real Estate owned by
the Company .......................... 246 535 10
Amount of Wrecking Apparatus
at Detroit. Mich. ..,....:..:.....,... 1900 90
Amount of Salvage Claims on
Losses Paid ........................... 37,O54 Sc
hents ACKNOWLEDGEMENTS. 1859 80
Total 81 549, 958 II
TOTAL LIABILITIES
Amount of Losses adjusted and due
and unpaid ACKNOWLEDGEMENTS. None
Amount Of Losses adjusted and
not due $ 24,844 "a
Amount of Losses incurred, and in
process of adj acknowledgements. 6O587 "A
Amount of Claims for Losses resist
ed by the Company ................. 10 481 90
All other claims against the Com
pany, commissions and return
premiums ............................... 1927 10
Amount necessary to re-insure
outstanding risks. 66l O58 90
Gross amount of Losses, Claims
and Llabllltles...... $764 269 90
The greatest amount on any one risk is $50
OOO, but will not as general rule exceed S10-
900.
The Company has no general rule as to the
amount allowed to be insured in anv CITY
town, village or block, being governed in this
matter, in each case, by the general characte,
of buildings, width of Streets facilities for put
ting out fires, etc.
This Company was Incorporated under the
general Insurance Law of the State of New
York, and obtained it's Charter or Act of In
corporation, September 9th, 1858, an attested
copy of which, as amended, filed heretofore.
STATE OF New YORK,
CITY AND COUNTY OF New L DIRK.
STEVEN CROWELL, President, and WILL
LIAM r. CROWELL Secretary Of PHENIx IN
sURANCE COMPANY, being severally and duly
sworn, depOse and say. and each for himself
says, that the foregoing is true, full and cor
rect statement of the affairs of the said Cor
poration, and that they are the above described
officers thereof.
[sIGNED. STEPHEN CROwELL, Pres.
W. r. CROwELL, Secretary.
Subscribed and sworn before me- this LIST
day of February A. d., 1876.
SIGNED FRANCIS P BURKE,
sEAL.l Commissioner for Mississippi in
New York.
STATE OF MISSISSIPPI, Set.
|, W. H. GIBBS, Auditor of Public Accounts
Of the State aforesaid, do hereby certify that
the foregoing copy of Statement of the Phenix
Insurance Company, of Brooklyn, n. Y, is
truly and correctly copied from the original
on file in my office.
Given under my hand and Official Seal, at
[sEAL.] Jackson, this lst day of March,
1876.
W. Fl. GIBBS.
Auditor of Public Accounts.
BARROVES a. SMYTEEE, Agents.
jackson, Miss.
March g. 1876.-w3t.