, 1876-10-09


TIE EQuiTArf.E INSURANCE. COMPANY.
There ia nothing noteworthy tn tile casc OF the
Equitable Insurance. Company Tho books and
papera Of the Company we're totally destroyed
In the great fire, but enough hos tlccn COLLECTED
70 pay Il dividend of per cent, and about 2 per
cent more will l,o pail when suit now PEND
Ing In tic United States Court Is decided.
Tho total elsins were. :....."."..-.sf,5 5a5, 900
hnhnht collected, about. LII, u1Q
seearcd notes, faco 1alae. .......s..... i, 900
Iotal axpcnses.'...,. ...:....... 10 600
As nearly al1 tho assets were collected by suit
the ratio Of expensest aoont Il per cent, Is quite
small, being littlc more than the ordinary cost
Of collection without suit.
TIE LAMAR.
Tho Lamar Insurance Company went out Of
business IN tic spring Of 1871, anl rcnsurcd It's
claiEnN In tho Peoples Insurance Company OF
San Francisco, 90 Tint It }las never been put iii
bankruptcy. The most OF its claims were, after
Of creditors, reprcscnting about ei5o,o05, who
Ind not compromised, fled creditors bill In
the Superior Court against the stockholders OF
the Lamar. and have llad excellent SUCCESS. a
ceivcr On ttc.o claims, and 1t is expected they
will aIl bc paid In full.' Suits layu bgcn ncccs-
aarY, however, ei5ainst tho 1900 Stockholders,
and the costs have been large.
THE MEHCuAETa'.
The affairs ot the Merchants arc virtually
Acttlcd, though tho Ase!gncc Mr. ". z. Koll0,
still has about e10,oo I'll his hands uncallcd for
on divllcul warrants:
The total liabilities OF this Company
were. 81, S3U D1J. ~
Amount coalectcd.... ........"... 83b 2U7. 90
s' T%zss and to:iand claim; p:d in
ful:...;;..: .....;.....;;::..:.:; 15, 400. u
tecs and other expenses. ::.::...: 81, pos. OF
warrant,., about; ...;.......... 1900. %
Amount paid OIL dividends. 48l, AL. IL
49, Tho estate paid sh pct cent on its claims.
Nm tanf MI {rST
Der, 1874, whca dividend Of " per cent was
April 10, lB70. Tho most Of tho asscts were
COLLECTED by suit, yct tho percentage Of c1-
penaes to collections was less than 6L pcr cent.
the GEnMANIA INSURANCE CONTRARY.
The Germnnia Insurance Company started to
clnso up Its affnirs untlcr tile supervision Ut tho
Circuit. Court Of Cook County, William Yoeko
bankruptcy proceedings being. begun l1o was nj
pointed Assignee and finished Ills duties. Tic
usnal amount Of litigation against stockholders
WINS necessary.
The total liabilities wcso ......"...sso,2 25o, ,ooo
Amount collected. od..."............. 20. 600
Attnrncys fetS.................... 10, 900
MsslgmfTsa IL ..i.,..,: o,S:. 1900
expenses. II, GOO
Three dividends, amounting to OK per cent,
were dcclarcd, and tho expenses Of winding tho
cstate up were over II per cent. Tho Assivnco
otill l,as about S1,5G0 ia hia l,antB, for which
warrants huve heru drawn, aud wlirll Is owjng
to certain policy-holdcrs who have failed to cali
for IT,.
TIE rIREMAH's
was closed up about three years ago, and tho
Assg,lce now l,as on l,aud only about 81 ,o0O duo
On dividend warrants which haye not been
called for. Thls Company made the most rapid
p5ogrs1;s, IN =, Tnin " II Affairs nt3sr the
top, Esq., ani il paii total a,aount Of tx
cents on tue dollnr On its liabilities. The per
ccntage Of closing up was less than 4 per ccnt.
Its ntsctdt however, were In excellent condition
ho 81 iaSss 9ootaa n about aai Ws7e
tho amount collected was about S402, ,S57.10
THE LuMnEnMAMs INSURANCE COMPANY.
The affairs Of tho Lnn,bcrinnn's Insurance
Company wore wound UP, aomo two, ycara ago.
0W. Prsyions to that event the Company llad
made negotiations toward reirsuring fl the
F!rcman's insurance Company, and tho nnnount
ot sS capital S s5osk was iy!ded AMONG tho
over, concluded. aid the Stockholders were
Obliged to repay tho amount divided, which was
sufficient to 1nakc dividend Of A per cent.
THE KNIuKHNB0CKEN.
The knlckeEhockcr Insurance Company has
not boen put through bankruptcy; tt has not
l1ad Receiver to clote up its affairs; aud has
not paid diyidoud OIL !ts eia!ms. 1t is sui gt,.-
s hst s a9f Il t,S oS to
Of having an astute ex-'udgo for President,
aud rcry carclcss way of doing business, to-
gctlcr With sonic ucfurious legal transactions
utter the Firc, nobody has cyor been
ablc to lind out much about the Company's af-
fnrs Its claims sud to brokers at p,lu time ns
high as 10 ccnts On tic dollar, but latcr, as tho
chances Of tapping the old judges pockct-bouls
grew amuller'by degrees and beautifully lcsr,
tho claims sank to ID per cent OF their fncc val-
TIC. a legal tlrm, who represented 5a00, 600 of
claims, managed 10 ciIect settlement for 20
cents On tho dollar. Most Of tho cla!ns havu
now been bought up,. md they ere not at PRES
cnt considered Il gnod Investment, nor likely to
pay any heavy profit.