The New York herald., 1879-03-04

placed charge of Mr. Nichols president had become
na his
ss ss a ss @ a 1
To that he has done well is but feeble expression for
s to S e ne s os as
asse;s ssons sDs, to the ss snS % the
part of the following:-
Real estate owned 81 249 225 80
Premium notes and loans. 233l o5l W
Total. S 49s 1858 o7
outside office building has been taken under fore
On of 1ss ss a
and the receipts from the $l 295 II thus
The Ss 70 S
s33i II this and the returned
IN statement is the result OF repairs to buildings fore
s the date the title was was passed ~ ~ ' 'NS'' ~
oughy verifying each item of income and expenditures
of said item and therefore asonished at
company whose report IS filed in the department.
wseh IS reported by them This was
purchased in 1872 for si64o at time when real estate
with i've years the expired s1 90
tho ornary repairs incident to real estate have been
made on it. In total Of about $i.os,ooo owned, and
ing s749o the present value Of this property is re
-. The bonds and mortgages-in number 2Ol-are
located win three @ on IN % the
have been separately appraised by the same gentlemen Sc
five value of premises reported
less amount than the loan combining the duo and
s hs Of
sets.
respectfully solicit attention to the alarm
ing exhibit IN mortgage senednes heregn @ asd @ OF the
will Io observed comparison with Of
%ortsasss - % returned there very nearly
This Is truly matter rs9nring the most active measures
sum but to collect and investNas required primarily in
as s on los; seR R"
will bo seen from tho above that tho success
to- % os sS
From the zeal displayed by tho presden, IN the and
ccrey that the company be allowed go
and that issuance OF policies be prohibited during
the period.
Knickerbocker by the Superintendent, but no fur
ther action has been taken.
THE KNIcKBocKKR MORTGAGE LOANS.
For the further information of your readers ap
pend list of loans OF $1,000 and made by this
company and for which mortgages hold mostly
on Brooklyn, Paterson aud other country property.
Though the compsnys valuations of the various
parcels of property are added it will not be difficult
ties 20 form his own estimate OF values.
AMOUNT Companys
Loaned. Description of Property. .dpI, disoi.
$4,000, No. 302 Macon st., Brooklyn 20x1O0.. $4,000
$4,000. 900 acres of land Stony Point aud
ss6oo "iDa morisases M Nos ss to sia Macon ST. '''
Brooklyn. ........................ $4,000
$4,000, ? mortgages Nos. 2s2 and 2o4 Macon
ST.. BROOKLYN. ............................ 1900
5i,430. 6 mortgages double frame dwelling
and other buildings. 10 lots land on Nc
Donough ST., Brooklyn. $4,000
77s0. II lots of land Braxton ST. Brooklyn. l5,0UO
I4OoO, brick carhouse and stables and IG lots
of land on 9Th av.. Brooklyn. ............. $1,000
$4,000. brown stone dwelling No. 37i Clinton
st. Brooklyn, aud lots OF land.
10000. brick stable Atlantic ST.. Brooklyn. $1,000
1900, mortgages. Nos. lis. Il5. ll0 Nc
Donough ST., Brooklyn. $4,000
10000 20 lots Halsey st.. Brooklyn. 10000
T,5OO lots. Macon st.. Brooklyn. 10000
$685. lots, Decatur st.. Brooklyn. ........ 5000
6.O00 4 lots, McDonough ST., Brookiyn...... 5000
24.OJO mortgages, Nos. 3i4 346. $50, 352
Yates .......................... $4,000
60,U0 30 lots on various Streets Brooklyn. 63.OUO
1900. mortgages. dwellings. Degraw St..
brooklyn, l6.sxlOs each. 5000
40,7z3. frame iron works. &C., on Elizabeth,
Dwight and Van Dyck sts Brooklyn...... 10000
1O.JOl, mortgages, NOS jo3 and jso Macon
St. Brooklyn....; 1900
$1,000. mortgages, Nos. 4l5, d23 and i25
Yates av., Brooklyn. 10000
25xloo each. ........... 10000
1900. lots ON Halsey st.. Brooklyn, 20x1O0
each. ........... observation-disclosures. 12OO0
s5.5o5 "a lots various streets. brooklyn. $4,000
1000. No. 3l4 Macon st., brooklyn. 1900
$4,000, mortgages. three dwellings. Sackett
st., Brooklyn. 2ixlO0 each. ............... $1,000
5000. lots. Mott Haven. n. Y............. l5OOU
234,C3i. 292 lots. franc hotel and dwelling.
Mott Haven ........................3 .377 900
1880 lots. Mott Haven. ................ 1900
1900. factory Mott Haven II l3 lots. 2.OO0
5000. brick stores. Port Henry, n. Y......
5000. frame factory. Brcslau u............. 1900
80 ID, ~. IL.
100. No. $40 West 2sth st.. New York. 1900
5000. land, ii l-3x2ol.5. Madison av.. New
York .................... $4,000
33.9xlOo. ........ .................... $500
1000, stores, Jersey City ............... 1900
5000, brick apartment Newark. y. J........ 10000
s.4Uo. 5 mortgages, AZ lots OF land, Paterson,
N J:.,. ..................'........ lo45o
G.0oO, II lots Paterson Observation-Disclosures. 1850
12l 500. l3 mortgages. 4S9 lots in Patcrson 100
1900. frame dwelling, bridgeport. Conn, 3ja
o.Sco' brick dwena savannah 2i'oo
1911. sugar plantation. 1T. Bernard, La....
The total amount OF mortgages neld 10y the Knck-
erbocker Lsfe Is sl.9it.ls6 Ia The company also
owns sl2i2.sY7 in real estate all OF which has
into its possession by foreclosure. with the exception
OF its Office building. which is valued at S2ls,6s6 As.
THE NEW YORK LIfE MoRlaAGLs
The New York Life Insurance Company. one of the
most prominent in New York city, has q line of
mortgages amounting sli. 900 OoO and no less
than 1900 policies. representing the formidable
OF about $lzo0O0OU0. inscribed upon the books of
that concern. The records of this company. ilo
in the Insurance Department. have this advantage,
that in the column adjoining the description OF Zach
piece OF property can be found the department ap-
praisal aside OF the coinpanys valuation 1t will DO
seen that in many instances more than so per cent
the value has been loaned by this conserya-
tive institution in some instances us high 70 per
cent having been advanced. like the item OF $4,000
No. S05 Seventh avenue. which is appraised at
only 100000, and the six mortgages of $4,000 on
13Oth street. near Sixth avenue which liz only valued
at s72O00 II will also be noticed that quite con.
siderable amount Of unimprovcd property (vacan is
n,ortpaged by tho New York Life. Tie Yoliowing aro
among the nost important mortgages held by this
company covering they do Of the most select
localities in New York.
Amoum C0mpany's
Loanoi Description Of Property pdiaatiea.
So, 800, mortgages. Nos. 40. AZ and "A East
5sth st.... ..............:...
10000, II mortgages, $. $. of l3ist st.. begin
ming ut Ito tt. =. of 9TH .17600O
1000, Mss 3lI. 3l9 ana 32l East 3th st.... jlOU0
1l,5OO, No. 90 Clinton st.................. 4lUUU
1880, q mortgages. Nos. 2O6 and 2l2 East 44th
Observation-Disclosures. $4,000
10000, SO lots, each 2jxlO0. n. ). of 18th st..
81 1t. Q. OF 9TH av. New York............ 10000