. Our firemen. A history of the New York fire departments, volunteer and paid ... 650 engravings; 350 biographies. . nsurance Companies, and was succeeded in 1850,1851and 1852 by Nathaniel Richards, Mr. George T. Hope being secretary. Thetirst call for statements from insurance companies was made from the Comp-trollers office, Albany, on Jan. 7, 1829, by Wm. L. Marcy. The RevisedStatutes provided that only corporations thereafter created should file annualstatements, so that it was not until 1864 that all insurance companies, com-pelled by the new law to do so, sent in their reports. The first
. Our firemen. A history of the New York fire departments, volunteer and paid ... 650 engravings; 350 biographies. . nsurance Companies, and was succeeded in 1850,1851and 1852 by Nathaniel Richards, Mr. George T. Hope being secretary. Thetirst call for statements from insurance companies was made from the Comp-trollers office, Albany, on Jan. 7, 1829, by Wm. L. Marcy. The RevisedStatutes provided that only corporations thereafter created should file annualstatements, so that it was not until 1864 that all insurance companies, com-pelled by the new law to do so, sent in their reports. The first New York FireInsurance Company to file a statement was the New York in 1833, the yearafter its creation. It was as follows : The following balance-sheet exhibits a statement of the property and funds of this com- pany January 9, 1833 : Amount of Capital paid in December 18, 1832 $200, Amount of Premiums secured up to January 7-9, 1833 Total $200, Byr amount of loans on bank stock $, By amount of loans in public stocks 15, By amount of loans on bond and mortgage on real estate. OUR F I R E M E N. By amount of expenses, viz., furniture, hooks, etc By amount of loans on cash in Men-hunts and Trailers HankBy amount of cash in iron chest on hand , Total $200, In 1833 Comptroller A. C. Flagg rapped the following New York StockFire Insurance Companies over the knuckles, reminding them not only of thefinancial penalty, hut that a failure to report within a month of the receipt ofthe circular, laid them open to dissolution as insolvent corporations (I. R. S.,g 22, p. 5!)4): American, Bowery, Clinton, City, Firemens, Guardian, Jetfer-son, Long Island, Mechanics, New York, National, Phu-uix, Sun and Union. The reports to Comptroller Flagg for 1835 had black eyes. Losses by thelate lire in the First Ward of this city played havoc with the capital. TheStock Companies which made reports from the city were the City, loss, $156-000;
Size: 1221px × 2046px
Photo credit: © Reading Room 2020 / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookcentury1800, bookdecade1880, bookidourfiremenhi, bookyear1887
