Gazetteer of New York, 1860 & 1861 page 089
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CORPORATIONS.

Class III. includes those whose certificates are filed in the Banking Department.

89



“An Act to authorize the Business of Banking” was
passed April 18, 1838, and was modified April 12, 1851, upon
the creation of a Bank Department. Reports previously
made to the Comptroller are now made to this Department. In
1853 the articles of association previously filed in the Secre¬
tary’s office were transferred to this department.1

Individuals or copartners may obtain bills from the depart¬
ment for circulation as individual bankers, and are liable to
the full extent of their property for the redemption of the
notes and the payment of the debts of such private banks.
The name of individual banks must now be that of their
owners; and the privilege cannot be sold, or the bills be signed by an agent. It may, however, be

Obsolete Insurance Companies, continued.

Date of act of
incorporation
or of filing
articles.

Location.


Remarks.


M.


f. n.
f. m. n.


f. m. n.


f. n.
f.


M.

S.

S.

M.

S.


f.

1. ann.


m. n.
f. 1. m.


March

March

Nov.

Feb.

March


f. m. n.


f

f. m. n.


Washington Insurance Co...............

Washington County Insurance Co-

Washington Marine Insurance Co.)
of the City of New York j

Washington Mutual Assurance Co.

of the City of New York...........

Washington Mutual Insurance Co-

Wayne County Mutual Ins. Co........

Webster Fire Insurance Co..............

Western Fire Insurance Co.............

Western Insurance Co. of Olean......

Western Insurance Co. of the village

of Buffalo...........................

Western New York Agricultural
Live Stock Insurance Co.
Williamsburgh Fire Insurance Co....
Yates County Mutual Insurance Co..


United Insurance Co  ...........

United Ins. Co. in the (jity of N. Y—
United States Insurance Co. of the "I

City of New York   J

United States Mutual Insurance Co.

United States Insurance Co.............

Utica Insurance Co........................


Tompkins County Mutual Ins. Co-
Traders’ Ins. Co. in the City of N. Y.
Tradesmen’s Insurance Co. in the

City of New York....................

Triton Insurance Co.............—.......


Unadilla Mutual Insurance Co.........

Union Fire Insurance Co. of the City

of New York  ...................

Union Insurance Co........................


Utica Live Stock Insurance Co.........

Washington County Mutual Ins. Co.


Tontine Fire Insurance Co...
Troy Insurance Co..............


Union Mutual Ins. Co. at Fort Plain


Trust Fire Insurance Co.


Troy Mutual Safety Insurance Co-

Trust Fire Insurance Co.................

Tempest Insurance Co....................


New York..........

New York..........

New York..........

West Potsdam—
Saratoga Springs
Utica................


Buffalo...............

Cleveland, Oswe¬
go co ..............

W illiamsburgh...


New York......

Canandaigua-
Olean— ,


Troy............

New York—
Meridian .


New York..
Unadilla—.


New York-
Troy..........


New York-
New York-


New York-
New York-


New York-
New York-


Utica........

Granville-


Ithaca.......

New York-


New York-


Fort Plain.


March 30,1802
April 11,1842
May 12,1836
March, 1855
April 3,1824
Jan. 22,1853

April 7,1817

April 15,1852
April 17,1843
March 9,1837


April 25,1840
March 9,1S25

March 14,1825
April 4,1838

May, 1855
April 5,1831

May 7,1844
April 25,1830
Jan. 29, 1853


April 25,1839

May 12,1836

April 24,1833
March 18,1818

May 21,1850


April 12,1852
April 22,1837

April 29,1839
April 24,1832

April 27,1833


14,1840
10, 1798

31,1837

8,1850
22,1851
29,1816


Cap. $400,000.

Cap. $500,000. In 1837 extended to
Jan. 1,1862.

Changed to Union Insurance Co. July
8,1851.

Cap. $500,000.

Cap. $500,000. Twice extended.

Cap. $1,000,000. Fire risks allowed
May 5,1840.

Receiver appointed Feb. 1855.
Receiver appointed Feb. 1859.
Receiver to be appointed by act of
May 26,1841.

(insured live stock.) Cap. $25,000.

Reorganized Dec. 13,1849. Receiver
appointed Sept. 1856.

Cap. $250,000.
f.    Cap. $50,000.

Cap. $300,000. Reduced to $100,000,
1833, and changed to Marine Mutual
Fire Insurance Co. Allowed to take
fire risks April 27 1833.


Cap. $250,000.

Cap. $200,000.

Cap. $250,000. Reduced to $150,000
May 26, 1841.

Receivor appointed Oct. 1856.

Cap. $200,000. Directed to close up by
act of April 21,1840.

Cap. $150,000.

A committee appointed in 1855 could
not find the books or Secretary of
this Co.

Changed from Eighth Ward Fire Ins.
Co. Cap. may increase $200,000.


Referee appointed Sept. 1855.
Cap. $250,000.

Receiver appointed Dec. 1855.
Cap. not over $400,000.


reorganized, and 39 have failed, closed, or changed their names.
The Manhattan Co., created “ for supplying the city of New
York with pure and wholesome water,” and the New York Dry
Dock Co. possess perpetual banking powers. Other corporations
for manufacturing or commercial purposes were allowed like
privileges for limited periods, all of which have expired. In
1829 a “ safety fund” was created, by requiring an annual con¬
tribution of
i per cent, of its capital paid in from each bank
formed or extended after that time, until each had, paid 3 per
cent. This fund was placed in charge of the Cbmptroller, and
applied to the redemption of the bills of insolvent banks con-
tributiug to this fund, after their other means had been ex¬




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