Orange County Mutual Insurance Company assessment notice
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Office of the Orange County Mutual Insurance Company
GOSHEN, July 1st, 1856.
Since the last assessment directed to be collected by order of the Directors, April 10, 1854, the Company have sustained losses amounting to $3,814, upon which payments have been made amounting to $1,638, leaving a balance of $2,176 to be provided for by assessments. The losses were:
Everett & Bull, November 6,1854, $25 00
Robert Shackleton, January 14, 1855, 5 00
Whitaker & Loomis, January 23, " 125 00
J. W. Wood, February 25, " 25 00
R. A. Elmer, March 18, " 400 00
John Southworth, March 18, " 300 00
Sweet, Harcourt & Co., June 17, " 40 00
Wm. M. Graham, June 10, " 200 00
Ditto, 96 00
Daniel Swezey, January 8, 1856, 15 00
St. Bennett, February 19, " 500 00
Wm. W. Jackson, March 3, " 60 00
Monticello Academy, March 28, " 23 00
John C. Coleman, April 10, " 2000 00
To meet these losses an assessment is required on all notes in force January 25, 1850,
No. 2596 to January 25, 1855, No. 3885 of one-tenth per cent. On all notes from March 18, 1850, No. 2629 to March 18, 1855, No. 3910, three-tenths of one per cent. On all notes from June 10, 1850 No. 2753, to June 10, 1855, No. 4018 one tenth of one per cent. On all notes from from February 19, 1851, No. 2940, to February 19, 1856, No. 4272, two-tenths of one per cent. On all notes from April 10, 1851, No. 2970, to April 10, 1856, No. 4326, eight-tenths of one per cent.
The Directors think they consult the wishes and interest of the Association in making assessments before large sums have accumulated, involving the necessity of borrowing money and paying interest, which would very soon overbalance the expense of collecting by issuing Circulars as they have lately practiced.
The necessary notice has been published, and the time of payment fixed on the first of July 1856, and at the end of thirty days therefrom the Directors are at liberty to prosecute and recover the whole of the premium notes of those who are delinquent after that date and retaining the balance to meet any further assessments arising from the continuance of the policy, returning the surplus (if any) after that . period. The Directors truSt that they may not be driven to that resort, for those who are unfortunate in losing their property by fire have a right to expect, and must not be disappointed in receiving, their money, which lies in the pockets of the more fortunate members of the association until called for.
Enclose the money in bills or certificate of deposit payable to the order of the Treasurer, on good banks in this or adjoining counties; or the certificate of a Postmaster that the money has been mailed, or the receipt of the Agent named in this Circular. Send the number of the policy upon which payments are made. Post Office stamps are a good remittance for change. By enclosing one post office stamp with the money or proper remittance and this circular, a receipt for the money paid will be returned.
The assessment upon your Policy No. 2827 is $0.90
The assessment upon your Policy No. 4213 is $1.80
The assessment upon your Policy No. .....is $2.70
If any former assessment herewith noted, has been paid to any Agent, please forward to me a copy of the receipt.
H. W. ELLIOTT, Secretary and Treasurer.
= = = = = = = = = = =
$ . . . . Received of Trustees of Chester Academy $2.70 the amount of his assessment on Insurance Policy No. 2827 & 4213
Dated . . . . 1856.
H. W. Elliott
Agent Orange Co. Mutual Insurance Company.
- - - - - - - - -
I hereby certify that . . . . . has deposited $ . . . in an envelope directed to H. W. Elliott, Treasurer of the Orange Co. Mutual Insurance Co., Goshen, N. Y., being the amount of his assessment on Policy No. . . .
Dated, . . . 1856
|Title||Orange County Mutual Insurance Company assessment notice.|
|Description||Notice of assessment paid by Trustees of Chester Academy to cover for Orange County Mutual Insurance Company losses.|
|Subject.local||School: Chester Union Free School District|
Coleman, John C.
Elliott, H. W.
Elmer, R. A.
Graham, William M.
Jackson, William W.
Wood, J. W.
Everett & Bull
Orange County Mutual Insurance Company
Sweet, Harcourt & Co.
Whitaker & Loomis
|Location||Orange (county) - New York|
|HRVH Topic||Business & Industry|
|Format.Original||Document, Business, 7.7 by 9.4 in. (19.5 x 24 cm)|
|Source||W. S. Durland Collection|
|Publisher.Digital||Chester Historical Society|
|Holding Institution||Chester Historical Society|
The Chester Historical Society
47 Main Street, Chester, NY 10918
The Chester Historical Society is a nonprofit organization as qualified under Section 501(c) (3) of the IRS code. Contributions are tax deductible to the extent permitted by law.
|Rights||Use of copyright protected material requires the prior written permission from the Chester Historical Society. Material may be reproduced for educational, nonprofit use only, with appropriate citation.â€ Please notify The Chester Historical Society of such use.|
|Technical Data||2 ea; tiff 300 ppi 24 bit scan, Epson Perfection 3200, Readiris Pro 11.0.4, 2366 x 2880 pixels, 26617K|
Orange County Mutual Insurance Company assessment noticefor