THk DAILY EV KrVlNQ TELEGRAPH PHILADELPHIA THURSDAY, MAY 11, 1871
IN INSURANCE DEPARTMENT.
A a Act to Establish a, Department for the
Kxeentlon of Inwa In Relation to In
durance
On the 3d inst. Hon. Mr. Mann, from the
Committee of Ways and Means, offered to the
llouse of llepresentatives at JJarrisbtirg the
following bill:
Section 1. Be it enacted by the Senate and
House of Representatives of the Commontoealth
of Pennsylvania in General Assembly met,
and it it hereby enacted by the authority of
the same, That there ia hereby established a
separate and distinct department, whioh shall
be charged with the execution of the lawa
heretofore passed or that may be hereafter
passed in relation to insurance.
Section 2. The chief officer of said depart
ment shall be denominated the superinten
dent of the Insurance Department. He shall
be appointed by the Governor by and with
the 'consent and advice of the Senate, and
shall hold his office for three years. He shall
receive a salary of two thousand five hundred
dollars, to be paid quarterly. He shall em
ploy from time to time the necessary clerks, not
exceeding five, to discharge such duties as he
shall assign them, when compensation shall
be paid to them monthly on his certificate.
He shall appoint one of the said clerks to be
bis deputy, who shall possess the power and
perform the duties attached by law to the
office of principal daring a vacancy in such
office, and during the absence or inability of
the principal. Within fifteen days from the
time of the confirmation by the Senate
of the Superintendent he shall take and
subscribe the oath of office prescribed by the
Constitution of this Common wealth, and file
the same in the office of the Seoretary of the
Commonwealth; and the said superintendent
of the Insurance Department shall give to the
commonwealth a bond in the penalty of
$10,000, with two sureties to be approved by
the Attorney-General, conditioned for the
faithful performance of the duties of his
office, and the said superintendent shall not
directly or indirectly be interested in any in
surance company.
Section 3. The said superintendent of the
Insurance Department shall possess all the
powers, perform all the duties, and be subject
to all the obligations and penalties now con
ferred by law npon the Auditor-General of
the State, or to which the Auditor-General
is subject in relation to insurance companies
and the formation thereof under the laws
relating thereto, so that every power and
duty thereby conferred on the Auditor
General shall from and after the confirmation
by the Senate of such superintendent be
transferred to and conferred upon the said
superintendent. It shall be the duty of the
superintendent of the Insurance Department to
arrange the information contained in seotion
eight in a tabular form, or in abstracts, and
to prepare the same for printing in his annual
report to the Legislature.
Section 4. The said superintendent, with
the approval of the Governor, shall devise a
seal with suitable inscription for his office, a
description of which, with a certificate of ap
proval by the Governor, shall bs filed in the
office of the Secretary of the Commonwealth,
with an impression thereof, which seal shall
thereupon be and beoome the seal of office of
the Insurance Department,and the same may
be renewed whenever necessary. Every cer
tificate, assignment, or conveyance executed
by the said superintendent in pursuance of
any authority oonferred on him by law, and
sealed with his said seal of office, shall be re
ceived as evidence, and may be reoorded in
the proper recording offices in the same man
ner and with the like effect as a deed regu
larly acknowledged, or proved before an offi
cer authorized by law to take the proof or
acknowledgment of deeds; and all
copies of papers in the offioe of the said
superintendent, certified by him and authen
ticated by the said seal shall in all cases be
evidence equally and in like manner aa the
original.
Section 5. All books, papers, and docu
ments, securities, stocks, bonds, and mort
gages, and all other papers whatever in the
office of the Secretary of the Commonwealth
and Auditor-General relating to the business
of insurance, shall on demand be delivered
and transferred to the Superintendent of the
Insurance Department, and be and remain
in his oharge and custody.
Section (. There shall be provided suitable
rooms for conducting the business of
the said department, and the
Baid superintendent shall from time
to time furnish the neoessary furniture, sta
tionery, fuel, lights, and other proper conve
niences for the transaction of said business,
the expenses of which shall be paid by the
State Treasurer on the certificate of the su
perintendent. Section 7. There shall be paid by every
company, association, person or persons, or
agent to whom this act shall apply the follow
ing fees towards paving the expenses of exe
cuting this act: For filing certified copy of
charter, the sum of thirty dollars; for filing
the general statement required,
twenty dollars; for every certificate
of agency and copy of statement, three
dollars; for every copy of paper filed in his
office the sum of ten cents per folio, and for
fixing the seal of said offioe to such copy aad
certifying the same, one dollar. In cane the
expenses of said department shall exceed the
amount of fees collected under this act and
paid into the State Treasury (exclusive of the
tax on marine premiums), the excess of suon
expense shall be annually assessed by the
superintendent pro rata upon all the stock
insurance companies of the State, and the
said superintendent is hereby empowered to
collect such assessments and pay the same
into the State Treasury.
Section 6. The charter of all companies
htreafter incorporated under the general laws
of this or any other State, or by the courts
thereof, for the purpose of making insurances
on vfchhi-lH, freight, cargoes, and all matters
connected with marine risks, and all insur
ances on dwellings, houses, stores, and all
kind of buildings, furniture, merchandise,
bd other property against loss by fire and
the rik of inland navigation, and to inke
iitfturarice npon the lives of individuals, and
U rcl ve and execute trusts and to nuke
Ml'M4)iit and to grant aud purchase an
nrjilUi, and the charter of all companies
Latlrig like objects incorporated by any
ttyn tfovtrnii.ent, before transacting buHi
t, in tbU Commonwealth auall Aral be ex
f.ifa'i by the Attoruey-Geueral, and if
f'iij'l by Mm to be ia aooorcUuoe with tua
O,r,uiritofi arid lawn of this HUU, h sWl
riUf the hoi to the anpertutendeut of ia
ntitmr, whurnqxO such couupaoie-t, after
Laving cfuplle'l with all other re luire ueut
el the laws of ttil State, fchall be authoruid
tO tf ,Kct jflftllM.
Faction !. It ball be the duty of all fire,
rirlii, inlitLd, and lift Insurance annuity.
and trout companies under the general or
pcil laws ot till Commonwealth or by the
courts thereof, or by any otber State of the
United States, or auy foreign government, to
submit annually on the 1st dy of January or
within one month thereafter to the Attorney
General a statement, verified by the oath of
some officer or agent of snob companies,
showing the trtia nnnditionaf such oomnanien
for the previous year, and exhibiting ia de- I
ian ids following lacis ana lieiuu, nun m tu.
following forms:
First. The amount of the capital stock of
the company, with the number of shares
subscribed for, and the amount of the assess
ments or instalments on the same that have
been called in and aotually paid into the oom
Pany in cash.
Second, The property or assets held by the
company, specifying
I. The value or nearly as my be of tfie
real estate held by such company.
II. The amount of cash on hand, and de
posited in the banks to the credit of the com
pany, specifying in what banks the same is
deposited.
III. The amount of cash in the hands of
agents nnd in the course of transmission.
IV. The amount of loans seoured by bonds
and mortgages, constituting the first lien on
real estate on whioh there shall be less than
one year's interest due and owing. .
V. The amount of loans on which interest
has not been paid within one year previous to
such statement.
VI. The amount due the company on which
judgments have been obtained.
VII. The amount of stocks, whether of any
State or of the United States, or of any in
corporated city of the United States, or of
any other description owned by the company,
specifying the market value and number of
shares of such stocks and the par value of the
same.
VIII. The amount of stock held by the
company as collateral security for loans, with
the amount loaned on each kind of stock, its
par and market value.
IX. The amount of the assessments on the
stock of the company called in and due and
unpaid, and the amount of the premium note
due and unpaid.
X. The amount of interest due on invest
ments made by the company due and unpaid.
XI. The amount of premium notea due the
cempany.
Third. The liabilities of such company,
stating:
I. The amount of losses due and unpaid.
II. The amount of the claims for losses
which are in suit or are contested by the
company.
III. The amount of the losses of the com
pany during the year for which the state
ment is made, distinguishing between those
paid and those not settled, those contested,
and those reported to the company and not
acted upon.
IV. The amount of dividends declared by
the company, and the amount due and un
paid. V. The amount of dividends (either cash
or scrip) declared by the company and not
yet due.
VI. The amount of money borrowed, and
the amount and nature of the seourity given
for the payment of the same.
VII. The amount of all the existing claima
against the company, contested or otherwise.
Fourth. The income of the company for
the year preceding the statement, specifying-.
I. The amount of cash premiums received.
II. The amount of the premium notes
taken by the company.
III. The amount of premiums earned.
IV. The amount of interest money re
ceived from the investments of the company.
V. The amount of income received from
any other souroes.
Fifth. The expenditures ef the company
for the preceding year, setting forth:
I. The amount of losses paid daring the
year, stating how muoh of the same accrued
prior to the year, and the amount at whioh
said losess were estimated in the preceding
annual statement.
II. The amount paid and owing for re
insurance premiums.
III. The amount of return premiums,
whether paid or unpaid.
IV. The amount of dividends declared and
the amount paid during the year.
V. The amount of the expenses paid during
the year, including commissions and fees
paid to agents and officers of the company.
VI. The amount of taxes paid by the com
pany. VII. The amount of all other expenses and
expenditures of the company.
Section 10. It shall be the duty of the
Attorney-General to require from each of
such companies the annual statement provided
for by the preceding seotion of this act, and
to promptly examine the same, and as
certain and satisfy himself of the correctness
thereof; and in order that be may be fully
enabled to do so, he and the Superintendent of
Insurance are hereby empowered to examine
personally, or by others deputized for the
purpose, under oath or anirmation, all oui
ceis, attorneys, agents, and olerks of suoh
companies touching the matters contained in
said annual statements, and to compel by
process of subpoena aud attachment, issued
by them under their seal of offioe, the perso
nal attendance of said offioers, attorneys,
agents, and clerks, together with the produc
tion of all the books, papers, vouchers, ana
accounts of their respective oompanies, and if
satisfied of the entire correctness of such
statements the Attorney-General shall certify
the same to the Superintendent of the De
partment of Insurance, who shall receive and
hie the same among the records or his de
partment.
Section 11. It shall be the duty of the Su
perintendent of the Insurance Department
to cause to be prepared and tarnished to
each of the companies and to the attorneys
of companies incorporated by other States or
foreign governments, printed forma
of statements required by this aot. jt
shall be the duty of the Super
intendent of the Insurance Department to
publish for one week in two daily newspapers
in the county in whioh the general office of
any insurance company chartered under the
laws of this Commonwealth is looated, the
annual statement of such insurance ooinpaoy,
as approved by the Attorney-General, and the
Superintendent oi the insurance Department
shall also publish the annual statements of
the insurance companies chartered by the
laws of any other State or any foreign
Government, and doing business in this State,
for the space of one week, in two daily papers
in the cities of Philadelphia, Harrisburg, and
I'ittuburg, and if any insurance company has
its office located in a county where no daily
paper is published, then the annuil state
meats of such company shall be
published for one month in two weekly news-
1apers in the oounty in which such office is
ocated; and if there shall be no weekly news
papers published in such county, then the
same shall be publiwhed in the two weekly
newspapers in the oounty or counties next
adjoining, and the expenses thus inourred in
advertising the annual statements aforesii!
shall be paid by the insurance company when
tne annual statement is thus published.
Seotion 12. All lawa or parts of laws inoon
t l A. Ml J Tj . . .
mem wita ims act are hereby repealed.
FINANCIAL.
JAY COOKE & C0.f
PHILADELPHIA, SEW Y8RK and WASHINGTON.
jay cooke, Mcculloch & co.,
LONDON,
IJvYjNItiaitH
AXB
Sealeri In Government Securities.
Special attention riven to the Purchase and Bale
of Bonds and Stocks on UommlsBlon, at the Board of
Brokers in tills and other cities.
INTEREST ALLOWED ON DEPOSITS,
COLLECTIONS MADE ON ALL POINTS.
GOLD AND SILVER BOUGHT AND SOL
In connection with our London House we are now
prepared to transact a general
FOREIGN EXCHANGE BUSINESS,
Including Purchase and Sale of Sterling Bills, and
the Issue of Commercial Credits and Travellers' Cir
cular Letters, available In any part of the world, and
are thus enabled to receive GOLD ON DEPOSIT,
and to allow four per cent. Interest In currency
thereon.
Having direct telegraphic communication with
both our New Tork and Washington Offices, we can
offer superior facilities to our customers.
RELIABLE RAILROAD BONDS FOR INVEST
MENT.
Pamphlets and full information given at our office,
6 8 8mrp No. 114 S. THIRD Street, Phllada,
A RELIABLE
Safe Home Investment.
the:
Funbury and Lewistown Railroad
Company
7 per curar. GOLD
First Mortgage Bonds.
Interest Payable April and Octo
ber, Free of Mtnte and United
States Taxes,
We are row offering thn balance of the loan of
tl,20H,uoo, which 1 secured by a first and only lieu
on the entire property and franchises of the Com.
pany,
At OO and the Accrued Interest
Added.
The Road Is now rapidly anDroachlnsr comnletlon.
with a lame trade lu COL, IKON, and LUttBEK,
In addlt'on to the passentier travel awalMng the
openmg of this greatl.v needed enterprise. The local
trade alone is sumcleutlv large to sustain the Road.
We have no heslta'lou In recouiiuendlnir the Bonds
as a CHEAP, RELIABLE, and SAFE INVEST
muni.
For pamphlets, with map and full Information.
apply to
WM. PAINTER & CO.,
BANKERS,
Dealers in Government Securities,
Ro. 36 South THIRD Street,
PHILADELPHIA.
INVESTMENT BONDS
PORTAGE LAKE AND LAKE SUPERIOR SHIP
CANAL 10s. Secured by first mortgage on the
canal (now completed), aud on real estate worth five
tunes the amount of the mortgage.
KANSAS CITY, MISSOURI, 10s.
Omaha), log, and other choice Western county and
city bonds, yielding good rates of Interest.
ALLENTOWN CITY f 'A.) 8EV8N PEH CENT.
sciHO' L BONDS, free fro u taxes under the laws
of the State, at par and Interest.
For full particulars apply to
IIOWAUD 1 A It LI NOT ON,
8 8 8m No, 147 South FOURTH Street.
NEW U. S. LOAfJ
GOL.D VIVI3 5-SOs
Converted into New Loam of the
United States on best terms.
DE HAVEN & BEO.
financial Agents United States,
No. 40 South THIRD (Street.
4 25 stuih lm
B. E. JAMISON & GO.
SUCCESSORS TO
I?. IT. ICllILLY & CO,
BANKERS AND DEALERS IN
Gold, Silver, and Government Bonds
At Closest market Hates,
N. W. Cor. THIRD and CHESNUT Stt
Special attention given to COMMISSION ORDERS
tn New York and Philadelphia Stock Boards, etc.
etc i g
JOHN S. RUSHTOII & CO.,
BANKERS AND BROKERS.
GOLD AND COUPONS WANTED.
City Warrants
BOUGHT AND BOLD.
No. CO South THIRD Street.
8861 PHILADELPHIA.
A SAFE liOMB INVESTMENT,
4 "
Paying T Per Cent. Free from all Taxes.
The Ueueral Mortgage 80. Year Boudi of
Ihi wciiuititcr ana cnuaaeijmia
llallroad Company,
Bearing Interest at T per cent. per aunum, payable
April 1 ana Coluber 1. free of all taxes.
We oner for sale a limited amount of the above-
naifcrd bondaat 05 and I u ureal.
Full lnloimatioo furnished on application to
E. W. CLAKK A V i., Hunkers,
Milt No. S3 bouth TiilUU Street
FINANCIAL.
GREAT NATIONAL
LOANS.
NEW FIVE PER CENT. BONDS OF TILE
UNITED STATES.
The Treasnrj Department ia now able to
promise that the registered Certificates of
Stock, and a good part of the Coupon Bonds
of the New Loan of the United States, bear
ing Five Per Cent. Interest, payable quarterly
in Gold, will be ready for delivery early in the
present month. The Subscriptions to the
Loan now amount to $02,000,000, and it is
expected that the Subscriptions and Sales will
progress more rapidly when the Certificates
and Bonds are ready for market abroad as
well aa at home. The whole Bum of Five
Per Cents offered to the public generally, and
to the hoWers of United States 5-20 Bonds,
without qualification, is $200,000,000. When
this amount, to which preference is thus
given, is taken np, the remainder of the Five
Per Cents, $300,000,000, embraced in the
New Loan of July 14, 1870, for refunding the
Public Debt, will be offered in connection
with $300,000,000 Four and One-half Per
Cents, and any part of $700,000,000 of Four
Per Cents, the one running fifteen years, and
the other thirty years.
The following is a copy of the New Five
Per Cent. Bond, under and pursuant to the
New Loan Act of Congress:
K0BM OF 5 PER CENT. BOND.
INTEREST FUNDED LOAN OF 1881 5 per cent.
UNITED 8TATE3 OF AMERICA
ARE INDEBTED TO THE BEAKER IN THE SUM OF
DOLLARS.
TIIIS BOND Is Issued In accordance with the pro
visions of an Act or Congress entitled "An Act to
authorize the refunding of the National Debt," ap
proved July 14, 1870, amended by au Act approved
January 80, 1871, and la redeemable at the pleasure
of the United States, after the first day of May, A.
D. 1881, In Coin of the staudard value of the United
States on said July 14, 1870, with interest In such
Coin, from the day of the date hereof, at the rate of
FiVE PER CENTUM per annum, ptyab e quarterly,
on the first day of February, May. August, and No
vember, In each year. The principal an 4 Interest
are exempt from the payment of all Taxes or Duties
of the United States, as well as from taxation In any
form, by or under State, municipal, or local autho
rity. WAHUINUTUN, ,13...,
Entered Recorded
Register of the Treasury.
EEGISTERED BONDS
will be issued of the denominations of $50,
$100, $500, $1000, $5000, and $10,000, and
coupon bonds of each denomination except
the last two. The interest will be payable in
the United States at the office of the Treasu
rer, any Assistant Treasurer, or designated
depositary of the Government, quarterly, on
the first days of February, May, August, and
November in each year.
TIIE INTEREST ON THE REGISTERED
STOCK
of this Loan, it is determined by the Trea
sury Department, will be paid as conveniently
to the holder as on the Coupon Stock, ami
personal attendance, or attendance by proxy
at the Treasury, to draw and reoeipt for the
Interest, will be dispensed with, whenever the
check of the United States Treasurer, mailed
punctually to the address and order of each
Judder, on or before every quarter-day, is pre
ferred to such attendance. This check, pay
able in Gold Coin at the Treasury in New
York (or such other office aa the Stook is
registered atj, will be negotiable or collect
able on the indorsement of the owner or
owners of the Stock. In pursuance of this
arrangement, the subscribers to, or pur
chasers of, the Stook in its registered form
(which is a complete protection against theft
or other losses inoident to Coupon Bonds
payable to Bearer) are advised to give their
Post Office address in full, and to notify of
any change in the address between quarter
days. The whole proceeds of the new loan will
be applied to the payment or redemption and
cancellation of the 5-20 years six per cent,
bonds, and, in addition to these prjoeeds,
the 5-20s are now being reduced by purchase
at the rate of $10,000,000 per month.
The entire effect, therefore, of the new
loan, in connection with the existing sinking
fund process of the Treasury, is to reduce
both principal and interest of the publio debt
of the United States. The loan creates no
additional bupply of Government stocks, while
the application of the surplus revenues de
rived in gold from customs is constantly les
selling, as it has been doing for two years
past, the funded stocks bearing six per cent,
gold intert-Rt.
The 1st of May sohedule of the publio debt,
wbich has just been published by the Secre
tary of the Treasury, shows a reduotioa in
these Stocks ainoe the April sohedule of
$12,215,700, and a further lessening of the
yearly interest charge thereon of $732,912.
This leaves the total yearly interest charge
in Gold $111,982,034. In the name month
the Treasury paid and cancelled $2,470,000
of the Three per Cent. Currenoy debt, re
ducing the whole of this debt bearing interest
to $51,023,000, and the yearly interest oharge
thereon to $1,537,470.
The proposed further reduction of the an
nual interest charge upon the Publio Debt by
refundmg is as follows:
Bv exchange of 500 000,000 United
Ktaieg Bti per ceuts. lor new Ave per
ceiita of 188i !i.000,000
By exchaut?e of ;mh,000,000 Uuitd
Btai-t fix per cpuU for lour aud a half
per RUta of 1868 4,600,000
Bv exchange of f'.UO.ono.onu UnlUtd
State aU pir crbtg for four per ceuU
Of Wi 14,000,000
Total saving per annum by refuudinv.f i3, 500,000
The large and rapid accumulation la the
FINANOIAL.
last few years of private capital now retired
from active business, and of the cash Savings
and Life Insurance premiums deposited with
or intrusted to the provident institutions of
the country all seeking the most undoubted
security, pledged to be kept free of all taxes,
Tinder national or local authority, and eon
tent, provided this object be assured, with
moderate rates of interest will no doubt
ultimately absorb bo much of these New
Stocks as may not be taken in voluntary
conversion of United States 5-20s, or mar
keted abroad. C. C. Norveix,
In charge of United States Lean Advertising.
Treasury OfTFicfc,
New York, May 2, 1871.
PROORESS OF REDUCTION OF THE NATIONAL DEBT.
Vthtofth l s,
tea Vah in the
. 1869. Trrmniry.
March 1 t2,B2r.,4G3,!60
April 1 8.625,196,41
laJ 1 8,518,197,891
Junel 2.M5,41'2,613
July 1 8,49,002, 4S0
AtlRUBt 1 2,481,56rt,738
September 1 8,47S,9C2,M)1
October 1 2,4C3,4r,072
November 1 ,4rtl,i8l,l9
December 1 2 453,659.735
1870.
January 2.448,746,9S3
February 1 2,44,t13,2ss
March 1 8,438.828.471
April 1 2 434,M!2,127
May 1 2,420,86 ,H34
June 1 8,4m;,rG2,37i
Julyl 2,3so Br8,r99
August 1 2,869,324,476
September 1 2,855,921,150
J)rrae of Debt
d'tring the pre
cvding Mon'h,
t2,798
6,8l9,070
13,334,777
16,410,112
7,415,744
5.604,234
7.4l7,4i9
7,S63,8h2
7,671,454
4,812,781
3, 9.13, 614
6,484,811
5,76.1,849
11,697,793
14,301. ( I
2t,03,772
17,034,123
13,403,325
g.O'US
M 29,296
7,475,800
2,240, Ti 0
4,040,986
7,817,900
11,011,250
0,124,053
Decretive in
monthly n(.
rest charge.
i )CtOb(T 1 2,346,913,053
November 1 2.341, 7S4,3f.5
AJeccmocr 1 8,334,308,434
1871.
January 1 2.332.067 793
February 1 2,828.026,807
Mbrch 1 2,320,704 846
April 1 2,309.697,696
Jlay L ... 2,303,573,643
Total I)'crein
Monthly
from March 1,
1C69. to ,l,itr.
interest
110,532,462
10.526,233
10,622,885
10 507,090
10.476,840
10,383,568
10,334,518
10,252,933
10,194 9I'3
10,130,625
10,001,606
10,022,498
10,007,312
9,982,850
9,956,759
9,926,762
9,886 812
9,854,633
9,814,690
9,709,940
9.718,436
9,65,104
9,644,043
9,610,886
9,571,007
9,527,212
low, to
.warm 1.
April 1
$6,224
9,026
25,872
65,622
149,893
198,943
279,5i9
337,558
401,836
470,956
609,964
525,149
650,112
675,703
605,699
645.649
677,829
717,872
763 522
814,025
840,298
898 418
Wayl 16,805,869
Junel 20.050.646
Julyl 86,400,779
AngUSt 1 43,896,523
September 1.. 49,500,758
October 1.... 60,968,187
November 1.. C4,332,07o
December 1 . . 71,903,624
1870.
January 1. . . . 76,716.806
February 1... 80,649,971
March 1 87,134,782
April 1 92,901,132
May 1 104.699.925
June 1 118,900,888
July 1 139 104,600
August 1 156,138,784
September 1.. 169.B42.109
uciouer l,...
November 1..
178.649.f07
183,678,904
191,154,705
193,895.468
197,436,453
204,764,418
December 1,
1871.
January 1...
February l..
922,076
981,455
1,005,249
March 1
April 1
216,765,663
Mayl 281,889,716
9,459,959
1,078,603
The foregoing Is a correct statement of the public
debt, as appears from the books and Treasurer's re
turns in the Department at the close of business
April 80, 1871.
WILLIAM A. RICHARDSON,
4 5 11 12 18 4t Acting Secretary of the Treasury.
Wilmington and Reading
Railroad
7 rcn csrjT. xzoejbs.
Free of Taxes.
IVe are offering $,200,000 of the Second
Mortgage Bonda of this Compauy
AT m AND ACCRUED INTEREST.
Intercat Payable January and
July.
The Bonds are In
SI 0009, SSOOs, and SI OOs,
And can be REGISTERED free of expense. The
road Is doing a good business, with prospects of con
siderable Increase.
This issue Is made to procure additional rolling
stock.
Bonds. Pamphlets, and Information can b3 ob
tained of
DE HAVEN & BRO.,
No. 40 South THIRD Street,
PHILADELPHIA.
COUPON OH REGISTERED LOAN
OF mi
City of Williamsport, Fenneylvania,
With both principal and Interest made absolutely
secure by State and municipal legislation,
for sale at
85.
AND ACCRDBKD INTEREST, B?
P. 8. PETERSON & CO.,
Baukers and Stock Brokers,
No. 89 S. THIRD STREET,
9 PHILADELPHIA.
HABR SSON GRA31H0,
IJAISlttCIf,
EGO WALNUT St.,
PHILADELPHIA.
8 23
FINANCIAL..
J3 O N S
or run
Camden and Amboy Railroad, New Jersey
Railroad and Transportation Com
pany, and Delaware and Ra rl
tan Canal Company,
Constituting the
tTnltcd Companies of New Jersey.
We offer these moBt desirable bond, in rer!s-
tcred certificates, due in 1894, bearing O PER CENT.
ijntjjkhst, Tree or an taxation, parable Anril 1 and
October L
lorfull particulars, apply to 4 so thstaim
DREXEh A, CO.
C. &. II. BORIK.
W. II. KEWnOlD, SOX & AEIITSKX.
DUNN BROTHERS,
nAIVKCKSKS,
Nos. 51 and 53 S. THIRD St.
Dealers In Mercantile Paper, Collateral Loans,
Government Securities, and Gold.
Draw Bills of Exchange on the Union Bank of
London, and losne travellers' letters of credit through
Messrs. BOWLES BROS A. CO., available In all the
cities of Europe.
Make Collections on all points.
Execute orders for Bonds and Stocks at Board Of
Brokers.
Allow interest on Deposits, subject to check at
sight. 11
BAFE DEPOSIT OOMPANIEfi
THE PEBNBYLVAKIA COtfPAffY
FOR INSURANCES ON LIVES AND
GRANTING
ANNUITIES.
Office Eo. 304 WALNUT 8treei.
INCORPORATED MARCH 10, 1S12.
CHARTER PERPETUAL.
CAPITAL $1,000,000.
BUB PLUS UPWARDS OP $750,000.
Receive money on deposit, retarQul3 on demand,
for which Interest is allowed.
And under appointment by Individuals, corpora
tlons, and courts, act as
EXECVTOKS. ADMINISTRATORS, TRUSTERS,
GUARDIANS. ASSIGNEES, COVlMITTKES,
RECEIVERS. AGBNTS. COLLEOTOKS, ETC.
And for tbe faithful performance of Its duties as
such all Its assets are liable.
CHARLES DUTILII, Paesldent.
William B. Will, Actuary.
DIRECTORS.
Charles Dutllh.
Joshua B. Ltpplncott,
Charles II. Hutchinson,
Lindley 8nith,
Oeorge A. Wood,
Anthony J. Antelo,
Charles 8. Lewis,
Henry J. Williams,
William S. Vaux,
John R. Wncherer,
Adolph K. Done,
Alexander Blddle,
Henry Lewis.
LEOAL NOTICES.
TO USERS OB" SEWING MACHINES. NOTICE
The United States Court having decided that
tbe shuttle-carrier used by the American Button
hole Company Infringes my patent, ail persons who
have used the sewing machine manufactured by the
American Buttonhole Machine COmnanv are herebv
notified that they are liable to me for using the
same, and they are requested to come forward and
settle, at the rate of ten dollars per machine, for
such Infringement, or they will be prosecuted ac
cording to law.
CHARLES PARHAM,
6 5 6t No. 703 BANSOM Street.
IN ANSWER TO THE ABOVE ADVERTISE.
MENT of CHARLES PARUAM, we have to say,
by advice of counsel :
1. That Parbam has never yet reached a final de
cree or obtained an injunction to restrain us irom
manufacturing and selling our machines.
2. That he must obtain such a decree In the Su
preme Court at Washington, Into which court hla
case has never yet been brought, before he can be
justlUed in thus advertising.
3. That we will undertake the defense of, and will
fully protect, all who have bought or shall buy our
machines.
4. That we are abundantly able to do so ; and
0. That we shall hold Charles Parhara responsi
ble for any unjustifiable Interference with our rights,
or thote of our agents or our customers.
W. B. MENDENHALL, President.
Samcf.l Wilcox, Secretary.
Office cf American Buttonhole, Overseamlng, and
Sewing Machine Company, No. 1318 CHESNUT
Street. B 8
IN THE OKI'UANS' COURT FOR THE CITY
AND COUNTY VP PHILADELPHIA.
Etate of MAKTHA HOOTKN, deceased.
The Auditor appointed by the Court to audit, settle,
and adjust the strconti and final account of 1S&&.0
C. JONES, Jr., and BZHAEVANS, executors of the
lattwill and trsiamt-nt of MAKThA UOOTEN, de
ceased, and to ter ort distribution of the balance
In the hands of the accountants, will meet the
parties Interested for tbe purpose of his appoint
ment, on MoNDAY, May 18, 1ST I, at 8 o'clock P. M.,
at bis Oltlce, No. 82 South THIRD Street, In the
City of Philadelphia. Jfi. H, THAHP,
6 4 thstuto Auditor.
T? STATE OF Jt SEPH S. NATT, DECEASED.
v Letters testamentary upon the estate of
JOSEPH S NATT, dee'd, having been duly granted
to the undersigned, all persons Indebted to the said
estate are requested to make immediate payment,
and these having ulaims or demands against tbe
same to make tbem known without delay to
JOHN U. FORD. Administrator,
4 !7 til Ot No. 304 CHESNUT St., Phila.
FUKNITUKb.
FURNITURE,
The undersigned most respectfully announces to.
his patrons, friends, aud the publio geueral.y, that
lu kiitlelpatli.n or extensive alterations and linprove
lut uis to bis store and warerooms, he will ouer the
balance of bis ent re stock of KUHNITOKS
At Greatly Reduced Prices.
All of which Is warranted fully as well made as If
made to iu-r.
Be adonts this method of giving purchasers an op
portunity of
lSxtmuely Low Irlce
Jn preference to having a sale at auction.
A cordial invitation is hereby extended to all who.
are in need of llist-class goods.
C. VOLUME R,
Manufacturer of Cabinet Furniture,
No. 1108
C e Btatb2in
CIIKSNUT STHEET,
PHILADELPHIA.
axxvv U Campion (late Moore A lampion),
WILLUM BM1TH, BICHAHD K. CAMPION.
SMITH & CAMPION,
Manufacturers of
FINS FURN1TUKK, UPHOLSTBRINOS, AND IN
TERiOK HOUSE DEOOR ATI. INS,
Nn. i9 isoUTtt THIRD Sireet.
Msnnfacory. Nos. 815 and 817 LEVANT Street,
P .UBdelph'a. 81
OOAU.
II.
P.
OWEN A CO.,
(XML DEALERS,
rilUHtr STKKET WHARF.
W HUYLKILL.
llOly?
SNOWPON . UAH'S COAL DEHJT. CO UN EH
DI1XWVN wnl WILLOW Streets. Lehigh and
Schuylkill d A L, prepared expressly for faintly use
at the lowest uuh prices. 1 Is
QA7 RA CA7 S O'B'O O O JTATX K,
imported and for sale by TWTT . on
DA IX ETT A SON,
6 4 St No. 121 S. JKONT Street,