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American Insurance Company Records, 1825-1844

 Collection
Identifier: MSS 133

Scope and Content Note

This collection of American Insurance Company Records contains correspondence, meeting minutes, financial records, policies and more. The bulk of the collection covers the first three years of the company's business, 1825 through 1827. The records are divided into three series.

Series I. Administrative Records contains minutes of directors' and stockholders' meetings, and business correspondence. In addition to insurance proposals and general financial business, the correspondence includes information regarding marine insurance claims, such as those on the capture of the brig Governor Endicott by the British, and the wrecks of the brigs Roscius and Triton.

Series II. Financial Records consists of account books, stock certificates, dividend accounts, and financial papers. The financial papers contain general bills and receipts, miscellaneous stock dividend receipts, as well as papers and general averages of vessels which the company insured.

Series III. Policies consists of marine policies for individual years, a memo book, and an account book.

Dates

  • Creation: 1825-1844

Creator

Restrictions on Access

This collection is open for research use.

Biographical Sketch

The American Insurance Company is a Salem, Massachusetts-based, marine insurance company that began in 1825. It was officially incorporated by the Massachusetts House of Representatives on February 4, 1825. The first president was William Richardson, who was followed by Charles Saunders in 1826. The first board of directors included: Charles Saunders, Pickering Dodge, John Forrester, Robert Upton, Robert Brookhouse, John W. Rogers, and Nathan W. Neal who replaced Charles Saunders in 1826. The first secretary was John C. Dodge, who was followed by N. W. Neal in 1827.

Extent

3 linear feet (1 box; 10 volumes)

Language of Materials

English

Abstract

This collection of American Insurance Company Records contains correspondence, meeting minutes, financial records, policies and more.

Series List

SERIES I. Administrative Records

SERIES II. Financial Records

SERIES III. Policies

Physical Location

Phillips Library Stacks

Provenance

This material was a reorganization and integration of 10 volumes and several folders of manuscript material. The collection is from an unknown source.

Bibliography

American Insurance Co. An act to incorporate the American Insurance Company in Salem: Together with two general acts referred to therein. Salem: J.D. Cushing, 1824.

Processing Information

Collection processed by Sylvia B. Kennick, July 1984. Updated by Hilary Streifer, August 2014.

Subject

Title
AMERICAN INSURANCE COMPANY RECORDS, 1825-1844
Author
Processed by: Sylvia B. Kennick; Updated by: Hilary Streifer; machine-readable finding aid created by: Rajkumar Natarajan.
Language of description
English
Script of description
Latin
Sponsor
Processing of this collection was funded by a grant from the National Endowment for the Humanities.

Repository Details

Part of the Phillips Library Repository

Contact:
Peabody Essex Museum
306 Newburyport Turnpike
Rowley MA 01969 USA