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American Insurance Company Records

American Insurance Company Records

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AMERICAN INSURANCE COMPANY RECORDS, 1825-1844

Sponsor:

Processing of this collection was funded by a grant from the National Endowment for the Humanities.





Collection Summary

Repository:The Phillips Library at the Peabody Essex Museum 132 Essex Street Salem, MA 01970 Phone: 978-745-9500 Fax: 978-531-1516
Creator:American Insurance Co. (Salem, Mass.)
Title:American Insurance Company Records
Dates:1825/1844
Quantity:3 linear feet (1 box, 10 volumes)
Abstract:This collection of American Insurance Company Records contains correspondence, meeting minutes, financial records, policies and more.
Collection Number:MSS 133

Series List


SERIES I. Administrative Records
SERIES II. Financial Records
SERIES III. Policies

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.


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.


Index Terms

This collection is indexed under the following headings in Philcat. Researchers desiring materials about related topics, persons, or places should search the catalog using these headings.

American Insurance Co. (Salem, Mass.)
Coromandel (Brig)
Roscius (Brig)
Abandonment (Maritime law)
Account books
Marine insurance
Marine protests
Privateering
Shipwrecks
United States--History--War of 1812--Naval operations

Restrictions

Restrictions on Access

This collection is open for research use.


Administrative Information

Copyright

Requests for permission to publish material from the collection must be submitted in writing to the Manuscript Librarian in the Phillips Library at the Peabody Essex Museum.

Preferred Citation

American Insurance Company Records, MSS 133, Phillips Library, Peabody Essex Museum, Salem, Mass.

Provenance

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

Processing Information

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


Related Material


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.


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