Processing and conservation of this collection
were funded by a grant from the National Endowment for the Humanities.
The Phillips Library at the Peabody Essex Museum 132 Essex Street Salem, MA 01970 Phone: 978-745-9500 Fax: 978-531-1516
Social Insurance Co. (Salem, Mass.)
Social Insurance Company
1.75 linear feet (4 boxes)
The Social Insurance Company
Records include the administrative, financial, and business records of this Salem,
Massachusetts, company from 1803-1842.
SERIES I. Administrative Records SERIES II. Financial Records SERIES III. Marine Policies and Claims SERIES IV. Miscellaneous Papers
Scope and Content Note
The Social Insurance Company Records include the administrative, financial, and
business records of this Salem, Massachusetts, company from 1803-1842. The company
was dissolved from 1814 to circa 1830 which explains the difference in dates
throughout the collection. The collection has been divided into four series.
Series I. Administrative Records includes director
and stockholder meeting minutes, incorporation papers, correspondence, and legal
Series II. Financial Records contains a ledger,
receipt book, account book, and stock certificates book. Also included are stock
dividend receipts, dividend transfers, powers of attorney, and miscellaneous
In addition to accepted insurance policies and policy proposals, Series III. Marine Policies and Claims, 1809-1835, contains
claims for 38 vessels arranged alphabetically by vessel (see Appendix I for exact
listing). Of special interest is the large number of claims which pertain to capture
or British and French privateers. Also of note is the protest and letterbook,
1809-1810, the bulk of which concerns arrest, detainment, and seizure of goods.
Series IV. Miscellaneous Papers includes
miscellaneous papers generated by the company.
Incorporated in on March 4, 1809, the Social Insurance Company of Salem conducted a
thriving business until 1814. James Cook was the company's first director, as chosen
by a democratic vote of the directors. The company revived circa 1830 in order to
settle old claims and was re-incorporated on February 19, 1840. The company
continued to settle claims through 1842.
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.
Rising States (Schooner)
Sally & Betsey (Brig)
Social Insurance Company (Salem, Mass.)
Sukey & Betsey (Brig)
Three Friends (Brig)
Two Betseys (Brig)
Welcome Return (Brig)
Capture at sea
United States--History--War of 1812--Naval operations
Restrictions on Access
This collection is open for research use.
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
Social Insurance Company Records, MSS 138, Phillips Library, Peabody Essex Museum,
The Social Insurance Company Records are a reorganization and integration of 5
volumes, manuscripts from one scrapbook, and other miscellaneous papers. The
collection is from an unknown source. Removed are receipts of Richard and Elias
Hasket Derby (see separation sheet for listing).
Collection processed by Sylvia B. Kennick, July 1984. Updated by Catherine Robertson,
Derby Family Papers, 1716-1925, MSS 37.
Matthew Adams Stickney Family Papers, 1685-1910, MSS