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Harper's Encyclopedia of United States History (ed. Benson Lossing), Insurance. (search)
e colonies was written in Boston by the Sun Company (English) in 1728. Some insurance was done in Philadelphia in 1752. The first fire insurance policy issued in the United States was in Hartford. Conn., in 1794, under the unofficial title of Hartford fire insurance co. Sixteen years after, in 1810, the Hartford Fire Insurance Company was organized. From 1801-10 there were 60 charters issued; 1811-20, 43; 1821-30, 149; 1831-40, 467; 1841-50, 401; 1851-60, 896; 1861-70, 1,041. From Jan. 1, 1880, to Dec. 31, 1889, property of the citizens of the United States was insured against fire and accident on ocean, lake, and river, and by tornado, to the amount of over $120,000,000,000, for premiums of $1,156,675,391, and losses were paid of $647,726,051, being 56 per cent. of the premiums. The condition and transactions of fire companies doing business in the United States on Jan. 1, 1899, were as follows: Number of Companies. Capital. Assets Exclusive of Premium Notes.Net Surplus
had grown to require two hundred and twenty-five thousand dollars in 1888, was now incorporated in Massachusetts, with three hundred and fifty thousand dollars cash capital. In 1892 adjoining land was bought, and a new and larger mill with more outbuildings were added. In 1893 the capital was increased to six hundred thousand dollars. The following table of hands employed and floor-space occupied best tells the story of the growth of the company:— Date.Employed.Floor Surface. January 1, 18807 persons.3,660 square feet. January 1, 188125 persons. January 1, 188235 persons. January 1, 188340 persons.17, 7 00 square feet. January 1, 188459 persons. January 1, 188565 persons. January 1, 188689 persons. January 1, 1887104 persons.58,831 square feet. January 1, 1888134 persons. January 1, 1889148 persons. January 1, 1890163 persons. January 1, 1891181 persons. January 1, 189216 persons. January 1, 1893280 persons.178, 765 square feet. Jan
n in a storm, Oct. 10, 1804 Remaining in use, Jan. 1, 1880 Kneeland street, corner Tyler, dedicated, Sep832 Steamboats running every fifteen minutes, Jan. 1, 1880 Charlestown, began by Edward Carver, June 14,t. 16, 1832 Steamboats ran every ten minutes, Jan. 1, 1880 People's, to E. Boston. the North Ferry openec. 31, 1850 With engines, thirty-six in all, Jan. 1, 1880 Engines, ladders and poles, with swabs, prepa868 The City has 10,139, and 2,276 oil lamps, Jan. 1, 1880 Explosion. House on Endicott street blown up,1, 1868 Number in use in the streets, 10,139, Jan. 1, 1880 Oil. Number in use in the streets, 2,276, JanJan. 1, 1880 Gasoline experiment nearly abandoned, Jan. 1, 1880 Lamson, Silas with his scythe-snath, lecJan. 1, 1880 Lamson, Silas with his scythe-snath, lecturing in Boston, 1844 Lawyers practising in the town, 31, 1789 Practising in the town, 85, 1822 P, July 24, 1866 Scholars in the City, 53,262, Jan. 1, 1880 Expenditures for the year, $1,759,885.90, 187