1850 NYC ENGLISH LIFE INSURANCE SOCIETY VELLUM St Louis MO CONTRACT LAW HISTORY
1850 ST. LOUIS, MISSOURI MERCHANT’S ENGLISH LIFE ASSURANCE SOCIETY VELLUM CERTIFICATE FOR $5OOO COVERAGENATIONAL LOAN FUND LIFE ASSURANCE SOCIETY. 26, Cornhill, London… Sum Assured $5000.00 / 1000 pounds Sterling in London… Annual Premium $186.00… Office in New York City, December 20, 1850… Accomplished in neat ink holograph, and signed by Stephen Hoyt, various lawyers, and officials, etc. Large, folded, engraved certificate on vellum, measuring 21.75 x 17 inches, engraved on both sides, illustrated. Very good, clean condition, with wear at old folds and extremities, scattered foxing, etc.The National Loan Fund Life Assurance Society was founded in London in 1837. By the mid 1850s, the Society had become the sixth largest insurance company in the United States and largest British insurer operating there.Difficulties arose with the New York insurance department, along with generally difficult conditions related to the American Civil War. The Society ceased most of its operations in the United States by the mid-1860s. It ceased independent operations in 1869. The Society was a party to precedent-setting litigation in the application of insurance law, most notably, Molton v. Camroux, which concerns contract law in cases of insanity. We have been selling on eBay for more than 2 decades. We pack carefully, ship quickly, and have thousands of happy customers. Our feedback speaks for itself, so purchase with confidence.