Boston

1869 · réf. 43274 — Boston 1869. Near fine some browning at upper edge. 1 sheet. Folio. Signed and dated 1 January 1869. Sealed with 50 cent Internal Revenue conveyance stamp. Title arches over an etching of a three masted ship steaming at sea. Boston Lloyds was an insurance organization formed as "an Association for the purpose of taking Marine Risks by means of Individual Underwriting" and "by power of attorney have ing each member authorized Richard S. Haven to make insurance for them in their individual capacity as the said Richard S. Haven may deem proper; and for that purpose to perform all acts necessary to the proper fulfillment of the object." There were sixty members each allowing Haven to commit them up to $500 each. One of the firms was S. C. Thwing & Co. of Boston whose commitment document this is. Its primary owner was Supply Clap Thwing 1798-1871 a wealthy businessman with roots tracing back to the Pilgrims. He was active in the mercantile trade between the East Indies and New Orleans was a ship owner and active in the coal trade. Richard S. Haven came to Boston from California became an insurance agent for a number of companies before forming Boston Lloyds which unfortunately did not last half a decade perhaps failing about 1874. Rare. The only known documents on Boston Lloyds are held in the archives of the Peabody Essex Museum. The United States Insurance Gazette V. 28 new series 1868-9 pp. 26-7; Memorial Biographies of the New England Historic Genealogical Society p. 251. unknown books