Friday, January 11, 2013

This Day in History January 11, 1759

It was on this date in 1759, Philadelphia's oldest corporation came into existence.  The Presbyterian Synods of New York and Philadelphia started a company called “Presbyterian Ministers Fund for Life Insurance."  They wanted to help Presbyterian women who has lost their husbands.   It was not the first insurance company in the country--Benjamin Franklin started that seven years before to insure houses.

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