Emergency Aid Insurance Company.

Name Entries

Information

corporateBody

Name Entries *

Emergency Aid Insurance Company.

Computed Name Heading

Name Components

Name :

Emergency Aid Insurance Company.

Genders

Exist Dates

Exist Dates - Date Range

1949

active 1949

Active

1963

active 1963

Active

Show Fuzzy Range Fields

Biographical History

In 1935, W.M. Brunson, Dr. E.G. Bragg, J.R. Clark, T.T. Rhodes, W.W. Sanders, Lallie Harper, and Dr. E.T. Brunson organized the Emergency Aid Life Association with three thousand dollars.

During the late thirties and early forties the company grew and expanded until in 1944 the Emergency Aid Insurance Company was converted into a capital stock company with a $25,000 stock issue. At the death of the firm's first president, W.M. Brunson, in 1947, the Company's capital stock had been increased to one-hundred-thousand dollars and its Articles of Incorporation amended to authorized operation as an Old Line Legal Reserve Company. In the same year, with the agency force spread from Southeast Alabama to cover the entire state, the first North Alabama supervisor, James E. Folsom, took office as Governor.

In 1949 Feb. with J.R. Clark as president and Lallie Harper as secretary-treasurer, the Company moved its principal offices from the Elba Exchange Bank Building into a new home office. In 1955, the Emergency Aid Insurance had assets valued at approximately two million dollars and operated with a capital stock of two-hundred-thousand dollars.

In an effort to stengthen the Company and assure a continued and prosperous future, the company associated itself with the Pan Coastal Life Insurance Company of Mobile.

From the description of Records, 1949-1963. (Unknown). WorldCat record id: 122498436

eng

Latn

External Related CPF

Other Entity IDs (Same As)

Sources

Loading ...

Resource Relations

Loading ...

Internal CPF Relations

Loading ...

Languages Used

Subjects

Asset-liability management

Burial insurance

Insurance

Life insurance

Stocks

Nationalities

Activities

Occupations

Legal Statuses

Places

Albertville (Ala.)

as recorded (not vetted)

AssociatedPlace

Anniston (Ala.)

as recorded (not vetted)

AssociatedPlace

Fort Payne (Ala.)

as recorded (not vetted)

AssociatedPlace

Hartselle (Ala.)

as recorded (not vetted)

AssociatedPlace

Cullman Co. (Ala.)

as recorded (not vetted)

AssociatedPlace

Huntsville (Ala.)

as recorded (not vetted)

AssociatedPlace

Oneonta (Ala.)

as recorded (not vetted)

AssociatedPlace

Scottsboro (Ala.)

as recorded (not vetted)

AssociatedPlace

Alabama--Elba

as recorded (not vetted)

AssociatedPlace

Convention Declarations

General Contexts

Structure or Genealogies

Mandates

Identity Constellation Identifier(s)

w6n64b9g

27888967