Massachusetts Hospital Life Insurance Company

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Investment trust firm, Boston, Mass. Chartered in 1818. Began operation in 1823. Its original intent was to sell life insurance, and one-third of its net profits were to be shared with Massachusetts General Hospital. It very quickly moved from insurance to the investment trust business. Nathaniel Bowditch (1773-1838) was the principal figure in the early years of the company. Name changed to Massachusetts Company in 1967.

From the description of Records, 1823-1967 (inclusive) [microform]. (Harvard Business School). WorldCat record id: 269594242

Archival Resources
Role Title Holding Repository
creatorOf Alexander, William, 1848-. Trade catalogs of insurance, [1837?]-1946. University of California, Santa Barbara, UCSB Library
creatorOf Massachusetts. Office of the Secretary of State. Returns of the Massachusetts Hospital Life Insurance Company, 1824-1881. Commonwealth of Massachusetts State Archives
referencedIn Mason Machine Works. [Business records]. American Textile History Museum Library
referencedIn Bowditch, Nathaniel, 1773-1838. Bowditch family business letters, 1826-1861. Massachusetts Historical Society
creatorOf Massachusetts Hospital Life Insurance Company. Records, 1823-1967 (inclusive) [microform]. Harvard Business School, Knowledge and Library Services/Baker Library
Role Title Holding Repository
Relation Name
associatedWith Alvord, Elijah. person
associatedWith Bowditch, Nathaniel, 1773-1838. person
associatedWith C. & A. Thorndike. corporateBody
associatedWith Crompton, William. person
associatedWith Eastern Railroad Company. corporateBody
associatedWith Hale, Moses L., 1799-1874. person
associatedWith Hotel Westminster (Boston, Mass.) corporateBody
associatedWith James G. King and Sons. corporateBody
associatedWith J. and A. Wendell. corporateBody
associatedWith J. Winnett and Company. corporateBody
associatedWith Mason Machine Works. corporateBody
associatedWith Massachusetts. Office of the Secretary of State. corporateBody
associatedWith Niles Building (Boston, Mass.) corporateBody
associatedWith Old Colony Railroad Company. corporateBody
associatedWith Ripley, Franklin. person
associatedWith Russell and Ballou. corporateBody
associatedWith Saginaw and Western Railroad. corporateBody
associatedWith Sturgis and Brigham. corporateBody
associatedWith Twining, Thomas. person
associatedWith W.G. Cutter and Sons. corporateBody
Place Name Admin Code Country
Massachusetts
Boston (Mass.)
Franklin County (Mass.)
Subject
Finance
Insurance
Investment banking
Mortgage loans
Mutual funds
Trusts and trustees
Occupation
Activity

Corporate Body

Active 1823

Active 1967

Information

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SNAC ID: 51244305