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This statement was signed John Pintard, Secretary, June 15th, 1787. In 1846, this Corporation changed its name to the Knickerbocker Fire Insurance Company.

We find that in the year 1890 it reinsured its risks in the Home of New York.

We may mention the following Companies as established at the end of last century:

1794. Insurance Company of North America .

Insurance Company of the State of Pennsylvania
Equitable Society for Insuring Houses from Loss
by Fire.

Mutual Assurance Society of Virginia .

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1797. United Fire Insurance Company of New York
1798. Massachusetts Mutual Fire Insurance Company
(The last two are now believed to be extinct).

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Philadelphia.

Baltimore.
Richmond.

Boston.

Providence,

Washington.

S

PART II.

THE

FIRE INSURANCE

SCHEMES

OF

CHARLES POVEY.

SUN FIRE OFFICE.

PART II.

1706-1710.

POVEY'S FIRE INSURANCE SCHEMES.

EXCHANGE HOUSE Fire Office for Town, or Sun Fire Office.

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EXCHANGE HOUSE Fire Offices for the Country.
COMPANY OF LONDON INSURERS.

SUN FIRE OFFICE.

CHAPTER I.

POVEY'S SCHEMES.

EXCHANGE HOUSE FIRE OFFICE FOR TOWN.

THE

HE name of this Office is explained by the fact that it was the Fire Office held at the Traders' Exchange House, Hatton Garden, the building where Povey carried on his business being so designated. The appellation "Exchange House" was not apparently used by Povey until he produced his Salvage Corps Scheme.

Povey adopted the Sun as his emblem or mark, and hence the Office was sometimes called the Sun Fire Office, a name which was continued by the Company of London Insurers after the Exchange House Fire Office was transferred to them.

Walford says that the scheme was set on foot in 1706. He may in his wonderful collection of papers have had in his possession a copy of the original proposals which enabled him to fix that date, a date which the English Memorial seems to confirm, though in his Secret History Povey states that he invented and set up the Sun Fire Office in the year One thousand seven hundred seven eight (ie., January-March,

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