Important acquisitions

[Five printed documents relating to the Friendly Society of the Heritors of Edinburgh and suburbs thereof, Canongate, Leith, &c. for a mutual insurance of their tenements and houses &c. from losses by fire.]

Author [Friendly Society of the Heritors of Edinburgh]
Title [Five printed documents relating to the Friendly Society of the Heritors of Edinburgh and suburbs thereof, Canongate, Leith, &c. for a mutual insurance of their tenements and houses &c. from losses by fire.]
Imprint [Edinburgh : s.n.]
Date of Publication [1720-1730]
Language English
Notes Fire was an ever-present danger in the Old Town of Edinburgh and in 1703 the city suffered a series of devastating fires, which led to the appointment of 'firemasters' who could recruit men to fight fires, the forerunner of a municipal fire brigade. Fire insurance companies, first established in London, were also introduced. The first fire insurance society in Scotland is thought to be Friendly Society of the Heritors of Edinburgh, which was founded in 1720. Contributors to the Society paid a small percentage of the total value of their properties in return for perpetual insurance and were entitled to interest from stock and profits of the insurance fund. This collection of five documents relating to the Friendly Society span the first ten years of its existence. It consists of three receipts: one for payment of a premium by the advocate Thomas Gordon, and two for "annual rent"; there are also two forms for transferring Gordon's policy to two men, Alexander Marjoribanks and George Falconer, who had presumably purchased the insured property.
Shelfmark RB.l.264
Acquired on 24/11/09
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