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(MARITIME INSURANCE) [John Speyer] Cargo. By The New-York Insurance Company. [1803 Maritime Insurance Policy for Brig Neptune, Captain Ingersoll, from New Orleans to New York, taken out by John Speyer.]
[New York]: [s.n.], 1803. 20 x 15½ inches. In broadside format, a partly-printed letterpress document with manuscript accomplishments, verso docketed. Former fold lines, near fine condition. Not on OCLC. An early 19th century American maritime insurance policy insuring the Brig Pallas from loss for $5,000 at a rate of 4 percent. The New-York Insurance Company stated they were contended to bear the adventures and perils of their policy-holder's voyage: “...of the seas, men of war, fires, enemies, pirates, rovers, thieves, jettisons, letters of mart and counter mart, surprisals, takings at sea, arrests, restraints, and detainments of all kings, princes or people, of what nation, condition, or quality soever, barratry of the master and mariners, and all other perils...” Speyer, the policy holder, was a New York businessman. He was appointed by General John Armstrong in 1810 to serve as a commercial agent for the United States in Sweden. In this capacity, he corresponded with James Monroe on Swedish-American relations (Koht, pp. 268-280). Speyer also corresponded with Thomas Jefferson. Signed by Charles McEvers Jr. as company representative and Hugh Anderson, as secretary. McEvers Jr. was one of twenty-four stock brokers who became the first New York Stock Exchange members. [Koht, “Bernadotte and Swedish-American Relations, 1810-1814” in “The Journal of Modern History,” Vol. 16, No. 4 (Dec., 1944).]
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