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 Insurance NC Mutual Life Insurance Company
Raleigh, NC (1849 - 1865)
   The North Carolina Mutual Life Insurance Company was established by legislative charter in January 1849. There is evidence that the firm operated throughout the Civil War, but failed to survive the failure of antebellum banks and the repudiation of Confederate bonds and notes.


  




    		    The company went into operation on April 1, 1849, according to contemporaneous newspaper reports. Between April and October 1949, the company sold approximately 300 life insurance policies during that seven-month period.
   The company insured healthy persons from 14 to 60 years old for periods of 1 year, 7 sevens and for life (with all life members sharing in any profits). In addition, this insurance company issued slave life policies  —  "All slaves from 10 to 60 years of age are insured one year or five years for two-thirds their value." (December 15, 1858, notice in The North Carolina Standard (weekly), Raleigh, NC.). 
   J. Hersman acted as general agent for the company in 1852. Thomas W. Dewey of Charlotte was acting as local agent for this company in October 1860.

Officers & Board (note dates are confirmed, additional service possible)

President Josiah O. Watson 1849 - 
Dr. Charles E. Johnson 1852 - 1864
Vice President George W. Mordecai 1849 - <1851
William D. Haywood 1852 - 
William W. Holden 1860 - 1864
Secretary   James F. Jordan 1849 - 
R. H. Battle 1858 - 1864
Treasurer Richard Smith 1849 - 
William H. Jones 1860 - 1864
General Counsel H. W. Husted 1852 - 1863
Kemp P. Battle 1863 - 1864
Medical Board of Consultation Charles E. Johnson, M.D. 1852 - 1864
(included as board members) William H. McKee, M.D. 1852 -
R. B. Haywood, M.D. 1852 - 
Directors (officers served as directors)
(other than officers listed above) Kemp P. Battle 1860 - 1862
Perrin Busbee 1852 -
Quenten Busbee 1860 - 1862
William D. Cooke 1852 -
Seaton Gales 1852 -
Everard Hall 1860 - 1862
F. C. Hill 1852 -
William W. Holden 1852 - 1864
W. S. Mason 1860 - 1862
W. H. McKee 1860 - 1862
P. F. Pescua 1860 - 1862
Charles B. Root 1852 - 1862
William R. Scott 1852 -
J. G. Williams 1860 - 1862

 

   
 
   

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