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Die älteste und
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The earliest Ame-
rican insurance share we know of.
After the American Revolution, shipping grew tremendously. Nevertheless the Maryland legislature chartered no marine insurance companies for a
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of marine insurances. It is said that the dividends of the company had been so large that after a while the stockholders had been reimbursed the whole
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Maybe it simply failed, maybe it was like a kind of slaughter of the golden calf.
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