. History of Alabama and dictionary of Alabama biography. domestic and foreign exchange .... toreceive in trust, or on deposit, all funds ormoneys that may be offered to them, on inter-est or otherwise. The company was forbid-den to issue any certificates of deposits, notes,or other paper intended to circulate as money,and to deal in or use the funds of foreignbanks. Statistics, 1915.—At the close of 1915 therewere 15 insurance companies of various kindsorganized under Alabama laws which wereactively engaged in business. Of these, twodo fire and marine insurance; four life insur-ance; one acci
. History of Alabama and dictionary of Alabama biography. domestic and foreign exchange .... toreceive in trust, or on deposit, all funds ormoneys that may be offered to them, on inter-est or otherwise. The company was forbid-den to issue any certificates of deposits, notes,or other paper intended to circulate as money,and to deal in or use the funds of foreignbanks. Statistics, 1915.—At the close of 1915 therewere 15 insurance companies of various kindsorganized under Alabama laws which wereactively engaged in business. Of these, twodo fire and marine insurance; four life insur-ance; one accident or casualty insurance; andeight are assessment and mutual aid associa-tions. One of the fire and marine companiesbegan business in 1866, and the other in1870. Their combined capital is $300,000;the total amount of insurance in force Decem-ber 31, 1915, $3,649,414. They have paidlosses aggregating $775,, and have re-ceived in premiums on insurance written sincebeginning business a total of $2,572, four life insurance companies were.
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