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NEW YORK 1868 Continental Insurance Company Stock Certificate George T Hope
$ 118.8
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Description
The certificate is dated July 9, 1868..
The company was incorporated in New York in 1868.
The company began doing business in a basement office on Wall St in 1853. The certificate was signed by George T Hope, one of the founders of the company.
George T. Hope is generally credited with having fostered the idea of specialized and detailed fire insurance maps in the United States. Around 1850 Hope, who was at the time secretary of the Jefferson Insurance Company, began to compile a large-scale map of a portion of New York City for use in calculating fire risks. To ensure that the proposed map would include all essential information, Hope formed a committee of fire insurance officials to direct the project. They agreed that the map should identify the construction materials in all buildings by a system of colors, formulated a set of appropriate cartographic symbols, and agreed on a format and scale for the map. The standards adopted by the Hope committee were followed, with few modifications, for a century or more.
In 1868 it established an office in Brooklyn and expanded across the country.
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