| | | Missouri State Life Insurance Company - St. Louis, Missouri 1930 | Beautifully engraved certificate from the Missouri State Life Insurance Company issued in 1930. This historic document was printed by Western Bank Note Company and has an
ornate border around it with a vignette of an allegorical family. This item is hand signed by the Company's Vice-President and Secretary and is over 74 years old.
Certificate Vignette
In 1933 the Missouri State Life Insurance Company of St. Louis, then part of a conglomerate of insurance companies, banks, newspapers, and industrial firms controlled by the bond house of Caldwell and Company under Rogers Caldwell of Nashville, acquired the controlling stock of Southwestern Life Insurance. Unfortunately, Caldwell and Company failed after the stock market crash of 1929, and in 1933 Missouri State Life became insolvent. In 1934 Walter W. Head organized General American Life to assume Missouri State's business, and subsequently a new Texas corporation was formed to buy the Southwestern stock owned by General American. In 1980 the Tenneco Company acquired this company, still known as Southwestern, and sold it in 1986 to the I.C.H Corporation. By the 1990s Southwestern was still in operation and licensed in thirty-nine states, the District of Columbia, and Guam.
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