This was a short lived attempt to build a local based Fire Insurance Company
" To insure Houses, Buildings, Goods and Merchandize in this Island only, against losses from Fire, for two thirds of the usual expence attending such Insurances"
The names behind the scheme were
- George Quayle & Co Bankers,
- John F Crellin,
- William Scott,
- Robert Stuart,
- Thomas Stowell,
- Norris Moore,
- William Callow & Co,
- Edward Gawne,
- John C Gelling.
- Lewis Geneste & Son
Each member (which could be a company rather than an individual, had a single share + vote and were required to deliver security for £750 to be deposited with George Quayle & Co (this security would be called upon if the £750 was not provided on demand) - there was to be an office in Castletown - presumeably at George Quayle & Co at Bridge House - the annual rates were to be
The original articles of copartnership is to be found as Castletown Deed Trinity 1811 #1 - the various conditional Bond + Securities from the partners are also included in that term's Castletown Deeds - attached to these is a general discharge of all such commitments dated 8 May 1813 signed by all partners.
A poster was produced (printed by T Whittam of Douglas) dated 1 March 1811 but it would appear takeup was insufficient to cover costs of running partnership - the only receipt in the Manx Museum Bridge House Collection is for 3 policies (total £6 19s 3d) received via Lewis Geneste