Administrative History | The Society was established on 7 April 1862, and enrolled by Act of Parliament on 2 May 1862. It was founded by a few working class men in the city of Aberdeen, initially operating as a sickness and funeral benefit society, but by the 1880s had expanded its business to include endowment and endowment assurance policies. The Society continued to handle all of these benefits until the introduction of the National Insurance Act in 1948. After this time, its welfare benefit schemes were wound up, and the Society concentrated upon development and expansion of its Life Assurance policies. On 1 March 1973 the Society amalgamated with the Hearts of Oak Benefit Collecting Society to form the London, Aberdeen and Northern Collecting Society (later known as the London, Aberdeen and Northern Mutual Assurance Society Limited).
Prior to amalgamation, the Society had concentrated its business in Aberdeen and the north east of Scotland. In 1962, it had 28 agents in the City of Aberdeen and 3 others covering the districts of Peterhead, Fraserburgh, Elgin and the Moray Coast, Huntly, Inverurie and Stonehaven. |
Description | This deposit provides a detailed record of the Society's activities, from its establishment in 1862, until its amalgamation with the Hearts of Oak Benefit Collecting Society in 1973. It contains minutes of weekly, committee (including social committee, 1896 - 1923) and Directors' meetings, 1865 - 1973; financial records (including full run of annual reports), 1863 - 1935; and a substantial quantity of printed papers, including rules and regulations, burial branch contribution cards, programmes for social meetings, publicity, and historical information, 1865 - 1962. Acts of Parliament re. Friendly societies, 1885 - 1896, have also been deposited. |
Copyright | Subject to the condition of the original, copies may be supplied for private research use only on receipt of a signed undertaking to comply with current copyright legislation. Permission to make any published use of material from the collection must be sought in advance from the University Archivist and, where appropriate, from the copyright owner. Where possible, assistance will be given in identifying copyright owners, but responsibility for ensuring copyright clearance rests with the user of the material. |