American General Corporation - 1936-46 dated Insurance Stock Certificate - Bough for Sale

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American General Corporation - 1936-46 dated Insurance Stock Certificate - Bough For Sale

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American General Corporation - 1936-46 dated Insurance Stock Certificate - Bough:
$60.00

Stock printed by Hamilton Bank Note-New York. Founded by Gus Sessions Wortham. Gus Sessions Wortham (February 18, 1891 \" September 1, 1976), was a businessman and civic leader in Houston, Texas. He was born on February 18, 1891, in Mexia, Texas, to John Lee Wortham and Fannie Sessions. He moved with his father to Houston and opened John L. Wortham and Son, an insurance agency. Eleven years later he founded the American General Insurance Company with Jesse H. Jones, James A. Elkins, and John W. Link. American General was acquired by American International Group on August 29, 2001. Read more at American International Group, Inc. (AIG) was founded December 19, 1919 when American Cornelius Vander Starr (1892\"1968) established a general insurance agency, American Asiatic Underwriters (AAU), in Shanghai, China. Business grew rapidly, and two years later, Starr formed a life insurance operation. By the late 1920s, AAU had branches throughout China and Southeast Asia, including the Philippines, Indonesia, and Malaysia. In 1926, Starr opened his first office in the United States, American International Underwriters Corporation (AIU). He also focused on opportunities in Latin America and, in the late 1930s, AIU entered Havana, Cuba. The steady growth of the Latin American agencies proved significant as it would offset the decline in business from Asia due to the impending World War II. In 1939, Starr moved his headquarters from Shanghai, China, to New York City. Read more at Item ordered may not be exact piece shown. All original and authentic.