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Dedham Institution For Savings
Dedham Savings is one of the oldest American banks still in operation and one of the oldest banks in the state of Massachusetts still doing business under its original charter. Deposits at Dedham Savings are insured up to current limits of the Federal Deposit Insurance Corporation, which defines the institution as a community bank. The Depositors Insurance Fund insures all additional balances, up to any amount. History Originally founded as Dedham Institution for Savings on March 19, 1831, the bank has a rich history that includes connections to many prominent individuals, both locally and nationally, including Horace Mann. Sophia Foord, an acquaintance of Henry David Thoreau, was the bank's first depositor. * In 1832, one year after opening, the Bank's assets totaled nearly $30,000. * Over 100 years later, in 1942, assets were nearly $14 million. * In 2020, almost 200 years since the bank's founding, assets totaled over $1.6 billion. On May 4, 1832, The Society in Ded ...
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Norfolk Mutual Fire Insurance Company
The N&D Group is a mutual insurance carrier based in Dedham, Massachusetts, comprising three regional property and casualty insurance companies which market personal and commercial insurance product lines through independent insurance agents. The group conducts business in Massachusetts, New Hampshire, and New Jersey, and wrote about $267 million in annual insurance premium in 2021. Founded as The Norfolk Mutual Fire Insurance Company in 1825, The N&D Group is one of the oldest mutual insurance companies in the United States. History As early Dedham, Massachusetts residents were establishing new farms and businesses, it became apparent that the community needed financial protection against various risks such as fire. As a result, The Norfolk Mutual Fire Insurance Company was established by a group of prominent citizens, electing John Endicott as the company's first president. In 1847, Norfolk built an office building at 4 Pearl Street in Dedham Square. For the next 40 years, the ...
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1831 Establishments In Massachusetts
Events January–March * January 1 – William Lloyd Garrison begins publishing '' The Liberator'', an anti-slavery newspaper, in Boston, Massachusetts. * January 10 – Japanese department store, Takashimaya in Kyoto established. * February–March – Revolts in Modena, Parma and the Papal States are put down by Austrian troops. * February 2 – Pope Gregory XVI succeeds Pope Pius VIII, as the 254th pope. * February 5 – Dutch naval lieutenant Jan van Speyk blows up his own gunboat in Antwerp rather than strike his colours on the demand of supporters of the Belgian Revolution. * February 7 – The Belgian Constitution of 1831 is approved by the National Congress. *February 8 - Aimé Bonpland leaves Paraguay. * February 14 – Battle of Debre Abbay: Ras Marye of Yejju marches into Tigray, and defeats and kills the warlord Sabagadis. * February 25 – Battle of Olszynka Grochowska (Grochów): Polish rebel forces divide a Russi ...
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American Companies Established In 1831
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * Ba ...
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Banks Based In Massachusetts
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Dedham Historical Society
The Dedham Museum and Archive (formerly known as the Dedham Historical Society and Museum and the Dedham Historical Society), is an historical society dedicated to preserve and establish a greater sense of appreciation for the history of Dedham, Massachusetts. It consists of a museum and an archive. , it had nearly 1,000 members. History As early as 1853, Henry Orin Hildreth was calling for the creation of a historical society dedicated to the history of Dedham. On February 1, 1859, Hildreth, along with Calvin Guild, Danforth Phipps Wight, Jonathan Holmes Cobb, Francis Marsh, and William Bulliard met in the office of the Dedham Institution for Savings to form an organization dedicated to "preserving and transmitting to posterity all possible memorials of past and present times." At the first meeting Wight was chosen chairman and Guild secretary. A committee was then appointed consisting of Bullard, Hildreth, and Guild to draft the Constitution and by laws. These were adopted a ...
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New England Historical Society
New is an adjective referring to something recently made, discovered, or created. New or NEW may refer to: Music * New, singer of K-pop group The Boyz Albums and EPs * ''New'' (album), by Paul McCartney, 2013 * ''New'' (EP), by Regurgitator, 1995 Songs * "New" (Daya song), 2017 * "New" (Paul McCartney song), 2013 * "New" (No Doubt song), 1999 *"new", by Loona from '' Yves'', 2017 *"The New", by Interpol from ''Turn On the Bright Lights'', 2002 Acronyms * Net economic welfare, a proposed macroeconomic indicator * Net explosive weight, also known as net explosive quantity * Network of enlightened Women, a conservative university women's organization * Next Entertainment World, a South Korean film distribution company Identification codes * Nepal Bhasa language ISO 639 language code * New Century Financial Corporation (NYSE stock abbreviation) * Northeast Wrestling, a professional wrestling promotion in the northeastern United States Transport * New Orleans Lakefront Ai ...
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South Boston, Massachusetts
South Boston is a densely populated neighborhood of Boston, Massachusetts, located south and east of the Fort Point Channel and abutting Dorchester Bay. South Boston, colloquially known as Southie, has undergone several demographic transformations since being annexed to the city of Boston in 1804. The neighborhood, once primarily farmland, is popularly known by its twentieth century identity as a working class Irish Catholic community. Throughout the twenty-first century, the neighborhood has become increasingly popular with millennial professionals. South Boston contains Dorchester Heights, where George Washington forced British troops to evacuate during the American Revolutionary War. South Boston has undergone gentrification, and consequently, its real estate market has seen property values join the highest in the city. South Boston has also left its mark on history with Boston busing desegregation. South Boston is also home to the St. Patrick's Day Parade, a celebration of ...
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Sharon, Massachusetts
Sharon is a New England town in Norfolk County, Massachusetts, United States. The population was 18,575 at the 2020 census. Sharon is part of Greater Boston, about southwest of downtown Boston, and is connected to both Boston and Providence by the Providence/Stoughton Line. History The Town of Sharon was first settled as part of the Massachusetts Bay Colony in 1637 and was deemed the 2nd precinct of Stoughton in 1740. It was established as the district of Stoughtonham on June 21, 1765, incorporated as the Town of Stoughtonham on August 23, 1775, and was named Sharon on February 25, 1783, after Israel's Sharon plain, due to its high level of forestation. Several towns in New England were given this name. Part of Stoughtonham went to the new town of Foxborough on June 10, 1776. During the American Revolution, the townspeople of Sharon made cannonballs and cannons for the Continental Army at a local foundry. In front of the Sharon Public Library stands a statue of Deborah S ...
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Norwood, Massachusetts
Norwood is a town and census-designated place in Norfolk County, Massachusetts, United States. Norwood is part of the Greater Boston area. As of the 2020 census, the population was 31,611. The town was named after Norwood, England. Norwood is on the Neponset River, which runs all the way to Boston Harbor from Foxborough. History The Town of Norwood, officially formed in 1833, was until that time part of Dedham, known as the "mother of towns", as fourteen of the present communities of eastern Massachusetts lay within its original borders. Long used as a hunting ground by Native Americans, Norwood was first settled by Ezra Morse in 1678. He set up a sawmill in what is now South Norwood, the part of town to which the first concentration of families, almost all of whom were farmers, migrated over the next half-century. During the American Revolution, there was a Minuteman company organized in the area. Its captain, Aaron Guild, on learning of the British marching on Lexington ...
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Walpole, Massachusetts
Walpole is a town in Norfolk County, Massachusetts, United States. Walpole Town, as the Census refers to it, is located about south of downtown Boston and north of Providence, Rhode Island. The population of Walpole was 26,383 at the 2020 census. Walpole was first settled in 1659 and was considered a part of Dedham until officially incorporated in 1724. The town was named after Sir Robert Walpole, ''de facto'' first Prime Minister of the United Kingdom, Prime Minister of Great Britain. It also encompasses the entirely distinct entity of Walpole (CDP), Massachusetts, Walpole (CDP), with its much smaller area of 2.9 square miles. History It started out as a territory that was claimed by the Neponset Indigenous peoples of the Americas, Native American tribe. The Neponset tribe officially claimed the area that is now Walpole, and some of its surrounding territory, in 1635. The town of Dedham was not included in this claim, so they began to negotiate with the Neponset tribe to g ...
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Westwood, Massachusetts
Westwood is a town in Norfolk County, Massachusetts, United States. The population was 16,266 at the time of the 2020 United States Census. History Westwood was first settled in 1641 and was part of the town of Dedham, originally called 'West Dedham', until it was officially incorporated in 1897. It was the last town to split from the original town of Dedham. From early in the settlement of Dedham, the people of the Clapboard Trees Precinct were "a wealthy, sophisticated lot, familiar with the bigwigs of provincial politics and prone to the religious liberalism that was à la mode in Boston." Residents did not care for the politically more powerful Calvinist views of those who lived in the village of Dedham and asked to separate. It was originally to have been named the "Town of Nahatan:" In July 2005CNN/Money and ''Money'' magazineranked Westwood 13th on its list of the 100 Best Places to Live in the United States. Geography According to the United States Census Bureau, the to ...
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