Established in 1886 as the

Excelsior Marine Benevolent Association Excelsior, a Latin comparative word often translated as "ever upward" or "even higher", may refer to: Arts and entertainment Literature and poetry * "Excelsior" (Longfellow), an 1841 poem by Henry Wadsworth Longfellow * ''Excelsior'' (Macedo ...

, in 1893 changed its name to Ship Masters' Association. This was a society among members of the profession, where in case of death of a member the widow or

beneficiary A beneficiary (also, in trust law, '' cestui que use'') in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor. For example, the beneficiary of a life insurance policy is the person ...

would receive $100.00.Early History of International Ship Masters' Association (1924)
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References

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External links

International Shipmasters Association (Official Site)
Seafarers' trade unions Trade unions established in 1886