Inter-Southern Life Insurance Co. Ledger, 1931-1932

Access and use

Location of collection:
Thomas Balch Library
Thomas Balch Library
208 West Market Street
Leesburg, Virginia 20176
Contact for questions and access:
POC: Alexandra S. Gressitt
Phone: (703) 737-7195
Fax: (703) 737-7195
Restrictions:

Collection open for research.

Terms of access:

No physical characteristics affect use of this material.

Preferred citation:

Inter-Southern Life Insurance Co. Ledger (SC109), Thomas Balch Library, Leesburg, VA.

Summary

Extent:
1 Ledger
Creator:
Ann Branham
Abstract:
Inter-Southern Life Insurance Co. Ledger, (1931 -1932) consists of one volume recording individual policies issued and renewed between 1931 and 1932.
Language:
English
Preferred citation:

Inter-Southern Life Insurance Co. Ledger (SC109), Thomas Balch Library, Leesburg, VA.

Background

Scope and content:

Inter-Southern Life Insurance Co. Ledger, (1931 -1932) consists of one volume recording individual policies issued and renewed between 1931 and 1932. Policy holders are listed by name on a thirteen page alphabetic index at the front of the volume. Dated entries for each policy holder follow listing name, age, policy number and town of residence for each individual insured. Policies were issued by the People’s National Bank of Leesburg, Virginia, and the book was held at the main branch in Leesburg. Included among policy holders are numerous employees of the bank. Page 136 of the ledger features a list of cash taken in for ninety-seven policies at the bank and payments out to the Inter-Southern Life Insurance Company between April and June 1931.

Biographical / historical:

The Inter-Southern Life Insurance Company was founded in 1906. Originally formed with the aim of only operating in southern states, Inter-Southern Life grew steadily, building a well-known skyscraper to house its headquarters in Louisville, Kentucky in 1913. Riding a wave of prosperity and increasing popularity for life insurance following World War I, Inter-Southern Life expanded heavily in the 1920s, presenting itself as a “clean, strong, and progressive” company in advertising. Although the company survived the first few years of the Great Depression, by 1932 it was failing financially. Placed into receivership, the Inter-Southern Life Insurance Company’s remaining assets were assumed by Kentucky Home Life in April of that year.

The People’s National Bank of Leesburg (PNB) was established in 1888. PNB headquarters at 13 North King Street in Leesburg was enlarged and renovated in 1905. Designed by Washington D.C. Architect Paul J. Peltz and constructed by Norris Brothers Construction, the building’s façade served as emblem for the Bank appearing on forms, publications, and promotional materials. Expanding its services through-out the twentieth century, PNB offered loans and insurance, established a real estate company, and added a number of branch offices throughout Loudoun County. In 1983, PNB merged with First American Bank of Virginia, which in 1993 was in turn taken over by the First Union National Bank of Virginia, soon becoming part of First Union National Bank, later Wachovia Bank, and finally Wells Fargo Bank.

Acquisition information:
Ann Braham
Processing information:

Laura Christiansen, 31 October 2014

Physical / technical requirements:

None

Physical description:
.