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    Description

    Pennsylvania Hospital Subscription Certificate - August 23, 1754
    A partly printed document signed Daniel Etter regarding Etter's financing of the famed and pioneering Pennsylvania Hospital.
    "Daniel Etter of ye City of Philadelphia I do promise to pay Charles Norris Treasurer of the Pennsylvania Hospital or his Successors in the said trust the Sum of five pounds current Money of Pennsylvania, with lawful interest on the same..." Below Etter's document is a similar one for Jacob Maag, except that Maag's signature has been cut out.
    In 1751 Benjamin Franklin was approached by a friend, Dr. Thomas Bond, with the idea to create a city hospital to treat the poor. Franklin's prominence helped the project succeed and it became the nation's first incorporated hospital. The Provincial Assembly agreed to match all private subscriptions like Etter's. Franklin ranked the establishment of the hospital as one of the most satisfying accomplishments of his life. It was the first example in America of subscription based financing. A Fine piece of both American financial and medical history.


    Auction Info

    Auction Dates
    August, 2003
    15th Friday
    Internet/Mail Bids: 3
    Lot Tracking Activity: N/A
    Page Views: 281

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