Philadelphia Contributionship Founded
Philadelphia Contributionship, the oldest insurance company still in existence in the United States was founded by Benjamin Franklin and fellow firefighters.
Declaration of Independence Adopted
The Second Continental Congress met in Philadelphia and approved the final draft of the Declaration of Independence, thereby severing the 13 American Colonies’ political connections to Great Britain. The document was actually signed on August 2, 1776 by all 56 delegates grouped by state from north to south, with the exception of the President of the Continental Congress, John Hancock.