stock life insurance company. Definition. A life insurance company owned by shareholders who share in its earnings, as opposed to a mutual company, which is owned by policyholders. Use this term in a sentence. â The stock life insurance company was the best way to coordinate and organize all of our affairs and our business.
Riverside County was founded in 1893 and its hospital opened the same year, admitting its first patient on July 26, 1893. In 1896, the Riverside County Board of Supervisors moved the hospital to San Jacinto. Shortly after that, in 1898, the hospital burned to the ground and was temporarily relocated to downtown San Jacinto while the original San Jacinto site was rebuilt.
History[edit] The hospital was founded in 1890 as St. John's Hospital, by the Sisters of Providence. In 1975, Jefferson County acquired control of the hospital, and in 1985 was it renamed Jefferson General Hospital. In 2004, the hospital was renamed Jefferson Healthcare Hospital because the organization included not only the hospital, but also a number of community clinics.