A Guide to the Mechanics Building Fund Association Journal, 1867-1876

Access and use

Location of collection:
Library of Virginia
The Library of Virginia
800 East Broad Street
Richmond, VA 23219
Contact for questions and access:
POC: Archives Reference Services
Phone: (804) 692-3888
Restrictions:

Collection is open to research.

Terms of access:

There are no restrictions.

Preferred citation:

Mechanics Building Fund Association Journal, 1867-1876. Rockbridge County (Va.) Reel 206, Local Government Records Collection, Rockbridge County Court Records, The Library of Virginia, Richmond, Virginia.

Summary

Language:
English
Preferred citation:

Mechanics Building Fund Association Journal, 1867-1876. Rockbridge County (Va.) Reel 206, Local Government Records Collection, Rockbridge County Court Records, The Library of Virginia, Richmond, Virginia.

Background

Scope and content:

Journal, 1867 Nov. 15-1876 Aug. 15, of Mechanics Building Fund Association records monthly transactions between the association and its stockholders. Entries record the date of transaction, name of stockholder, form of transaction, and amount of transaction. Examples of transactions include cash received by the association from the payment of dues, fines, and interest on loanss and cash paid out by the association for expenses, dividends, and salaries.

Biographical / historical:

The Mechanics Building Fund Association, based in Lexington, Virginia, was incorporated on November 15, 1867, in accordance with an act to provide for the incorparation of "Building Fund Associations" passed by the Virginia General Assembly on May 29, 1852, and amended by an act passed on January 31, 1867. The purpose of such associations was to accumulate a fund to enable its members to purchase houses and lots, erect buildings, improve lands, and to remove incumbrances from real estate. It would also distribute among its members their proper dividends from revenue accumulated by the fund.

The journal, 1867-1876, of the Mechanics Building Fund Association was probably used as an exhibit in court cases that involved the association heard in Rockbridge County Circuit Court.

Acquisition information:
This volume was microfilmed in 2013 by Backstage Library Works in Bethlehem, PA.
Physical description:
1 vol. (378 p.)