Records of the Trustees of the Building Fund
Collection
Identifier: CPP 10/019-01
Scope and Contents
The collection, 1849-1863, contains minute books, reports, a
cashbook, and some miscellaneous financial papers, including
receipts, a list of securities, and a draft of the 1859
extension of the deed of trust, documenting the decisions,
investments, labors, and fund raising activities of the
Trustees of the Building Fund of the College of Physicians
of Philadelphia. Most of this material was produced by
George Bacon Wood, as chairman of the trustees, or George
Fox; as treasurer.
Dates
- 1849 - 1863
Creator
Biographical / Historical
At a meeting of the College of Physicians of Philadelphia on
6 November 1849, George Fox proposed the formation of a
committee to determine the cost of a lot and construction of
a building as a permanent home for the institution. The
committee reported that $20,000 would be needed and
recommended that a trust be established with the College's
securities and additional funds raised over the course of
several years until the amount required to build was
collected. On 15 January 1850, George Fox, J, Rodman Paul,
and George Bacon Wood were elected Trustees of the Building
Fund and empowered to receive and invest all funds for
purchase and construction. A related body, the Committee of
Collections for the Trust Fund, was also formed at this
time.
In 1859, the Building Fund had reached $21,545, and the trust was continued for five more years. In 1860, a lot at 13th and Locust Streets was purchased and the deed delivered to the trustees. An adjacent lot was purchased in the following year. In December 1861, the College resolved to build but also continue fund raising efforts. The Hall of the College of Physicians was completed and occupied in March 1863. The trust was then annulled, and all proceeds from the sale of its securities were transferred to the College's Building Committee. The Trustees of the Building Fund were discharged by the College at its meeting on 4 March 1863.
In 1859, the Building Fund had reached $21,545, and the trust was continued for five more years. In 1860, a lot at 13th and Locust Streets was purchased and the deed delivered to the trustees. An adjacent lot was purchased in the following year. In December 1861, the College resolved to build but also continue fund raising efforts. The Hall of the College of Physicians was completed and occupied in March 1863. The trust was then annulled, and all proceeds from the sale of its securities were transferred to the College's Building Committee. The Trustees of the Building Fund were discharged by the College at its meeting on 4 March 1863.
Extent
.4 Linear feet (1 box)
Language of Materials
English
Custodial History
The records of the Trustees of the Building Fund were
transferred to the College of Physicians of Philadelphia by
the trustees circa 17 February 1863 and "as soon as the new
College Hall shall be finished and provided with a safe
place for the preservation of the archives, the title
papers, minutes of proceedings, and other papers belonging
to or in the keeping of the Trustees shall be deposited
among the archives of the College."
The collection was processed and catalogued in 1991.
The collection was processed and catalogued in 1991.
Creator
- Title
- Records of the Trustees of the Building Fund
- Language of description
- Undetermined
- Script of description
- Code for undetermined script
Repository Details
Part of the Historical Medical Library of The College of Physicians of Philadelphia Repository
