Deeds of trust of the Trustees of the Building Fund
Collection
Identifier: CPP 10/019-02
Scope and Contents
The collection contains the first deed of trust, 2 February
1850, between the College of Physicians of Philadelphia and
the Trustees of the Building Fund; the continuation of the
deed of the trust, 9 February 1859; and a report, 1 February
1861, of the trustees concerning the purchase of a lot
adjoining the College premises at 13th and Locust streets.
Dates
- 1850 - 1861
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
1 folder
Language of Materials
English
Custodial History
The records of the Trustees of the Building Fund were
transferred to the Historical Collections of the Library of
the College of Physicians of Philadelphia by Benjamin R,
Pierce of the Office of Finance and Accounting on 28 May
1992 as part of a larger transfer of property records from
the College safe.
The collection was processed and catalogued in 1993.
The collection was processed and catalogued in 1993.
Creator
- Title
- Deeds of trust 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
