Administrative Information

Access Restrictions

Collection is open to research.

Use Restrictions

There are no restrictions.

Preferred Citation

Rockbridge Building Fund Association Ledger, 1866-1878. Rockbridge County (Va.) Reel 205, Local Government Records Collection, Rockbridge County Court Records, The Library of Virginia, Richmond, Virginia.

Acquisition Information

This volume was microfilmed in 2013 by Backstage Library Works in Bethlehem, PA.

Historical Information

The Rockbridge Building Fund Association was incorporated in the mid-nineteenth century 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 ledger, 1866-1878, of the Rockbridge Building Fund Association was probably used as an exhibit in court cases that involved the association heard in Rockbridge County Circuit Court.

Scope and Content

Ledger, 1866-1878, of Rockbridge Building Fund Association records the individual accounts of stockholders. Entries record transactions between the association and its stockholders. Information found in the accounts include the date of transaction, name of stockholder, form of transaction, and amount owed and amount paid. Examples of transactions include amount owed and paid by stockholders for the payment of dues, fines, and interest on loans. The ledger also records the association's controlling accounts such as profit and loss, expense, loan, interest, and cash. The ledger includes an index that lists the names of customers and accounts in alphabetical order and the page number where they can be found.