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MAGNET PERMANENT BENEFIT BUILDING SOCIETY

Identity Statement

Reference code(s): GB 0074 O/205
Held at: London Metropolitan Archives - click here to see details of the physical location of collection
Full title: MAGNET PERMANENT BENEFIT BUILDING SOCIETY
Date(s): 1868
Level of description: Collection
Extent: 0.01 linear metres
Name of creator(s): Magnet Permanent Benefit Building Society

Context

Administrative/Biographical history:

The first benefit society in England was established in 1775. Initially unrecognised by English law, benefit societies were co-operative savings clubs that facilitated their members buying houses. The Regulation of Benefit Building Societies Act was passed by Parliament in 1836, granting official recognition to these societies for the first time. By 1860 there were over 27,500 building societies around the country.

Content

Scope and content/abstract:

First annual balance sheet of the Magnet Permanent Benefit Building Society, 1868.

Access & Use

Language/scripts of material:
English

System of arrangement:

One document.

Conditions governing access:

Available for general access.

Conditions governing reproduction:

Copyright rests with the City of London.

Finding aids:

Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm

Archival Information

Archival history:

Immediate source of acquisition:

Donated to the Archive in 1965.

Allied Materials

Related material:

Publication note:

Description Notes

Archivist's note:

Rules or conventions:
Compiled in compliance with General International Standard Archival Description, ISAD(G), second edition, 2000; National Council on Archives Rules for the Construction of Personal, Place and Corporate Names, 1997.

Date(s) of descriptions:
July to October 2009

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