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London Metropolitan Archives

MAGNET PERMANENT BENEFIT BUILDING SOCIETY


IDENTITY STATEMENT

Reference code(s): GB 0074 O/205

Held at: London Metropolitan Archives

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 AND 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.

Physical characteristics:

Fit

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

DESCRIPTION NOTES 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


INDEX ENTRIES
Subjects
Benefit societies | Societies | Associations | Organizations
Building societies | Financial institutions | Finance
Financial statements | Accounting | Financial administration | Finance

Personal names

Corporate names
Magnet Permanent Benefit Building Society

Places