Reference code(s): GB 0074 O/205
Held at: London Metropolitan Archives
Title: MAGNET PERMANENT BENEFIT BUILDING SOCIETY
Level of description: Collection
Extent: 0.01 linear metres
Name of creator(s): Magnet Permanent Benefit Building Society
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.
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:
Conditions governing access:
Available for general access.
Conditions governing reproduction:
Copyright rests with the City of London.
Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm
Immediate source of acquisition:
Donated to the Archive in 1965.
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