Truckee, Ca. 1891-1893. 27pp. Folio. Original red half calf and cloth, manuscript label on front cover. Spine heavily worn and chipped, corners worn. Lightly dampstained in lower corner, affecting last few leaves of text. Minor soiling else. Repurposed for a register in 1937, pp.29-145. Good. Item #758
Ledger recording the meeting minutes of the short-lived Truckee Building and Loan Association, from its incorporation in May 1891 to its dissolution in September 1893. The first entry here, dated May 28, 1891, records the election of the association's directors: Daniel McPhetres, S. McCurdy, T.B. Whitney, A.J. Willis, Dana Eastman, E.G. Harrison, and W.H. Prouty. H.A. Mason was acting secretary, and thus the scribe for this volume. The next entry, dated June 4, organizes the aforenamed men into offices with salaries; the rate of loans was fixed at ten per cent interest. Other entries record stockholders, the distribution and sale of stock, and other association business such as the resignation and reappointment of officers. By September 1893, the association minutes record an asset balance of cash on hand totaling $1.038.80 and a liability sheet of $1,009.55 -- in the black with just $29.25. At the final meeting of September 16, a motion was passed to liquidate and disincorporate the association.
The ledger was repurposed for in August 1937, and the remainder of the volume is comprised of a name and address registry with the occasional ink stamp which reads, "Give your street address / You may win a prize." Names range from across California and Nevada, with locales as far away as Japan, British Columbia, and New York City. The noted maritime artist and historian Hewitt R. Jackson has signed the volume on page 135.