Subseries B. Investments and funds

Date:
1875-1876, 1929-1967

Scope and Content Note

The two Registers of Stock Certificates appear to be a record of the initial investors in Memorial Hall as the site of the Centennial art exhibition. The Centennial Board of Finance issued memorial certificates for shares of stock. The name of each recipient is recorded here along with their certificate number, number of shares, issue dates and note of receipt. This information is not published in any of the Museum's earliest annual reports, and the small list of "centennial stock" purchasers noted in the first annual report is not the same.

The other two volumes in this subseries are identified here as registers because of their format and captured information. The creator of the 1929-1935 register assigned the volume its "Underwriting" title. Periodic "calls" with each underwriter are noted and pertain to various collection purchase funds. Object purchases are also included, noting donor names and dollar amounts. The register of Accounts, Nos. 1-184, tracks investments, ca. 1939-1958, made within various funds and investment accounts. For each account, stocks and purchase prices are listed. Interest earned in various income funds is also recorded as well as other income sources, such as dues, museum publication subscriptions and photographs. Some object purchase information is also included.

The "Secretary of the Corporation Records" include additional documentation of the Museum's investment practices, primarily after the years documented here. The "Investment and endowment records" series consists of reports issued from 1944 through the 1970s by various investment institutions, as well as the minutes and other papers of the Museum's Investment Committee from 1955 to 1976. A set of index cards tracks the performance of individual stocks purchased or sold between 1954 and 1967.

See Also:
Secretary of the Corporation Records / IV. Investment and endowment records