Sinking fund accounts

Archive Collection

Scope and Content

Manuscript volume containing accounts of a sinking fund, 1718-1728, entitled 'Accounts shewing the surplus's on the several Fonds composing the sinking fond from the first establishment thereof to Michaelmas 1728'.

Administrative / Biographical History

A sinking fund is a fund accumulated and set aside by a corporation or government agency for the purpose of periodically redeeming bonds, debentures, and preferred stocks. The fund is accumulated from earnings, and payments into the fund may be based on either a fixed percentage of the outstanding debt or a fixed percentage of profits. Sinking funds are administered separately from the corporation's working funds by a trust company or a sinking-fund trustee.

Arrangement

Single item.

Conditions Governing Access

Access to this collection is unrestricted for the purpose of private study and personal research within the supervised environment and restrictions of the Library's Palaeography Room. Uncatalogued material may not be seen. Please contact the University Archivist for details.

Acquisition Information

Part of the Goldsmith's Library of Economic Literature, initially collected by Herbert Somerton Foxwell and presented by the Goldsmith's Company to the University of London in 1903.

Other Finding Aids

Collection level description.

Physical Characteristics and/or Technical Requirements

Manuscript folio. Bound in vellum.

Archivist's Note

Compiled by Sarah Smith as part of the RSLP AIM25 Project.

Conditions Governing Use

Copies may be made, subject to the condition of the original. Copying must be undertaken by the Palaeography Room staff, who will need a minimum of 24 hours to process requests.

Subjects