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Jewel Fruit Company Journal and Ledger, 1911-1912. Local government records collection, Lynchburg (Va.) Court Records. The Library of Virginia, Richmond, Va. 23219.
These items came to the Library of Virginia in shipments of court papers from Lynchburg.
Located in Lynchburg, Va., the Jewel Fruit Company operated for a brief period, 1911-1912, selling confectionaries, fruits, candies, cigars, cigarettes, and tobacco. Officers of the company included B. M. Bennett, president, and J. C. McClung, secretary-treasurer. On 27 April 1912, all assets of the company were conveyed to trustee John G. Haythe so that they could be liquidated for the benefit of the company's creditors.
Jewel Fruit Company Journal, 1911-1912, records the daily financial activities of the company -- documenting stock purchases, merchandise sales, and company expenses. Each entry includes the page number of the business account or the customer's individual account found in the corresponding ledger. Information found in each entry for customer purchases includes the customer's name, the notation "to merchandise," and the amounts owed. Details of the items purchased are not provided. Company expenses recorded in the journal include rent, telephone service, and employee salaries. At the end of each month, balance and statement sheets were used to record the assets and liabilities of the company. These statements provide a list of the company's stock holders.
Jewel Fruit Company Ledger, 1911-1912, records the accounts of individual customers and companies with which the firm transacted business. Information found in each customer account includes the date of purchase, amounts owed, and the page number for the original purchase entry found in the corresponding journal. Again, no details are provided for the items purchased. The company's controlling accounts are also recorded and include account entries for cash received, bills payable, and expense accounts with other companies.
For additional information see the Lynchburg (Va.) Chancery Cause, Trustees of Jewel Fruit Company versus B. M. Bennett and others. It can be found in the Local Records Collection at the Library of Virginia. The index number is 1913-019.