Certificate of Incorporation of Home Trust Company
Title
Certificate of Incorporation of Home Trust Company
Abstract
This ledger contains the minutes for the founding meeting of the Carnegie Home Trust Company. The Company was chartered on Oct. 22, 1901 in Hoboken, NJ. The only purpose of the Carnegie Home Trust Company was to invest, keep, and distribute the money for philanthropic activities, as well as distribute money and pensions to relatives, friends, and others as Andrew Carnegie thought appropriate. Th is was the beginning of Carnegie’s organized or “wholesale” philanthropy.