Mss:784 1933-1982 C755
Consolidated Investment Trust. Consolidated Investment Trust Records, 1933-1982: A
Baker Library Historical Collections, Harvard Business School, Harvard University
Harvard Business School, Boston MA 02163.
© President and Fellows of Harvard College
Call No.: Mss:784 1933-1982 C755
Repository: Baker Library Historical Collections, Harvard Business School, Harvard University
Creator: Consolidated Investment Trust
Title: Consolidated Investment Trust records
Quantity: 3.25 linear feet (13 volumes)
Language of materials: English
Abstract: The records of the Consolidated Investment Trust of Boston, Massachusetts include
trustee records, executive committee record, and shareholder records.
Gift of Lawrence Coolidge of Loring, Wolcott & CoolidgeFiduciary Services, 2001.
Processed: May 2015
By: Tessa Cierny
Some materials are stored offsite. Please contact firstname.lastname@example.org for more information
regarding this collection.
Cite as: Consolidated Investment Trust Records. Baker Library Historical Collections.
Harvard Business School.
The Consolidated Investment Trust (CIT) was a Boston, Massachusetts based medium-sized
mutual fund founded in 1933 by a small group of prominent Boston businessman including
Chandler Hovey, W. Rodman Peabody, and Frederic E. Snow. The fund began with the consolidation
of mutual funds managed by Peabody & Co. in the 1930s which at the time had several
thousand shareholders. In 1972 Consolidated Investment Trust acquired Boston Property
Trust and was soon thereafter reorganized. Due to a slow decline in total assets over
the next 10 years, in 1982 CIT sought to combine with another investment company and
were ultimately acquired by The George Putnam Fund of Boston in December of the same
The collection is arranged in the following series:
- Series I. Trustee records, 1933-1982
- Series II. Executive Committee records, 1933-1982
- Series III. Shareholder records, 1933-1967
The Consolidated Investment Trust records span the years 1933 to 1982 and primarily
document the management of the fund over five decades beginning with its inception
in 1933 through to its liquidation on December 17, 1982. The collection consists of
thirteen volumes which contain trustee records, executive committee records, and shareholder
- Series I. Trustee records
Scope and Contents: This series is comprised of six volumes containing the records of the Board of Trustees
for Consolidated Investment Trust. The volumes include the Agreement and Declaration
of the Consolidated Investment Trust and board meeting minutes which detail all votes,
bills of sale, elections, and share purchases. Also included are letters to shareholders,
committee and shareholder reports, amendments to the trust, and documents related
to the 1972 acquisition of Boston Personal Property Trust and the acquisition of the
Consolidated Investment Trust in 1982 by The George Putnam Fund of Boston.
- Volume 1Trustee records no. 1, 1933-1939.
- Volume 2Trustee records no. 2, 1939-1948.
- Volume 3Trustee records no. 3, 1948-1957.
- Volume 4Trustee records no. 4, 1957-1966.
- Volume 5Trustee records no. 5, 1966-1974.
- Volume 6Trustee records no. 6, 1974-1982.
- Series II. Executive Committee records
Scope and Contents: This series is comprised of four volumes containing the records of the Executive Committee
for Consolidated Investment Trust. The volumes contain committee meeting minutes which
detail votes, bills of sale, elections, discussions of investments, earnings reports,
share purchases, and discussions related to investment policies. Also included in
volume 10 are reports from the Audit Committee summarizing auditing activities and
- Volume 7Executive Committee records no. 1, 1933-1946.
- Volume 8Executive Committee records no. 2, 1946-1960.
- Volume 9Executive Committee records no. 3, 1960-1971.
- Volume 10Executive Committee records no. 4, 1972-1982.
- Series III. Shareholder records
Scope and Contents: This series is comprised of three volumes containing the records of the annual shareholders
meetings. The volumes include the minutes of each annual meeting, meeting notices,
and annual reports to stockholders summarizing the end of year assets, liabilities,
stocks, and bonds. Also included are the documents related to a special meeting of
the shareholders which was held in 1982 for the approval of the Agreement and Plan
of Reorganization providing for the transfer of the Trust's assets to The George Putnam
Fund of Boston.
- Volume 11Shareholder records no. 1, 1933-1949.
- Volume 12Shareholder records no. 2, 1951-1967.
- Volume 13Shareholder records no. 3, 1968-1982.
Financial services industry.
Consolidated Investment Trust
Kidder, Peabody & Co.