Fred Johnson Account Ledger (1920)
Archival ID: omhi-ledger-1920-fred-johnson
Date: 1920–1923 | Subject: Livestock & Asset Building | Format: Financial Ledger
Why This Document Matters
The Fred Johnson ledger is a primary example of asset accumulation. Spanning the early 1920s, it documents how community members didn’t just buy consumables, but invested in the future of their farms. This record is particularly significant for its evidence of “Stock Notes”—a form of high-level credit used to purchase livestock or major equipment. It proves that Johnson was building a working farm infrastructure through a sophisticated understanding of the local credit market.
Archival Note: The Stock Note
Note the specific entry for “Stock Note.” In archival research, this is evidence of the merchant acting as a chattel mortgagee. It represents a significant financial commitment by the family to grow their agricultural output by financing animals or machinery.
Note the specific entry for “Stock Note.” In archival research, this is evidence of the merchant acting as a chattel mortgagee. It represents a significant financial commitment by the family to grow their agricultural output by financing animals or machinery.
Archival Citation
“Fred Johnson Account Ledger, 1920-1923.” Store & Daily Transaction Collection. Digitized by OMHI, ID: omhi-ledger-1920-fred-johnson.
