Library Company of Philadelphia, Nation's Oldest Cultural Institution, Continues Operations After Nearly 300 Years
The Library Company of Philadelphia, recognized as the oldest cultural institution in the United States, continues its operations in Center City, Philadelphia. Founded by Benjamin Franklin in July 1731, before the United States was established, the institution is approaching its 300th anniversary. Director John Van Horne describes it as a 'well-kept secret.' Franklin initiated the library by pooling financial resources with colleagues to purchase books from Europe, aiming to improve both individuals and the community. The library's initial Articles of Association bear Franklin's signature. Throughout its history, the library served as an unofficial Library of Congress from 1774 to 1800, making its collection available to delegates of the Continental Congresses and the Constitutional Convention. While it began as a public library where shareholders could borrow books with a deposit, it has since transitioned into a research library located on Locust Street, housing approximately half a million books and 150...