Tag Archives: Division of Unclaimed Property

- Are You Ready for Some Football?

Photo of Carl Hairston, NFL Historical Imagery

This week marks the start of the NFL’s regular season. In honor of the return of football, this week’s Out of the Box spotlights an unusual discovery from the state records collection:  two NFL contracts from a former member of the Philadelphia Eagles.

In Virginia, unclaimed property is remitted to the state if it has been abandoned, meaning it has been held for an extended period of time with no owner contact and there has been a “good faith” effort to locate the owner. This includes safe deposit boxes, which are presumed abandoned after five years. The Department of the Treasury, Division of Unclaimed Property, then sends any papers or records from those lots to the Library of Virginia.  State records archivists appraise these records to identify papers with historical, legal, informational, or intrinsic value. For more information, check out this blog post on unclaimed property.

Lot number 13019 contains two contracts between Carl Hairston and the Philadelphia Eagles Football Club, the first beginning on 1 April 1981 and the second on 1 April 1982, although both were signed 8 July 1980. The contracts stipulate the expectations of the club for Hairston’s participation in training, practice, and publicity, as well as the details of compensation, conduct, and cases of injury.

The contract makes other expectations clear as well; for instance, it states that “Without read more »

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- Baring Their Assets: The Department of Treasury’s Division of Unclaimed Property

State Records archivists Paige Neal and Roger Christman (foreground) and personnel from the Virginia Department of Treasury examine boxes of unclaimed property, 2001.

“Lost and Found,” the Library of Virginia’s new exhibition, explores how the loss and discovery of items affects personal and collective memory. The exhibition was inspired by the records “found” in bank safety deposit boxes by the Department of Treasury’s Division of Unclaimed Property. In Virginia, the Unclaimed Property Act (Code of Virginia, 55-210.1 to 55-210.30) establishes the Department of Treasury and its Unclaimed Property Division as the official custodian for property left in safety deposit boxes when no owner or heir appears to claim the assets.

By 2001, roughly 300 cubic feet of Department of the Treasury records sat unused in the stacks of the Library of Virginia. Changes in the retention and disposition schedule for this series of records have allowed State Records archivists at LVA to review their contents and make them available to the public for the first time. These records, managed by the Unclaimed Property Division, consist of personal papers culled from abandoned safe deposit boxes throughout the state. Previously, the collection was scheduled to be retained permanently, but was restricted and could be used only by Treasury employees.

Should attempts by Treasury employees to locate the owners or rightful heirs of the unclaimed property prove unsuccessful, the property in question legally reverts to the state. As the contents of abandoned safe deposit boxes arrive in the Unclaimed Property Division, … read more »

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