Includes membership records, officers' reports, business papers, subscription library records, minutes of the Society's meetings and debates. Includes receipts and letters expressing pleasure at being honored by the society. Receipt dated December 2, 1841 from Thomas Jonathan "Stonewall" Jackson while he was a Virginia constable, which was later given to the Franklin Society.

This minute book contains Executive Committee minutes, treasurer's reports, and plans for a monument to Stonewall Jackson in the Lexington Cemetery. Also included a four page pamphlet, "As Others See, Stonewall Jackson Memorial, Inc., Lexington, Virginia, Editorial Comment, Comments by Columnists, and Comments by Individuals.