Do you have shares in companies? I do not yet, but my Dad has been talking about setting me up with some shares. My Great Grandfather William Gow had shares in the North Central Broken Hill Silver Mining Company. Try saying that really fast 5 times in a row!
|Form confirming William Gow's purchase of 50 shares|
Finance and shares are not my forte at all. My understanding from this form is that on the 20th of December, 1895, William bought 50 shares in the company. If you look at the top of the form, you will see "dissolved in 1939" written. My Grandfather wrote that when, I assume, he was doing his own research.
I jumped on Trove to have a look at what information there was about the North Central Broken Hill Silver Mining Company.
|[Source: Advertising (1891, August 14). Barrier Miner (Broken Hill, NSW : 1888 - 1954), p. 3. |
Retrieved January 22, 2017, from http://nla.gov.au/nla.news-article44078267]
It seems that the North Central Broken Hill Silver Mining Company started in 1891 and was an off-shoot of the Central Broken Hill Silver Mining Company.
|[Source: I, THE undersigned, hereby make application to register The North Central Broken Hill Silver-mining, Company (No-Liability) (1891, December 1). New South Wales Government Gazette (Sydney, NSW : 1832 - 1900), p. 9441. Retrieved January 22, 2017, from http://nla.gov.au/nla.news-article21992581]|
A month before William bought his shares, the company had them available for three pence per share.
|[Source: NORTH CENTRAL BROKEN HILL SILVER-MINING COMPANY (No-LIABILITY). |
(1895, November 22). New South Wales Government Gazette (Sydney, NSW : 1832 - 1900),
p. 7626. Retrieved January 22, 2017, from http://nla.gov.au/nla.news-article222320712]
|18 September 1900. I wonder if this was for purchasing another 50 shares in the company?|
|[Source: COMPANIES ACT, 1936 (SECTION 323 (5)). (1939, December 15). Government Gazette of the State of New South Wales (Sydney, NSW : 1901 - 2001), p. 5811. |
Retrieved January 22, 2017, from http://nla.gov.au/nla.news-article225088312]
I would hope that the company going into liquidation did not affect William that much. Did he even still have shares in the company in 1939? Who knows.
Did your ancestors have any shares?