Deferred Shares of 1 Shilling. red. #300000. No 578. Heavy folds. Formed London 1906, liquidated 1912. They were successful in the fisheries 1906 and 1907 so that very good dividends were paid. In fact, about £50,000 was paid out to shareholders during the first two years on an issued capital of £90,000 ! After that, there were no more fisheries and the company paid rent to the Government until lack of any prospects of a fishery resulted in a re-arrangement of terms and the termination of the lease in April 1912. The company chairman was Joseph West Ridgeway, Governor of Ceylon from 1896 to 1903. One of the very few scripophily pieces we've ever seen from Ceylon (today Sri Lanka), a British colony between 1796 and 1948.
Themes: FISHERY, JEWELS
GREAT BRITAIN, SRI LANKA (CEYLON)
Date: 14 March 1907
Startprice: € 50