One bearer certificate of one 20 pounds share of :"The Ottoman Company Limited",1865. Reported to be issued in London U.K.Condition (opinion): Extremely Fine (EF) near "about uncirculated" (AU).Printer:Bradbury Wilkinson & Co.Engravers ,London (U.K.) Uncancelled .Size:27 cm 18,5 cm.Watermark paper .Large dry seal at lower left. Uniface.Three handwritten signatures: Thomas Palmer (Director) and Augusto Soares (Director) Is reported than the company closes one year later in 1866 ,one of the 200 companies that failed in the wake of the Overend Gurney collapse.J.Lewis Farley was the director at that moment (see below and also below at bottom end some related -or probably related- information found on the web): James Lewis Farley (9 September 1823 - 12 November 1885), was an Irish banker, diplomat and writer on Eastern affairs. J. Lewis Farley, Director of the Ottoman] Company (Limited) and Chairman of the aforesaid Meetings of the IGth May and 7th June, 1866. In the Matter of the Companies Act, 1862, ahd> of the Wine Importers Association (Limited). • London, Juno 18, 1866. J. See below for related information from the web. Use this picture for reference only, serial number may be different. Old or historical document for exhibition, archive, documentation, collecting, study or decoration purposes only . See below for related information from the web. Please read carefully the sale terms ,shipping conditions and information below. The buyer accepts those terms, conditions and cost described.
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December 14 San Francisco Daily Evening Bulletin Muygridge advertisement, Illustrated
Regarding early episodes of large banking failures, it is worthwhile describing U.K. and U.S. cases in the late 19th and the wake of the 20th centuries, respectively. In 1866 England experienced the collapse of Overend Gurney and Co. Ltd., a financial institution involved in banking and bill broking, with a balance sheet ten times the size of the second largest, which precipitated the failure of a considerable number of other banking and nonbanking institutions. Despite Bank of England refused to rescue Overend, which was finally declared insolvent due to losses resulting from bills of dubious quality and lending with poor collateral, Bank of England’s actions during the episode8 stated that it would intervene as LLR in situations of severe panic related to large banking institutions (Heffernan, 2005). In 1890 Baring Brothers, a large international merchant bank founded in 1762, also failed due to non-performing loans granted to Latin American countries, but 7 Based on Gup (1998), who provides a summary of bank failures and near failures comprising 70 institutions from Belgium, Canada, France, Germany, Italy, Japan, Netherlands, Sweden, Switzerland, U.K. and U.S., from 1974 to 1997, authors calculated that regarding episodes involving large banking institutions (24), 22 ended without liquidation or closure (91.7%); episodes involving medium banking institutions (8) always ended without liquidation or closure (100%); and episodes involving small institutions (38), 15 ended without liquidation or closure (39.5%). 8 In order to face the episode the Bank of England was allowed to suspend the 1844’s Bank Act (also known as Peel’s Act). Under this act Bank of England’s discretionary ability to issue notes was restricted to a statutory £14 million above its holdings of gold bullion (Chancellor, 2000). --------------------------------------------------------------------------------------------------- 3554 THE LONDON GAZETTE, JUNE 19, 1866. the words " Tender for Glass and Lead" and must also be delivered at the Department of the Storekeeper-General, Admiralty, Somerset House, accompanied by a letter signed by two responsible persons, engaging to become bound with the person tendering, in the sum of £1,000 -for the due performance of the contract. CONTRACT FOR PRESERVED FOWL. Contract Department, Admiralty, Somerset House, June 14, 1866. rjT^HE Commissioners for executing the office of _§_ Lord High Admiral of the United Kingdom of Great Britain and Ireland do hereby give notice, that on Thursday, the 5th July next, at twelve o'clock at noon, they will be ready to treat with such persons as may be willing to contract for supplying and delivering into Her Majesty's Victualling Stores at Deptford, all stick quantities <f PRESERVED FOWL, as shall from time to time be demanded under a contract for twelve calendar months certain, and further, until the expiration of three calendar months warning. •Four samples must be produced by the parties tendering. •No tender will be received unless n ade on the printed form provided for the purpose, and which may be obtained on application in the Lobby of the Department of the Comptroller of Victualling, Admiralty, Somerset House, lohere the conditions of the contract may be seen. No tender will be received after tioelve o'cloch at noon on the day of treaty, and it will not be required that the party tendering, or an agent on his behalf\ should attend at the office on the day of contract, as the result of the offer received from each person ivill be communicated to him and his proposed sureties in writing. Every tender must be addressed to the Secretary of the Admiralty, and bear in the left-hand comer the words " Tender for Preserved Fowl" and must also be delivered at the Department of the Comptroller of Victualling, Admiralty, Somerset House, signed by two responsible persons, engaging to become bound with the person tendering, in the sum of £500 for the due performance of the contract.- • • ~T\7~0 TICE is hereby given, that at an. ExtrajLv ordinary General Meeting of the Fresh Provision Preserving Company (Limited), held at the offices of the Company, Abchurch-chambers, Abchurch~lane, in the city of London, on Tuesday, the 12th day of June, 1866, the following Special Resolution was passed ; vim.:— "..That this Company be wound up voluntarily." " Dated 13th June, 1866. • -, • . Wm. OalieSj Chairman. In the Matter of the Ottoman Company (Limited), jand in the Matter of the Companies Act, 1862. A T an Extraordinary General Meeting of this j\ Company, held at No. 20, Threadneedlestreet, in the city of London, on the 16th day of May, 1866, it was resolved:— " That the Ottoman Company (Limited) be wound up voluntarily, under the provisions of the Companies Act, 1862." And at an Extraordinary General Meeting of the said Company, held .at No. 20, Threadneedle* street aforesaid, o'n the 7th day of June, 1866, it was resolved:— " That the Resolution * that the Ottoman Company (Limited) be wound up voluntarily, under", the provisions of the Companiess Act, 1862,"' passed at the Meeting on the 16th day of May, 1866, be confirmed." And it was also resolved: — . "'J1",,: " That Mr. Joseph Sawyer, of Fenchurch-; street, Public Accountant, be appointed Liqui-i dator of the Ottoman Company (Limited)." " -• J. Lewis Farley, Director of the Ottoman] Company (Limited) and Chairman of the aforesaid Meetings of the IGth May and 7th June, 1866. In the Matter of the Companies Act, 1862, ahd> of the Wine Importers Association (Limited). • London, Juno 18, 1866. J. T an Extraordinary Meeting of this Com-! . pany, held at the Registered Offices of the] Company, Nos. \ 5 and 16, Adam-street, Strand, • on the 17th day of May, 1866, it was resolved:—-'- " That this Company be wound up voluntarily." And at a Second Extraordinary General Meeting of the said Compauy, held at the above named place, on the 6th day of June, \ 866, the! above resolution was confirmed, and Mr. JohnEmerson, of No. 4, Brunswick-gardens, Campden-: ' hill, and Mr. Frederick Bertram Smart, of No. 38,' Creskam-street, were appointed Liquidators. J. Emerson, Chairman. . Overend, Gurney, and Company (Limited) > Winding Up. .;. OTICE is hereby given, that at an Extra-" ordinary General Meeting of the above-' named Company, held at the London Tavern, Bishopsgate-street, in the city of London, on the- \\th day of June instant, the following Resolution icas passed:— V " That it has been proved to the satisfaction of this Meeting* that Overend, Gurney, and Com-* pany (Limited) cannot, by reason of its liabilites,; continue its business, and. that it is advisable to_ wind up the same voluntarily, under the supervision of the Court, and that William Turquand, of Tokenhouse-yard, and Robert' Palmer Harding, of Bank-buildings, in the city of London, Esqrs., ,be and they are hereby appointed Liquidators." - Dated this IGth day of June, 1866, J. H. Gurney, Chairman. -. Sea and River Marine .Insurance Company (Limited). In Liquidation. LL Persons claiming to be Creditors of the Sea and River Marine Insurance Company (Limited), are requested, on or before the SOth day .of June instant, to send their names and addresses, and the particulars of their debts' or 'claims, - to Mr. Alfred Augustus James, the Liquidator of the^ Company, at his Office, No. 18, King-street? Cheapside, in the. city of London, or in defaultJ thereof the Liquidator will be at liberty to disv tribute the assets of the said Company, having regard only to the claims of which he shall then, have had notice.—Dated this 4l£ day of June, 1866. . A. A. James, Liquidator ----------------------------------------------------------------------------------------------------------------------------------- About the first director´s hand signature is found at the web: Such a rosy picture of the future of cotton-growing in Tahiti was painted by Stewart that he soon had the ear of the French Governor, M. de la Richerie. Though it is stated that Stewart arrived penniless in Tahiti, he was soon enabled to leave for England and float a company in London with a capital of £100,000. 2 The company was at first known as the Polynesian Cotton Coy. Ltd.: its initial capital was £30,000. The enterprize, however, soon attracted additional British capital, the initial company was absorbed, and it became known as the Tahiti Cotton and Coffee Plantation Coy. Ltd. The Atimaono estate was for a time called the Plantation Soares, because Stewart had become the personal representative in Tahiti of Augusto Soares, a Portuguese financier who had branches of his house in London and Paris, the man who was intimately associated with his activities from the beginning. It is recorded that the Soares company received £30,000 for its interests, and the new company was incorporated in London on 4 June, 1863. ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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