Scotland's 100-Oldest Companies
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Scotland’s 100-oldest Companies Project David Luck BACS Surveying Officer May 2011 Contents Introduction………………………………………………………………………………………….5 Project Outline………………………………………………………………………………….......6 Guide to Project Entries……………………………………………………………………………7 Companies A & J MacNab, Limited……………………………………………………………………8 Aberdeen and Grampian Chamber of Commerce…………………………………….10 Aberdeen Heritable Securities and Investment Company Limited…………………..12 Aberdeen Trust Limited…………………………………………………………………..14 Aberdeenshire Country Foods Limited…………………………………………………17 Aberdeen-Angus Cattle Society…………………………………………………………18 Ainslie & Heilbron (Distillers), Ltd……………………………………………………….20 Alldays Retail Stores Limited…………………………………………………………….22 The Alliance Trust PLC…………………………………………………………………..24 The Asbestos and Rubber Company Limited…………………………………………26 Aviva Insurance Limited………………………………………………………………….27 Balmanno House Limited…………………………………………………………………29 Banff Town and County Club…………………………………………………………….30 Barclay Curle Limited……………………………………………………………………..32 Bell & Bain Limited…………………………………………………………………………34 Bon-Accord Builders Services Limited…………………………………………………..35 BP Exploration Company Limited………………………………………………………..37 BP Japan Oil Development Company…………………………………………………..39 British and Burmese Steam Navigation Company Limited……………………………42 C Davidson and Sons Ltd………………………………………………………………..45 CALA Limited………………………………………………………………………………47 Caradale Brick Limited……………………………………………………………………49 Cedarblue Limited…………………………………………………………………………51 Century Insurance Company Limited……………………………………………………54 Chambers Harrap Publishers Limited…………………………………………………..56 Church of Scotland Insurance Company Limited……………………………………..59 Clyde Cooperage Company Limited…………………………………………………….61 Clydesdale Bank PLC…………………………………………………………………….63 Corstorphine Public Hall Company Limited…………………………………………….66 Craigmillar Laundry Limited………………………………………………………………68 Crieff Hydro Limited………………………………………………………………………70 Croda (CPI) Limited………………………………………………………………………72 Cupar Corn Exchange Company Limited………………………………………………74 Curtis Fine Papers Limited………………………………………………………………76 The Dean Grounds Association Limited………………………………………………..78 Diageo Scotland Limited…………………………………………………………………80 Doloi Tea Company………………………………………………………………………82 Dunedin Income Growth Investment Trust PLC………………………………………83 Edinburgh American Assets Trust PLC………………………………………………..86 Edinburgh Booksellers' Society Limited………………………………………………..88 Edinburgh Dairies Limited………………………………………………………………..90 Edinburgh Hide, Skin and Tallow Market Company Limited…………………………92 2 The Edinburgh Investment Trust Public Limited Company…………………………..93 The Edinburgh Real Estate Company Limited………………………………………97 Gates (UK) Limited……………………………………………………………………..98 Glenboig Union Fireclay Company Limited…………………………………………100 Guarantee and Suretyship Insurance Company Limited…………………………..102 Heritable Bank Public Limited Company…………………………………………….104 Heritable Securities and Mortgages Investment Association Ltd………………….105 Highland Distillers Group Ltd………………………………………………………….107 Institution of Engineers & Shipbuilders in Scotland (The) …………………………109 J&P Coats, Limited…………………………………………………………………….110 Kerr & Company Limited………………………………………………………………113 Kilmacolm Property Company Limited……………………………………………….115 Kinkell Holdings (UK) Limited…………………………………………………………117 Lawson Donaldson Limited……………………………………………………………118 Leith Cemetery & Crematorium Company……………………………………………120 Lothians Racing Syndicate Limited……………………………………………………122 Marchington Properties Limited……………………………………………………….124 Mitchell & Muil, Limited…………………………………………………………………125 Moray and Nairn Newspaper Company Limited……………………………………..126 North British Distillery Company Limited……………………………………………..127 Paisley Cemetery Company Limited…………………………………………………..129 Pennycook Patent Glazing and Engineering Company Limited……………………131 Pumpherston Oil Company Limited……………………………………………………133 Quays Group PLC………………………………………………………………………..136 Rose Street Engineering (1985) Limited………………………………………………138 Royal Glasgow Institute of the Fine Arts………………………………………………140 The Royal Philosophical Society of Glasgow…………………………………………144 Royex Surplus (No.13) Limited…………………………………………………………146 The Samnuggur Jute Factory Company Limited………………………………………148 Sanderson & Murray Limited…………………………………………………………….150 The Scottish Assam Tea Company Limited……………………………………………152 Scottish Boiler and General Insurance Company Limited……………………………154 The Scottish Cremation Society Ltd……………………………………………………156 Scottish Insurance Corporation Limited ………………………………………………158 The Scottish Investment Trust PLC……………………………………………………160 The Scottish Lands and Buildings Company Ltd………………………………………164 The Scottish Metropolitan Property Company Limited………………………………166 Scottish National Glass and Glazing Company Limited………………………………168 Scottish Property Investment Company Limited…………………………………………169 Scottish Wine & Spirit Merchants Benevolent Society…………………………………170 The Second Alliance Trust Limited………………………………………………………172 Slater Rodger & Company Limited………………………………………………………174 South of Scotland Chamber of Commerce Incorporated………………………………176 Spanish Real Property Company Limited………………………………………………177 Standard Property Investment Limited……………………………………………………178 Stewart & Lloyds (Overseas) Limited……………………………………………………179 STOS PLC…………………………………………………………………………………182 Tharsis Public Limited Company (The) …………………………………………………184 Thomas Duff & Company Limited………………………………………………………..186 Titaghur PLC………………………………………………………………………………..188 United Wire Limited…………………………………………………………………………190 USM Investments PLC……………………………………………………………………..193 Victoria Jute Factory Company (The) Limited……………………………………………195 3 West of Scotland Insurance Office Limited………………………………………………197 The Western Cachar Company Ltd………………………………………………………199 William Collins, Sons & Company Limited……………………………………………….201 William Younger and Company Limited.…………………………………………………204 Young's Paraffin Light and Mineral Oil Company Limited (The) ………………………206 Thanks and Acknowledgements…………………………………………………………………….209 4 Introduction Company registration was introduced in the Joint Stock Act of 1856 to provide the public with a degree of regulatory protection, and now almost all commercial companies are registered. Although many companies in Scotland were formed before this date, they were often partnerships between individuals or family concerns passed down from generation to generation. Under the Act companies became more independent from their original founders, and began to become autonomous actors within Scottish community and history in their own right. Unlike firms and businesses founded before the act, only a fraction of the history of these companies can be found in the biography of the individuals who created them. Instead the story of registered companies can only be told by the records and archives of the companies themselves. Therefore the records of these organisations are an incredibly precious and unique resource. For the business they create a corporate store of information and experience that is longer and more reliable than any human memory. This can be researched and tapped, adding prestige to the brand through its heritage, and allowing the company to learn from past choices, actions and interactions. However the records and archives can also provide a narrative of company interaction with employees, customers and communities. Historians are increasingly aware of the importance of this narrative in Scottish life, especially in the last hundred years, and seek ways of capturing these relationships for the historical record. Without business records and archives future researchers would be robbed of a complete picture of Scottish history, and future businesses would be deprived of the expertise and innovations documented within. Companies House files are the official, public record of a company’s existence and they generally contain memoranda of association, lists of shareholders and directors (including their occupation and address), financial statements and, once the company is dissolved, details of the winding up. 20 years after the dissolution of the company these records are passed onto the National Archives of Scotland, which holds them in place permanently in the BT2 series of records. This series has been incredibly important in research into Scottish business history, most notably by Peter L Payne in his analytical study ‘The Early Scottish Limited Companies 1856-1895’ (Scottish Academic Press, Edinburgh; 1980). However these records are only a fraction of material that a company generates during its existence, which may include records of higher management choices and decision making, technical records documenting innovation and design, and publicity and promotional material. This project sought to identify the whereabouts of the wider range of material, whether it was located in existing archival collections, private holdings, or forgotten in the basement of successor businesses. The spreadsheet provides additional information, and also some points of comparison with Payne’s work, and the work done by Lesley Richmond and Bridget Stockford in researching the thousand oldest companies in England and Wales (‘Company Archives’ published in 1986). 5 Project Outlines The aim of the project was to investigate the current state of the records and archives of the hundred oldest Scottish companies still registered with Companies House as of the date of employment of the most recent BACS Surveying Officer (1 st December 2010). Although not all of these companies