Share Scrip

Lot 3754    Session 11 (9:30am Thursday)    Share Scrip

Estimate $1,000
Bid at live.noble.com.au

VICTORIA, The Melbourne Patent Stearine Candle Company Limited, one share of three hundred pounds, issued to Adalbert Kruge of Melbourne, signed by Henry Henty and Frederick Lamb as Directors, dated 3rd January 1866; certificate of transfer, from Adalbert Kruge to James Graham, dated 10th May, 1866; also Memorandum and Articles of Association of 'The Melbourne Patent Stearine Candle Company Limited', twenty pages printed on vellum, signed by the twelve subscribers including Henry Henty, Herbert James Henty, Adalbert Kruge, James Graham, Frederick Lamb, dated 27th November 1865. Very fine and rare. (3)

According to the Memorandum of Association the objects of the Company were (II.1) To carry on in any of the Australasian Colonies the business of candle and soap manufacturing and (II.2) To purchase the premises known as 'The Flemington Candle Works' at Flemington, owned by Adalbert Kruge and Godfrey William Praagst, together with the machinery and stock in trade and the patent right invention and process of Godfrey William Praagst relating to the manufacture of stearine and sperm candles... (IV) The capital of the Company was eighteen thousand pounds divided into sixty shares of three hundred pounds each. In the listing of subscribers a total of 31 shares had been taken by 27th November 1865.