S. Blanckensee And Son's Madrid Establishment
Posted: Wed Aug 17, 2011 3:39 pm
I came across this entry in a copy of 'The Statist' from 1887 and was surprised to see that that the firm of S. Blanckensee & Son had an establishment in Madrid.
The private firm of S. Blanckensee And Son, wholesale manufacturing jewellers and goldsmiths, is formed into a limited liability company, with a capital of £120,000, and £8,000 "A" or Preference Shares of £10 each are now offered to the public. The shares bear a preferential dividend of 10 percent., with a participation in the surplus profits under certain contingencies set out in the prospectus. The firm has been in existence for sixty years, and is now represented to be one of the largest in the trade, with establishments at London, Birmingham, and Madrid. The certificate of Messrs. Chadwicks, Boardman and Co., the well known firm of chartered accountants, is given with the prospectus; also a valuation of the stock by Mr. E. J. Watherston, jeweller and goldsmith, of Pall Mall, and intending investors will naturally turn to the statements made respecting profits in the past and the results of the stock valuation.
Does anyone know any details their Madrid connection? John Culme's 'Directory of Gold & Silversmiths' makes mention of their factory and warehouse at 17, Calle Espox-y, Mina, Madrid, and notes that it closed in 1888, and that 'the workmen were sent back to the Birmingham factory' which seems to imply that the workforce were British.
I'm curious to know more.
Trev.
The private firm of S. Blanckensee And Son, wholesale manufacturing jewellers and goldsmiths, is formed into a limited liability company, with a capital of £120,000, and £8,000 "A" or Preference Shares of £10 each are now offered to the public. The shares bear a preferential dividend of 10 percent., with a participation in the surplus profits under certain contingencies set out in the prospectus. The firm has been in existence for sixty years, and is now represented to be one of the largest in the trade, with establishments at London, Birmingham, and Madrid. The certificate of Messrs. Chadwicks, Boardman and Co., the well known firm of chartered accountants, is given with the prospectus; also a valuation of the stock by Mr. E. J. Watherston, jeweller and goldsmith, of Pall Mall, and intending investors will naturally turn to the statements made respecting profits in the past and the results of the stock valuation.
Does anyone know any details their Madrid connection? John Culme's 'Directory of Gold & Silversmiths' makes mention of their factory and warehouse at 17, Calle Espox-y, Mina, Madrid, and notes that it closed in 1888, and that 'the workmen were sent back to the Birmingham factory' which seems to imply that the workforce were British.
I'm curious to know more.
Trev.