The Australian and Eastern Navigation Company Ltd


Date(s) of creation: 1863-1878
Level: Series
Format: Archive           

collection SOAS Archive
id JSS.11.2.6
recordtype archive
scb_item_location Archive & Special Collections
item_location Archive & Special Collections
scb_loan_type Reference only
callnumber JSS/11/2/6
callnumber_txt JSS/11/2/6
callnumber-sort JSS/11/2/6
prefix_number 6
title The Australian and Eastern Navigation Company Ltd
scb_date_creation 1863-1878
scb_level Series
level_sort 4/Collection/Sub-Collection/Sub-Sub-Collection/Sub-Sub-Sub-Collection/Series/
scb_extent 5 files
format Archive
scb_admin_history Australian and Eastern Navigation Company Ltd was a proposed amalgamation of the 'Black Ball', 'Eagle' and 'White Star' Lines of Packets, sailing between Liverpool and Melbourne; and the services of their agents. It was intended that the Company would establish between England and Australia a line of Auxiliary Screw Steamers, of large capacity, worked in tandem with the Clipper ships od the above Lines. Shares were initially sold to the public at £50 per Share and against a promise that 'the risk and expense of forming a new business will be entirely avoided.' The venture came under vehement criticism and media attention because of claims that the Directors allotted majority Shares to themselves, their family and acquaintances. The Stock Exchange censured the directors for this 'objectionable' mode of allotment.
scb_access_status Open
language English
language_search English
scb_scripts_material Latin
hierarchy_top_id_raw JSS
hierarchy_sequence JSS.0011.002.006