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Archiver > WALES-LOCAL-HISTORY > 2002-02 > 1012593869
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Subject: The Barry Dock and Engineering Co. Limited 1891
Date: Fri, 1 Feb 2002 15:04:29 EST
Just thought the above document might be of interest to those listers
interested in Maritime activies along the South Wales Coast in the UK. It
expresses an air of confidence in investment in the new Port at Barry, which
was opened in 1889.
The Barry Dock And Engineering Co., Limited
(INCORPORATED UNDER THE COMPANIES ACT)
CAPITAL, £ 110,000, in 11,000 £10 Shares of which 10,000 have been issued and
fully paid up, and the remaining shares are unallotted and reserved for
future requirements.
DEBENTURES, £50,000, bearing interest at the rate of 41/2per cent. Per annum,
having been subscribed for.
The UNDERTAKING consists of a Graving Dock, with all its equipment, at Barry,
constructed on about 4 1/2 acres of land, which has been leased to the
Company by the Barry Dock and Railways Company, for the term of 99 years, at
a ground rent of £750 per annum.
The DOCK is one of the largest in Great Britain, being 732 feet in length and
113 feet 7 inches in width, with a width at the entrance of 60 feet, and can
be divided by means of a caisson into two parts, so that four or more ships
can be accommodated at once.
The UNDERTAKING is equipped in the most complete manner with large and
substantial repairing and fitting shops, with all the most modem and
efficient machinery, so as to enable the company to carry on every branch of
Shipbuilding, Shiprepairing, and Foundry Work under conditions unsurpassed by
any similar Company.. The only Graving Dock accommodation yet provided for
the shipping frequenting Barry is that provided by this Company. The
Directors are the sole holders of four fifths of the shares issued, and they
are under covenant neither directly or indirectly to interest themselves in
any similar undertaking in Barry.
Mortgage Debentures have been issued upon the Undertaking to the extent of
£50,000, bearing interest at the rate of 41/2per cent. Per annum
Directors :
T.R.THOMPSON, Shipowner, Cardiff
L. WOOD. Colliery Proprietor, Cardiff.
E.C.BREGEON, Shipowner, Cardiff.
J.R.CHRISTIE. Shipowner, Cardiff,
L. GUERET. Shipowner, Cardiff.
EDMUND HANDCOCK, Shipowner, Cardiff.
THOMAS MOREL, J.P. Shipowner, Cardiff.
JAMES WARE, J.P. Shipowner, Cardiff.
JOHN GUTHRIE, LP. Shipowner, Cardiff.
MARK MORDEY, Ship and Dry Dock Owner, Newport.
Bankers
COUNTY OF GLOUCESTER BANK LTD., BARRY dock.
Solicitors
Messrs. DOWNING & HANDCOCK, Cardiff
Secretary
J.D.WOOD. Barry Dock.
General Manager
JOHN LOWDON, C.E
First Published In : Barry Dock & Time Table Year Book
Compiled by Lewis Lewis 1891
Republished : Axis Historical Society Newsletter No. 69
Should anyone hold further information on this or other companies which
operated in the area of Barry Docks I would be more than pleased to here from
you on or off list.
All for now.
Regards
Martin
Chairman : Axis Historical Society - Barry
http://www.barryaxis.org.uk/
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