Identity area
Reference code
Title
Date(s)
- 1901-1928 (Creation)
Level of description
Extent and medium
0.7 linear metres
Context area
Name of creator
Biographical history
William Cotton, a former Governor of the Bank of England, owned a large amount of property in East London, mainly in Limehouse and Mile End. On his death his will (dated 6 Jul 1865) passed the estate to his executors and trustees (of whom his son was one) on condition it was to be further developed and held on trust for members of his family. In June 1901 the estate was turned into a private company, known as the Bow Common Estate Company, limited by shares. The company remained a family concern however, and all of the shareholders were descendants of William Cotton. From 1921 the estate was sold, and the proceeds invested in trustee securities. These were realised in January 1926 and the Company liquidated, the proceeds of the realisation being distributed amongst the shareholders on a pro rata basis.
Repository
Archival history
GB 0074 ACC/2657 1901-1928 Collection 0.7 linear metres Bow Common Estate Company
William Cotton, a former Governor of the Bank of England, owned a large amount of property in East London, mainly in Limehouse and Mile End. On his death his will (dated 6 Jul 1865) passed the estate to his executors and trustees (of whom his son was one) on condition it was to be further developed and held on trust for members of his family. In June 1901 the estate was turned into a private company, known as the Bow Common Estate Company, limited by shares. The company remained a family concern however, and all of the shareholders were descendants of William Cotton. From 1921 the estate was sold, and the proceeds invested in trustee securities. These were realised in January 1926 and the Company liquidated, the proceeds of the realisation being distributed amongst the shareholders on a pro rata basis.
Deposited in 1987 (ACC/2657)
Records of the Bow Common Estate Company, 1901-1928, including memorandum and articles of association; sales catalogues; sales books; sales completion statements; bundle of papers and correspondence regarding Company's appeal against assessment for Corporation Profits Tax; statement of facts, history of Company and argument for its status as a holding rather than a trading company and therefore not liable for tax; legal advice relating to the tax status of the company and file of papers of Clerk W.W.T. Worth, including draft title deeds to properties, mortgages and rents, and details of sales.
In 3 sections: Sale of The Cotton Estate; Liquidation of the Bow Common Estate Company Ltd; Clerk's Working Papers.
Available for general access.
Copyright rests with the depositor.
English
Fit
Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm
This collection is additional to E/COT (ACC/54/55) which documents the acquisition and running of the Cotton estate from [1714]- 1936. E/COT is mainly composed of title deeds to estate property, and its material complements that of ACC/2657, most notably E/COT/226-256 which concern the formation of the Bow Common Estate Company, and E/COT/777 onwards, which illustrate the selling off of the estate.
Compiled in compliance with General International Standard Archival Description, ISAD(G), second edition, 2000; National Council on Archives Rules for the Construction of Personal, Place and Corporate Names, 1997. July to October 2009 Information sources Documents Business records Trade (practice) Sales Finance Fiscal policy Taxation Corporation tax Enterprises Companies Holding companies Articles of association Property ownership Civil law Legal systems Law Company archives Property Bow Common Estate Company Property law
Immediate source of acquisition or transfer
Deposited in 1987 (ACC/2657)
Content and structure area
Scope and content
Records of the Bow Common Estate Company, 1901-1928, including memorandum and articles of association; sales catalogues; sales books; sales completion statements; bundle of papers and correspondence regarding Company's appeal against assessment for Corporation Profits Tax; statement of facts, history of Company and argument for its status as a holding rather than a trading company and therefore not liable for tax; legal advice relating to the tax status of the company and file of papers of Clerk W.W.T. Worth, including draft title deeds to properties, mortgages and rents, and details of sales.
Appraisal, destruction and scheduling
Accruals
System of arrangement
In 3 sections: Sale of The Cotton Estate; Liquidation of the Bow Common Estate Company Ltd; Clerk's Working Papers.
Conditions of access and use area
Conditions governing access
Available for general access.
Conditions governing reproduction
Copyright rests with the depositor.
Language of material
- English
Script of material
- Latin
Language and script notes
English
Physical characteristics and technical requirements
This collection is additional to E/COT (ACC/54/55) which documents the acquisition and running of the Cotton estate from [1714]- 1936. E/COT is mainly composed of title deeds to estate property, and its material complements that of ACC/2657, most notably E/COT/226-256 which concern the formation of the Bow Common Estate Company, and E/COT/777 onwards, which illustrate the selling off of the estate.
Finding aids
Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm
Allied materials area
Existence and location of originals
Existence and location of copies
Related units of description
Notes area
Alternative identifier(s)
Access points
Subject access points
Place access points
Name access points
Genre access points
Description control area
Description identifier
Institution identifier
Rules and/or conventions used
Compiled in compliance with General International Standard Archival Description, ISAD(G), second edition, 2000; National Council on Archives Rules for the Construction of Personal, Place and Corporate Names, 1997.
Status
Level of detail
Dates of creation revision deletion
Language(s)
- English