Collection GB 0074 CLC/B/070 - DRURY THURGOOD AND COMPANY and READS AND COMPANY

Identity area

Reference code

GB 0074 CLC/B/070

Title

DRURY THURGOOD AND COMPANY and READS AND COMPANY

Date(s)

  • 1926-1985 (Creation)

Level of description

Collection

Extent and medium

21 production units (Drury Thurgood) and 29 production units (Reads and Company).

Context area

Name of creator

Biographical history

In 1878 Harry Voce Thurgood started working as a clerk with James Waddell and Company in Queen Victoria Street, London. He left in 1883 and a year later joined the firm of Drury and Elliott, 11 Queen Street. In 1897 he started to practise in his own name, but by 1899, after the death of Elliott, he had joined Frank Drury as a partner. He carried on the practice as Drury, Thurgood and Company after Drury's retirement in 1901. The name of the firm has remained unchanged since then, except from 1909 until 1918 when it was known as Drury, Thurgood, Hatfield and Company. For many years the firm acted for several tea and rubber companies as the natural successor to James Waddell and Company and Drury and Elliott.

The firm took offices in Dashwood House at 69 Old Broad Street during the Second World War after its offices in Queen Victoria Street were bombed. The firm moved to Leith House at 47 Gresham Street upon merging with Reads, Cocke and Watson, later Reads &Company, in 1964. It practised from 71 Mark Lane, London from 1987 until 1994. The combined firm continued to practise under the names of both Reads and Company and Drury, Thurgood and Company until 1994 when Reads & Company merged with Grant Thornton.

Reads and Co was founded in 1869 by George Norton Read who set up practice at 3 Milk Street as G.N. Read and Company. By 1971 he had taken a partner, William Dangerfield, and the name was changed to Read and Dangerfield. The firm was subsequently restyled: Read, Dangerfield and Smith (1872); G.N. Read, Smith and Company (1876); G.N. Read Son and Company (1878); G.N. Read, Son, Cocke and Watson (1921); and Reads, Cocke and Watson (1927). Offices were opened in Guernsey in 1900; Bristol in 1904; Newfoundland, Canada in 1905; and Jersey in 1928. In 1964 the firm merged with Drury, Thurgood and Company. The name Reads and Company was adopted in 1969. There was a further merger in 1971 with the firm of Thomas Theobald and Son. The combined firm continued to practise under the names of both Reads & Company and Drury, Thurgood and Company. In 1987 the Guernsey and Jersey offices became independent of the London firm. Reads and Company merged with Grant Thornton in 1994.

The firm moved to 51 Queen Street in 1872, and then successively to 49 Queen Victoria Street in 1882, 44 Gresham Street in 1898 and 47 Gresham Street in 1927. In 1940 the offices were damaged by a bomb and the firm moved temporarily to Friars House, New Broad Street with such records as could be salvaged. The firm moved to 71 Mark Lane in 1987 and remained there until 1994.

Archival history

GB 0074 CLC/B/070 1926-1985 Collection 21 production units (Drury Thurgood) and 29 production units (Reads and Company). Drury Thurgood and Co , chartered accountants
Reads and Co , chartered accountants

In 1878 Harry Voce Thurgood started working as a clerk with James Waddell and Company in Queen Victoria Street, London. He left in 1883 and a year later joined the firm of Drury and Elliott, 11 Queen Street. In 1897 he started to practise in his own name, but by 1899, after the death of Elliott, he had joined Frank Drury as a partner. He carried on the practice as Drury, Thurgood and Company after Drury's retirement in 1901. The name of the firm has remained unchanged since then, except from 1909 until 1918 when it was known as Drury, Thurgood, Hatfield and Company. For many years the firm acted for several tea and rubber companies as the natural successor to James Waddell and Company and Drury and Elliott.

The firm took offices in Dashwood House at 69 Old Broad Street during the Second World War after its offices in Queen Victoria Street were bombed. The firm moved to Leith House at 47 Gresham Street upon merging with Reads, Cocke and Watson, later Reads &Company, in 1964. It practised from 71 Mark Lane, London from 1987 until 1994. The combined firm continued to practise under the names of both Reads and Company and Drury, Thurgood and Company until 1994 when Reads & Company merged with Grant Thornton.

Reads and Co was founded in 1869 by George Norton Read who set up practice at 3 Milk Street as G.N. Read and Company. By 1971 he had taken a partner, William Dangerfield, and the name was changed to Read and Dangerfield. The firm was subsequently restyled: Read, Dangerfield and Smith (1872); G.N. Read, Smith and Company (1876); G.N. Read Son and Company (1878); G.N. Read, Son, Cocke and Watson (1921); and Reads, Cocke and Watson (1927). Offices were opened in Guernsey in 1900; Bristol in 1904; Newfoundland, Canada in 1905; and Jersey in 1928. In 1964 the firm merged with Drury, Thurgood and Company. The name Reads and Company was adopted in 1969. There was a further merger in 1971 with the firm of Thomas Theobald and Son. The combined firm continued to practise under the names of both Reads & Company and Drury, Thurgood and Company. In 1987 the Guernsey and Jersey offices became independent of the London firm. Reads and Company merged with Grant Thornton in 1994.

The firm moved to 51 Queen Street in 1872, and then successively to 49 Queen Victoria Street in 1882, 44 Gresham Street in 1898 and 47 Gresham Street in 1927. In 1940 the offices were damaged by a bomb and the firm moved temporarily to Friars House, New Broad Street with such records as could be salvaged. The firm moved to 71 Mark Lane in 1987 and remained there until 1994.

Drury Thurgood records were donated to the Manuscripts Section of Guildhall Library, together with those of Reads and Company, on 10 November 1994.

Records of Drury Thurgood and Company, chartered accountants. The records entirely comprise financial records, including private ledgers, 1926-71 (Ms 29896) and clients ledgers, 1936-85 (Ms 29898).

Records of chartered accountants Reads and Company, entirely comprising financial records, including private and expense ledgers, 1924-69 (Ms 29901), clients ledgers, 1929-85 (Ms 29902) and salaries books, 1918-45 (Mss 29913-14). The earliest record is a dividend book, relating to the debts of businesses in liquidation and bankrupts, which dates from 1905 until 1954 (Ms 29910). Most of these records are indexed.

CLC/B/070-01: Drury Thurgood and Co; CLC/B/070-02: Reads and Co.

Access by appointment only. Please contact staff.

Copyright to this collection rests with the City of London.

English

Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm

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.

November 2010 to January 2011. Drury Thurgood and Co , chartered accountants Business records People People by occupation Business people Accountants Information sources Documents Financial records Reads and Co , chartered accountants City of London London England UK Western Europe Europe

Immediate source of acquisition or transfer

Drury Thurgood records were donated to the Manuscripts Section of Guildhall Library, together with those of Reads and Company, on 10 November 1994.

Content and structure area

Scope and content

Records of Drury Thurgood and Company, chartered accountants. The records entirely comprise financial records, including private ledgers, 1926-71 (Ms 29896) and clients ledgers, 1936-85 (Ms 29898).

Records of chartered accountants Reads and Company, entirely comprising financial records, including private and expense ledgers, 1924-69 (Ms 29901), clients ledgers, 1929-85 (Ms 29902) and salaries books, 1918-45 (Mss 29913-14). The earliest record is a dividend book, relating to the debts of businesses in liquidation and bankrupts, which dates from 1905 until 1954 (Ms 29910). Most of these records are indexed.

Appraisal, destruction and scheduling

Accruals

System of arrangement

CLC/B/070-01: Drury Thurgood and Co; CLC/B/070-02: Reads and Co.

Conditions of access and use area

Conditions governing access

Access by appointment only. Please contact staff.

Conditions governing reproduction

Copyright to this collection rests with the City of London.

Language of material

  • English

Script of material

  • Latin

Language and script notes

English

Physical characteristics and technical requirements

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

Related descriptions

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

London Metropolitan Archives

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

Script(s)

    Sources

    Accession area