Zone d'identification
Cote
Titre
Date(s)
- 1920-1979 (Création/Production)
Niveau de description
Étendue matérielle et support
0.0375 linear metres
Zone du contexte
Nom du producteur
Notice biographique
In 1867 Elias David Sassoon set up the mercantile house, E D Sassoon and Company with offices in Bombay, India and Shanghai, China. The company also operated in the Gulf ports, Baghdad and Japan. The company bought up poorly performing cotton mills in Bombay and turned them into successful profitable operations. After the death of Elias David Sassoon in 1880, his eldest son Jacob took over the business and further branches were opened in Calcutta and Karachi. The firm also purchased property in Shanghai.
In the early twentieth century Jacob Sassoon played a very prominent role in forming the Eastern Bank. E D Sassoon and Company took advantage of the facilities provided by the Eastern Bank, making themselves less vulnerable to fluctuations of the rupee currency. On 1 January 1921, E D Sassoon and Company Limited was incorporated as a private trading and banking company. After the death of Sir Edward Sassoon and his younger brother Meyer, Jacob's nephew Victor Sassoon and his widowed Aunt Mozelle became the main beneficiaries of the combined business assets, then valued at £15 million. Sir Victor Sassoon became the chairman of the company and Meyer and Mozelle's son-in-law, Derek Fitzgerald was appointed manager of the London and Manchester branches.
In 1927, E D Sassoon and Company Limited was the largest mill owner in Bombay where the headquarters were then based. The company moved to new head quarters at Sassoon House in Shanghai, China in 1930. In order to facilitate investment a banking subsidiary was formed, E D Sassoon Banking and Company Limited. This new company took on the majority of the parent companies functions and continued to exist until it was taken over by Wallace Brothers and Company (Holdings) Limited and renamed Wallace Brothers Sassoon Bank Limited in November 1974. E D Sassoon and Company continued to operate as a separate company from 1972 until 1978 when it became DK Investments (Crosby Square) Limited, 4 Crosby Square, City of London.
Dépôt
Histoire archivistique
GB 0074 CLC/B/207/ES01 1920-1979 sub fonds 0.0375 linear metres E D Sassoon and Company Limited
xx D K Investments (Crosby Square) Limited
In 1867 Elias David Sassoon set up the mercantile house, E D Sassoon and Company with offices in Bombay, India and Shanghai, China. The company also operated in the Gulf ports, Baghdad and Japan. The company bought up poorly performing cotton mills in Bombay and turned them into successful profitable operations. After the death of Elias David Sassoon in 1880, his eldest son Jacob took over the business and further branches were opened in Calcutta and Karachi. The firm also purchased property in Shanghai.
In the early twentieth century Jacob Sassoon played a very prominent role in forming the Eastern Bank. E D Sassoon and Company took advantage of the facilities provided by the Eastern Bank, making themselves less vulnerable to fluctuations of the rupee currency. On 1 January 1921, E D Sassoon and Company Limited was incorporated as a private trading and banking company. After the death of Sir Edward Sassoon and his younger brother Meyer, Jacob's nephew Victor Sassoon and his widowed Aunt Mozelle became the main beneficiaries of the combined business assets, then valued at £15 million. Sir Victor Sassoon became the chairman of the company and Meyer and Mozelle's son-in-law, Derek Fitzgerald was appointed manager of the London and Manchester branches.
In 1927, E D Sassoon and Company Limited was the largest mill owner in Bombay where the headquarters were then based. The company moved to new head quarters at Sassoon House in Shanghai, China in 1930. In order to facilitate investment a banking subsidiary was formed, E D Sassoon Banking and Company Limited. This new company took on the majority of the parent companies functions and continued to exist until it was taken over by Wallace Brothers and Company (Holdings) Limited and renamed Wallace Brothers Sassoon Bank Limited in November 1974. E D Sassoon and Company continued to operate as a separate company from 1972 until 1978 when it became DK Investments (Crosby Square) Limited, 4 Crosby Square, City of London.
The bank's archives were deposited in the Manuscripts Section of Guildhall Library in 1989 and after. The Guildhall Library Manuscripts Section merged with the London Metropolitan Archives in 2009.
Records of E D Sassoon and Company Limited including records relating to the foundation of the company such as memoranda and articles of association, certificates of incorporation and special resolutions; a board minute book and power of attorney.
Sub-fonds arranged as follows:
CLC/B/207/ES01/01 FOUNDATION
CLC/B/207/ES01/02 BOARD MINUTES
CLC/B/207/ES01/03 POWER OF ATTORNEY
These records are available for public inspection, although records containing personal information are subject to access restrictions under the UK Data Protection Act, 1998
48 hours notice required for access
PLEASE NOTE: Permission for access to records less than 45 years old should be sought from the depositor.
Copyright is held by the depositor.
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.
Added January 2014 E D Sassoon and Company Limited Trade (practice) Enterprises Companies Merchant companies Industry Manufacturing industry Textile industry Cotton textile industry Trade International trade Finance Financial institutions Banks Private banks Baghdad Iraq Middle East Karachi Pakistan South Asia Calcutta West Bengal India Mumbai Salsette Island Maharashtra Shanghai Shanghai Shi China East Asia Japan
Source immédiate d'acquisition ou de transfert
The bank's archives were deposited in the Manuscripts Section of Guildhall Library in 1989 and after. The Guildhall Library Manuscripts Section merged with the London Metropolitan Archives in 2009.
Zone du contenu et de la structure
Portée et contenu
Records of E D Sassoon and Company Limited including records relating to the foundation of the company such as memoranda and articles of association, certificates of incorporation and special resolutions; a board minute book and power of attorney.
Évaluation, élimination et calendrier de conservation
Accroissements
Mode de classement
Sub-fonds arranged as follows:
CLC/B/207/ES01/01 FOUNDATION
CLC/B/207/ES01/02 BOARD MINUTES
CLC/B/207/ES01/03 POWER OF ATTORNEY
Zone des conditions d'accès et d'utilisation
Conditions d'accès
These records are available for public inspection, although records containing personal information are subject to access restrictions under the UK Data Protection Act, 1998
48 hours notice required for access
PLEASE NOTE: Permission for access to records less than 45 years old should be sought from the depositor.
Conditions de reproduction
Copyright is held by the depositor.
Langue des documents
- anglais
Écriture des documents
- latin
Notes de langue et graphie
English
Caractéristiques matérielle et contraintes techniques
Instruments de recherche
Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm
Zone des sources complémentaires
Existence et lieu de conservation des originaux
Existence et lieu de conservation des copies
Unités de description associées
Zone des notes
Identifiant(s) alternatif(s)
Mots-clés
Mots-clés - Lieux
Mots-clés - Noms
Mots-clés - Genre
Zone du contrôle de la description
Identifiant de la description
Identifiant du service d'archives
Règles et/ou conventions utilisées
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.
Statut
Niveau de détail
Dates de production, de révision, de suppression
Langue(s)
- anglais