Collection GB 0074 CLC/B/093 - GALLOWAY AND PEARSON

Identity area

Reference code

GB 0074 CLC/B/093

Title

GALLOWAY AND PEARSON

Date(s)

  • 1922-1984 (Creation)

Level of description

Collection

Extent and medium

13 production units.

Context area

Name of creator

Biographical history

This firm of stockbrokers was founded in c 1870 by William John Galloway and Cyrus Tom Pearson as Galloway & Pearson, with offices at 75 Old Broad Street. The founding families continued to be represented amongst the partners until the late 1950s.

A service company, Gallus Services Limited, was established in 1979 to acquire all the fixed assets of the partnership and to provide the services required to maintain the stockbroking business. In 1984, Galloway and Pearson (and Gallus Services Limited) merged with WICO (W. I. Carr, Sons and Company (Overseas) Limited) to form WICO Galloway and Pearson Limited. WICO was a wholly-owned subsidiary of Exco International plc, who subsequently acquired a 29.9% stake in the new firm with an option to purchase the remaining 70.1%

Galloway and Pearson had premises: 75 Old Broad Street (1870-81); 3 Drapers' Gardens (1882-1910); 3 Drapers' Gardens and Warnford Court (1911 only) then 27G Throgmorton Street (1911-35); 1 London Wall Buildings and 27G Throgmorton Street (to 1940) then Warnford Court (1936-41); Warnford Court (1942-83); Warnford Court and 29 Throgmorton Street (1984).

WICO Galloway & Pearson Limited had premises: Warnford Court and 29 Throgmorton Street (1985), and Sherborne House, 119 Cannon Street (1986).

Archival history

It is understood that the partnership kept no minutes prior to 1966, and that all clients' and jobbers' ledgers were destroyed when the firm's record-keeping was computerised in the 1970s. A surviving bank book dated 1874 of W Galloway in account with Robarts, Lubbock and Company, was passed to Coutts.

GB 0074 CLC/B/093 1922-1984 Collection 13 production units. Galloway & Pearson , stockbrokers

This firm of stockbrokers was founded in c 1870 by William John Galloway and Cyrus Tom Pearson as Galloway & Pearson, with offices at 75 Old Broad Street. The founding families continued to be represented amongst the partners until the late 1950s.

A service company, Gallus Services Limited, was established in 1979 to acquire all the fixed assets of the partnership and to provide the services required to maintain the stockbroking business. In 1984, Galloway and Pearson (and Gallus Services Limited) merged with WICO (W. I. Carr, Sons and Company (Overseas) Limited) to form WICO Galloway and Pearson Limited. WICO was a wholly-owned subsidiary of Exco International plc, who subsequently acquired a 29.9% stake in the new firm with an option to purchase the remaining 70.1%

Galloway and Pearson had premises: 75 Old Broad Street (1870-81); 3 Drapers' Gardens (1882-1910); 3 Drapers' Gardens and Warnford Court (1911 only) then 27G Throgmorton Street (1911-35); 1 London Wall Buildings and 27G Throgmorton Street (to 1940) then Warnford Court (1936-41); Warnford Court (1942-83); Warnford Court and 29 Throgmorton Street (1984).

WICO Galloway & Pearson Limited had premises: Warnford Court and 29 Throgmorton Street (1985), and Sherborne House, 119 Cannon Street (1986).

It is understood that the partnership kept no minutes prior to 1966, and that all clients' and jobbers' ledgers were destroyed when the firm's record-keeping was computerised in the 1970s. A surviving bank book dated 1874 of W Galloway in account with Robarts, Lubbock and Company, was passed to Coutts.

The records were presented to the Manuscripts Section of Guildhall Library in 2007 by a former partner in the firm, and catalogued in 2008 by an archivist. The Guildhall Library Manuscripts Section merged with the London Metropolitan Archives in 2009.

The records of Galloway and Pearson, stockbrokers, comprise: deed of partnership and takeover agreements 1983-4 (Ms 38959-61); minutes 1966-84 (Ms 38962, 38967); correspondence regarding takeover 1984 (Ms 38963); accounts 1922-84 (Ms 38964-5) and option dealing books 1960-2 (Ms 38966).

PLEASE NOTE THAT PARTNERS' MINUTES (MS 38962) ARE SUBJECT TO A 40-YEAR CLOSURE PERIOD.

Records arranged by MS number, assigned during cataloguing at the Guildhall Library Manuscripts Section.

Restricted access: please see staff.

Copyright to this collection rests with 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.

November 2010 to January 2011. Galloway & Pearson , stockbrokers Business records Information sources Documents Financial records People People by occupation Stockbrokers City of London London England UK Western Europe Europe

Immediate source of acquisition or transfer

The records were presented to the Manuscripts Section of Guildhall Library in 2007 by a former partner in the firm, and catalogued in 2008 by an archivist. The Guildhall Library Manuscripts Section merged with the London Metropolitan Archives in 2009.

Content and structure area

Scope and content

The records of Galloway and Pearson, stockbrokers, comprise: deed of partnership and takeover agreements 1983-4 (Ms 38959-61); minutes 1966-84 (Ms 38962, 38967); correspondence regarding takeover 1984 (Ms 38963); accounts 1922-84 (Ms 38964-5) and option dealing books 1960-2 (Ms 38966).

PLEASE NOTE THAT PARTNERS' MINUTES (MS 38962) ARE SUBJECT TO A 40-YEAR CLOSURE PERIOD.

Appraisal, destruction and scheduling

Accruals

System of arrangement

Records arranged by MS number, assigned during cataloguing at the Guildhall Library Manuscripts Section.

Conditions of access and use area

Conditions governing access

Restricted access: please see staff.

Conditions governing reproduction

Copyright to this collection rests with the depositor.

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