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In 1807 Frederick Albert Winsor, a Moravian, issued a prospectus for the grandiose New Patriotic Imperial and National Light and Heat Company. In the same year a group of influential backers, led by James Ludovic Grant, met at the Crown and Anchor in the Strand to try to launch some sort of public venture. At that time any company raising capital by selling shares was deemed a partnership: if it failed, all its members were held personally liable for losses. It was therefore decided to seek a charter by act of Parliament. An initial application in 1809 seeking to raise £1 million failed, largely through opposition by rivals such as Murdock and the younger James Watt. However, a more modest application for £200,000 was successful in 1810, though stringent conditions were attached. By 1810 these had been fulfilled and on 9 June the Gas Light and Coke Company - commonly known as the chartered company - was formally established, with Grant as its first governor. A Charter was granted by the Prince Regent in 1812.
The Company constructed the first operational public gas-works in Peter Street, Horseferry Road, Westminster, and began producing gas in September 1813. The Company absorbed 27 smaller companies and several undertakings during its period of operation, including the Aldgate Gas Light and Coke Company (1819), the Brentford Gas Company (1926), the City of London Gas Light and Coke Company (1870), the Equitable Gas Light Company (1871), the Great Central Gas Consumer's Company (1870), Imperial Gas Light and Coke Company (1876), the Independent Gas Light and Coke Company (1876), the London Gas Light Company (1883), Pinner Gas Company (1930), Richmond Gas Company (1925), Southend-on-Sea and District Gas Company (1932), Victoria Docks Gas Company (1871) and Western Gas Light Company (1873). In May 1949, after the passing of the Gas Bill 1948, the Company handed over its assets to the North Thames Gas Board.