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Auction: 11022 - Bonds & Share Certificates of the World
Lot: 263

Bank of South Australia, £25 shares, 18[79], no.2153, attractive scrollwork left incorporating coat of arms, black, old repaired tear at top centre otherwise fine. Founded in 1837 as the banking arm of the South Australian Company. Separated in 1842 and given a Royal Charter in 1847 as the South Australian Banking Company. Name changed when charter renewed in 1867. Charter cancelled in 1884 and the company registered then under the Company´s Act. Caught up in land speculation in the latter part of the 1880s´ and absorbed by the Union Bank in 1892. Estimate £ 80-100

Sold for
£140