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Auction: 13017 - Bonds and Share Certificates of the World
Lot: 520

Chubb & Sons Lock & Safe Company Ltd., a set of debentures, all number 1, comprising 4½%, 1890, £100, mauve on pink paper; Second Mortgage 4%, 189[6], £100, black on blue paper; 4%, 1899, £100, mauve on pink paper, and, 4½% Second Mortgage, 1901, £100, green on green paper, all with signatures of various members of the Chubb family, all with ornate border and with original wrappers, together with two original leases, one from the Waldorf Hotel in Aldwych, London leasing a shop and basement to the company in 1923 and another dated 1928 leasing another shop and basement in St.James's street, London, the debentures all have two filing holes and handwritten 'cancelled' across face, generally very fine. (10)

Charles Chubb started business in 1818 following the award of a patent of the now famous Chubb Detector Lock to his brother Jeremiah. A shop was opened in 1827 in the City of London but manufacturing was done in a small factory in Wolverhampton. The first safes were made by the company in the 1830's and were manufactured in London whilst the lock manufactury was still in the Midlands.
Incorporated as Chubb and Son Lock & Safe Co. Ltd. In 1882 under the Chairmanship of George Hayter Chubb, later Lord Hayter, and formed many subsidiary companies for trading in Australia, South Africa, India and Canada. The company grew and later moved to a 6 storey specially built factory on the site of the old Wolverhampton Workhouse in 1899 but some manufacturing was still undertaken in London.
This series of debentures were issued to fund some of the factory moves and consolidation of manufacturing, which had become fragmented, to the Wolverhampton area. They were all paid in due time and subsequently cancelled and returned to the company secretary. On offer here are the entire issues of the company .
This company is probably the best known in the world in the Lock and Safe business and during its lifetime has absorbed many other companies such as Milner and Chatwood. Became part of the Racal Group in 1984, splitting again in 1992 as Chubb Security plc. Merged into Williams Holdings in 1997 but again demerged as Chubb plc in 2000.


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