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Auction: 14017 - Bonds and Share Certificates of the World
Lot: 819

St.Petersburg Cotton Mill Co., certificate for one share of 1000 roubles, 1851, no.150, ornate border, black, handstamps on front and back showing dividends paid from 1852 through to 1915/16, endorsement on reverse noting the ownership of the share by the Anglo Russian Cotton factories Ltd., tiny nick at left, extremely fine and rare.

Owned and controlled by the English Anglo-Russian Cotton Factories Ltd. And the Hubbard family. William Hubbard settled in St.Petersburg in 1769 and some years later was a member of the giant Russia Company. He and his sons carried on a general trading business but in the 1840's built a large cotton spinning and weaving factory in the Alexandroff district. A company was formed in 1851 (lot 819) which was very successful operating over 1200 looms during the Crimean War. In 1866 the Hubbards bought the derelict Schlusselburg Calico Printing Works and re-equipped it with modern machinery (lot 820) and then acquired the Spassky Mill (lot 821) which had over 800 employees in the 1870's. John Hubbard, head of the firm, was created Baron Addington in 1887 and was also a Governor of the Bank of England.

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