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Auction: 18019 - Bonds and Share Certificates of the World Online Auction
Lot: 244

Russia: Spassky Cotton Spinning and Weaving Co., 1000 rouble share, 1871, #221, issued to Thomas Hubbard and signed by W.E.Hubbard jnr as director, ornate border with scrollwork in each corner, grey and green, 4 pages, the reverse showing dividends paid to 1915/16. 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 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 and then acquired the Spassky Mill 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. EF and scarce.

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Estimate
£200 to £300