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New Zealand Loan and Mercantile Agency Co., Limited - Stock Certificate

Inv# FS2054   Stock
New Zealand Loan and Mercantile Agency Co., Limited - Stock Certificate
Country: New Zealand
Years: 1956

Stock.

The New Zealand Loan and Mercantile Agency Company provided investments and loans for trade and commerce in New Zealand and Australia.

Location of former offices

England

Australia

New Zealand

Timeline

  • 1865 – Incorporated in England.
  • 1874 – Started business in some Australia States
  • 1881 – Net Profit £6154
  • 1889 – The Australian business formed their own board. Offices in Melbourne, Sydney, Brisbane and Rockhampton
  • 1893–95: The Bank of New Zealand, the Colonial Bank of New Zealand and New Zealand Loan and Mercantile Agency Company were involved with a financial crisis causing a national slowdown in private investment.
  • 1894 – Company reconstructed.
  • 1952 – Became NZL Properties (Australia) Pty Ltd
  • 1961 – Merged with Dalgety & New Zealand Loan Ltd

Dalgety went on to be replaced by the contemporary PGG Wrightson 

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Condition: Excellent

A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.

Item ordered may not be exact piece shown. All original and authentic.
OUT OF STOCK