Scrip - City of Melbourne Building Society, Issued Victoria, Australia, 1886

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Summary:: The City of Melbourne Building Society Scrip issued to Thomas Job Esq.
57 Elizabeth Street, Melbourne, Victoria, Australia
11 October 1886
1 Share
Capital: [Not listed] at 25 Pounds each
Certificate No. 2494
Description:: Printed on white stock, black printed lettering and black, handwritten text. Elaborate cartouche at left side of page bears company details.
Statement Of Significance:: The scrip is significant as an example of the extensive land speculation that occurred in Melbourne in the 1880s.

The society was one of several financial institutions controlled by Matthew Davies, parliamentary member for St Kilda and then Toorak. Davies' financial empire collapsed in the early 1890s, leaving him bankrupt and investors with losses of over 4 million pounds. The society's imposing building, erected in 1888, still stands at the corner of Elizabeth and Little Collins Streets.

Discipline:	Numismatics
Dimensions:	16.7 cm (Height), 24.0 cm (Length)

Tagged with:	banking industry, finance industries, real estate, share certificates
Themes this item is part of:	Land Boom in 1880s Melbourne, Domestic & Community Life Collection, Numismatics & Philately Collection, Public Life & Institutions Collection
Primary Classification:	COMMERCE & RETAILING
Secondary Classification:	Banking & Finance
Tertiary Classification:	share scrip
Issued By:	The City of Melbourne Building Society, Melbourne, Victoria, Australia, 11 Oct 1886
Issued To:	Thomas Job, Melbourne, Victoria, Australia, 11 Oct 1886