PAUL & GRAY LIMITED

PAUL & GRAY LIMITED
 
SECURITY TYPE: Ordinary Shares
YEAR: 1920
INITIAL PRICE: £1
NUMBER OF SHARES: 20
COLOUR: Light Green
AGE: 105
SIGNATURE: 
CERTIFICATE OWNER: William K. YUILL and Elsie May YUILL
PRINTER: Sydney Registry
CONDITION: Fine
 
HISTORY
Paul & Gray, Limited was an Australian marine supply and shipping-services business rather than a mining or industrial company. Contemporary advertisements and notices describe it as “ship chandlers and provision merchants” and later as “ship chandlers, sailmakers and importers,” showing that it supplied ships with equipment, stores and related maritime goods. Its presence in Sydney, Melbourne, Brisbane and Newcastle on your certificate fits that role as a significant coastal maritime supplier, and later records show the company name was changed to Palgrave Corporation Limited in 1946. In short, Paul & Gray is best described as an early Australian shipping support / marine supply company.