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Anglo-Russian Cotton Factories Limited

Registered in London before 1897. Initial capital was £502,000 in shares of £10.

1897 <

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REF. NO. DENOMINATION DESCRIPTION NO. ISSUED CONDITION VALUE
101 £10 shares [1914], blue #228 VF £60-80
1897 4½% First Charge Debenture
Authorised £300,000
106 £100 1897, brown and green, with coupons 3,000 GVF £50
106a £100 as above but cancelled #1694 GVF £20
1897 6% Second Charge Debenture
Authorised £200,000
107 £100 1897, blue and pink, with coupons 2,000
#1315, #1317		 GVF £30-40
107a £100 as above but cancelled GVF £20-25

Description

The company, created in 1897, took control of the various assets of the Hubbard family business in Russia. These included two spinning and weaving mills and a calico printing company, as well as a forestry concession in Finland. The company loans were intended to support the loss-making printing company.

The company was never liquidated following the Russian Revolution but remained as a non-trading company. When the Foreign Compensation Order of 1986 settled claims against Russia, the company received a large sum that was distributed to holders of first and second debentures. The company was finally would up around 2010.

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