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A number of the directors and shareholders of this
company had strong business and family ties with each other. Addison
Potter, the company Chairman, was the brother-in-law of Lord
Armstrong. Two years before the company was founded, Armstrong had a
Turkish bath installed at
Cragside, his home at Rothbury. John H Armstrong was at one
stage the company Secretary.
Henry Watson, the contractor for the new high-level bridge in
Newcastle had worked in the 1830s and '40s with Lord Armstrong on a
hydro-electric machine which generated electricity from effluent
steam, and he, together with the brassfounders John Stanley
and Henry Burnett Watson, the merchant S Ogden Watson, and the
solicitors Robert Spence and Joseph Watson, were all related to
Armstrong. Another of his business associates was Alexander Shannon
Stevenson, the alkali manufacturer.
PRO:
BT31 1752/6521
(All
information is taken from this file unless specifically footnoted)
1872
Memorandum of Association: 2 August
Objects
include: the erection of
Turkish Baths and carrying on trade as proprietors of such baths.
Capital: £8000 divided into 800 shares of £10
Chairman: Potter, Addison (10 shares) Mayor of Newcastle
Directors include:
Gibb, Charles John, MD (20 shares)
Joicey, John, Lieut.-Colonel (10 shares) Coal owner
Norris, Theodor (5 shares) Merchant
Scott, William (5 shares) Merchant
Stewart, William (5 shares) Tea dealer
Stevenson, Alexander Shannon (10 shares) Alkali manufacturer
Registered Office: 3 St Nicholas Buildings (14 December)
Secretary: Fred Robertson Goddard
1873 Shareholders include:
Watson, Joseph & Robert Spence (20 shares) Solicitors
Watson, S Ogden (5 Shares) Merchant
1875 Extraordinary Meeting: it was agreed to
increase the company's nominal capital to £12,000 by the issue of
400 shares of £10.
1878 Shareholders include:
Tyne Brewery Co Ltd
Watson, Henry (10 shares) Brassfounder
Watson, Robert Spence (3 shares) Solicitor
1879 Share allotment: on 5 August, in part
payment of the company's debt for services rendered, shares were
allotted to:
Benn, George (3 shares)
Goddard, Frederick Robertson (17 shares)
Muller, Robert Fergusson (5 shares)
Watson, Robert Spence (24 shares) (Solicitor)
Registered Office: Monkhouse, Goddard & Co, St Nicholas
Chambers
1883 Shareholding: The largest was that of a
farmer, Joseph Gray, whose 75 shares had passed to his two sons,
Robert and George, ten years later.
1886 Directors include:
Black, J E L
Challoner, J S
Gibb, Charles John, MD
Goddard, Frederick Robertson
Potter, Addison (Coal owner) Chairman
Stevenson, Alexander Shannon (Alkali manufacturer)
Watson, Henry (Brassfounder)
Youll, John Gibson
Registered Office: 3 St Nicholas Buildings
Secretary: John H Armstrong (s-1304)
1888 Shareholders include:
Watson, John Stanley (5 shares) Brassfounder
1890 Secretary: A W Price
1891 Chairman: Potter, Addison (Coal owner)
18th Annual General Meeting: Report of a loss for the year of
£43. But `the Directors are pleased to report a considerable
increase in the number of bathers' and the renewal of the radiating
furnace on the latest and most improved principle, which it was
hoped would considerably reduce the consumption of fuel.
1892 Secretary: A W Price (15 October)
Registered Office: 27 Grey Street (15 October)
1893 Shareholders include:
Watson, Henry Burnett (5 shares) Brassfounder
1893 Extraordinary Meeting: it was stated
that the company could no longer survive, and it was resolved that
it should be voluntarily wound up. (24 November)
Liquidator: A W Price
1894 Unsuccessful auction: the company was
offered by the liquidator for sale as a going concern at auction on
31 January. No offer was made. A new company, The
Newcastle-upon-Tyne Turkish Bath Company (1894) Limited, was formed
which, by agreement with Price (as liquidator), purchased the baths
at Pilgrim Street and continued to operate them.
Winding-up:3 December.
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Alastair Durie,
for information about the 18th AGM of the company |
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This page last updated
17 July 2008
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