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Caledonian Mineral Oil Co. Ltd. (1889)

Constitution Limited Company
Company Number. Registered in England, No. 29069
Share Capital £120,000
Date of Incorporation 1889
Date of Dissolution 1898
Registered Office 144 Leadenhall Street, London
Oil Works Tarbrax Oil Works, Lanarkmoor Oil Works

A company promoted in Engand to acquire the rights and property at Tarbrax Oil Works and Lanarkmoor Oil Works, previously held by the Lanark Oil Company, which was wound up in 1886. The Caledonian Mineral Oil Co. Ltd invested heavily in new plant and mines, but encountered economic problems and was wound-up in 1898. A new company, also titled the Caledonian Mineral Oil Co. Ltd was then formed, registered in Scotland.

Provost Donald Tulloch Sutherland was also a board member of the Bathgate Oil Co. Ltd and the West Lothian Oil Co. Ltd.

Directors

Property

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References

The directors and shareholders of the Caledonian Mineral Oil Company spent the greater part of Friday and Saturday in visiting their works at Tarbrax and Lanark. Though the Company was incorporated last summer, the directors and shareholders, most of whom reside in England – the head office of the Company being in London – have not until now inspected their property; and, accordingly, the more important part of the proceedings on these two days took the form of a pretty exhaustive examination of the plant and machinery employed in the conversion of the shale into marketable commodities. Registered in June last, with a nominal capital of £120,000, of which £75,000 has been called up, and with Mr Alexander J. Macdonald, Milland, Sussex, as chairman of the directors, the Company had for its object the acquisition of the works of the Lanark Oil Company, which went into liquidation four years ago, and the shale fields of the estates of Tarbrax, Greenfield, and Cobbinshaw, the latter of which had not been held by the Lanark Company. See full article.

The Scotsman, Monday 7th April 1890

 

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