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Tarbrax Oil Co. Ltd.

Constitution Limited company
Company number Registered in Scotland No.5644
Share capital £150,000
Date of Incorporation 15th June 1904
Date of Dissolution 31st January 1913
Registered Office 135 Buchanan Street, Glasgow;
Oil Works Tarbrax Oil Works

A public company formed to purchase the Tarbrax oil works and associated mineral interests from William Fraser, Chairman of the Pumpherston Oil Co. Ltd. who appears to have acquired these on his own account following failure of the Caledonian Mineral Oil Co. Ltd. in February 1903. The board of the Pumpherston company became the first directors of the Tarbrax company, and most shares were purchased by existing Pumpherston shareholders. The two companies worked closely together, with all of the crude oil produced at Tarbrax being purchased for refining at Pumpherston. The Tarbrax company was amalgamated with the Pumpherston company in 1912.

 

Directors

The first directors of the company are listed below:

 

Resources

 

References

PUMPHERSTON OIL CO. WILL PAY SHAREHOLDERS A BONUS OF 100 PER CENT AND ACQUIRE TARBRAX COMPANY.

The Pumpherston Oil Company last night made an important pronouncement. The Directors issue a scheme which proposes not only to practically double the capital but acquire the Tarbrax Oil Company, whose capital £150.000. For this purpose the Pumpherston Company propose to distribute its reserve to shareholders in order to enable them to take up the new issue and also to wipe out the 3s uncalled capital.

The Dundee Courier, 7th December 1912

 

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