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1891
Liberator Permanent Building And Investment Society |
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Stock Code LBS01 |
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One share of in this
building society, dated 25th March 1891. Black and white
certificate, number 1271, with
white embossed seal. Original signatures of two directors and
the company secretary. Issued to Miss Esther White of 16 Vine
Street, Evesham.
Certificate size is 23
cm wide x 19 cm high (9.5" x 8"). It will be mounted in a
mahogany frame, with gold inlay, size 40 cm wide x 30 cm high.
The certificate is shown unframed
as all items are mounted to order.
A perfect personalised
gift for someone who:
- works or worked in the
banking industry or
- has the surname White
About This Company
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Note that although this item
has now been sold, we may be able to acquire another one for
you. Email us
if you are interested in this stock |
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To order this certificate use the shopping cart below, for payment with Paypal or credit card, or use our
mail order service for payment by cheque / cash. |
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TO BUY THIS
CERTIFICATE FRAMED:
2. UK Shipping is
included in the price. If you are ordering from outside the UK click
on the relevant button below to include shipping to your country - a shipping charge should be added for each framed certificate. Note that if your order is over £100 no shipping charge is required, regardless of destination address.
3. At any time you can
either view the contents of your shopping cart or check out by
clicking below:
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TO BUY THIS CERTIFICATE
UNFRAMED :
2. UK Shipping is included
in the price. If you are ordering from outside the UK click on the
relevant button below to include shipping to your country. Only one
shipping charge is required for unframed certificates,
regardless of the amount purchased. Note that if your order is over £100 no shipping charge is required, regardless of destination address.
3. At any time you can
either view the contents of your shopping cart or check out by
clicking below:
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About This
CompanyThe Liberator was,
by 1892, the largest building society in the U.K. when it collapsed
spectacularly, leading to the 1894 Building Societies Act which guarded
against a recurrence. The organisation had in fact long ceased to do any
genuine building society business, drawing funds to the amount of more than
a million pounds sterling from people in all classes of the population and
all parts of the country by specious representation. Those funds had not
been applied to the legitimate purpose of a building society, but to the
support of other undertakings in which the same persons were concerned who
were the active managers of the society. The consequence was that the whole
group of concerns became insolvent in October 1892 and the Liberator
depositors and shareholders were defrauded of every penny of their
investments. Many of them suffered great distress from the loss of their
savings, and some were absolutely ruined. The result was to weaken
confidence in building societies generally, and this was very marked in the
rapid decline of the amount of the capital of the incorporated building
societies. See also
The Lands Allotment Company, which
was also run by Spencer Balfour |
