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1954
Russo-Asiatic Consolidated Ltd |
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Stock Code RAC01 |
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Company |
Russo-Asiatic Consolidated Ltd, formed in 1919 to consolidate the
Irtysh, Kyshtim, Russo-Canadian and Tanalyk Corporations.
More |
Description |
Certificate no.
33451 for 600 shares. Ornate black border with imprint
of company seal. |
Issued To |
Lloyds Bank Ltd, of 39 Threadneedle Street, London, EC2 |
Issue Date |
2nd
November 1954 |
Company
Officers |
- |
Director |
Actual
signature |
J F Burley |
Secretary |
Actual
signature |
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Size |
33cm wide x
26 cm
high |
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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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UNFRAMED :
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About This Company
Following this consolidation the Russo-Asiatic Corporation had the
following sole beneficial interests:
Freehold and leasehold mining, agricultural and forest land,
mining claims and concessions in the Urals and Western
Siberia covering an area of 2,500,000 acres. |
Twelve developed metal mines with 7,260,000 tons of proven ore
reserves. |
Coal mines with a capacity of 400,000 tons per annum, however
being developed for an output of 2,000,000 tons per annum. Coal
reserves practically unlimited. |
Two copper smelting plants with a capacity of 14,000 tons of
copper per annum. |
An electrolytic copper refinery with a yearly capacity of 14,000
tons. |
A lead plant with an annual capacity of 12,000 tons of lead. |
A 50% completed zinc plant with a yearly capacity of 24,000
tons. |
Iron mines, blast furnaces, rolling mills, foundries and steel
works with a capacity of 24,000 tons of finished iron and steel
products. |
Cyanide and gold mills with a capacity of 70,000 tons of gold
ore. |
Two bullion refineries for production of gold and silver. |
The Bolsheviks, on their
accession to power confiscated the extensive mining interests,
together with its smelters, refineries and railways, etc. The
company immediately lodged claims with the British Foreign Office
for compensation to the extent of £56 million. In September 1922, a
provisional agreement was reached, however was subject to
ratification by the Council Of People's Commissars in Moscow, and
that approval was never given. |
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