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COGH - One of original share certificates in a theater
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COGH - One of original share certificates in a theater
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Cape of Good Hope. One of the Original Share Certificates in a the first Theater in Boere Plein at the Cape. The original share was vested inthe Office of the Colonial Secretary at the Cape. After each change a certified copy was made with the new endorsements. The cost of a certified copy was 4 1/2 pence. This is the history of the certified certified copy of share certificate number 11.
COGH Cape of Good Hope. During the FirstOccupation of the Cape of Good Hope and part of the Second Occupation from 1795 to 1807 failed to the formally take up their position at the Cape ( Castle) . Administration during this period was left to the Secretary General Sir Andrew Francis Barnard, husband of the equally famous Lady Anne Barnard.At the urging of Lady Anne Barnard the first syndicate of 8 wealthy ( there was no Company Law to rely on at the Cape) individuals committed themselves a "Theatre and Buildings ( of the Theatre) ". The first Theatre at the Cape at the Boere Plein.Accompanying this lot is appicture of the Theater.. Each was given an Original Share Certificate which was lodged with Colonial Secretary Barnard and a certified manuscript copy. The cost of building the Theatre and its Building for about 120 people was estimated at 8000 rix dollars including running costs for the 1st year.A Sizable amount of money. Each paid for the share in full and within 9 months theatre was operational. Building actually started before each donor was formally given a share.. 24 shares in total were issued initially.3 each to 8 individuals. The cost to register the 1st Share at the Cape ( South Africa) was 41/2 d whch are embossed on the original share certificate 1825 series T he value in this document is that it was one of the original 1st shares issued at the Cape by a very enterprising Sir Andrew Barnard to meet his wife’s demand for more culture at the Cape namely a theater. and contains his rare signature. It represents the beginning of Company Law at the Cape. During the period that Lady Anne Barnard was at the Cape the Theatre was particularly popular. In addition to Plays , Orchestras it was also used for lectures. It became the First Cultural Center at the Cape. A Unique piece of history. This lot consists of Original Share Certificate No 11 issued to Johannes Lorm for the specific establishment of a Theatre and Buildings to be situated in Boere Plein ( Part of the Theatre remains up to today) The Share Certificate is a manuscript document drafted by the industrious Sir Andrew Barnard , and signed at the Castle of Good Hope on 1st December 1800 by Sir Andrew Barnard. In terms of the share certificate it could be split if needed into 3 equal parts for commercial purposes. Hence each of the 1 st 8 shareholders received 3 separate shares . The Register of the Shares would rest with the Secretary's Office and could be used for commercial purposes similar to those envisaged by evolving company law in Great Britain. This copy of the Original Share Certificate No 11 contains a number of interesting endorsements On Feb7th 1825 The share was transferred toMr William Liesching in respect of a debt of 1200 Rix dollars owed to him. The entry was duly recorded by Cornelius Zastron who became head of the first Registry of Documents at the Cape in 1840. 12 th February 1829 The above endorsement is confirmed and signed by W. Liesching 21 st October 1834 The share was transferred to Martha Bond Ball in terms of the will of Henry Ball . Even though Henry Ball fail to registere the share in his name on the original share certificate. Ownership was not challenged. The change in ownership was signed by John Duke Jackson. This endorsement was formally notarized and added to the original share certificate and signed by H.E. Ruthersfoord. 1st April 1839 The share certificate was transferred to Wiliam Heyward ( who also owned other shares in the theater) . The endorsement is signed by John Thomas Bucko This cop...
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