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Auction: 1007 - Bond & Shares of The World
Lot: 148

x Bank of South Australia, £25 shares, fully paid, London 18(82), no.3259, attractive coat of arms within scrollwork at left, black, small ink smudge, pinholes, about very fine and rare. Estimate £ 250 Founded in 1837 as the banking arm of the South Australian Company. Separated in 1842 and given a Royal charter in 1847 as the South Australian Banking Company. Name changed when charter renewed in 1867. Charter cancelled in 1884 and the company registered then under the Company´s Act. Caught up in land speculation in the latter part of the 1880´s and absorbed by the Union Bank in 1892.

Sold for
£200