Tarbrax Oil Co. Ltd.

Company number:

Registered in Scotland No.5644

Share capital:

£150,000

Started:

15th June 1904

Finished:

31st January 1913

Registered office:

135 Buchanan Street, Glasgow

Oil works:

Tarbrax Oil Works

See full record: 183519

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:

Thomas Alexander - of Charles Tennent & Company, 175 West George Street, Glasgow
James Bryson - General Works Manager of the Pumpherston Oil Company Ltd, Midcalder
Archibald Fraser - Secretary and General Manager of the Pumpherston Oil Company Ltd, 135 Buchanan Street, Glasgow
William Fraser - of Scotstoun, Pollokshields, Glasgow
Thomas McLintoch - C. A. 149 West George Street, Glasgow
John Paterson - 62 Princes Street, Edinburgh
Robert B. Tennent - Iron and Steel Founder, Whifflet Foundry, Coatbridge

Newspaper 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.

Dundee Courier, 7th December 1912

Associated references

Registration Records transcribed from dissolved company records held by the National Archives of Scotland.

Related file records

183520 - The Tarbrax Oil Company Limited, Leases and Agreements, Works Department. Dated 1904-1912. - The Tarbrax Oil Company Limited, Leases and Agreements, Works Department. Lease and agreement book recording details of leases and agreements. First recorded date is 13th December 1904, and the final date recorded is 18th March, 1912. Contains 284 pages, 55 contain information, the remainder is blank.