Aberdeen Co-operatives: Difference between revisions
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Aberdeen is a city and the principal settlement in the North of Scotland. It is bound by two rivers. The original settlement, known as Old Aberdeen, was close to the river Don. New Aberdeen was established at the mouth of the Dee, which is where the harbour was constructed. In 1891 New Aberdeen was incorporated as a City of Aberdeen and annexed Old Aberdeen. The university, based in Old Aberdeen, was founded in 1495, making it the third oldest in Scotland and the fifth oldest university in the UK. In the 18th and 19th centuries the main industries of Aberdeen were fishing, paper-making, shipbuilding, and textiles. Aberdeen is now a seaport and, with the discovery of oil in the North Sea in the 1960s, a centre for the oil industry. | Aberdeen is a city and the principal settlement in the North of Scotland. It is bound by two rivers. The original settlement, known as Old Aberdeen, was close to the river Don. New Aberdeen was established at the mouth of the Dee, which is where the harbour was constructed. In 1891 New Aberdeen was incorporated as a City of Aberdeen and annexed Old Aberdeen. The university, based in Old Aberdeen, was founded in 1495, making it the third oldest in Scotland and the fifth oldest university in the UK. In the 18th and 19th centuries the main industries of Aberdeen were fishing, paper-making, shipbuilding, and textiles. Aberdeen is now a seaport and, with the discovery of oil in the North Sea in the 1960s, a centre for the oil industry. | ||
The image opposite is from an engraving of Aberdeen harbour in 1842. | |||
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Revision as of 22:56, 13 April 2024
Aberdeen is a city and the principal settlement in the North of Scotland. It is bound by two rivers. The original settlement, known as Old Aberdeen, was close to the river Don. New Aberdeen was established at the mouth of the Dee, which is where the harbour was constructed. In 1891 New Aberdeen was incorporated as a City of Aberdeen and annexed Old Aberdeen. The university, based in Old Aberdeen, was founded in 1495, making it the third oldest in Scotland and the fifth oldest university in the UK. In the 18th and 19th centuries the main industries of Aberdeen were fishing, paper-making, shipbuilding, and textiles. Aberdeen is now a seaport and, with the discovery of oil in the North Sea in the 1960s, a centre for the oil industry.
The image opposite is from an engraving of Aberdeen harbour in 1842.
ABERDEEN EQUITABLE CO-OPERATIVE COMPANY 1861
The Aberdeen Equitable Co-operative Company was formed in February 1861. It joined the Aberdeen Northern Co-operative shortly afterwards. The style of the tokens indicates that they were intended to be issued as dividends, not as payment records.
| THE ABERDEEN CO-OPERATIVE CO. | ||
|---|---|---|
| File:AbdCo.Equi.H.jpg | ||
| Source | (DRR) | |
| Filename | AbdCo.Equi.H | |
| Value | ½d | |
| Add Desc. | Monthly Dividend | |
| Size (mm) | 23 | |
| Manufacture | Plated Iron bracteate | |
| Notes | ||
| File:AbdCo.Equi.2.jpg | ||
| Source | (DRR) | |
| Filename | AbdCo.Equi.2 | |
| Value | 2d | |
| Add Desc. | Monthly Dividend | |
| Size (mm) | 25 | |
| Manufacture | Plated Iron bracteate | |
| Notes | ||
| File:AbdCo.Equi.3.jpg | ||
| Source | (DRR) | |
| Filename | AbdCo.Equi.3 | |
| Value | 3d | |
| Add Desc. | Monthly Dividend | |
| Size (mm) | 27 | |
| Manufacture | Plated Iron bracteate | |
| Notes | ||
| File:AbdCo.Equi.6.jpg | ||
| Source | (TCS 11) | |
| Filename | File:AbdCo.Equi.6 | |
| Value | 6d | |
| Add Desc. | Monthly Dividend | |
| Size (mm) | 28 | |
| Manufacture | Plated Iron bracteate | |
| Notes | ||
ABERDEEN NORTHERN CO-OPERATIVE COMPANY 1861-1993
The Aberdeen Northern Co-operative were formed in early March 1861 and was discussing amalgamation with the Aberdeen Equitable Company from the beginning. The Aberdeen Equitable Company merged into the Aberdeen Northern Co-operative shortly afterwards. The company registered as a co-operative society in 1917. In 1970 the society opened a large department store which it called Norco House and changed it's name to Norco.
In 1977 the society moved to a Superstore at Berryden Road. By 1992 there was a £7.4 million trading deficit that led to the Chief Executive resigning. The Directors sold off the dairy, five pharmacies and the Berryden Superstore, raising £15 million. In a final attempt to try to salvage the company, the Directors asked to merge with the Co-operative Wholesale Society, but were turned down. Norco went into liquidation in June 1993.
In August 1892 it was reported that two related families had submitted between £2000 and £3000 of checks claiming that they were bona fide purchases [1]. The directors considered that two families could not have made so many purchases and a motion was passed to not pay the dividend to the families. Joshua Nelson, a comb maker, who operated a store in Aberdeen was one of the individuals involved and sued the society for the 3s5d per £1 dividend on the tokens he had submitted, with the case being decided in October 1897[2]. He had purchases tokens from individuals who wanted their dividend early - the sherriff decided that as the society did not prevent members assigning their dividend entitlement, the pursuer was entitled to the dividend on these shares. He had purchases goods for resale, relying on the dividend to obtain a profit - the sherriff decided that as the society had no rules preventing resale, so the pursuer was entitled to the dividend on these shares. He had loaned money for others to buy goods from the society, relying on the dividend to make a profit - the sherriff decided that the people money was loaned to were acting as agents for the pursuer, so the pursuer was entitled to the dividend on these shares. The sherriff deducted £9 14s 7d from the claim of a member's dividend for non-members purchases, leaving £68 18s 3d due to the pursuer by the society. The total value of tokens lodged was £1000 to £2000 and it was considered that the judgement applied to all of them. There was also the question of the 6d dividend entitlement for non-member's purchases.
After this advertisements Aberdeen newspapers carried advertisements of people offering to buy tokens. In 1911 it was reported that brokers were advertising to purchase tokens in their shop windows[3]. The trade in tokens was considered as leading to theft of tokens and the directors were considering steps to reduce it. However in 1914 it was reported that the trade was still active, with a list of 118 individuals submitting a large number of tokens and only a small minority not suspected in dealing in tokens[4].
| NORTHERN CO-OPERATIVE COMPANY LIMITED ABERDEEN | ||
|---|---|---|
| ||
| Source | (DRR) | |
| Filename | AbdCo.Nor.H | |
| Value | ½d | |
| Add Desc. | ||
| Size (mm) | Hexagon 25 | |
| Manufacture | Plated Iron bracteate | |
| Notes | AbdCo.Nor.H Varieties | |
| ||
| Source | (DRR) | |
| Filename | AbdCo.Nor.1 | |
| Value | 1 PENNY | |
| Add Desc. | ||
| Size (mm) | 25 | |
| Manufacture | Plated Iron bracteate | |
| Notes | ||
| ||
| Source | (DRR) | |
| Filename | AbdCo.Nor.2 | |
| Value | 2 PENCE | |
| Add Desc. | ||
| Size (mm) | 24 | |
| Manufacture | Plated Iron bracteate | |
| Notes | ||
| ||
| Source | (DRR) | |
| Filename | AbdCo.Nor.3 | |
| Value | 3 PENCE | |
| Add Desc. | ||
| Size (mm) | 24 | |
| Manufacture | Plated Iron bracteate | |
| Notes | ||
| ||
| Source | (DRR) | |
| Filename | AbdCo.Nor.4 | |
| Value | 4 PENCE | |
| Add Desc. | ||
| Size (mm) | 24 | |
| Manufacture | Plated Iron bracteate | |
| Notes | ||
| ||
| Source | (DRR) | |
| Filename | AbdCo.Nor.5 | |
| Value | 5 PENCE | |
| Add Desc. | ||
| Size (mm) | 24 | |
| Manufacture | Plated Iron bracteate | |
| Notes | ||
| ||
| Source | (DRR) | |
| Filename | File:AbdCo.Nor.6 | |
| Value | 6 PENCE | |
| Add Desc. | ||
| Size (mm) | 24 | |
| Manufacture | Plated Iron bracteate | |
| Notes | ||
| File:AbdCo.Nor.7.jpg | ||
| Source | (DRR) | |
| Filename | File:AbdCo.Nor.7 | |
| Value | 7 PENCE | |
| Add Desc. | ||
| Size (mm) | 24 | |
| Manufacture | Plated Iron bracteate | |
| Notes | ||
| File:AbdCo.Nor.8.jpg | ||
| Source | (DRR) | |
| Filename | File:AbdCo.Nor.8 | |
| Value | 8 PENCE | |
| Add Desc. | ||
| Size (mm) | 24 | |
| Manufacture | Plated Iron bracteate | |
| Notes | ||
| ||
| Source | (DRR) | |
| Filename | File:AbdCo.Nor.9 | |
| Value | 9 PENCE | |
| Add Desc. | ||
| Size (mm) | 24 | |
| Manufacture | Plated Iron bracteate | |
| Notes | ||
| File:AbdCo.Nor.10.jpg | ||
| Source | (DRR) | |
| Filename | File:AbdCo.Nor.10 | |
| Value | 10 PENCE | |
| Add Desc. | ||
| Size (mm) | 24 | |
| Manufacture | Plated Iron bracteate | |
| Notes | ||
| File:AbdCo.Nor.11.jpg | ||
| Source | (DRR) | |
| Filename | File:AbdCo.Nor.11 | |
| Value | 11 PENCE | |
| Add Desc. | ||
| Size (mm) | 24 | |
| Manufacture | Plated Iron bracteate | |
| Notes | ||
| ||
| Source | (DRR) | |
| Filename | File:AbdCo.Nor.1S | |
| Value | 1 SHILLING | |
| Add Desc. | ||
| Size (mm) | 30 | |
| Manufacture | Plated Iron bracteate | |
| Notes | ||
| File:AbdCo.Nor.2S.jpg | ||
| Source | (DRR) | |
| Filename | File:AbdCo.Nor.2S | |
| Value | 2 SHILLINGS | |
| Add Desc. | ||
| Size (mm) | 30 | |
| Manufacture | Plated Iron bracteate | |
| Notes | ||
| File:AbdCo.Nor.3S.jpg | ||
| Source | (DRR) | |
| Filename | File:AbdCo.Nor.3S | |
| Value | 3 SHILLINGS | |
| Add Desc. | ||
| Size (mm) | 30 | |
| Manufacture | Plated Iron bracteate | |
| Notes | ||
| File:AbdCo.Nor.4S.jpg | ||
| Source | (DRR) | |
| Filename | File:AbdCo.Nor.4S | |
| Value | 4 SHILLINGS | |
| Add Desc. | ||
| Size (mm) | 30 | |
| Manufacture | Plated Iron bracteate | |
| Notes | ||
| File:AbdCo.Nor.5S.jpg | ||
| Source | (DRR) | |
| Filename | File:AbdCo.Nor.5S | |
| Value | 5 SHILLINGS | |
| Add Desc. | ||
| Size (mm) | 30 | |
| Manufacture | Plated Iron bracteate | |
| Notes | ||
| File:AbdCo.Nor.6S.jpg | ||
| Source | (DRR) | |
| Filename | File:AbdCo.Nor.6S | |
| Value | 6 SHILLINGS | |
| Add Desc. | ||
| Size (mm) | 30 | |
| Manufacture | Plated Iron bracteate | |
| Notes | ||
| File:AbdCo.Nor.7S.jpg | ||
| Source | (DRR) | |
| Filename | File:AbdCo.Nor.7S | |
| Value | 7 SHILLINGS | |
| Add Desc. | ||
| Size (mm) | 30 | |
| Manufacture | Plated Iron bracteate | |
| Notes | ||
| File:AbdCo.Nor.8S.jpg | ||
| Source | (DRR) | |
| Filename | File:AbdCo.Nor.8S | |
| Value | 8 SHILLINGS | |
| Add Desc. | ||
| Size (mm) | 30 | |
| Manufacture | Plated Iron bracteate | |
| Notes | ||
| File:AbdCo.Nor.9S.jpg | ||
| Source | (DRR) | |
| Filename | File:AbdCo.Nor.9S | |
| Value | 9 SHILLINGS | |
| Add Desc. | ||
| Size (mm) | 30 | |
| Manufacture | Plated Iron bracteate | |
| Notes | ||
| File:AbdCo.Nor.10S.jpg | ||
| Source | (DRR) | |
| Filename | File:AbdCo.Nor.10S | |
| Value | 10 SHILLINGS | |
| Add Desc. | ||
| Size (mm) | 30 | |
| Manufacture | Plated Iron bracteate | |
| Notes | ||
| ||
| Source | (DRR) | |
| Filename | File:AbdCo.Nor.£1 | |
| Value | ONE POUND | |
| Add Desc. | ||
| Size (mm) | 22 | |
| Manufacture | Copper bracteate | |
| Notes | ||
FOOTDEE BAKING ASSOCIATION 1861-1881
It is known from a court action in 1878 that the association had a president, vice president, treasurer and secretary[5].
The society is first lsted in the 1862 Aberdeen Post Office directory, with the address being 75 Water�loo Quay. However the association advertised in July 1861 that they had extended their premises[6]. In 1862 the association provided bread to the Aberdeen Herald that had been set on Saturday and baked on Monday to demonstrate that Sunday working was not required[7]. At a special meeting in 1871 it was decided that the association would not offer credit[8]
The association is listed in the 1881 Abedeen Post Office directory with a similar address to that in 1862, 77 Waterloo Quay. It is not listed in the 1882 directory.
| FOOTDEE BAKING ASSOCIATION | ||
|---|---|---|
| File:AbdCo.Foot.1.jpg | ||
| Source | (TokenCatalog-TC-489252) | |
| Filename | AbdCo.Foot.1 | |
| Value | 1d | |
| Add Desc. | ||
| Size (mm) | 24 | |
| Manufacture | Plated Iron Bracteate | |
| Notes | TokenCatalog Example | |
- ↑ Edinburgh Evening News, 13 Aug 1896, page 2
- ↑ Aberdeen Press and Journal, 15 Oct 1897, page 7
- ↑ Aberdeen Press and Journal, 21 Apr 1911, page 6
- ↑ Aberdeen Press and Journal, 21 Oct 1914, page 6
- ↑ Aberdeen Press and Journal, 26 Oct 1878, page 5
- ↑ Aberdeen Herald - Saturday 27 July 1861, page 4
- ↑ Inverness Courier, 10 Apr 1862, page 6
- ↑ Stonehaven Journal, 14 Dec 1871, page 2