Glamis & Charleston Co-operatives

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The was developed to house estate workers in the late 18th century. A flax mill was built in the town in 1806. By the 1860s the mill had become a sawmill.

Charleston is a village about 1.5km south of Glamis. In 1833, Alexander Bruce, a weaver, obtained a long tack on the lands of Rochelhill. In 1838 he fued this land with at least 50 houses being built. The settlement was called Charleston after the proprietor of Rochelhill, Charles Henderson. In 1845 it was noted that Charleston had 230 inhabitants, mainly hand loom weavers, who wove coarse brown linenfrom the yarn produced in the Glamis mill.

GLAMIS AND CHARLESTON SAVING ASSOCIATION 1843-1884

The society was formed in Charleton 1843. It had more than 20 members after 1862, so was required to register but never did so. It also never joined the SCWS.

In 1861 the dividend was £1 per share. 10/- was given to each share holder and 10/- was added to stock, inceasing the share value to £3. In 1868 the dividend was 25/- and each share was valued at £6. 15/- was given to each share holder and 10/- was added to stock. "Checks" were reported as being used then, which may have meant paper tickets. It wa also noted that business was good due to labourers and artisans employed by the Earl of Strathmore using the store. In 1878 each share was valued at £10 with the dividend per share, £2, being paid to each member.

The society appears to have gotten in trouble in 1883, with no annual meeting being held in January 1884. As part of the widning up proceedure, there was a call for £5 per share to make up the losses. The store wa sold in September 1885 to a baker, achieving £290. In June 1885 the committee starting pursuing some members for the £5 in the Sheriff Court. The case concluded in 1886 in favour of the society. An appeal by members to the Appeal Court failed.

GLAMIS AND CHARLESTON SAVING ASSOCIATION LIMITED
	Source	(DRR 1994)
	Filename	G&CCo.Assoc.£1
	Value	£1
	Add Desc.	milled edge
	Size (mm)	22
	Manufacture	Brass
	Notes
	Source
	Filename	G&CCo.Assoc.£1a
	Value	£1
	Add Desc.	plain edge
	Size (mm)	22
	Manufacture	Copper
	Notes

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