Deposit N17 - Australian Agricultural Company (Associated Collections)

Identity area

Reference code

AU NBAC N17

Title

Australian Agricultural Company (Associated Collections)

Date(s)

  • 1905 - (Creation)

Level of description

Deposit

Extent and medium

1.0 m

Context area

Name of creator

(1837 - 1919)

Biographical history

Jesse Gregson, company superintendent to the Australian Agricultural Company (AACo) was born in 1837 in Kent, England. In 1955 he migrated to Sydney and then worked for Dr Traill at Collaroy Station where he learnt stock management. In 1958 he was head overseer of Llangollen station near Cassilis. In May 1860 as Alexander Busby's partner, he overlanded 5000 ewes to a new station, Rainworth, near Springsure, QLD. Busby who had been elected to the board of the AACo recommended Gregson as superintendent of the company to replace Edward Merewether. Invited to England, Gregson was appointed to the position which he held from 1875 to1905. He applied himself to the care of the company's pastoral and mining properties, becoming a spokesperson of the colliery proprietors in dealings with the miners' union. In 1890-91 he served on the royal commission on strikes and was appointed to the royal commission which prepared the case for the Coal Mines Regulation Act 1896. Gregson died on 3 August 1919 at Katoomba.

Name of creator

(1824 -)

Administrative history

The Australian Agricultural Company (AACo or The Company) was formed in London in April 1824. Its purpose was to raise fine woolled sheep and sell wool on the London market. The formation of the Company was supported by an Act of Parliament and a Royal Charter. Its directors and major shareholders included directors of the Bank of England, the East India Company and Members of Parliament; with assigned convicts given the roles of shepherding and general labour. The Company’s initial land grant was one million acres in New South Wales plus two thousand acres in Newcastle. After some uncertainty the land, in the colony, was in three blocks: 464,640 acres between Port Stephens and the Manning River (Port Stephens Estate), 249,600 acres on the Liverpool Plains west of Willow Tree (Warrah) and 313,298 acres at the Peel River south of Tamworth (Goonoo Goonoo). The AACo operated in four major NSW locations during the nineteenth century – Port Stephens, Tamworth, Quirindi, and Newcastle – and from the last quarter of the century also in Queensland and eventually in Northern Australia. Its interests expanded to include wool, wheat, cattle, coal and land sales.

Within a year of its formation the AACo also became involved in coal mining at Newcastle, taking over the government’s operations there. After protracted negotiations the Company’s first pit was opened in 1831.The discovery of gold in New South Wales on the Company’s Peel Estate led to the formation of the Peel River Land and Mineral Company in 1854. Between 1825 and 1862 the AACo, with the Peel River Land and Mineral Company, brought from Europe to New South Wales over 700 men to work either at the colliery in Newcastle or on the extensive pastoral estates at Port Stephens, Tamworth and the Liverpool Plains. The new arrivals were managers, skilled mechanics, shepherds, miners and labourers. The first group of employees was managed by the Company’s first Agent, Robert Dawson (Agent, 1824-1828). Dawson’s successors included Sir Edward Parry (Commissioner, 1830-1834); Henry Dumaresq (Commissioner, 1834-1838); Phillip Parker King (Commissioner, 1839-1849); followed by several General Superintendents with Jesse Gregson, the Company’s longest serving General Superintendent from 1875-1905.

In 1864 the AACo began the development of the Warrah Estate for sheep breeding, investing extensively in wells, bores and fencing. The AACo purchased Corona (near Longreach) in 1912; Bladensburg (near Winton) and Highfields (between Corona and Bladensburg) in 1915; Headingly (Urandangie) in 1916; before moving into the Northern Territory with the purchased of Avon Downs (Barkly Tablelands) in 1921. From the 1930s gradually phasing out sheep the AACo became increasingly involved in beef cattle, developing the Santa Gertrudis stud at Goonoo Goonoo and purchasing Rockhampton Downs (Barkley Tablelands NT) in 1948, Wrotham Park (near Chillagoe, Q) in 1963, Brunette Downs (north of Tennant Creek) in 1979.

In 1975 the London-based directors resigned and the Company’s tax domicile was transferred from London to Tamworth, NSW and then to Brisbane in 1985 following the sale of Goonoo Goonoo. From 1976 the Company’s name was listed on the Australian Stock Exchange as the Australian Agricultural Company Limited. In 1995 Elders Ltd acquired the AACo and it was delisted from the Australian Stock Exchange. The Company became a wholly owned subsidiary of Futuris Corporation Limited after Futuris took over Elders in 1997. The Company was re-listed in 2001.

Content and structure area

Scope and content

Two illuminated addresses presented to Jesse Gregson on his retirement as General Superintendent of the Australian Agricultural Company, and includes photographs; newspaper cutting and colour photographs of Goonoo Goonoo, and articles of agreement (1875); correspondence by William Young (1852).

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Researchers must sign an access agreement

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Australian Agricultural Company deposits

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Dates of creation revision deletion

Entered from deposit description on 15 September 2011; revised 19 March 2012

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