Peel River Land and Mineral Company

Identity area

Type of entity

Corporate body

Authorized form of name

Peel River Land and Mineral Company

Parallel form(s) of name

    Standardized form(s) of name according to other rules

      Other form(s) of name

      • Peel Company

      Identifiers for corporate bodies

      Description area

      Dates of existence

      1853 – 1959

      History

      The Peel River Land and Mineral Company (Peel Company) was formed in 1853 after gold was discovered on the banks of the Peel River. It was established by Act of Parliament in London to purchase the Peel River Estate (Goonoo Goonoo) from the Australian Agricultural Company (AACo). The gold mining activity was short lived. The Peel Company then concentrated on working sheep and cattle on the property. It also made early ventures into Queensland: Cashmere (near St George 1861-1873); Corona and Nile (near Winton 1875-1881) and Currawhillingi (NSW/Qld border 1881-1918) as well as Eagle Grange (NSW 1898-1918); Moorlands station (Tamworth); Avon Downs (NT); Mt Alfred and Mt Margaret stations (Qld). From 1849 the Peel Company laid out town lots in (south) Tamworth. From the 1870s farm lots were laid out in several subdivisions around the town. In 1909, 88,518 acres were resumed by the NSW Government for closer settlement; a further 17,500 acres in 1938 and 18,150 acres in 1952. The Goonoo Goonoo homestead block was sold in 1985.

      The first General Superintendent of the Peel Company was Philip Gidley King (1854-1904) who was succeeded by his son, G B G King (1904-1910) and grandson, G M G King (1910-1930). They were followed by J F Holloway (1930-1932). From 1932 the AACo and the Peel River Land & Mineral Company were jointly managed in Australia. The companies together purchased a number of properties including Caldervale (near Tambo, Qld) in 1934 and the Coonamble Properties (Sandcycamp, Pillicawarrina and Narraway, NSW) in 1948.

      In 1959 the AACo acquired the whole share issue of the Peel River Land & Mineral Company and the company was delisted from the London stock exchange.

      Places

      New South Wales: Goonoo Goonoo; Currawhillingi; Moorlands; Eagle Grange
      Queensland Stations: Cashmere; Corona; Nile; Mt Alfred; Mt Margaret
      Northern Territory Stations: Avon Downs

      Legal status

      Functions, occupations and activities

      gold mining; sheep and cattle farming

      Mandates/sources of authority

      Internal structures/genealogy

      General Superintendents: Phillip Gidley King 1854-1904, GBG King 1904-1910, GMcAG King 1910-1930, JF Holloway 1930-1940, R Schmidt 1941-1959.

      General context

      Relationships area

      Related entity

      Australian Agricultural Company (1824 -)

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      Dates of relationship

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      Access points area

      Subject access points

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      Occupations

      Control area

      Authority record identifier

      Institution identifier

      Rules and/or conventions used

      Status

      Level of detail

      Dates of creation, revision and deletion

      Entered from deposit description on 5 March 2012

      Language(s)

        Script(s)

          Sources

          P A Pemberton, Pure Merinos and Others: the “shipping lists” of The Australian Agricultural Company (Canberra: Australian National University, Archives of Business and Labour, 1986)
          In Good Company: 175 years of Australian Agricultural Company 1824-1999
          www.investogain.com.au (accessed on 5 March 2012)

          Maintenance notes