Identity area
Reference code
AU NBAC 143
Title
Date(s)
- 1942 - 1972 (Creation)
Level of description
Deposit
Extent and medium
0.15m
Context area
Name of creator
Administrative history
In 1898 an English liability company Robert Reid and Company Limited was formed with Hon. Robert Reid as Chairman (till his death in 1904) and co-Director James Wright both based in Melbourne. Robert Mackenzie Reid, Robert's son, an original director, succeeded him as Chairman and remained in London, with James Wright becoming Managing Director in Australia. In 1909, William Edward Bates, a Melbourne solicitor joined the Board, and it appears that he and Robert Reid were primarily responsible for the formation of the new Australian company, registered in Melbourne in March 1919. The company had warehouses in Melbourne, Sydney, Adelaide and Brisbane. The Adelaide house closed in 1928 with Melbourne then responsible for South Australian trade, along with Perth and Tasmania. In 1940 the Brisbane house became a branch of the Sydney house. In 1936 the business of Joseph Pickles and Son (Sydney) was acquired. Restrictions on wholesale importing during World War II forced the company to expand its retail trade, through Hustlers Proprietry Limited. Chairman Robert Mackenzie Reid died in 1942. His son, Robert Wolstenholme Reid, a member of the Board since 1927, became Chairman in 1953. In 1957 the company was merged with David Murray Holdings Limited to form Reid Murray Holdings Limited, with Robert Reid as Chairman. In 1963 it went into liquidation and in 1966 Robert Reid and Company Limited, 'a trading subsidiary' of Reid Murray Holdings Limited was bought by Ralli Brothers and merged with their old established rivals, Paterson, Laing and Bruce Limited to form Paterson, Reid and Bruce Limited.
Name of creator
Administrative history
The company was formed by a merger of Paterson, Laing and Bruce Limited and Robert Reid and Company Limited. It operated as a direct subsidiary of Ralli Australia Proprietry Limited from 1966 to July 1970 when it was purchased by Grimley Limited. The parent company changed name to Eastralian Securities Limited in September 1970 and then to ESCOR Limited in January 1974. Paterson, Reid and Bruce Limited ceased trading in December 1979. An ongoing division of the company continued trading as ESCOR Textiles Limited, a subsidiary of ESCOR Limited.
Repository
Content and structure area
Scope and content
Financial records of the Robert Reid Staff Superannuation Plan Provident Fund for Sydney and Brisbane offices: cash book, ledger and journal, correspondence, claims, bank statements, auditors reports, and register of benefactors
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Conditions governing access
Open access
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Dates of creation revision deletion
Entered from deposit description 5 May 2011