Records of Second Investors' Mortgage Security Co Ltd, investment trust, Edinburgh, Scotland

Archive Collection

Scope and Content

  • Directors' minutes 1914-1936
  • General meeting minutes 1929-1965
  • Home journal 1914-1965
  • Home ledger 1914-1935
  • Numerical ledger 1914-1926
  • Purchase and sales records 1940-1955
  • Cash books 1929-1965
  • Debenture records 1934-1971
  • Preference and ordinary stock records 1929-1965
  • Balance books 1935-1955
  • Letter book 1964-1965
  • Annual reports and accounts 1915-1964
  • General accounts 1947-1966
  • Interest books 1939-1965
  • Investment register sheets 1951-1960
  • Register of directors 1914-1966
  • Seal register 1962-1965
  • Allotments list 1953, 1957

Administrative / Biographical History

Second Investors' Mortgage Security Co Ltd was incorporated as a limited liability company in 1914  in Edinburgh, Scotland, with George Dunlop as its first chairman. Shares were sold with many automatically being offered to shareholders in the company's sister company, the Investors' Mortgage Security Co Ltd , investment trust, Edinburgh. The Second Investors' Mortgage Security Co Ltd invested its member's money in stocks, shares and debentures and acted as an investment trust. The investment side of the business was managed by Ivory & Sime Ltd , investment trust managers, Edinburgh, with who they shared their registered office.

The company invested in the American markets, especially railroads and power companies, and also invested in British stocks and shares. In 1965  , the company entered into voluntary liquidation at which point many of its assets and funds were transferred to the sister company, Investors' Mortgage Security Co Ltd .

Arrangement

The material has been arranged into series as shown in the scope and content. Within series, items are generally arranged chronologically.

Conditions Governing Access

Open

Acquisition Information

Permanent loan : via BACS : June 1986 :ACCN 0084

Other Finding Aids

The catalogue of Second Investors' Mortgage Security Co Ltd's records exists as part of the UGD 228 finding aid which also includes catalogues of companies owned by Ivory & Sime Ltd or in which they had an interest. A digital file level list is available searchroom.

Manual file list available at the National Registers of Archives in Edinburgh (NRA(S)1577, replaced by NRA(S)2764) and London (NRA21280)

Alternative Form Available

No known copies

Conditions Governing Use

Applications for permission to quote should be sent to the University Archivist

Reproduction subject to usual conditions: educational use & condition of documents

Appraisal Information

This material has been appraised in line with standard GB 248 procedures

Custodial History

Held by Ivory & Sime Ltd, investment trust managers, Edinburgh

Accruals

None expected

Related Material

Ivory & Sime Ltd owned or held interests in a number of investment trust companies whose records exists as follows:

GB 248 UGD 228/1 Records of Ivory & Sime Ltd

GB 248 UGD 228/2 Records of British Assets Trust Ltd

GB 248 UGD 228/3 Records of Second British Assets Trust Ltd

GB 248 UGD 228/4 Records of Independent Investment Co Ltd

GB 248 UGD 228/5 Records of Investors Capital Trust Ltd

GB 248 UGD 228/7 Records of Scottish Realisation Trust Ltd

GB 248 UGD 228/9 Records of Edinburgh American Land Mortgage Co Ltd

GB 248 UGD 228/10 Records of the Pleasance Trust

GB 248 UGD 228/11 Records of Atlantic Assets Trust Ltd

GB 248 UGD 228/12 Records of Clydesdale Investment Co Ltd

GB 248 UGD 228/13 Records of Third Scottish Western Investment Co Ltd

GB 248 UGD 228/14 Records of Second Caledonian Trust Co Ltd

GB 248 UGD 228/15 Records of Third Caledonian Trust Co Ltd

GB 248 UGD 228/16/1/1-2 Records of Edinburgh Trust & Agency Ltd

GB 248 UGD 228/16/1/3 Records of Electrical Securities Trust Ltd

GB 248 UGD 228/16/1/4 Records of Canning Downs Estate Ltd

GB 248 UGD 228/16/1/5 Records of Caledonian Assets Trust Ltd

See source list on Banking and Finance available via Glasgow University Archive Services home page at http://www.archives.gla.ac.uk

Material in other repositories: no material associated by provenance

Bibliography

No known publications using this material

Additional Information

This material is original

Compiled by David Powell, Hub Project Archivist, 15 January 2003

No alterations made to date

Subjects

Geographical Names