fbpx
Wikipedia

Syndicate of Seven

The Syndicate of Seven is the name given to the original members of the Broken Hill Mining Company formed in 1883, who lodged applications for mining leases along the Line of Lode at Broken Hill in New South Wales, Australia.

History edit

The members, who all worked at Mount Gipps sheep station, which encompassed the Broken Hill, were:-

  1. Charles Rasp (1846–1907) – a boundary rider, who was interested in prospecting, recognised that the site was highly mineralized (though suspecting black tin oxide — perhaps cassiterite) and on 5 September 1883 persuaded David James and his offsider James Poole to help him peg out 40 acres (16 ha) and registered their claim with mining warden Richard O'Connell.[1]
  2. David James (1854–1926) – a contractor employed to sink dams and mend fences.
  3. James Poole (1848–1924) – worked with David James
  4. George McCulloch (1848–1907) – manager of Mount Gipps station, recommended widening the syndicate in order to control the greater part of the hill, proposed seven shares at £70 (several thousand dollars in today's money) each.
  5. Philip Charley (1863–1937) – a young man learning to be a sheep farmer, employed as a boundary rider.
  6. George Urquhart (1845–1915) – a bookkeeper and overseer
  7. George A. M. Lind (1861–1941) – a storekeeper.
 
Philip Charley in 1887

In September 1883 they pegged seven 40-acre (160,000 m2) blocks (blocks No 10–16) along the exposed lode at Broken Hill, thus securing almost the whole of the easily worked ore (Curtis, 1908).

The initial assay results were not encouraging and Lind sold his share to Rasp and McCulloch, probably intimidated by the prospect of calls to finance further drilling. Poole and Urquhart sold their shares a year later, before the boom days and flotation of Broken Hill Proprietary in 1885 (Curtis, 1908 and Camilleri, 2006). James sold half his share to Sidney Kidman[citation needed][a] who went on to become a wealthy cattle baron and landowner.

Later edit

The seven shares were parlayed into fourteen. William Jamieson purchased three of these shares for £320, and on 25 April 1885 was offered management of the mine at a salary of £500 per annum. He shortly divested himself of two, one of which was purchased by W. R. Wilson; George Doolette also purchased one of the 14 shares.[3] Other important early investors were Harvey Patterson, Duncan McBryde[4] and Bowes Kelly.[5]

Notes edit

  1. ^ Kidman recounted exchanging six cattle for half of his share (and shortly selling it at a small profit)[2] but no mention of D. James's half share

References edit

  1. ^ Jill Bowen (1987). Kidman: The Forgotten King. Angus & Robinson. pp. 47–50. ISBN 0207153957.
  2. ^ "Australia's Cattle King". The Observer (Adelaide). Vol. LXV, no. 3, 469. South Australia. 28 March 1908. p. 41. Retrieved 2 November 2020 – via National Library of Australia. repeated almost verbatim by Bowen.
  3. ^ Gibbs, R.M.; McLeary, A. (1981). "Doolette, Sir George Philip (1840–1924)". Australian Dictionary of Biography. Retrieved 30 August 2016.
  4. ^ Wheeler, Doreen, "McBryde, Duncan Elphinstone (1853–1920)", Australian Dictionary of Biography, Canberra: National Centre of Biography, Australian National University, retrieved 4 January 2022
  5. ^ B. E. Kennedy (1983). Australian Dictionary of Biography: Jamieson, William (1853–1926). National Centre of Biography, Australian National University. Retrieved 2 November 2020.

Sources edit

  • Leonard Samuel Curtis (1908) The History of Broken Hill, Its Rise and Progress, Frearson's Printing House: Adelaide, South Australia.
  • Blainey, G. (1964) The Rush that never ended: A history of Australian mining, Melbourne, Melbourne University Press, pp 142–148.
  • Jenny Camilleri (2006) In The Broken Hill Paddock, printed by Openbook Australia, ISBN 0-646-46245-8.


syndicate, seven, name, given, original, members, broken, hill, mining, company, formed, 1883, lodged, applications, mining, leases, along, line, lode, broken, hill, south, wales, australia, contents, history, later, notes, references, sourceshistory, editthe,. The Syndicate of Seven is the name given to the original members of the Broken Hill Mining Company formed in 1883 who lodged applications for mining leases along the Line of Lode at Broken Hill in New South Wales Australia Contents 1 History 2 Later 3 Notes 4 References 5 SourcesHistory editThe members who all worked at Mount Gipps sheep station which encompassed the Broken Hill were Charles Rasp 1846 1907 a boundary rider who was interested in prospecting recognised that the site was highly mineralized though suspecting black tin oxide perhaps cassiterite and on 5 September 1883 persuaded David James and his offsider James Poole to help him peg out 40 acres 16 ha and registered their claim with mining warden Richard O Connell 1 David James 1854 1926 a contractor employed to sink dams and mend fences James Poole 1848 1924 worked with David James George McCulloch 1848 1907 manager of Mount Gipps station recommended widening the syndicate in order to control the greater part of the hill proposed seven shares at 70 several thousand dollars in today s money each Philip Charley 1863 1937 a young man learning to be a sheep farmer employed as a boundary rider George Urquhart 1845 1915 a bookkeeper and overseer George A M Lind 1861 1941 a storekeeper nbsp Philip Charley in 1887 In September 1883 they pegged seven 40 acre 160 000 m2 blocks blocks No 10 16 along the exposed lode at Broken Hill thus securing almost the whole of the easily worked ore Curtis 1908 The initial assay results were not encouraging and Lind sold his share to Rasp and McCulloch probably intimidated by the prospect of calls to finance further drilling Poole and Urquhart sold their shares a year later before the boom days and flotation of Broken Hill Proprietary in 1885 Curtis 1908 and Camilleri 2006 James sold half his share to Sidney Kidman citation needed a who went on to become a wealthy cattle baron and landowner Later editThe seven shares were parlayed into fourteen William Jamieson purchased three of these shares for 320 and on 25 April 1885 was offered management of the mine at a salary of 500 per annum He shortly divested himself of two one of which was purchased by W R Wilson George Doolette also purchased one of the 14 shares 3 Other important early investors were Harvey Patterson Duncan McBryde 4 and Bowes Kelly 5 Notes edit Kidman recounted exchanging six cattle for half of his share and shortly selling it at a small profit 2 but no mention of D James s half shareReferences edit Jill Bowen 1987 Kidman The Forgotten King Angus amp Robinson pp 47 50 ISBN 0207153957 Australia s Cattle King The Observer Adelaide Vol LXV no 3 469 South Australia 28 March 1908 p 41 Retrieved 2 November 2020 via National Library of Australia repeated almost verbatim by Bowen Gibbs R M McLeary A 1981 Doolette Sir George Philip 1840 1924 Australian Dictionary of Biography Retrieved 30 August 2016 Wheeler Doreen McBryde Duncan Elphinstone 1853 1920 Australian Dictionary of Biography Canberra National Centre of Biography Australian National University retrieved 4 January 2022 B E Kennedy 1983 Australian Dictionary of Biography Jamieson William 1853 1926 National Centre of Biography Australian National University Retrieved 2 November 2020 Sources editLeonard Samuel Curtis 1908 The History of Broken Hill Its Rise and Progress Frearson s Printing House Adelaide South Australia Blainey G 1964 The Rush that never ended A history of Australian mining Melbourne Melbourne University Press pp 142 148 Jenny Camilleri 2006 In The Broken Hill Paddock printed by Openbook Australia ISBN 0 646 46245 8 nbsp This New South Wales article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Syndicate of Seven amp oldid 1132980574, wikipedia, wiki, book, books, library,

article

, read, download, free, free download, mp3, video, mp4, 3gp, jpg, jpeg, gif, png, picture, music, song, movie, book, game, games.