Auchtermuchty Co-operatives

From World of Tokens
Jump to navigation Jump to search
RETURN>>

AUCHTERMUCHTY CO-OPERATIVE SOCIETY 1845-1961

The society was formed in 1845 as the Auchtermuchty and Vicinity Provisions Company. The society became registered around 1872. In February 1873 there was a vote to give 50% dividend to non-members and to use metal checks[1]. The vote was split on non-members recieving a dividend and the vote for checks was a majority, but less than the required two thirds for a change to be made. These measured were approved later that year. The society changed its name to the Auchtermuchty and Vicinity Co-operative Provision Society in 1885.

Another society, Auchtermuchty Coal Society, was formed in 1857 to supply coal. In February 1873 the members voted for a higher dividend and lower share value increase. Shares valued at 12s could be redeemed for 9s. The society registered around 1880 as the Auchtermuchty Co-operative Coal Society. At a meeting in August 1902 it was resolved that the society should be disolved as soon as possible with Auchtermuchty and Vicinity taking over the business[2]. The business was sold to Auchtermuchty and Vicinity in 1903 and the society wound up[3]. After the sale there was £90 in the bank, which would have given a value of 10s for each 15s share.

When Auchtermuchty and Vicinity acquired the business of Auchtermuchty Co-operative Coal, it became the only Auchtermuchty co-operative society. This led to it changing it's name to Auchtermuchty Co-operative Society, which happened before 1913. The society operated the coal business as a sperate operation, declaring a seperate divdidend. In 1904 the society declared a full dividend of 2s 6d per £1, with 1s per £1 for the coal department[4]. In 1913 the society declared a full dividend of 2s 10d per £1, with 1s per £1 for the coal department[5].

The society joined to Cupar in 1961 to form North Fife. North Fife was taken over by the SCRS in 1971.

AUCHTERMUCHTY & VICINITY CO-OPE COMPANY LIMITED
File:AmuchCoop.9.jpg
Source
Filename AmuchCoop.9
Value 9d
Add Desc.
Size (mm) 24
Manufacture Plated Iron Bracteate
Notes
File:AmuchCoop.£1.jpg
Source (DRR)
Filename AmuchCoop.£1
Value £1
Add Desc.
Size (mm) 22
Manufacture Copper Bracteate
Notes
AUCHTERMUCHTY & VICINITY CO-OPE SOCY LTD
File:AmuchCoop.6.jpg
Source (DRR)
Filename AmuchCoop.6
Value 6d
Add Desc.
Size (mm) Hexagon 22
Manufacture Brass
Notes
File:AmuchCoop.5S.jpg
Source (DRR)
Filename AmuchCoop.5S
Value 5/-
Add Desc.
Size (mm) Oval 27x21
Manufacture Brass
Notes
File:AmuchCoop.10S.jpg
Source
Filename AmuchCoop.10S
Value 10/-
Add Desc.
Size (mm) 30
Manufacture Brass
Notes
AUCHTERMUCHTY CO-OPE SOCY LTD
File:AmuchCoop.H.jpg
Source (DRR)
Filename AmuchCoop.H
Value COAL ½d
Add Desc.
Size (mm) 22
Manufacture Silvered Zinc
Notes
File:AmuchCoop.6.jpg
Source (DRR)
Filename AmuchCoop.6
Value COAL 6d
Add Desc.
Size (mm) Hexagon 22
Manufacture Silvered Zinc
Notes
RETURN>>
  1. Fife Herald, 06 Feb 1873, page 3
  2. Dundee Courier, 21 Aug 1902, page 4
  3. Fife Free Press, & Kirkcaldy Guardian, 13 Feb 1904
  4. Dundee Courier, 29 Mar 1904, page 8
  5. Dundee Courier, 03 Sep 1913, page 3