Reference code(s): GB 0074 CLC/B/101-11
Held at: London Metropolitan Archives
Title: CABLES INVESTMENT TRUST LIMITED
Level of description: Collection
Extent: 73 production units.
Name of creator(s): Cables Investment Trust Ltd x Electra Investment Trust Ltd
Globe Telegraph and Trust Company Limited was incorporated in 1873 by John Pender, a Liberal MP, who also founded the Eastern and Associated Telegraph Companies Group. Globe was formed in order to spread the short term risk of cable laying over a number of companies, and shares in Globe were offered in exchange for shares in submarine telegraph and associated companies. The Eastern and Associated Telegraph Companies Group, meanwhile, was built up by Pender over a number of years in the late 19th century.
In 1928 the Imperial Wireless and Cable Conference recommended that the overseas cable and wireless resources of the British Empire be merged into one system. As a result Cable and Wireless Limited (known from 1934 as Cable and Wireless (Holding) Limited) was formed in 1929 to acquire the shares of both the Eastern Group and the Marconi company, and Imperial and International Communications Ltd (known from 1934 as Cable and Wireless Limited) was formed also in 1929 to acquire the communications assets of both the Eastern Group and the Marconi company.
In 1935 Globe Telegraph and Trust Co Ltd acquired Cables Investment Trust Limited as a subsidiary. Since 1948 Globe and its associates have been concerned chiefly with general investment business, and in 1969 Globe was renamed as Globe Investment Trust Limited. Cables Investment Trust Ltd was renamed in 1975 as Electra Investment Trust Limited.
Scope and content/abstract:
Records of Cables Investment Trust Limited. The records comprise of memorandum and articles of association, papers concerning the formation and constitution of the company, Directors' annual reports and accounts and details of balance sheets, reports, papers containing extracts from minutes and appointments of Directors, papers concerning profits and purchases and sales of shares, cash books, general circulars, journals, sales and purchases ledgers and general ledgers. The records also include the Association of Investment Trust Companies members' files, including correspondence, notes, cuttings and copies of reports.
ACCESS AND USE
Language/scripts of material: English
System of arrangement:
Records arranged by MS number, assigned during cataloguing at the Guildhall Library Manuscripts Section.
Conditions governing access:
Access by appointment only. Please contact staff.
Conditions governing reproduction:
Copyright to this collection rests with the depositor.
Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm
Immediate source of acquisition:
The records of Globe, of numerous associated telegraph and investment companies, and of Cable and Wireless (Holding) Limited, and also some records of Cable and Wireless Limited, were deposited in the Manuscripts Section of Guildhall Library in 1990 by Globe Investment Trust Plc, when Globe was taken over by British Coal's pensions fund. The Guildhall Library Manuscripts Section merged with the London Metropolitan Archives in 2009.
CLC/B/101-01: Globe Telegraph and Trust Co Ltd;
CLC/B/101-02: Aberdeen, Ceylon and Eastern Trust Ltd;
CLC/B/101-03: Aberdeen, Edinburgh and London Trust Ltd;
CLC/B/101-04: African Direct Telegraph Co Ltd;
CLC/B/101-05: Associated Cable Companies;
CLC/B/101-06: British Australian Telegraph Co Ltd;
CLC/B/101-07: British Indian Extension Telegraph Co Ltd;
CLC/B/101-08: British Indian Submarine Telegraph Co Ltd;
CLC/B/101-09: Cable and Wireless (Holding) Ltd;
CLC/B/101-10: Cable and Wireless Ltd;
CLC/B/101-11: Cables Investment Trust Ltd;
CLC/B/101-12: China Submarine Telegraph Co Ltd;
CLC/B/101-13: Companhia Telegrafica Platino Brasileira;
CLC/B/101-14: Connaught Trust Ltd;
CLC/B/101-15: Deutsche See Telegraphen Gesellschaft;
CLC/B/101-16: Direct Spanish Telegraph Co Ltd;
CLC/B/101-17: Eastern and South African Telegraph Co Ltd;
CLC/B/101-18: Eastern Extension, Australasia and China Telegraph Co Ltd;
CLC/B/101-19: Eastern Telegraph Co Ltd;
CLC/B/101-20: Electra House Ltd;
CLC/B/101-21: Europe and Azores Telegraph Co Ltd;
CLC/B/101-22: Falmouth, Gibraltar and Malta Telegraph Co Ltd;
CLC/B/101-23: Great Western Telegraph Co Ltd;
CLC/B/101-24: Marseilles, Algiers and Malta Telegraph Co Ltd;
CLC/B/101-25: Mediterranean Extension Telegraph Co Ltd;
CLC/B/101-26: Pacific and European Telegraph Co Ltd;
CLC/B/101-27: River Plate Telegraph Co Ltd;
CLC/B/101-28: Share Investment Trust;
CLC/B/101-29: Victoria Embankment Properties Ltd;
CLC/B/101-30: West African Telegraph Co Ltd.
Rules or conventions: Compiled in compliance with General International Standard Archival Description, ISAD(G), second edition, 2000; National Council on Archives Rules for the Construction of Personal, Place and Corporate Names, 1997.
Date(s) of descriptions: November 2010 to January 2011.