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Bank of Australia Lottery notes, 1848 October 19 [manuscript]
Bib ID 2665864
Format ManuscriptManuscript, OnlineOnline
Author
Bank of Australia
 
Online Versions
Access Conditions Available for research. Not for loan. 
Description [1848] 
1 album : 30.2 x 35.2 cm. 
Summary

MS 1602 comprises two Bank of Australia (1826-1843) lottery notes dated 19 October 1848, drawn on 1 January 1849.

Biography/History

The Bank of Australia failed on 2nd March 1843 and the liquidation resulted in remaining assets of the bank in the form of land holdings being disposed of by lottery. Despite being disallowed by the British government, on 19 October 1848, 11,247 tickets were printed, numbered by hand, signed by four directors and issued to shareholders in proportion to their holdings. Shareholders had the right to resell (or assign) their tickets at £4 each which many did. The probably illegal draw took place over 1-3 January 1849 amid great public excitement. The full numerical list of prizes won was later published in the Sydney Herald.

Notes

Manuscript reference no. : MS 1602.

Title from cover.

Associated materials: Ten Bank of Australia Lottery notes issued to John Campbell, 1848 October 19 are held in the Papers of Sir John Ferguson, 1900-1969 MS 3200.

Also available online http://nla.gov.au/nla.obj-256868538

Related Material Schedule of the lots in the plan of partition of the Bank of Australia : the drawing to commence on Monday, January 1st, 1849; located at; National Library of Australia, Ferguson collection FC F4710. 
Subjects Bank of Australia -- Archives.  |  Lottery tickets -- Australia.
Time Coverage 1848 

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