Subfonds - Westminster Apartments Ltd.

Title and statement of responsibility area

Title proper

Westminster Apartments Ltd.

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    Statement of scale (cartographic)

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    Issuing jurisdiction and denomination (philatelic)

    Dates of creation area

    Date(s)

    • 1925-1936 (Creation)
      Creator
      Westminster Apartments Ltd.

    Physical description area

    Physical description

    15 cm of textual records

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    Archival description area

    Name of creator

    (1925-1975)

    Administrative history

    Westminster Apartments Ltd. was incorporated in 1925. The Company’s first directors were General Robert Percy Clark, Edward Archibald Riddell, Robert L. Shimmin, Ellis Caldwell Turner, and Hugh Norman Lidster. One of the first acts of the Company was to acquire land on which to build an apartment building on Third Avenue, between Fourth and Pine Street. The construction of the building was financed by a mortgage in favour of the Westminster Trust Co. However, in 1932 the Company found itself in default of the Trust Indenture. W.D. Bowden was appointed Receiver by the Trustee, the Westminster Trust Co. One of the debenture holders was Alfred W. McLeod who subsequently became a director of Westminster Apartments Ltd. as did Bowden. Alfred W. McLeod Ltd also became the rental agent for the Company. The Company’s debt was reorganized by means of a supplemental Trust Deed issued in 1934. The original outstanding debentures were called in and reissued. Presumably the Company continued in the property management business until it was amalgamated into Westminster Securities Ltd. in 1975.

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    Scope and content

    Sub-fonds consists of records that pertain to the resolutions and decisions, and financial affairs of the business. Sub-fonds contains two series.

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