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Private Revenue Perfins of South Australia

An Elsmore Coath Howard production

The authors would welcome your comments additions or input into this work

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Section 2 - Commercial Overprints

F

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F.B.A./

/  /.a & .b 

.a

.b thicker font

User: The Federal Bank of Australia Ltd

Bank

Address: King William St, Adelaide, SA.

Revenue Use:

.a 1868 (sg type 1) Postal Series 1/-(overprint sideways down)

.a 1886 Series 2/6d (black) Double overprint seen

.b 1886 Series 2/6d, 5/-, 10/-(upright, also sideways), £1.

Rarity Scale:

 

.a 1868 (sg type 1) Postal Series 1/-(overprint sideways down) R4.

 

.a 1886 Series (black overprint) 2/6d R4.

 

.b 1886 Series 2/6d R3, 5/- R3, 10/- R4, £1 R4.

 

Background: *The Federal Bank of Australia Limited was established in Melbourne in 1881 by James Munro, and opened for business in April 1882. The Bank was one of many financial institutions that speculated on the then booming Melbourne suburban real estate market. Initially successful, the company widened its operations to New South Wales by absorbing the Sydney and Country Bank Limited in 1882. Banknotes were issued at branches in Melbourne, Sydney and Adelaide.

Apart from the name, the banknote issues were identical in design to those of the Australian and European Bank Limited.

The bank had strong associations with a number of speculative land companies, which became insolvent with the economic downturn in the early 1890's. A run on deposits forced the bank to suspend payments in 1893. The bank's financial position was so poor that reconstruction was not viable and so the company was liquidated.

 

Later investigations and court proceedings revealed that Munro, his family and business associates had borrowed large sums from the bank, to prop up their other failing speculative enterprises.

Device: Handstamped

Related patterns: Refer to other Federal Bank of Australia patterns in:

VIC: 'Other' Section

*Australianstamp.com

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F.C.A..a 

User: Finance Corporation of Australia

Bank

Address: Adelaide, SA.

Revenue Use:

1920 Series 2d.

Rarity Scale:

 

1920 Series 2d R4.

 

Background: The Bank of Adelaide was founded in 1865 in Adelaide by a group of prominent businessmen and was subsequently incorporated by an act of the Parliament of South Australia.

The new Bank commenced business in Gresham Chambers but later moved to its permanent site at the corner of King William and Currie Streets.


The bank established four remote branches and then in 1886 it expanded further when it absorbed the failed Commercial Bank of South Australia. A London office was added in 1890.

The Bank was the only local South Australian bank to survive the financial crises of the 1890’s and the 1900’s saw a return to growth with more new branches in country locations across South Australia. The growth continued after WW1 with the first interstate branches, Sydney (1919), Melbourne (1920), Perth (1922), and Brisbane (1927). Much later Dandenong (1963), Hobart (1970) Canberra City (1968), Woden (1975) Belconnen (1977), Townsville (1978).

In 1969, The Bank of Adelaide acquired the Finance Corporation of Australia Ltd. with the purpose of increasing the Group's flexibility.

In 1979 after a period financial trouble the Bank of Adelaide and its subsidiary the Finance Corporation of Australia Ltd. was absorbed into the ANZ Bank. The Finance Corporation of Australia Ltd then became part of the ANZ Bank’s finance business Esanda Limited, later from 1986, the Esanda Finance Corporation Limited.

Device: Handstamped

Related Patterns: Refer to other Bank of Adelaide patterns in:

SA: 'Other' Section Bank of Adelaide

*National Library of Australia

picknowl.com.au

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Foy & Gibson/Pty. Ltd.a 

User: Foy & Gibson Pty, Ltd

 

Merchants/Department Store

 

Address: Rundle St, Adelaide, SA.

 

Revenue Use:

1920 Series 2d.

Rarity Scale:

 

1920 Series 2d R3.

 

Background: *Foy and Gibson (sometimes referred to as simply “Foys”) was an early Australian Department store.

 

The company started in 1883 as a partnership in a drapery in the inner Melbourne suburb of Collingwood. The partners were William Gibson, a Scot who had immigrated to Australia in 1882, and Francis Foy, son of Sydney draper Mark Foy. The partnership was dissolved after a disagreement in mid-1884 and William Gibson became the sole proprietor.

 

Through the booming 1880’s Gibson expanded the business taking on new partners in his nephews Samuel Gibson and John Maclellan as well as William Dougal. He increased his overseas buying and range of goods and opened a hardware department and then established a department store modeled on the Parisian Bon Marché.

 

The depression of the 1890’s presented many challenges but the company used the period to establish its own manufacturing facilities for a range of clothing, millinery, furniture, bedding and hardware.

 

In 1902 the company opened a second store in Prahran (Melbourne), and later stores in Perth, Brisbane (1903) and Adelaide (1907). A Melbourne city store was added as well as Regional stores, particularly in WA where it grew to 10 locations.

 

Gibson died in 1918 but the company continued under his nephew John Maclellan. In 1955 the business was acquired by Cox Brothers and in 1964, Foy & Gibson (WA) Ltd, including all of its Western Australian stores were sold to David Jones Ltd., as David Jones (WA) Ltd.

 

Related patterns: Nil

 

Device: Handstamped

Related Patterns: Refer to other Foy and Gibson patterns in:

VIC: 'Other' Section Foy's.a Foy &/Gibson's.a

WA: Perfin Section F&G.a

*Australian Dictionary of Biography

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Frearson Motors Ltd.a 

User: Frearson Ltd

 

Motor Car Dealers

 

Address: 686 Anzac Highway, Glenelg, Adelaide, SA.

 

Revenue Use:

1920 Series 2d.

Rarity Scale:

 

1920 Series 2d R4.

 

Background:

 

Related patterns: Nil

 

Device: Part of a larger handstamped used to precancel complete sheets.

Related Patterns:Nil

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