Scottish+Property+Investment+Company

=Scottish Property Investment Company Limited=

Company Number: SC001597 Date of Incorporation: 24 January 1887 Contact Details: 212 St Vincent Street, Glasgow Operating Details: Dissolved 11 February 1994 Other names (if known): Function of Company*: Letting of property (7020) (assumed) Headquarters/Base of Operations Location: Edinburgh (see below) Area of Operation: Edinburgh


 * Taken from Standard Industrial Classification 2003, as used by Companies House in 2010

Records
No records of this company in its incorporation under the Companies Act 1856 still appear to exist (other than those still held by Companies House, Edinburgh).

Related records: The Building Society file of this company is held in the National Archives of Scotland under FS6/260, though it doesn’t contain any information on the future form and function of the company following its incorporation under the Companies Act.

Company History
This company began as a building society under the name of the Second Edinburgh Property Investment Company, and was incorporated in July 1874 under the Building Societies Act 1874. Building Societies had grown in Scotland from the 1840s, usually starting as small local societies of the mutual and terminating type, typically attracting small investors. However the financing of house building and purchase became so profitable that it (and a number of other building societies) became a proprietary company in 1887. The building society part of the business was dissolved later in the same year. The company appears to have operated in the Edinburgh area (as a building society its address was on South bridge in the city), and does not seem to have changed its name, although there are no other records of its activity currently available.