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Australian Agricultural Company

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on 1 November 1824 for the cultivation and improvement of waste lands in the colony of New South Wales and other purposes, amongst which was the production of fine merino wool for export to Great Britain. A group of about 400 well-connected British investors funded the company with a combined capital
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of the coastline. It is speculated that Leichhardt may have established the extent of the coal seams under Mitchell’s property. Mitchell claimed the construction of the tunnels was to allow access to Burwood Beach in order to build a salt works. It is further speculated that Mitchell actually sought
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soon became the companies largest type of employee, although those who had served a sentence, aborigines and indentured servants on seven-year contracts were also employed with the latter making up the bulk of initial employees. The AACo attempted to exploit convict labour to generate a profit. When
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In 1828, 3 years after commencing their 31-year lease, the AACo was accorded a monopolistic position after the company received a grant of 810 ha (2,000 acres) of coal land in the centre of Newcastle. Further, it was feared that the company may have had control of the entire coal supply in the
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Once raised up the shaft, the coal was yarded or emptied into wagons; each of 1 t capacity. Loaded wagons were run in pairs down a self-acting inclined plane railway (two loaded wagons going down hauled another two emptied ones up). They were then pushed by hand, assisted by gravity, along a graded
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However, it soon found that better land was available and, in 1830, a communication from the Secretary of State for the Colonies to Governor Darling notified the latter that the company was to be permitted to select land in the interior of the colony, in lieu of an equivalent area at Port Stephens,
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to investigate the matter. Both Mitchell and Brown gave evidence; Mitchell in relation to his tunnel and Brown in relation to price cutting. Before the committee could issue any recommendations, the Australian Agricultural Company relinquished its monopoly. Mitchell proceeded to lease out the coal
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of one million pounds (made up of ten thousand shares of ÂŁ100 each). A grant of one million acres (about 405,000 hectares) was obtained in the colony for agricultural development, subject to the performance of certain conditions, with the company to be allowed to select the location of the grant.
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totaling 777 ha (1,920 acres) plus a 31-year monopoly on that town's coal traffic. The company became the largest exporter of coal from Newcastle for many decades. They also bought 518 ha (1,280 acres) of freehold and 1,267 ha (3,131 acres) of leasehold land on the
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railway for ÂŁ40,000 which, already owning the other half, placed them in full ownership of the line. With the post-Great War slump, the company ceased its coal-mining activities in the early 1920s, sold their assets therein, and moved on into the cattle industry.
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as promised by Governor Gipps, allowing copper to be brought into NSW duty-free. After the monopoly ended, Mitchell established the copper smelter in 1851 until its closure in 1872. In 1913, salvaged bricks from the site were used to cap some of the old mines.
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In 1835 James Mitchell purchased approximately 360 ha (900 acres) of coastal land extending from the far side of Merewether ridge to Glenrock Lagoon and named the property the Burwood estate, which was later extended to 1,834 acres. Not long after
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to protect both the system of land grants to wealthy individuals and also the transportation system of cheap prison labour to the colony. As a result of the Bigge Inquiry, the Australian Agricultural Company (A.A.Co.) was formed by an Act of the
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where AACo would manage the operations and the Bunuba would receive an annual rent and training opportunities and have complete access to their lands. The Bunuba hold the leases to Leopold Downs and Fairfield Downs stations, located north of
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from 1819 to 1823 recommended that large grants of land be given to "men of real capital" who would utilise significant levels of convict labour to maintain these estates. The inquiry was initiated by the
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wooden trestle. It crossed a sandy area, now occupied by Hunter Street and the Great Northern Railway, to a loading staith at which small ships could berth while coal was tipped into their holds.
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but retaining mineral rights to the latter. After an inspection in 1833, the company decided on two new areas. These were the Warrah Estate of 101,010 ha (249,600 acres), west of
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sheep. The wool produced by the company was to be exported to Great Britain to ensure a cheap reliable supply of British wool which at that time was being outpriced by German imports.
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visit to the Burwood estate in 1842, Mitchell announced the planned commissioning of tramroad tunnels, Australia’s first two railway tunnels, through Burwood ridge (or bluff).
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believed the cost of the prosecutions should be paid for by the Australian Agricultural Company. In 1847, the NSW Legislative Council created the Coal Inquiry and appointed a
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On 10 December 1831 the Australian Agricultural Company officially opened Australia's first railway, located at the intersection of Brown & Church Streets,
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was appointed general superintendent of the company. The pioneering settlers of the area were ordered to leave and paid little from the company for their properties.
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the company refused to allow Mitchell to transport coal by rail across its land. Mitchell successfully lobbied the government again by having New South Wales' first
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Among the principal members of this company were the Attorney-General and the Solicitor-General of England, 28 members of Parliament, including Mr. Brougham, and
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Between 1835 and 1850, the AACo was involved in significant Australian historical law events relating to monopolistic coal mining and private railway access.
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which led to prosecution. The government’s legal advice after this case was that they would have to individually prosecute every illegal mine, which
1467: 597: 387:, where they built the Hebburn Colliery. Because of drought and depression during the 1840s mining created more profit than wool production did. 1324: 832: 398:) per day and a large overseas trade had developed from this mine. In May 1906 the company purchased a half-share in the Aberdare Junction to 315:
the supply of convicts was facing potential limits in the mid-1830s, company directors attempted to source convicts from the city-state of
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Although Mitchell had no legal use of coal, the commissioned tunnel project commenced in 1846 with the cutting line being directly into a
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rights on the Burwood estate, with five mines being quickly established by J & A Brown, Donaldson, Alexander Brown, Nott and Morgan.
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Colony had the Crown Law Officers responsible for the substitution of a grant for the lease not objected and an alternative agreed upon.
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Founder's stock certificate of the Australian Agricultural Company for 5 shares of ÂŁ100 each, issued 14 June 1825, printed on parchment
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to destroy the Australian Agricultural Company’s legal monopoly on coal mining. Prior to these events Mitchell had already approached
801: 304:. The township of West Tamworth adjacent to the present city was the original company-owned business centre for the area. In 1856, 556: 552: 1285: 1001: 374:
The colonial government was not able to manage coal production efficiently. On 3 May 1833 the company received land grants at
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Webber, J.; Wylie, R. F. (March 1968). "Colliery Railways of the Australian Agricultural Company in the Newcastle District".
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On 10 December 2006 a plaque was unveiled on the southern shore of Newcastle Harbour celebrating this event.
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By December 1903 the pit was sending a fully loaded train away each day. By 1912, the output exceeded 2,500
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Perkins, John (1988). "Convict labour and the Australian Agricultural Company". In Nicholas, Stephen (ed.).
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New South Wales Division, 1969, (P/B), National Library of Australia catalogue number AUS 69-2539
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The AACo constructed a total of three gravitational railways: the second was in 1837 to service
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Department of Environment, Climate Change & Water, NSW National Parks and Wildlife Service
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The managing director of AACo. from 1974 to 1988 was Trevor Schmidt, whose family also owned
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Grave stone of John Marland, who died while working in the Hamilton Borehole; located behind
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Australian Dictionary of Dates containing the History of Australasia from 1542 to May, 1879
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that he be permitted to mine and use coal from Burwood estate as fuel for a copper smelter.
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Mitchell was unsuccessful with only his request to use coal as fuel in a copper smelter.
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It is one of Australia's oldest still-operating companies. Its headquarters are today in
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and farms covering around seven million hectares (17 million acres) of land in
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operated by Mr James Brown undercut the AACo's price to supply coal to steamships at
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The AACo's coat-of-arms are affixed to two stone columns erected in Gordon Avenue,
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Short-lived coal monopoly and providing land access: disputes with James Mitchell
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mine was exhausted in July 1846 its railway was directly transferred to form the
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Cattle grazing for the production of beef has long been a focus of the company.
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Australian Agricultural Company plaque on a sandstone column at Learmonth Park,
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The initial million acres selected under the founding charter extended from
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estate of 126,787 ha (313,298 acres), along with the left bank of the
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Since 2022, more than half the shares of AACo have been owned by the
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Because the AACo owned the land between the Burwood estate and the
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Also in 1850, the coal mining monopoly ended with the peal of the
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operated in the district in defiance of the monopoly. A mine near
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connected with the 1831 railway. The gravitational railway from
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Documents and clippings about Australian Agricultural Company
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While Mitchell’s operations were going on, a number of small
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railway, although no hard evidence can support this thought.
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While Leichhardt visited the Burwood estate he drew up the
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flats, and included all of the coastal region north to the
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Agricultural Holdings. The properties had been bought for
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AACo. acquired two properties in the Northern Territory,
1002:"Uncovering and understanding Australia's First Railway" 1448:
Companies listed on the Australian Securities Exchange
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Sandstone columns erected in Gordon Avenue, Hamilton.
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Australian Journal of Multi-disciplinary Engineering
705: 1047:. City of Newcastle. pp. 23–27. Archived from 627:In 2012 the company entered an agreement with the 682:in the Northern Territory. In Queensland it owns 1434: 1283: 952:. Cambridge University Press. pp. 167–168. 802:Nothing to see as Lewis passes 50pc mark at AACo 1265:. Australian Agricultural Company. 16 July 2012 983:Australian Railway Historical Society Bulletin 422:. Privately owned and operated to service the 1350:The Railways of the South Maitland Coalfields 1361:A million pounds A million acres (4,000 km). 1179:"Imported Ores Exemption from Duty Act 1847" 655:27.1 million after R. M. Williams went into 413: 326:and it has been listed (or relisted) on the 172:company that, as of 2018, owns and operates 1130:. Canberra: National Centre of Biography, 831:: CS1 maint: location missing publisher ( 202: 27: 1208:"Burwood and Newcastle Tramroad Act 1850" 1000:Campbell, D.; Brougham, J.; Caldwell, R. 878: 846:Land Companies Helped to Develop Tamworth 812: 810: 779:. Australian Agricultural Company. 2005. 452:and the third was in mid-1842 to service 1453:Australian companies established in 1824 1310: 1286:"Strong station management benefits all" 941: 939: 937: 915: 911: 909: 907: 905: 816: 361: 349: 337: 206: 1468:Australian food and drink organisations 1263:"AACo Joint Venture with Bunuba People" 945: 893: 573:Burwood and Newcastle Tramroad Act 1850 22:Australian Agricultural Company Limited 1435: 887: 807: 1354:Australian Railway Historical Society 1311:Cranston, Matthew (24 October 2013). 934: 902: 738:List of oldest companies in Australia 1394:Branded Beef website - Darling Downs 1288:. Savannah Explorer. Archived from 863:The Bedside Book of Colonial Doings 13: 1443:Agriculture companies of Australia 1426:The Australian National University 1342: 1127:Australian Dictionary of Biography 865:, previously published in 1879 as 608: 368:Christ Church Cathedral, Newcastle 14: 1479: 1373: 819:A million pounds, a million acres 783:from the original on 19 July 2008 522:Newcastle be made a free port and 456:. The gravitational railway from 1389:Branded Beef website - Westholme 804:, Financial Review, Sep 13, 2022 722: 708: 586: 1304: 1277: 1255: 1229: 1217:. Government of New South Wales 1200: 1188:. Government of New South Wales 1171: 1114: 1034: 973: 215:The inquiry into the colony of 151:Australian Agricultural Company 1284:Kathryn Thorburn (June 2005). 1241:Australian National University 1132:Australian National University 872: 855: 839: 795: 769: 1: 1122:"Mitchell, James (1792–1869)" 763: 300:to the south of present-day 195:, the investment vehicle of 77:; 200 years ago 7: 1463:Meat industry organizations 1458:Companies based in Brisbane 1422:Noel Butlin Archives Centre 1408:20th Century Press Archives 1399:Branded Beef website - 1824 852:, 26 February 1940, page 6. 701: 10: 1484: 817:Bairstow, Damaris (2003). 433:on an inclined plane as a 420:Newcastle, New South Wales 255:British East India Company 916:Phillips, Valmai (1984). 879:Pemberton, Penny (1986). 569:Private Act of Parliament 414:Australia's first railway 381:South Maitland coalfields 328:Australian Stock Exchange 302:Tamworth, New South Wales 129: 119: 109: 89: 71: 63: 45: 35: 26: 1313:"AACo buys RMW stations" 918:Enterprising Australians 743:Agriculture in Australia 437:, described as follows: 894:Milliss, Roger (1980). 333: 203:Founding of the company 883:. Canberra: ANU Press. 758:Windy Station Woolshed 446: 371: 359: 347: 212: 1369:magazine, Autumn 2009 1348:Eardley, Gifford H., 1237:"Alroy Downs Station" 629:Bunuba Cattle Company 439: 435:gravitational railway 365: 353: 341: 210: 1054:on 30 September 2011 861:Heaton, J. H. 1984, 753:East Warrah Woolshed 426:coal mine, it was a 237:and incorporated by 67:Beef and agriculture 1367:Australian Heritage 1363:Self-published 2003 1022:on 22 February 2014 949:The Convict Workers 497:Ludwig Leichhardt’s 259:Phillip Parker King 121:Number of employees 23: 1020:(Conference Paper) 748:Avon Downs Station 622:Northern Territory 372: 360: 348: 235:British Parliament 213: 182:Northern Territory 115:David Harris (CEO) 21: 16:Australian company 1359:Bairstow Damaris 1141:978-0-522-84459-7 662:The company owns 645:La Belle Stations 580:Metallic Ores Act 565:Port of Newcastle 517:Metallic Ores Act 147: 146: 1475: 1429: 1385: 1384: 1382:Official website 1337: 1336: 1334: 1332: 1323:. Archived from 1308: 1302: 1301: 1299: 1297: 1281: 1275: 1274: 1272: 1270: 1259: 1253: 1252: 1250: 1248: 1233: 1227: 1226: 1224: 1222: 1212: 1204: 1198: 1197: 1195: 1193: 1183: 1175: 1169: 1168: 1166: 1164: 1118: 1112: 1111: 1109: 1107: 1097: 1089: 1064: 1063: 1061: 1059: 1053: 1046: 1038: 1032: 1031: 1029: 1027: 1021: 1006: 997: 988: 987: 977: 971: 970: 968: 966: 943: 932: 931: 913: 900: 899: 896:City on the Peel 891: 885: 884: 876: 870: 859: 853: 843: 837: 836: 830: 822: 814: 805: 799: 793: 792: 790: 788: 773: 732: 730:Companies portal 727: 726: 725: 718: 716:Australia portal 713: 712: 711: 680:Delamere Station 654: 634:Fitzroy Crossing 557:select committee 553:Governor FitzRoy 515:a repeal of the 383:at Weston, near 268:, embracing the 226:Earl of Bathurst 143: 140: 138: 136: 85: 83: 78: 31: 24: 20: 1483: 1482: 1478: 1477: 1476: 1474: 1473: 1472: 1433: 1432: 1416: 1380: 1379: 1376: 1345: 1343:Further reading 1340: 1330: 1328: 1327:on 14 July 2014 1309: 1305: 1295: 1293: 1292:on 9 March 2015 1282: 1278: 1268: 1266: 1261: 1260: 1256: 1246: 1244: 1243:. 27 April 2011 1235: 1234: 1230: 1220: 1218: 1210: 1206: 1205: 1201: 1191: 1189: 1181: 1177: 1176: 1172: 1162: 1160: 1142: 1120: 1119: 1115: 1105: 1103: 1095: 1091: 1090: 1067: 1057: 1055: 1051: 1044: 1040: 1039: 1035: 1025: 1023: 1019: 1004: 998: 991: 978: 974: 964: 962: 960: 944: 935: 928: 914: 903: 898:. 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Retrieved 771: 692:South Galway 661: 657:receivership 638: 626: 615: 612: 579: 577: 572: 562: 538: 531: 528: 516: 504:stratigraphy 501: 493: 490: 486: 478: 473: 469: 461: 457: 453: 449: 447: 441: 440: 423: 417: 405: 394:(2,540  389: 373: 355: 330:since 2001. 321: 310: 286: 270:Karuah River 263: 244: 214: 190: 154: 150: 148: 90:Headquarters 36:Company type 18: 1215:Legislation 1186:Legislation 618:Alroy Downs 385:Kurri Kurri 247:Joseph Hume 186:beef cattle 1437:Categories 959:0521361265 777:"About Us" 764:References 698:stations. 598:Carrington 511:seeking: 356:Dated 1914 298:Peel River 290:Murrurundi 274:Gloucester 221:John Bigge 178:Queensland 170:Australian 111:Key people 99:Queensland 1150:1833-7538 827:cite book 821:. Sydney. 688:Headingly 534:coal seam 428:cast-iron 392:long tons 376:Newcastle 197:Joe Lewis 104:Australia 48:Traded as 1296:14 March 1269:14 March 1158:70677943 986:: 53–63. 781:Archived 702:See also 696:Wondoola 676:Camfield 641:Welltree 603:Hamilton 571:titled, 408:Hamilton 400:Cessnock 344:Hamilton 324:Brisbane 312:Convicts 180:and the 174:feedlots 95:Brisbane 64:Industry 1410:of the 1406:in the 1331:12 June 1221:13 July 1192:13 July 1163:13 July 1106:13 July 1058:13 July 1026:14 July 965:4 March 787:13 July 684:Canobie 549:Morpeth 317:Hamburg 165:) is a 161::  130:Website 80: ( 72:Founded 56::  1247:7 June 1156:  1148:  1138:  956:  924:  869:, p.18 593:Stroud 292:, and 282:Merino 40:Public 1211:(PDF) 1182:(PDF) 1096:(PDF) 1052:(PDF) 1045:(PDF) 1005:(PDF) 474:C Pit 470:A Pit 462:C Pit 458:B Pit 454:C Pit 450:B Pit 424:A Pit 137:.aaco 1333:2014 1298:2015 1271:2015 1249:2014 1223:2011 1194:2011 1165:2011 1154:OCLC 1146:ISSN 1136:ISBN 1108:2011 1060:2011 1028:2011 967:2013 954:ISBN 922:ISBN 833:link 789:2008 678:and 643:and 334:Coal 228:and 155:AACo 149:The 139:.com 82:1824 75:1824 1412:ZBW 653:A$ 199:. 163:AAC 159:ASX 141:.au 135:www 125:500 58:AAC 54:ASX 1439:: 1420:. 1352:, 1319:. 1315:. 1239:. 1213:. 1184:. 1152:. 1144:. 1134:. 1124:. 1098:. 1068:^ 1011:. 1007:. 992:^ 936:^ 904:^ 848:, 829:}} 825:{{ 809:^ 690:, 686:, 674:, 670:, 666:, 659:. 624:. 319:. 261:. 188:. 157:; 102:, 97:, 1428:. 1335:. 1300:. 1273:. 1251:. 1225:. 1196:. 1167:. 1110:. 1062:. 1030:. 1013:7 969:. 930:. 835:) 791:. 519:; 396:t 370:. 358:. 153:( 84:)

Index


Public
Traded as
ASX
AAC
Brisbane
Queensland
www.aaco.com.au
ASX
AAC
public-listed
Australian
feedlots
Queensland
Northern Territory
beef cattle
Tavistock Group
Joe Lewis
Founder's stock certificate of the Australian Agricultural Company for 5 shares of ÂŁ100 each, issued 14 June 1825, printed on parchment
New South Wales
John Bigge
Earl of Bathurst
John Macarthur
British Parliament
royal charter
Joseph Hume
Bank of England
British East India Company
Phillip Parker King
Port Stephens

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