Tag Archives: Swan

1936/7 Nalder & Collyer’s sale to Ind Coope

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Brewery Distribution

An unusual linking of brewery interest is brought to notice by an announcement to-day from Nalder & Collyer’s Brewery Co. (Ltd.) This Company has a capital of £660,000 in £130,000 Ordinary and £530,000 Preference shares. Practically all the Ordinary and 90 per cent, of the Preference are held by the City of London Brewery and Investment Trust (Ltd.) This latter, now mainly an investment trust, has a considerable holding in Ind Coope & Allsopp (Ltd.) and also an indirect interest in Ind Coope through Nalder & Collyer, which in March last year sold a number of its properties to Ind Coope & Allsopp (Ltd.) for a total consideration of £2,200,353, paid partly in cash and partly in Ind Coope Debentures, Preference, and Ordinary stocks.

The directors of Nalder & Collyer are now going to distribute part of the Ind Coope Ordinary to the Company’s Ordinary shareholders and the bulk of these shares will of course go to the City of London Brewery and Investment Trust (Ltd.) For every £10 Nalder & Collyer Ordinary will be given £2 of Ind Coope Ordinary, making the total distribution £26,000 nominal, worth at the current market price £162,500. Accompanying this announcement is a final dividend of 20 per cent plus a 10 per cent cash bonus, making, with the interim of 25 per cent., a total of 55 per cent, as before, which of course also goes mainly to the controlling company. There is a free market in City of London Brewery 5s Deferred Ordinary units now standing around 20s. a price which indicates long-standing hopes of a capital bonus. Last year’s dividend was only 6 per cent. The next accounts are to June 30 next and are due in July.

Source: The Scotsman – Friday 07 May 1937 from the British Newspaper Archive (subscription required)

Nalder & Collyer owned the Horse and Groom, Kings Head (later Burn Bullock), Ravensbury Arms, Three Kings, Swan, Windmill.

Eveline Villas

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Two terraces, each of five shops with flats above, on the west side of London Road, divided by Eveline Road, which is at the junction with Streatham Road and Locks Lane.

In the 1915 street directory, the houses were shown as numbered from south to north: from 1 to 5 and then 6 to 10:

1, Ernest McINTYRE, M.R.C.S., L.R.C.P., Lond., physician & surgeon (surgery)
2, William Henry CURTIS
3, Thomas Henry BAND
4, Ernest Alfred ARTHUR
5,
6, Henry Thomas HENCHER
7, Henry HORNCASTLE
8, Hugh ANDERSON
9, Mrs COOK
10, Charles Alexander HURRELL

(Occupant for number 5 wasn’t given in the 1915 directory.)

Planning application no. 614 submitted by H. DALE was approved January 1925 for conversion of numbers 3,4 and 5 to shops. (Mitcham UDC minutes, volume XI, page 560).

In the 1925 street directory:

1, Miss L. FROUDE, confectioner
2, Ernest REEVE, butcher
3, J.W. AUSTIN & Son, provision dealers
4,
5, Sidney BOREHAM
6, Charles LATHAM
7, William DRAKEFORD
8, Hugh ANDERSON
9, Ernest Alfred ARTHUR
10, William Arthur BLEACH

(Occupant for number 4 wasn’t given in the 1925 directory.)

Between 1925 and 1930, these houses were renumbered as part of London Road, north to south, 154 to 162, and 164 to 172.

In the 1930 commercial directory, the shop on the north corner with Eveline Road, originally numbered 6 Eveline Villas, is shown as no. 162 London Road:

The Swan Radio Co., wireless dealers, 162 London Road. Telephone 4009

1934 ad

1934 ad

1951 OS Map

1951 OS Map

There are two Merton Memories Photos from 1929, one looking north, the other, to the south.

World War 1 Connections
Private Francis Norton Drakeford

From the Surrey Recruitment Registers:

W A BLEACH of 1 Eveline Villas, aged 39 Years 10 Months, Carpenter. Volunteered with the Derby Scheme on 11 December 1915 to the Middlesex Regiment.

W S WHITE of 3 Eveline Villas, aged 33 Years 2 Months, Glazier. Conscripted on 10 May 1917 to the Royal Army Medical Corps.

Maps are reproduced with the permission of the National Library of Scotland.