GRO0009 – The Pinsent Family

Leamington Spa Courier: Friday 24th May 1907

James Hinks and Son: The eleventh ordinary general meeting of the company was held on Friday last at the works in Great Hampton Street, Mr. Joseph Hinks (chairman) presiding. The balance sheet showed a sum available for distribution amounting to £10,555. The directors proposed to place £650 to the sinking fund for the redemption of buildings, plant etc., to pay a final dividend for the half year at the rate of 12 ½ per cent per annum, free of tax (making 10 per cent for the year), to place £1,000 to the general reserve and to carry forward £3,876 to next year … … (discussion of business) … They had a splendid reputation, they still had a fair market for their goods, and they would not relax their efforts to maintain the business in its present satisfactory condition: Mr. Ross Pinsent seconded the motion, and it was unanimously agreed to. Mr. Ross Pinsent was then re-elected a director, and Messrs. Sharp, Parsons and Co. were re-elected auditors. With a vote of thanks to the chairman the meeting concluded.

Transcribed in whole or part from scanned originals: Presented with or without modified text and punctuation. For absolute accuracy refer to the original newspapers. Source: The British Newspaper Archive.

Referenced

GRO0009 Devonport: Adolphus Ross Pinsent: 1851 – 1929

Railway News: Saturday 21st July 1906

Banquet to General Roca, Ex-President of the Argentine Republic: General Roca was President of the Argentine Republic from 1880-1886, and again from 1898 to 1904, and during his terms of office rendered very great services in developing the resources of the country and in establishing the peace and prosperity of the country on firm basis. In July 1887, when on a visit to this country he was entertained at a banquet and much of the remarkable development that has taken place is due to the keen interest which General Roca has taken in British co-operation. … (description of the state of Argentina) … (a list of attendees at the banquet include) … Mr. Ross Pinsent … representing … The British Bank of South America … …

Referenced

GRO0009 Devonport: Adolphus Ross Pinsent: 1851 – 1929

Leamington Spa Courier: Friday 2nd June 1905

James Hinks and Son: The ninth ordinary general meeting of the shareholders of James Hinks and Son, took place on Friday, at the works, Great Hampton Street, Mr. Joseph Hinks (Chairman of directors) presiding. Messrs. Ross Pinsent and H. Hinks (Directors) were present, as well as Mr. James Hinks, the founder of the firm. … (description of financial results) … In the past they had had many imitators; now they were imitating other people. They took up the manufacture of whatever could be done by their machinery with advantage. Mr. Ross Pinsent seconded the adoption of the report and payment of dividend was agreed to. Mr. Ross Pinsent was unanimously re-elected a director, on the proposition of Mr. Joseph Ash, seconded by Mr. M. Pollack …

Referenced

GRO0009 Devonport: Adolphus Ross Pinsent: 1851 – 1929

Birmingham Daily Gazette: Saturday 27th May 1905

Hinks’s Progress: Birmingham Firm Marches with the Times: Shareholders in James Hinks and Co. Ltd., Great Hampton Street, Birmingham did not attend the annual meeting yesterday in large numbers, a sign that the report and balance sheet was eminently satisfactory. Mr. Joseph Hinks was in the chair and other Directors, Mr. Ross Pinsent and Mr. Harry Hinks supported him. … (discussion) … Mr. Ross Pinsent seconded the adoption of the report and payment of dividend, which was agreed to, and he was then re-elected a director. … [GRO0009 Devonport]

Referenced

GRO0009 Devonport: Adolphus Ross Pinsent: 1851 – 1929

Yorkshire Post and Leeds Intelligencer: Saturday 28th May 1904

James Hinks and Son (Ltd): Germans Capture the Indian Market: The eighth annual meeting of Jas. Hinks and Son (Ltd.), makers of lamps and electric light fittings, was held at Birmingham yesterday. Mr. Jas. Hinks presided. The balance-sheet showed a divisible profit of £9,481, and dividend of 10 per cent, and a bonus of 1 percent, were declared, leaving £3,130 to carry forward. The Chairman said the bonus might have been 2 ½ per cent, but for depreciation in the value of investments. The balance-sheet he regarded as very satisfactory in view of the fierce competition which had prevailed and having regard to the fact that during the last ten or twelve years the nature of the company’s business had entirely changed. He did not know if Mr. Chamberlain’s proposals for fiscal reform would be carried, but he sincerely hoped they would, because it would mean the salvation of many British trades and return to the days when it was easier to make a profit £20,000 or £30,000 than it was now to make £10,000. In those days, America was one our best customers for lamps, and even the tariff of 23 per cent, which the United States imposed did not shut out the British maker, but now that the tariff was raised to 60 per cent, they were effectively excluded. India was also a good customer, but now they were under-sold there by the Germans, whose industry was protected at home, and the large profits they made there enabled them to sell their surplus manufacture in India at ridiculously low prices without a loss. One German firm alone sold in Bombay annually £30,000 of lamps prices which could not cover the cost of production, and so robbed Great Britain of her natural trade with her Dependencies. Mr. Ross Pinsent, a former foreign merchant, heartily endorsed Chairman’s observations on the effect of hostile tariffs.

Referenced

GRO0009 Devonport: Adolphus Ross Pinsent: 1851 – 1929

Leamington Spa Courier: Friday 29th May 1903

James Hinks and Company: The annual meeting of the shareholders in this company was held on Friday at the offices of the company, Great Hampton Street, Birmingham, the directors present being, Mr. Joseph Hinks (Chairman), Mr. Ross Pinsent, and Mr. Harry Hinks (Managing Director). The statement of accounts and balance-sheet submitted showed net; profits for the year £7,987 16s 5d, which, together with the balance brought forward from last year, amounted to £10,928 17s 8d. A half-yearly dividend of 71/2 per cent, per annum had already been paid on the old capital of the company, absorbing £2,357 3s 1d, and the directors; now proposed to pay a final dividend 171/2 per cent, for the half year on the reduced capital, and after making, provision for sinking fund and general reserve, to carry forward the balance, £2,975 7s, to next year. In moving the adoption of the report and balance sheet, the Chairman said he still had the pleasure of announcing a satisfactory and successful state of affairs. Not only had, the shareholders had 25 per cent of the amount of their original holding returned to them by the reduction of capital, but as much money was now being distributed in dividend as before the reduction. In taking stock everything that did not appear in their latest catalogue had been put at so low a price that it could easily be realised, and their machinery stood in their books at breaking-up prices. The whole of their goodwill had paid off, and altogether they were in a very happy position. The report and account were unanimously passed, and Mr. Pinsent was re-elected a director.

Referenced

GRO0009 Devonport: Adolphus Ross Pinsent: 1851 – 1929

Acton Gazette: Tuesday 22nd July 1902

Golf: Wembley Club: The competition of the monthly medals resulted as follows: First Division … Second Division: Mr. R. Poulter, 79 net and Mr. Ross Pincent, 79 net, tied.

Referenced

GRO0009 Devonport: Adolphus Ross Pinsent: 1851 – 1929

Middlesex and Surrey Express: Wednesday 9th July 1902

Golf: Wembley Club: The competition for the monthly medals resulted as follows: First Division; Mr. A. W. Bateson, 79 net, and Mr. C. E. Dudley, 79 net, tied: Second Division: Mr. R. Poulter, 79 net, and Mr. Ross Pincent, 79 net, tied:

Referenced

GRO0009 Devonport: Adolphus Ross Pinsent: 1851 – 1929

Leamington Spa Courier: Friday 27th June 1902

Local News: … James Hinks and son Limited: An extraordinary general meeting was held at the Company’s offices on Friday. The attendance was not large. The directors present were Mr. Moss Pinsent (sic – Ross) and Mr. Harry Hinks: Mr. Pinsent, who presided, moved a resolution to the effect “that the capital of the company be reduced from £80,000 divided into 80,000 shares of £1 each to £60,000 divided into 80,000 shares of 15s each, by returning to the holders of the 67,048 shares that have been issued paid-up capital to the extent of five shillings per share.” …

Referenced

GRO0009 Devonport: Adolphus Ross Pinsent: 1851 – 1929

Leamington Spa Courier: Friday 16th May 1902

James Hinks and Son Limited: Mr. Joseph Hinks, J.P. presided at the sixth annual meeting of the shareholders of this company, held at the offices of the Company, Great Hampton Street, Birmingham, on Wednesday morning … (discussion of a reserve fund) …. Mr. Pinsent seconded the motion, which was carried, and Mr. J. Hinks and Mr. Pinsent were re-elected Directors. During the proceedings Mr. Pinsent made reference to the death of Captain Hinks. The news, he said, had only just reached Mr. Hinks and his wife, and nothing less than a strong sense of duty would have induced him to be present at that meeting. Mr. Pinsent moved a vote of condolence with Mr. and Mrs. Hinks in their bereavement …

Referenced

GRO0009 Devonport: Adolphus Ross Pinsent: 1851 – 1929