Records of Dowanhill Estate Co Ltd, property managers, Glasgow, Scotland

• Plans 1874-1899
• Administrative records 1874-1944
• Financial records 1880-1972

In 1853  John Buchanan sold the estate of Dowanhill, Glasgow, Scotland, to Thomas Lucas Paterson (b. 1811), who undertook some residential development on the estate between 1853 and 1873  . In 1874  Thomas Paterson's mercantile business, T L Paterson & Co, ceased trading and went into liquidation. His entire estate was given into trust for his creditors. However, he soon managed to persuade them to release him the unfeued lands at Dowanhill following his arrangement of a loan of £55,000 from the Scottish Union Insurance Co and of a large investment from Robert Cassels, with whom he entered into a joint venture. The venture did not succeed and in 1888  he was declared bankrupt once again. At this time, an agreement was reached with Union Bank of Scotland (the creditors' trustees) and Thomas Paterson's partners in the joint venture whereby £40,000 was paid to the partners by the issue of preference shares in a new company, the Dowanhill Estate Co Ltd . The company ceased trading in 1902  and went into voluntary liquidation in 1914  . It was administered by Messrs Maclay, Murray & Spens before being finally wound up some time after 1964  .

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GB 248 UGD 087 Records of T L Paterson Trust

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Compiled by Jenny Cooknell , Assistant Archivist, 28 June 1999

System of arrangement element updated by Jenny Cooknell , Archivist, 22 July 1999

Updated by Lesley Richmond , Acting Director, 23 March 2000

Updated by David Powell, Hub Project Archivist, 1 March 2002