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The Australian Agricultural Company (AA Co) is a company which serves to improve beef cattle production through responsible natural resource and land use. Founded in 1824 through an Act of the British Parliament, with the right to select 1,000,000 acres (4,047 km2) in New South Wales for agricultural development, it is one of Australia's oldest still-operating companies. Its headquarters are today in Brisbane and it has been listed (or relisted) on the Australian Stock Exchange since 2001.
[edit] GeneralAmongst the principal members of this company were the Attorney-General and the Solicitor-General of England, 28 Members of Parliament, including Mr. Brougham, and Mr. Joseph Hume, the Governor, Deputy Governor and eight of the directors of the Bank of England; the Chairman and Deputy-Chairman and five directors of the British East India Company, besides many other eminent bankers and merchants of England. All shares were speedily taken up apart from 500 which were reserved. Sir William Edward Parry, the Arctic Navigator, arrived with Lady Parry, from London, in the William, to take charge of the Australian Agricultural Company's property Tahlee in New South Wales on 24 December 1829.[1] The area selected under the founding charter extended from Port Stephens, embracing the Karuah River valley, to the Gloucester flats, and to the Manning River, including most of the northern shore of Port Stephens, extending to 464,640 acres (1,880 km2). The company had commenced its operations in order to improve flocks of Merino sheep in New South Wales. 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, 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 249,600 acres (1,010 km2), west of Murrurundi, and Goonoo Goonoo estate of 313,298 acres (1,268 km2), along with the left bank of the Peel River to the south of present-day Tamworth, New South Wales. The township of West Tamworth adjacent to the present city was the original company-owned business centre for the area. In 1856, Arthur Hodgson was appointed general superintendent of the company. [edit] Coal
On 3 May 1833 the company received land grants at Newcastle totaling 1,920 acres (8 km2) 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 1,280 acres (5 km2) of freehold and 3,131 acres (13 km2) of leasehold land on the South Maitland coalfields at Weston, near Kurri Kurri, where they built the Hebburn Colliery. By December 1903 the pit was sending a fully loaded train away each day. By 1912, the output exceeded 2,500 long tons (2,540 t) 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 Cessnock railway for £40,000 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. The AA Co's coat-of-arms are affixed to two stone columns erected in Gordon Avenue, Hamilton (originally known as Pittown, Borehole or Happy Flat)—Located on the corners Learmonth park (Alexander St and Gordon Ave, and Jenner Pde and Gordon Ave)—in an area once known as Newcastle's Garden Suburb. On 10 December 1831 the Australian Agricultural Company officially opened Australia's first railway[2]. On 10 December 2006 a plaque was unveiled on the southern shore of Newcastle Habour celebrating this event. As of July 2008 it had a staff of 500 and operates 24 cattle stations and 2 feed lots, consisting of over 565,000 beef cattle.[3] [edit] Company towns[edit] Gallery
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