The Bank of Australia, a joint stock company, was established in Sydney in 1826 and reconstructed in 1833. In 1843 the bank was in difficulties, a large portion of its liabilities having arisen from transactions with the firm of Hughes and Hosking. In 1845 a bill was passed to enable the Bank of Australia to dispose of certain real and personal property by lottery, and lotteries were held in 1848 and 1849.
From the description of Lottery ticket. 1849. (Libraries Australia). WorldCat record id: 222377796
From the description of Second and final drawing in the equitable partition of the valuable properties of the Bank of Australia : [manuscript] to be drawn for in lots, by the holders of the tickets on 9 Apr. 1849. 1849. (Libraries Australia). WorldCat record id: 222221803
The Bank of Australia, a joint stock company, was established in Sydney in 1826 and reconstructed in 1833. In 1843 the Bank was in difficulties, a large portion of its liabilities having arisen from transactions with the firm of Hughes and Hosking. In 1845 a Bill was passed to enable the Bank of Australia to dispose of certain real and personal property by lottery, and lotteries were held in 1848 and 1849. John Cuthbert, 1815-1874, was a shipbuilder at Millers Point and Darling Harbour in Sydney, N.S.W.
From the description of Records [manuscript]. (Libraries Australia). WorldCat record id: 225773828
