Company name: Fraser Sons & Co
Dates in business: 1875-1909
Company name: Frasers
Dates in business: 1849 to date
Type of business: drapers
Type of company: Partnership
Locations:Management of company
The business was initially administered by James Arthur Fraser, Hugh Fraser's eldest son, alongside Hugh Fraser's trustees: Jane Bunting, his widow, Matthew Pettigrew, Murray Cowbrough and John Snodgrass. The trustees appointed an experienced draper, John Towers, as managing partner. Two of Hugh Fraser's other sons, John and Hugh Fraser, subsequently joined the partnership, John in 1884 and Hugh in 1887. In 1892, the trustees determined to transfer Fraser Sons & Co to James, John and Hugh. This was delayed by a court case in which Hugh Fraser's remaining sons, David and Matthew, contested the transfer. The trustees took the case to the Court of Session in Edinburgh, and, in January 1894, the lords judged that David and Matthew Fraser were not entitled to demand assumption as partners and that the business and property might be transferred to James, John and Hugh Fraser in its entirety. Consequently, during the summer of 1894, the existing co-partnership was dissolved and the three brothers commenced in business as sole partners. In November 1905, John Fraser withdrew from the business. In February 1906, James Fraser retired on grounds of ill health, leaving Hugh Fraser in sole command.
Company history
Fraser Sons & Co was established in 1875 to carry on the business of Fraser & McLaren, drapers, of Glasgow, following the retirement of Alexander McLaren from the partnership.
The partners sold drapery, house furnishings and carpets and owned warehouses on a site between Argyle Street and Buchanan Street. Business was sluggish for the first few years after 1875. In 1878, the situation was made worse by the collapse of the City of Glasgow Bank which precipitated a general commercial collapse. Between 1879 and 1882, the partners suffered severe trading losses. Business picked up in 1883 but losses were again incurred between 1885 and 1888. On 14 October 1888, a fire destroyed the west wing of the Buchanan Street warehouse and business was suspended in the surviving Argyle Street building. Rebuilding began in January 1889 and the opportunity was taken to build in more modern fittings including electric lighting and heating. The new warehouse, occupying the same site between Argyle Street and Buchanan Street, was opened in October 1889. In 1890, the Argyle Street entrance was substantially altered to fit in with the new frontage on Buchanan Street. In 1897, the partners inaugurated a bonus scheme for staff, and sales increased substantially during 1898. In 1903, the Argyle Street frontage was altered again, in order to attract new custom. In 1906, the partners embarked upon an extensive refurbishment programme, erecting fitting rooms and a new dress and costume salon and redecorating the warehouse. Due to this timely refurbishment , the partners were able to weather the local recession of 1907 to 1909.
On 26 May 1909, Fraser Sons & Co was registered as a private limited liability company, becoming Fraser Sons & Co Ltd.
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Access points: Drapers - Furnishers - Retail trade