History
In 1872, Caleb Soul and his son Washington opened their first store at 177 Pitt Street, Sydney, trading as Washington H. Soul and Co. They later moved to 158-160 Pitt Street.
Lewy Pattinson emigrated to Australia in 1881 after hearing of Soul's success and became good friends with him. They were never in competition in business, and in the early 1900s, the Souls asked Pattinson to buy their business. As a result, Pattinson and Co. bought out Washington H. Soul and Co. and the entity became Washington H. Soul Pattinson and Company Limited, the company named out of respect for Pattinson's friend.
The first public offering of shares was in December 1902, and Washington H. Soul Pattinson and Company Limited was listed on the Sydney Stock Exchange (now the Australian Stock Exchange) on 21 January 1903. WHSP celebrated one hundred years as a listed public company in 2002 and is Australia's second-oldest public company and it's headquarters remain at 160 Pitt Street Mall, Sydney.
Read more about this topic: Washington H. Soul Pattinson
Famous quotes containing the word history:
“There has never been in history another such culture as the Western civilization M a culture which has practiced the belief that the physical and social environment of man is subject to rational manipulation and that history is subject to the will and action of man; whereas central to the traditional cultures of the rivals of Western civilization, those of Africa and Asia, is a belief that it is environment that dominates man.”
—Ishmael Reed (b. 1938)
“I believe that history has shape, order, and meaning; that exceptional men, as much as economic forces, produce change; and that passé abstractions like beauty, nobility, and greatness have a shifting but continuing validity.”
—Camille Paglia (b. 1947)
“Classes struggle, some classes triumph, others are eliminated. Such is history; such is the history of civilization for thousands of years.”
—Mao Zedong (1893–1976)