Article Page 1007 Cyclopedia of New Zealand.

Shared note

Article Page 1007 Cyclopedia of New Zealand.
PENROSE BROS. (Richard John & Edward James Penrose) Bootmakers & importers, Stafford Street Timaru.
This business was founded in 1880 by the late William Penrose. At that time so unpretentious was the establishment that the proprietor & a boy could easily manage all there was to be done. But Mr Penrose soon proved that he possessed keen business capacity, and in a very short time trade showed a marked increase. After a few years the old premises in Stafford Street North were found inadequate, and Mr Penrose decided to remove to more capacious quarters. As the result, a two storey brick building was erected and there the business was conducted for some years. The turnover continued steadily to increase until in 1886, Mr Penrose, through indifferent health, was compelled to give up an active part in the management. It was then that his two sons, Mr RJ Penrose & Mr WJ Penrose took over the business. Both partners were young men with a thorough knowledge of the trade, having gone through the usual apprenticeship. Being good workmen energetic and well known throughout the district the increase in their trade turned their thoughts in the direction of securing premises in the center of the town. It happened that about that time Mr Durand was making extensive alterations in his row of shops, known as Durrand's buildings. The firm decided to secure premises in these desirable buildings, which are situated right in the busiest thoroughfare, and seven years's lease was signed. This was a bold step to take but time has fully justified it. The wisdom of the ventures proved by the way in which the business is extending. The amount of trade is now very considerable. Some idea of the advance made in the last twenty years may be found from the fact that in 1881 the stock was valued at £130 and its present value is over £2000.

Given names Surname Sosa Birth Place Death Age Place Last change
186 6 124 61 Never
Given names Surname Age Given names Surname Age Marriage Place Last change
Media objects
Media Title Individuals Families Sources Last change
Sources
Title Abbreviation Author Publication Individuals Families Media objects Shared notes Last change
Repositories
Repository name Sources Last change
Submitters
Submitter name Individuals Families Last change