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What is the Great Western Railway shareholders index?

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What is the Great Western Railway shareholders index?

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This is not an index of railway staff, but of shareholders in the railway. The Society of Genealogists produced its GWR Shareholders Index from ledgers created by the Great Western Railway and now in the Society’s possession. The Great Western Railway’s original ledgers were compiled by the company for transactions relating to all shareholdings which changed hands other than by simple sale. The GWR called the ledgers Probate Books, which reflects the fact that the great majority of such share transfers (approximately 95%) were as a result of the death of a shareholder and their shares changing hands during the administration of the deceased’s estate. The proportion of the GWR’s total number of shareholders included in the Society of Genealogists’ GWR Shareholders Index is not known but is estimated to be between 50% and 75%; this is because the railway shares were regarded as gilt-edged stock to be held for the long term. The index currently contains details for approximately 440,000 i

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