The Hastings and St Leonards-on-Sea
Public Baths & Aquarium Company, Limited:
1881 Debenture No.36

Debenture No.36

By 1880, the year in which the company built and opened that part of the complex which housed the Turkish baths, 225 shareholders had bought 4,315 shares at £10 each. The cost of the completed baths was said to have been in the region of £60,000 leaving a considerable shortfall. The Board therefore decided to try to raise further funds by the issue of a debenture of £15,000 in £50 bonds.

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The Hastings and St Leonards Public Baths & Aquarium Company Limited

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Victorian Turkish Baths: their origin, development, and gradual decline

 
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