Financial and Investment Documents of M.A. Jinnah, 1947-1948

Sub title : Dividend Warrants, Share Certificates, and Banking Transactions as Governor-General of Pakistan

Subject: M.A. Jinnah | Personal Investments | Dividend Warrants | Shareholdings

Date of publication: 1947

Language: English

Page: 23 p.

Source: National Archives of Pakistan

Serial no: 27492

Keyword: M.A. Jinnah — Quaid-e-Azam — Governor-General of Pakistan | Dividend Warrants — Share Certificates — Investments — Karachi Electric Supply Corporation | Indian Iron and Steel Co. — Lloyds Bank | Mahomed Ali & Co. — Post-Partition Finance — 1948

Abstract: This collection from 1947-1948 details the investment portfolio and financial management of M.A. Jinnah during his tenure as the first Governor-General of Pakistan. It consists primarily of dividend warrants and related correspondence from a diverse range of companies in which he held shares, including The Indian Iron and Steel Co., Angelo Bros., The Karachi Electric Supply Corporation, and several Hyderabad-based firms like The Azam Jahi Mills and The Sirpur Paper Mills. The documents show substantial dividend income being managed and deposited into his accounts. A letter from his solicitors, Mahomed Ali & Co., to Miss Jinnah regarding share scripts, and a detailed banking instruction from Jinnah himself to Lloyds Bank listing multiple cheques and dividend warrants for deposit, provide insight into the active management of his considerable personal wealth amidst his monumental state responsibilities.

Description: This file contains a comprehensive set of financial documents from 1947-1948 pertaining to M.A. Jinnah's personal investments and banking activities. The collection vividly illustrates his status as a significant shareholder in numerous industrial and utility companies across India and Pakistan. The dividend warrants, some from newly Pakistani entities like the Karachi Electric Supply Corporation, and others from Indian and Hyderabad-based companies, highlight the continuity and complexity of his financial interests across the new border. A key document is a detailed letter from Jinnah to his bank, meticulously listing nine different financial instruments for deposit, showcasing his hands-on approach to managing his finances even while leading a new nation. SCANNED BY: NATIONAL ARCHIVES OF PAKISTAN.

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