Achalen Woolliscroft Palfreyman

Achalen Woolliscroft Palfreyman

Male 1875 - 1967  (92 years)

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  • Name Achalen Woolliscroft Palfreyman 
    Born 21 Jul 1875  Wynyard, Tasmania, Austrilia Find all individuals with events at this location  [1, 2
    Gender Male 
    Residence 1944  Clovelly, Lansell Road, Toorak, Melbourne, Victoria, Australia Find all individuals with events at this location  [3
    Residence 1947  Clovelly, Lansell Road, Toorak, Melbourne, Victoria, Australia Find all individuals with events at this location  [3
    Residence 1950  Clovelly, Lansell Road, Toorak, Melbourne, Victoria, Australia Find all individuals with events at this location  [4
    Occupation 1889-1965  Australia Find all individuals with events at this location 
    • Business executive. Palfreyman joined Gorge Peacock's (qv) jam factory about 1889. In 1891 he formed a partnership with (Sir) Henry Jones and Peacock's son Ernest (qqv) to take over the factory. He later became chairman of Henry Jones Co
    Died 24 Oct 1967  Toorak, Victoria, Australia Find all individuals with events at this location  [2, 5, 6
    Obituary 26 Oct 1967  Canberra, Victoria, Australia Find all individuals with events at this location  [7
    • 'Richest' man dies at 93-MELBOURNE, Wednesday. — Mr Achalen Woolliscroft Palfreyman, who left school at 14 and was paid 25c a week in his first job as a cadet reporter on a Tasmanian newspaper, died here to day, aged 93. He is believed to have been Australia's wealthiest man.-Mr Palfreyman, of Lansell Road, Toorak, was chairman of directors of Henry Jones Co-operative Ltd, the jam and fruit-preserving combine, for 43 years and a director for 74 years, having been appointed a director at 16.-Henry Jones Ltd controls 37 international subsidiaries, employs more than 15,000 and has an annual turnover of more than $40 million.-Mr Palfreyman retired in 1965 when he turned 91, but retained his large share holdings in the company. He is believed also to have had the largest individual holdings in both Broken Hill Proprietary Co Ltd. Australia's biggest, richest company, and in the Colon and Sugar Refining Co Ltd, another giant.-Mr Palfreyman was born in Hobart, one of the 17 children of a non-denominational minister and school teacher. When he was 16, he and two other employees, one of them Mr (later Sir) Henry Jones, bought the jam factory. The turnover was about $30,000 a year end the new owners paid for their purchase out of profits.
    Buried 27 Oct 1967  Springvale Botanical Cemetery, Princes Highway, Springvale, Victoria, Australia Find all individuals with events at this location  [2
    • cremation
    Notes 
    • Achalen Woolliscroft Palfreyman (1875-1967), businessman, was born on 21 July 1875 at Wynyard, Tasmania, son of Rev. Isaac Hardcastle Palfreyman and his wife Martha Lucy, née Albury. One of a family of seventeen he was educated at his father's Hobart private school. At 14 he began work as a newspaper cadet but soon became office-boy at George Peacock's jam factory. The main reason for this success was his ability to play the organ for factory morning prayers: later he was also a strong baritone.
      In 1891 Palfreyman, (Sir) Henry Jones and Peacock's son Ernest formed a partnership to take over the factory, Palfreyman persuading his father to invest £500 to make him an equal partner. He was regarded as a business prodigy with an uncanny mastery of book-keeping and the firm's day-to-day affairs. In 1898 he joined another of George Peacock's sons, William, in Sydney in a firm which became the Australasian Jam Co. Pty Ltd; in 1901 he moved to Melbourne, having married Ellen Gwendoline Reid, at his father's undenominational King Street Church, North Hobart, on 28 March 1900.
      The Hobart partnership was replaced in 1903 by a limited liability company, H. Jones & Co. Pty Ltd, and in November 1909 a Melbourne-based holding company, Henry Jones Co-operative Ltd, took over H. Jones & Co., Australasian Jam Co. and two other Sydney businesses. The group organization, which eventually extended to South Africa, New Zealand and every Australian State, was criticized as monopolistic, yet in fact did not pursue policies harmful to the consuming public. On Jones's death in 1926 Palfreyman was appointed chairman, a position he retained until 1965. A firm believer in manufacturing only the best quality goods, he was highly regarded as a businessman. He saw the co-operative's activities broaden to cover the growing, processing and exporting of fruit, sawmilling, hops and vegetable growing, cattle and sheep raising, flour milling, insurance, shipping and broadcasting.
      Like Jones, Palfreyman invested in the IXL Prospecting Co. and the Tongkah Harbour Tin Dredging Co. His company, Consolidated Tin Dredging, later taken over by Ready Mixed Concrete, pioneered the recovery of tin in the Malay States by bucket dredges. He was also a director of Victorian Construction Pty Ltd which built the Oodnadatta-Alice Springs Railway and he was involved with the Timms Bridge Construction Co. which partially built the Hobart floating arch bridge in 1938. He was a director of the Commercial Bank of Australia and was reputedly the largest individual shareholder in Broken Hill Proprietary Co. Ltd.
      Charming, dignified and warm-hearted, Palfreyman was of average height, slim build and immaculate dress. Confident and articulate, he read widely, was a great letter-writer and had a special interest in language. Neither a club man nor a participant in community affairs, he indulged in horseracing under the name 'A. Woolliscroft', winning the Australian Cup with Defence, last son of Carbine, in 1918. Later he raced in partnership with (Sir) Eugene Gorman.
      Palfreyman died on 24 October 1967 at his 14-acre (5.7 ha) home Clovelly, Toorak, and was cremated; he was survived by one of his two daughters. Believed to have been one of Australia's wealthiest men, he left an estate valued for probate at $6,622,975. [8]
    Person ID I11509  Williscroft | The Alton Families
    Last Modified 29 Aug 2016 

    Father Isaac Hardcastle Palfreyman,   b. 1835, Hartington, Derbyshire, England Find all individuals with events at this location,   d. 3 Jun 1921, Holbart, Tasmania, Australia Find all individuals with events at this location  (Age 86 years) 
    Mother Martha Lucy Albury,   b. Abt 1847, Reading, Berkshire Find all individuals with events at this location,   d. 10 Nov 1930, Holbart, Tasmania, Australia Find all individuals with events at this location  (Age ~ 83 years) 
    Married 29 Mar 1867  Brighton, Bourke, Victoria, Australia Find all individuals with events at this location 
    Family ID F2883  Group Sheet  |  Family Chart

    Family Ellen Gwendolen Reid,   b. Abt 1876,   d. 16 Oct 1905, Elsternwick, Baraclava, Victoria, Australia Find all individuals with events at this location  (Age ~ 29 years) 
    Married 28 Mar 1900  Holbart, Tasmania, Australia Find all individuals with events at this location  [9
    Children 
     1. Gwendolen Lucy Palfreyman,   b. 1903, Elsternwick, Baraclava, Victoria, Australia Find all individuals with events at this location
    Last Modified 27 Jun 2017 
    Family ID F2757  Group Sheet  |  Family Chart

  • Event Map
    Link to Google MapsMarried - 28 Mar 1900 - Holbart, Tasmania, Australia Link to Google Earth
    Link to Google MapsResidence - 1944 - Clovelly, Lansell Road, Toorak, Melbourne, Victoria, Australia Link to Google Earth
    Link to Google MapsResidence - 1947 - Clovelly, Lansell Road, Toorak, Melbourne, Victoria, Australia Link to Google Earth
    Link to Google MapsResidence - 1950 - Clovelly, Lansell Road, Toorak, Melbourne, Victoria, Australia Link to Google Earth
    Link to Google MapsOccupation - 1889-1965 - Australia Link to Google Earth
    Link to Google MapsDied - 24 Oct 1967 - Toorak, Victoria, Australia Link to Google Earth
    Link to Google MapsObituary - 26 Oct 1967 - Canberra, Victoria, Australia Link to Google Earth
     = Link to Google Earth 

  • Photos
    Achalen Woolliscroft Palfreyman
1875-1967
    Achalen Woolliscroft Palfreyman 1875-1967

  • Sources 
    1. [S66] Canadian Passenger Lists, 1865-1935, ( [database on-line]. Provo, UT, USA: Ancestry.com Operations Inc, 2010).

    2. [S256] Palfreyman, Achalen Woolliscroft (1875–1967), James G. Cooper, (Australian Dictionary of Biography, National Centre of Biography, Australian National University, published first in hardcopy 1988).

    3. [S805] Who’s Who in Australia, 1921-1950, ([database on-line]. Provo, UT, USA: Ancestry.com Operations Inc, 2006.).

    4. [S805] Who’s Who in Australia, 1921-1950, ([database on-line]. Provo, UT, USA: Ancestry.com Operations Inc, 2006.), p558.

    5. [S12] Newspaper Article, The Canberra Times (ACT - 1926 - 1995) Thursday 26 October 1967 p 13 .

    6. [S12] Newspaper Article, The Times, Oct 26, 1967, pg12, Issue 57082, col G.

    7. [S12] Newspaper Article, The Canberra Times (ACT - 1926 - 1995) Thursday 26 October 1967 p 13 Article.

    8. [S256] Palfreyman, Achalen Woolliscroft (1875–1967), James G. Cooper, (Australian Dictionary of Biography, National Centre of Biography, Australian National University, published first in hardcopy 1988), http:&|;&|;adb.anu.edu.au&|;biography&|;palfreyman-achalen-woolliscroft-7945&|;text13829.

    9. [S805] Who’s Who in Australia, 1921-1950, ([database on-line]. Provo, UT, USA: Ancestry.com Operations Inc, 2006.), 1944,1947 & 1950 editions.