Reference: NLW MS 4617E
A register of shareholders of the American Branch of the Welsh Colonising and General Trading Company, 1871-1873.
In the 1860s, Michael D. Jones, along with others who were dissatisfied with the social conditions in their home country, set out on a venture to establish a Welsh colony in Patagonia, South America.
The Welsh Colonising and General Trading Company was founded, and Michael D. Jones was elected Chairman. He invested financially in the scheme but was declared bankrupt because of the debts that he had incurred, which resulted in the sale of his home.
Among the objectives of the Welsh Colonising and General Trading Company Limited, based in Record Street, Ruthin, Denbighshire were: