Own Companies:
1880 - Zuid-Afrikaansche en Oranje Vrijstaatsche Kolen en Mineralen Mijn Vereeniging (converted to Vereeniging Estates in 1897). 1880-81 - Opening of Du Toitspan diamond mine - leads to revitalising of Kimberley Mining Company. 1882-83 - Eerste Fabrieken Hatherley Distillery (Company founded in 1882, factory opened in 1883). 1890 - Vereeniging Brick and Tile Company (Converted later to Vereeniging Refractories). 1894 - Vereeniging Milling Company (Later Vereeniging Consolidated Mills). 1894 - Swaziland Corporation. 1895 - South African Republic Fruit and Meat Preserving Works, Hatherley. 1896 - (Pretoria?) Glass Works, Hatherley. 1904 - African and European Investment Co. Ltd., taken over by Anglo American, 1945. 1905 - Robert Victor Diamond Mine (Sold to De Beers, 1913). 1911 - Union Steel Company (now USCO).
His many coal interests were consolidated in 1936 as Amalgamated Collieries of South Africa Limited.
Shares in Companies:
1877 - Kimberley Mining Company founded in conjunction with the Paddon Brothers. 1879 - Above company joined up with Jules Porges and became the Compagnie Francaise des Mines du Diamants du Cap - the French Company. (First South African diamond company opened for European investment) 1880 - Sold most of his shares in the French Company. 1886 - Acquired shares in Sheba gold mine, Barberton. Gradually increased percentage of shareholding to become the biggest shareholder at the end of the decade. 1893-94 - Bought a 50% share of the Irene Estates of the deceased Nellmapius, Rand Mines the other half. Sold to Bertie van der Bijl in 1920. 1894 - South African United Breweries. 1896 - Bought ten founders shares in De Eerste Zuidelike Nationale Bank (Founded 1891). 1899 - Bought four founders shares in De Eerste Zuidelike Nationale Bank. 1902 - Imperial Cold Storage is founded with Barnato-JCI and De Beers, today known as J.C.S. 1906 - Victoria Falls Power Company (Became Vereeniging Power Station; started production in 1912)
According to M Robertson, Marks was also interested in cement and diamond concessions of Eduart Lippert.
Appointments:
1905 - Honorary lifelong president of the Pretoria Jewish Congregation. 1910 - Senator of the Union Parliament. 1911 - Vice-president of the Witwatersrand Agricultural Society. |
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