Includes bibliographical references and index.

This is a history of the Alliance Trust, one of Scotland's oldest and most interesting companies, and the UK's largest general investment fund. It describes how the Trust began life in Dundee in 1888 as a mortgage company financing farmers in the American West; it explains how the Trust inherited the business of several Dundee-based mortgage companies that had lent, wisely and unwisely, on large and small tracts of land in Oregon, Texas, Kansas, and New Mexico. It shows that the Trust was an industry leader from the outset and soon built a reputation for stability and prudence.

Specialized.

Description based on print version record.