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York Buildings Company
The York Buildings Company was an English company in the late 17th and early 18th centuries.
==Waterworks==
The full name of the company was The Governor and Company for raising the Thames Water at York Buildings. The undertaking was established in 1675 and incorporated in 1690 with a capital of £4800, but obtained a Private Act in 1691 to increase its capital and enable it to buy lands. As might be expected this provided the company with a steady, but unspectacular income from the rents paid by the householders supplied with water.〔Scott, 418-21.〕 Water supply was its sole business until 1719.
The company was technologically advanced for its time. It tried the steam pump of Thomas Savery, a precursor of the steam engine, though this proved a failure.〔L.T.C. rolt and J. S. Allen, ''The steam engine of Thomas Newcomen'' (Landmark, Ashbourne 1997), 28.〕 In 1726, a Newcomen engine was installed at York Buildings but when the company fell into financial difficulties in 1732 the engine was broken up, cylinders being sold to the London Lead Company and Sir James Lowther.〔Rolt and Allen, 81–84 150.〕 However the company continued to operate its waterworks for many years, becoming the final asset of the company, just as it was the first. However the business had been injured as far back as 1731, by the establishment of a rival Chelsea Waterworks Company. The works were leased out in 1746, and the lease was renewed periodically until 1818.〔D. Murray, ''York Buildings Company'', 110–111.〕
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