Penguin Oil Refining Company Limited founded according to the Australian newspaper Table Talk dated Friday 7 July 1893

An item reported that a new company was registered on 28 June 1893. The Penguin Oil Refining Company Limited was founded with a capital of 3,000 pound sterling divided in 3,000 shares of 1 pound each. 114 Shares were in possession of

W.H. Newman, 333 Collin-street, financier 50 shares

John Carr, Dixon-street, Malvern, master marine 60 shares

G.H. Johnston, 122 Franklin-street, Melbourne, gentleman 1 share

Victor Elkington, Winchelsea, accountant 1 share

S.R. Groom, Market-street, Melbourne, timber broker 1 share

The new company was “To carry on the business of oil refiners, manufacturers and merchants, commission and other agents, and to manufacture and produce, trade and deal in all appliances having reference to the manufacture and refining of oil, the preserving of birds' skins and feathers, and the treatment and tanning of sea-elephant, seal and porpoise hides.”