Name: The Cork Coffeehouse Tontine
Year: 1793
Type: Building Tontine
Amount Raised: £3,500
Status: Operational
The Cork Coffeehouse was likely the earliest Irish private tontine directed at building work. The scheme raised £3,500 via 140 shares priced at £25 each, and, in addition to the coffeehouse, provided space for shops, apartments, and three houses. The shares were purchased by 116 individual subscribers, 61 of which were merchants. The rest were drawn from professions such as bankers, lawyers, and local elites; even the city’s mayor invested
Source:
Copy of the Deed and Charter, entered into by the Associated Society, to Raise a Fund for Erecting a Coffee‑House and Other Buildings in the City of Cork; for the Government of the Said Society, and the Management and Disposal of the Funds Thereof, Dated 21st January, 1793 (Cork,1794): in the public domain.
