David Masterton (1827-1870)
Owner of "Masterton's machine"
David Masterton was an emigrant from Scotland to Australia and came from a line of blacksmiths originally from Culross. He started a business in Victoria State with a crushing plant.
Genealogy
David Masterton was the third son of Alexander Masterton, blacksmith, and Helen Honeyman. His oldest brother, William, was a Free Church minister in Inverkeillor. Alexander Masterton had been born in Larbert in 1791 and is one of that large group of Mastertons from the Culross area. A fuller genealogy of the extended family of David Masterton can be found at this link
THE LATE MR D. MASTERTON. - The funeral of Mr David Masterton - who died at his residence, Bridgewater, on Monday last - took place yesterday, at the Inglewood Cemetery, and his remains were followed to the grave by a large number of friends and acquaintances, whose respect and esteem he had gained during a long residence on Inglewood, where he held the large crushing plant known as Masterton's machine. The funeral cortege, which started from his residence, included fourteen vehicles and twelve horsemen; and was joined at Sandy Creek by about twenty Foresters (of which society deceased was a member), from Inglewood, in funeral regalia. Arrived at the grave, the funeral service was read by the Rev. Mr Summers, Presbyterian minister, and the Forester's address for these mournful occasions was delivered by P.C.R. Jones. Mr Masterton leaves a wife and family, and a large circle of friends to mourn his loss.
July, 1870
Glasgow Herald
Tuesday Evening.
MELBOURNE advices report that a meeting of the creditors of Messrs D. Masterton & Co. had been held, when, from the statement submitted, their liabilities were put down at £63,317, with assets at £70,402, showing an apparent surplus of fully £6000. After various meetings, it was resolved to wind-up the estate in liquidation.
The Glasgow Herald
Wednesday 20th March, 1872
Melbourne advices report that, at a meeting of the creditors of Messrs D. Masterton & Co., whose liabilities are put down at £63,317, with assets at £70,402, it was resolved to wind-up the estate in liquidation.
The Scotsman
21st March, 1872