 The first recordings for the Swaggie label were made with the Graeme Bell Australian Jazz Band at the AWA Sydney studio on 24 October 1949.Between November 1949 and September 1950, Swaggie held several Graeme Bell band recording sessions in the Melbourne studio of Broadcast Exchange of Australia (BEA) to build a library of master recordings, and from these masters five 10-inch 78 rpm records, numbered S1 to S5, were manufactured and distributed for retail sale.In late 1952 a decision was made to wind-up the co-operative band and the Swaggie business was sold to Nevill L. Sherburn.