We provide the first age estimates for two recently discovered white
dwarf-red subdwarf systems, LHS 193AB and LHS 300AB. These unusual systems
provide a new opportunity for linking the reliable age estimates for the white
dwarfs to the (measurable) metallicities of the red subdwarfs. We have obtained
precise photometry in the VJRKCIKCJH bands and spectroscopy covering
from 6000\AA to 9000\AA for the two new systems, as well as for a comparison
white dwarf-main sequence red dwarf system, GJ 283 AB. Using model grids
available in the literature, we estimate the cooling age as well as
temperature, surface gravity, mass, progenitor mass and {\it total} lifetimes
of the white dwarfs. The results indicate that the two new systems are probably
ancient thick disk objects with ages of at least 6-9 Gyr. We also conduct
searches of red dwarf and white dwarf compendia from SDSS data and the
L{\'e}pine Shara Proper Motion (LSPM) catalog for additional common proper
motion white dwarf-red subdwarf systems. Only seven new candidate systems are
found, which indicates the rarity of these systems.Comment: accepted for publication in Ap