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Glasgow Savings Bank
The Glasgow Savings Bank, formed in 1836, had become the largest savings banks in Scotland by the mid-1850s and the largest in the country by 1870. When the trustee savings banks were reorganised into regional banks in 1975 Glasgow became the core of the West of Scotland TSB. History Early history The first Glasgow Savings Bank was formed in 1815 but, like the Edinburgh Savings Bank, it became largely moribund and was replaced by a new institution.H Oliver Horne, ''A History of Savings Banks'', Oxford, 1947 Since 1817, England and Wales savings banks had been allowed to invest with the National Debt Commissioners on beneficial terms and an Act of 1835 extended this right to Scotland. Alexander Gray, an accountant, had published a pamphlet extoling the virtues of the 1835 Act, and organised a meeting of “prominent Glaswegian gentlemen” in March 1836.J D Campbell, ''The Savings Bank of Glasgow'', 1985, Glasgow A public meeting was held and the new Bank opened in the July, func ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scotland
Scotland (, ) is a country that is part of the United Kingdom. Covering the northern third of the island of Great Britain, mainland Scotland has a border with England to the southeast and is otherwise surrounded by the Atlantic Ocean to the north and west, the North Sea to the northeast and east, and the Irish Sea to the south. It also contains more than 790 islands, principally in the archipelagos of the Hebrides and the Northern Isles. Most of the population, including the capital Edinburgh, is concentrated in the Central Belt—the plain between the Scottish Highlands and the Southern Uplands—in the Scottish Lowlands. Scotland is divided into 32 administrative subdivisions or local authorities, known as council areas. Glasgow City is the largest council area in terms of population, with Highland being the largest in terms of area. Limited self-governing power, covering matters such as education, social services and roads and transportation, is devolved from the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trustee Savings Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Edinburgh Savings Bank
Formed in 1836, the Edinburgh Savings Bank was successor to the Edinburgh Bank for Savings, which dated back to 1814. Although formed after the Ruthwell Savings Bank, the Edinburgh provided the model for future savings banks. By the end of World War two, it was second in size only to the Glasgow Savings Bank. In 1975, Edinburgh merged with three other Scottish savings banks to form an enlarged South of Scotland TSB. History The Edinburgh Savings Bank was, in essence, a continuation of The Edinburgh Bank for Savings; that grew out of the Edinburgh Society for the Suppression of Beggars, and it opened its doors in January 1814. The chief promoter was JH Forbes, son of banker Sir William Forbes of Pitsligo. The Bank's early history was notable for “One of the wordiest warfares in the history of savings banks”. This revolved around the claims made by Forbes and the Reverend Henry Duncan, founder of the Ruthwell Savings Bank, as to which of the two was the first savings bank. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Panic Of 1847
The Panic of 1847 was a minor British banking crisis associated with the end of the Railway Mania, 1840s railway industry boom and the failure of many non-banks. Background As a means of stabilizing the British economy, the ministry of Robert Peel passed the Bank Charter Act of 1844. This Act fixed a maximum quantity of bank notes that could be in circulation at any one time and guaranteed that definite reserve funds of gold and silver would be held in reserve to back up the money in circulation. Furthermore, the Act required that the supply of money in circulation could be increased only when gold or silver reserves were proportionately increased. In 1847, the Act was suspended when the Bank of England was presented with a letter from the Prime Minister and Chancellor of the Exchequer indemnifying the Bank for a breach of the Act. The crisis in the money market ended almost immediately, without any breach of the Act. The panic of 1847 cleared away a vast number of unsound bus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
City Of Glasgow Bank
The City of Glasgow Bank was a bank in Scotland that was largely known for its spectacular collapse in October 1878, which ruined all but 254 of its 1,200 shareholders since their liability was unlimited. History The bank was founded in 1839 with an initial capital of £656,250 (equivalent to about £46 million at 2005 prices). It aimed to cater particularly for small savers, with its branches opening in the evenings to receive deposits. It was part of a wave of bank formations that saw 16 Scottish banks established between 1825 and 1840. By the 1870ss the bank had grown to have the third-largest branch network in the United Kingdom. As was common at the time its shareholders had unlimited liability and so they were jointly liable to cover any debts and were called to inject additional funds to cover any losses. The bank's principal office was established in Virginia Street, Glasgow in 1842 and moved to Glassford Street in 1851. During the Panic of 1857, the bank had to suspen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
WWII
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the World War II by country, vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies of World War II, Allies and the Axis powers. World War II was a total war that directly involved more than 100 million Military personnel, personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Air warfare of World War II, Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the Atomic bombings of Hiroshima and Nagasaki, only two nuclear weapons ever used in war. World War II was by far the List of wars by death toll, deadliest conflict in hu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Darvel
Darvel ( sco, Dairvel, gd, Darbhail) is a small town in East Ayrshire, Scotland. It is at the eastern end of the Irvine Valley and is sometimes referred to as "The Lang Toon" ( en, the Long Town). The town's Latin motto, , means "Not for ourselves, but for others". Location Darvel is situated on the A71 road that runs from Irvine on the west coast to Edinburgh on the east. The town is east of Kilmarnock and is the most easterly of the Irvine Valley Towns, the others being Galston and Newmilns. The town was once linked with Stonehouse (via Strathaven) by the Caledonian Railway. However, the line was closed by the LMS before the Second World War. The former Glasgow and South Western Railway branch line to Kilmarnock survived for much longer and was closed in 1964 as part of the Beeching Axe. Much of the route of both lines is still in existence, although the rails have long since gone and many road bridges have been removed. There was a large viaduct to the east of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kirkintilloch
Kirkintilloch (; sco, Kirkintulloch; gd, Cair Cheann Tulaich) is a town and former barony burgh in East Dunbartonshire, Scotland. It lies on the Forth and Clyde Canal and on the south side of Strathkelvin, about northeast of central Glasgow. Historically part of Dunbartonshire, the town is the administrative home of East Dunbartonshire council area, its population in 2009 was estimated at 19,700 and its population in 2011 was 19,689. Toponymy "Kirkintilloch" comes from the Gaelic ''Cair Cheann Tulaich'' or ''Cathair Cheann Tulaich'', meaning "fort at the end of the hill". This, in turn, may come from a Cumbric name, ''Caer-pen-taloch'', which has the same meaning. A possible reference to the site is made in the 9th century Welsh text Historia Brittonum, in which the Antonine Wall is said to end at 'Caerpentaloch'. The fort referred to is the former Roman settlement on the wall and the hillock is the volcanic drumlin which would have offered a strategic viewpoint for miles ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sanquhar
Sanquhar ( sco, Sanchar, gd, Seanchair) is a village on the River Nith in Dumfries and Galloway, Scotland, north of Thornhill and west of Moffat. It is a former Royal Burgh. It is notable for its tiny post office, established in 1712 and considered the oldest working post office in the world. It was also where the Covenanters, who opposed episcopalisation of the church, signed the ''Sanquhar Declaration'' renouncing their allegiance to the King, an event commemorated by a monument in the main street. The church of St Brides contains a memorial to James Crichton, a 16th-century polymath. The ruins of Sanquhar Castle stand nearby. Nithsdale Wanderers, the local football team, were formed in 1897. In 1924–25, they won the Scottish Division Three. History The name "Sanquhar" comes from the Scottish Gaelic language ''An t-Seanchair'', meaning "old fort". A 15th-century castle ruin overlooks the town, but the name predates even this ancient fort. The antiquary, William Fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1836
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Companies Established In 1836
British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English, the English language as spoken and written in the United Kingdom or, more broadly, throughout the British Isles * Celtic Britons, an ancient ethno-linguistic group * Brittonic languages, a branch of the Insular Celtic language family (formerly called British) ** Common Brittonic, an ancient language Other uses *''Brit(ish)'', a 2018 memoir by Afua Hirsch *People or things associated with: ** Great Britain, an island ** United Kingdom, a sovereign state ** Kingdom of Great Britain (1707–1800) ** United Kingdom of Great Britain and Ireland (1801–1922) See also * Terminology of the British Isles * Alternative names for the British * English (other) * Britannic (other) * British Isles * Brit (other) * Bri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
