Monday, 19 June 2017

Where did our Ancestors do their Banking?

Did you ever think of where your ancestors did their banking?

I know that my 3rd great uncles in New Deer, Aberdeenshire, Scotland did their banking at the North Scotland Banking Company.  In the Aberdeen Journal of February 19, 1879 there published a "Return of Persons of whom the Company or Partnership exists.." and it listed their name, address and occupation. So I know I have the right guys!  My Bruce ancestors lived at Knaven, New Deer.

Alexander had died intestate in 1877 and his brother Robert, as oldest brother, was named the executor of his estate, including his accounts at the bank. Their brother Joseph was a cattle dealer and also did his banking with the North Scotland Banking Company.

Look for annual reports where some banks provide a list of shareholders, and at the very least a list of officers and directors.

The Metropolitan Bank Note Reporter and Bank Register has images of American gold and silver coins and a description of the notes issued by each bank.  Near the back is a section of closed banks as well as Canadian banks with the warning "Refuse the notes of all the banks not quoted here!"

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