Showing posts with label Banks. Show all posts
Showing posts with label Banks. Show all posts

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!"





Relevant Links





























Wednesday, 29 March 2017

Canada 150 - Shareholders of Chartered Banks of Canada





During our country's 150th anniversary celebration of confederation I will write posts titled Canada 150 with a link to a publication or website I find that may help you tell the story of your Canadian ancestors.
Click on the Canada 150 label on the right or at the bottom to see all the posts.

Today I have for you...


Shareholders of Chartered Banks of the Dominion of Canada




Under each bank is listed the shareholders, with city of residence, number of shares, and amount paid. There may also be estate accounts, which are held until probate is finished and the money can be distributed to the heirs.





When it states a person is trustee for another person, it is probably until the person reaches a certain age.  When it states a person is trustee usufructuary, that means the trustee can use the produce or income from property or asset for a specified time.




The oldest bank in Canada, with bank number 001, is the Bank of Montreal, which opened for business 3 November 1817. Until the Bank of Canada was established in 1934 banks issued their own bank notes. There is a list of early banks here, some of which closed in a few years or may have been taken over by another bank.



Relevant Links


Shareholders in the Chartered Banks of the Dominion of Canada 1875-1895

Shareholders in the Chartered Banks of the Dominion of Canada 1900-1915 (1902 wrong)

Monday, 19 September 2016

Building and Loan Societies




A lot of my savings were put into mortgage GIC's.  So if you took out a mortgage from my bank, you could be using my money.  You're welcome.

A Building and Loan Society promoted home ownership through residential mortgages. The first known society was established in Birmingham, England in 1775. Since then many building and loan societies throughout the world have been established to help people build a home.




Big cities likely had more than one building society. Different countries have other names and you can search using them as keywords.

"Building Societies (as known in Great Britain) : Building and Loan Associations, Co-operative Banks and Homestead Associations (as known in the United States) : Housing Companies (as known in parts of Continental Europe) : Starr-Bowkett Societies (as known in Australia and New Zealand) : and kindred associations throughout the World"



Relevant Links

The second convention of the International Congress of Building Societies  : held at the Inside Inn, Exposition Grounds, San Francisco, California, July 30th, 1915


















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