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| 表面の説明 | Blue intaglio print on cream paper with an overall guilloche underprint. The upper centre bears the Royal Coat of Arms surmounted by the inscription "Incorporated by Royal Charter 1746", flanked by two circular denomination medallions each containing the numeral "1" within fine lathe-work, with a further pair of larger oval guilloche vignettes along the left margin. A classical female allegorical figure appears within one of the left-hand oval medallions. The promise-to-pay text and denomination in large Gothic lettering occupy the centre field, with the place and date of issue "Edinburgh" printed above, and the authorization panel "By order of the Court of Directors" enclosed in an ornamental cartouche at the foot. |
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| 表面の銘文 | Incorporated by Royal Charter 1746 The British Linen Company Promise to Pay on Demand to the Bearer One Pound Sterling By order of the Court of Directors Edinburgh |
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The British Linen Company began as a trading company chartered in 1746 to promote the Scottish linen industry, and only gradually converted into a conventional bank — one of the more unusual institutional origins in Scottish banking history. By the time this note was issued, the commercial linen business had long been abandoned, but the name persisted until the Bank of Scotland absorbed the operation in 1969.
Waterlow & Sons held the printing contract for much of the British Linen Bank's late Victorian and Edwardian output. Scottish chartered banks retained the right to issue their own notes under arrangements preserved after the Bank Charter Act of 1844, which explicitly exempted existing Scottish issuers from the monopoly granted to the Bank of England.