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1 Pound Dartmouth General Bank

发行方 Dartmouth General Bank
年份 1820
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面值 1 Pound
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正面铭文 Dartmouth General Bank £1 Promise to pay the Bearer on Demand ONE POUND Value received Dartmouth 28th day of Jan 1820 for John Hine and Henry Joseph Holdsworth ONE
背面描述 The reverse is essentially plain aged paper with a central letterpress bank-name stamp enclosed within a simple ornamental cartouche, applied as a validation impression. Manuscript endorsements in ink appear at lower left, consistent with circulation-era transfer notations.
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The Dartmouth General Bank was one of dozens of small English country banks that issued their own notes under the permissive pre-1826 banking framework. The Bank of England's monopoly on joint-stock banking within 65 miles of London left the provinces to private partnerships, many of which were dangerously undercapitalized. The 1826 Country Bankers Act, passed in the wake of a catastrophic wave of country bank failures in 1825–26, would eliminate the six-partner limit and allow larger joint-stock banks to form — effectively ending the viability of houses like Dartmouth General.

Whether this particular bank survived to 1826 is not certain. Devon saw several failures in that panic year.

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