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1 Pound Dartmouth General Bank

Uitgever Dartmouth General Bank
Jaar 1821-1823
Type Local banknote
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Opschrift voorzijde Dartmouth General Bank Promise to pay the Bearer on Demand ONE POUND Value received Dartmouth 24th day of Jan 1823 for John Hine and Henry Joseph Holdsworth
Beschrijving keerzijde Royal coat of arms with the lion and unicorn, surrounded by a large composite guilloche pattern in red and black; the centre of the guilloche panel bears the cypher 'GR IV' referring to King George IV.
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Opmerkingen

The Dartmouth General Bank was a short-lived provincial bank operating in Devon during the early 1820s, precisely the period when country bank failures were becoming routine enough to alarm Parliament. The bank closed within a few years of opening — its notes, never widely circulated beyond the local merchant and fishing community, survived in small numbers simply because the bank's collapse came before most of them re-entered the system.

John Hine's signature is the only name consistently associated with the management of this institution. The 1826 Country Bankers Act, passed in the immediate aftermath of a nationwide wave of provincial bank collapses, effectively ended the era of single-branch private note issuers like this one.

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