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| 正面描述 | The note is printed in dark brown intaglio on plain paper, with an elaborate guilloche border incorporating repeated denomination lettering as underprint. At left, an oval vignette contains the Isle of Man arms with three armoured legs and quartered shield; at right, a second oval vignette presents a view of Castle Rushen with a flagpole. The central text panel carries a cursive promise-to-pay legend payable at Douglas, with the denomination ONE POUND in bold letterpress below, and the issuing bank's name in a large arched banner across the top. Serial numbers appear at upper left and upper right, and two manuscript signatures with their printed role designations — Asst. Mgr. and Manager — appear at the foot of the note. |
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| 背面描述 | The reverse is printed in dark brown intaglio and dominated by a large central medallion encircled by the bank's name, within which the Manx triskelion appears on a fine guilloche ground. Flanking the central medallion are two oval scenic vignettes: at left, a harbour view of Peel Castle, and at right, an industrial scene with a large waterwheel and mill structure. Ornate acanthus scroll-work connects all three vignettes, and the printer's imprint appears at the foot of the design. |
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Lancashire & Yorkshire Bank was absorbed by Martins Bank in 1928, making this series among the last notes the institution ever issued — the 1925–1927 dates place production squarely in the final years before the takeover ended its independent existence. English provincial banknote issue was already a dying practice by this point, with the Bank of England's monopoly progressively tightening through the nineteenth century; Lancashire & Yorkshire survived as a note-issuing bank longer than most of its regional peers.
Waterlow & Sons had by the 1920s become one of the dominant security printers for British commercial banks, and their work for provincial issuers in this period is consistently well-executed at the intaglio stage.