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1 Pound North of Scotland and Town and County Bank
| Issuer | North of Scotland and Town and County Bank Limited |
|---|---|
| Year | 1907 |
| Type | Standard circulation banknote |
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| Obverse description | Black intaglio print on blue guilloche underprint, with three engraved vignettes arranged vertically along the left margin: a circular lathe-work medallion at top, a view of a neoclassical bank building at centre, and a second circular guilloche medallion at base. A panoramic engraved cityscape of Aberdeen occupies the upper centre register, flanked by the serial number repeated at upper left and right. The large word ONE in bold intaglio lettering dominates the central field, set within an intricate engine-turned oval. Place and date of issue — Aberdeen, 1st May 1907 — appear below, with two manuscript signatures and their respective titles. A diagonal red letterpress overprint reading The North of Scotland Town & County Bank Limited, In Which Is Incorporated The Town & County Bank Limited runs across the face, with the footer inscription ESTABLISHED 1825 and the printer's imprint of Perkins Bacon & Co., London. |
|---|---|
| Obverse lettering | ONE POUND / Town & County Bank Limited Promise to Pay the Bearer on Demand One Pound Sterling at their Office here Aberdeen By order of the Directors / ESTABLISHED 1825 / INCORPORATED 1862 / REGISTERED 1882 / [OVERPRINT] The North Of Scotland Town & County Bank Limited, In Which Is Incorporated The Town & County Bank Limited / Perkins Bacon & Co. London |
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The North of Scotland Bank and the Town and County Bank merged in 1908, making any note dated 1907 part of the final production run under the combined name before the institution was fully consolidated. Perkins, Bacon & Co. were the dominant security printers for Scottish provincial banks through this period, their steel-engraved plates giving Scottish notes a crispness that distinguished them from contemporaries printed by W. & A. K. Johnston or W. Speirs.
Scottish banks retained the legal right to issue their own notes independently of the Bank of England — a privilege this institution exercised until its absorption into the Clydesdale Bank in 1950.