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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 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 |
| Reverse description | Reverse entirely plain, without printed design, vignette, or text, consistent with the unprinted reverse typical of early Scottish provincial banknote issues of this period. |
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| Comments |
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.