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1 Pound North of Scotland Bank
| Issuer | North of Scotland Bank Limited |
|---|---|
| Year | 1938-1949 |
| Type | Log in to see details |
| Value | 1 Pound |
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| Composition | Log in to see details |
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| Obverse description | The bank's heraldic arms appear at the upper left and a shield at the upper right, flanking the bank title in Gothic script across the top. A central intaglio vignette presents a detailed view of King's College, Aberdeen, set within a fine guilloche border. The denomination «ONE POUND» is rendered in bold letterpress below the vignette, with the promise-to-pay legend and the General Manager's signature occupying the lower portion of the note. |
|---|---|
| Obverse lettering | North of Scotland Bank Limited Promise to Pay the Bearer on Demand One Pound Sterling at their Office here Aberdeen By order of the Directors |
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| Comments |
The North of Scotland Bank Limited, headquartered in Aberdeen, was absorbed into the Clydesdale Bank in 1950 — which makes notes from this final series, running up to 1949, the last ever issued under the North of Scotland name. De La Rue handled the printing throughout, as they had for the bank across several earlier series.
Scottish banks retained their private note-issuing rights under arrangements predating the Bank Charter Act of 1844, which explicitly excluded Scotland from its provisions restricting English provincial issuers. The North of Scotland exercised that right to the end.