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1 Pound Salisbury and Shaftesbury Bank
| Issuer | Salisbury and Shaftesbury Bank (Bowles, Ogden and Wyndham) |
|---|---|
| Year | 1808 |
| Type | Local banknote |
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| Obverse description | The face is set in letterpress across six lines of text, with a vignette of a building, likely Salisbury Cathedral, occupying the upper left corner and a heraldic shield with supporters in the upper right. The denomination ONE POUND appears in the lower left, and a manuscript signature of an authorised signatory is placed to the lower right. The note bears a handwritten serial number and date, identifying it as issued at Sarum on 4 April 1808 for the partnership of Bowles, Ogden and Wyndham. |
|---|---|
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| Reverse lettering | At the White Hart Inn in the City of New Sarum, 11 August, 1810. Exhibited to us, under a Commission of Bankrupt against William Bowles, Thomas Ogden and George Wyndham. |
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| Comments |
Provincial English country bank notes from this period were printed locally and signed by hand, with each note technically a promissory instrument backed by the personal liability of the named partners. Bowles, Ogden and Wyndham were the partners of record here — if the bank failed, creditors could pursue them individually. That arrangement underpinned every country bank issue before the 1826 Banking Act began reshaping the system.
The Salisbury and Shaftesbury Bank did ultimately fail, as did a significant proportion of English country banks during the periodic crises of the early nineteenth century. Notes from collapsed institutions that were never redeemed are among the few that survived in any number — unredeemed paper had no reason to be returned and destroyed.