1 Pound Salisbury and Shaftesbury Bank

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.