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10 Rupees Kandy; Chartered Mercantile Bank of India, London and China
| Issuer | Chartered Mercantile Bank of India, London and China |
|---|---|
| Year | 1870 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | CEYLON BRANCH රුපියල් දහයයි பத்து ரூபாய் 10 RUPEES INCORPORATED BY ROYAL CHARTER KANDY, 1st Jany 1870 THE CHARTERED MERCANTILE BANK OF INDIA, LONDON & CHINA Promises to pay the Bearer on demand here or at Colombo, TEN RUPEES, Value received. By order of the Court of Directors, Entd. ACCOUNTT. MANAGER PERKINS, BACON & Co, LONDON. |
| Reverse description | Blank, unprinted. |
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| Comments |
The Chartered Mercantile Bank of India, London and China operated branches across British colonial territories in Asia, and its Ceylon branch at Kandy — rather than the commercial capital Colombo — reflects the town's administrative and planting economy importance during this period. Kandy served as the hub of the Ceylon highland tea and coffee districts, and the branch handled substantial planter credit.
Perkins, Bacon & Co. produced the plate, the same London security printer responsible for many colonial stamp and banknote issues of the mid-Victorian period. The "place of payment" designation printed on such notes was a strict legal matter: notes were obligations of the named branch, not interchangeable across the bank's network.