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| 正面描述 | Letterpress-printed note in black on white paper, with a vignette of a building at centre, likely a civic or banking institution rendered in fine line engraving. The denomination Five Pounds appears at lower left, upper right, and centre, with the promise-to-pay text and date of issue below. The note bears the manuscript signature of Edwards and is countersigned for Price, Jones & Edwards, Shrewsbury. |
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| 背面描述 | Plain paper reverse, largely blank, bearing a manuscript bankruptcy stamp applied centrally and a handwritten official signature. The stamp records the exhibition of this note under a fiat in bankruptcy at the Shirehall, Shrewsbury, dated 16th May 1841, relating to the insolvency of partners William Birch Price and John Edwards. |
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The Salop and North Wales Bank was a provincial joint-stock bank based in Shrewsbury, one of dozens chartered following the 1826 Banking Act that finally broke the Bank of England's monopoly on joint-stock banking in England beyond a 65-mile radius of London. It failed in 1842 — just three years after this note was issued — triggering significant losses among local tradesmen and farmers who had accepted its paper at face value.
Surviving examples from this bank are rare simply because the issuer collapsed before most notes could circulate widely and be worn down. Bankruptcy liquidation typically meant paper was called in and destroyed, not preserved.