Lot 2736

Description

The Australian Joint Stock Bank Limited, one pound, Sydney, 1st July 1893 A 096944 A (MVR type 4b). A full note, very good and rare.

The financial crisis of 1893 caused the suspension of the Australian Joint Stock Bank on 21 April following the withdrawal of 500,000 sovereigns in the space of a few days. The note issue at the time of suspension was ?476,225. The bank reconstructed, and registered on 16 June under the Companies Act. It re-opened on 19 June as the Australian Joint Stock Bank Limited. The signatory is G.V.Taylor, manager of the Australian Bank of Commerce Ltd. Coonabaraban. Together with two books by F.W. Strack viz "cheques", Melbourne June 1913 (red cloth octavo), "Promissory Notes" Melbourne, September 1913 (red paper covers, octavo) both signed by G.V. Taylor 1st July 1915 and 17 Sept 1913 respectively.