Brecon Old Bank
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Brecon Old Bank
The Brecon Old Bank was founded in Brecon in 1778 by John Wilkins (1713–1784), who was highly regarded by the directors of the Bank of England.Early Banks in West Wales, by Francis Green (in West Wales Historical Records, The Annual Magazine of The Historical Society of West Wales, Volume VI, edited by Francis Green, Printed by W. Spurrell & Son, 1916) Development The bank was originally operated under the style Wilkins & Co. and developed steadily, opening up branches in Merthyr Tydfil Merthyr Tydfil (; cy, Merthyr Tudful ) is the main town in Merthyr Tydfil County Borough, Wales, administered by Merthyr Tydfil County Borough Council. It is about north of Cardiff. Often called just Merthyr, it is said to be named after Tydf ..., in 1812, and Cardigan, Carmarthen and Haverfordwest, in 1832. The branch at Brecon is now the site of Lloyds Bank.Haslam, R., 2001, Pevsner Architectural Guides, The Buildings of Wales, Powys, Penguin Books/University of Wales Press The br ...
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Brecon
Brecon (; cy, Aberhonddu; ), archaically known as Brecknock, is a market town in Powys, mid Wales. In 1841, it had a population of 5,701. The population in 2001 was 7,901, increasing to 8,250 at the 2011 census. Historically it was the county town of Brecknockshire (Breconshire); although its role as such was eclipsed with the formation of the County of Powys, it remains an important local centre. Brecon is the third-largest town in Powys, after Newtown and Ystradgynlais. It lies north of the Brecon Beacons mountain range, but is just within the Brecon Beacons National Park. History Early history The Welsh name, Aberhonddu, means "mouth of the Honddu". It is derived from the River Honddu, which meets the River Usk near the town centre, a short distance away from the River Tarell which enters the Usk a few hundred metres upstream. After the Dark Ages the original Welsh name of the kingdom in whose territory Brecon stands was (in modern orthography) "Brycheiniog", whi ...
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Overend, Gurney And Company
Overend, Gurney & Company was a London wholesale discount bank, known as "the bankers' bank", which collapsed in 1866 owing about £11 million, equivalent to £ million in . The collapse of the institution triggered a banking panic. History Early years The business was founded in 1800 as Richardson, Overend and Company by Thomas Richardson, clerk to a London bill discounter, and John Overend, chief clerk in the bank of Smith, Payne and Company at Nottingham (absorbed into the National Provincial Bank in 1902), with Gurney's Bank (absorbed into Barclays Bank in 1896) supplying the capital. At that time, bill-discounting was carried on in a spasmodic fashion by the ordinary merchant in addition to his regular business, but Richardson considered that there was room for a London house which should devote itself entirely to the trade in bills. This idea, novel at the time, proved an instant success. Samuel Gurney joined the firm in 1807 and took control of Overend, Gurney and Co. in ...
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1778 Establishments In Wales
Events January–March * January 18 – Third voyage of James Cook: Captain James Cook, with ships HMS ''Resolution'' and HMS ''Discovery'', first views Oahu then Kauai in the Hawaiian Islands of the Pacific Ocean, which he names the ''Sandwich Islands''. * February 5 – ** South Carolina becomes the first state to ratify the Articles of Confederation. ** **General John Cadwalader shoots and seriously wounds Major General Thomas Conway in a duel after a dispute between the two officers over Conway's continued criticism of General George Washington's leadership of the Continental Army.''Harper's Encyclopaedia of United States History from 458 A. D. to 1909'', ed. by Benson John Lossing and, Woodrow Wilson (Harper & Brothers, 1910) p166 * February 6 – American Revolutionary War – In Paris, the Treaty of Alliance and the Treaty of Amity and Commerce are signed by the United States and France, signaling official French recognition of the n ...
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