Bank Of Van Diemen's Land
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Bank Of Van Diemen's Land
Founded in 1823, the Bank of Van Diemen's Land was the first financial institution to be established in Van Diemen's Land. Affectionally referred to as the old bank, the Bank of Van Diemen's Land traded for 68 years before becoming the first major bank failure in what would eventuate into the Australian banking crisis of 1893. History During the British colonisation of Tasmania, a charter was granted by Sir Thomas Brisbane, with capital divided into shares worth 200 dollars each. The Bank of Van Diemen's Land was established on 11 August 1823. Located within a premises on Macquarie Street, Hobart the bank commenced trading on Monday 15 March 1824. Merchant George Frederick Read served as the Bank of Van Diemen's Land's managing director from 1827 to 1849 and was one of the institution's founding shareholders. Other founding shareholders included former convict and brewer George Gatehouse and John Beamont, a free settler and public servant. Throughout Read's tenure, the Bank of ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Bank Of Van Diemen's Land Fraudulent Banknote
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots i ...
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Banks Disestablished In 1891
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots i ...
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Banks Established In 1823
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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1893 Disestablishments In Australia
Events January–March * January 2 – Webb C. Ball introduces railroad chronometers, which become the general railroad timepiece standards in North America. * Mark Twain started writing Puddn'head Wilson. * January 6 – The Washington National Cathedral is chartered by Congress; the charter is signed by President Benjamin Harrison. * January 13 ** The Independent Labour Party of the United Kingdom has its first meeting. ** U.S. Marines from the ''USS Boston'' land in Honolulu, Hawaii, to prevent the queen from abrogating the Bayonet Constitution. * January 15 – The ''Telefon Hírmondó'' service starts with around 60 subscribers, in Budapest. * January 17 – Overthrow of the Kingdom of Hawaii: Lorrin A. Thurston and the Citizen's Committee of Public Safety in Hawaii, with the intervention of the United States Marine Corps, overthrow the government of Queen Liliuokalani. * January 21 ** The Cherry Sisters first perform in Marion, Iowa. ** The Tat ...
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Defunct Banks Of Australia
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Economic History Of Tasmania
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. Howeve ...
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History Of Tasmania
The history of Tasmania begins at the end of the most recent ice age (approximately 10,000 years ago) when it is believed that the island was joined to the Australian mainland. Little is known of the human history of the island until the British colonisation in the 19th century. Indigenous people Tasmania was inhabited by an Indigenous population, the Aboriginal Tasmanians, and evidence indicates their presence in the territory, later to become an island, at least 35,000 years ago. At the time of the British occupation and colonisation in 1803 the Indigenous population was estimated at between 3000 and 10,000. Historian Lyndall Ryan's analysis of population studies led her to conclude that there were about 7000 spread throughout the island's nine nations; Nicholas Clements, citing research by N.J.B. Plomley and Rhys Jones, settled on a figure of 3000 to 4000. The combination of the so-called Black War, internecine conflict and, from the late 1820s, the spread of infectious ...
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St David's Park, Hobart
St David's Park is a park in Hobart, Tasmania. It is bounded by Davey Street, Salamanca Place and Sandy Bay Road. St David's Park contains Hobart's original burial ground, and the first Lieutenant Governor, David Collins (lieutenant governor), David Collins, is buried there. References

{{Coord, 42.886, S, 147.329, E, display=title Landmarks in Hobart Tourist attractions in Hobart Geography of Hobart Parks in Tasmania ...
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Bridgewater, Tasmania
Bridgewater is a suburb of Hobart, Tasmania. Located approximately 19 km from the Hobart CBD, it is part of the northern suburbs area of Greater Hobart. Overview Bridgewater is situated on the eastern shore of the Derwent River. It is a suburb of the local government area of the Municipality of Brighton. From a transport perspective, Bridgewater is one of the first suburbs encountered by visitors traveling from the state's north via the Midland Highway and the Brighton Bypass. The suburb connects to the western shore via the Bridgewater Bridge and Causeway. Bridgewater was also once home to the train station, which was used by commuters for travel into the city. Businesses While there have been some significant commercial ventures in Old Main Road (which is home to fast food restaurants, such as McDonald's and The Roost), Cove Hill Shopping Centre has been the central commercial area of Bridgewater for many years. Cove Hill includes a supermarket, a KFC, and several s ...
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Brighton, Tasmania
Brighton is a suburb 27 km north of Hobart, in Tasmania, Australia. It is between Pontville and the outer Hobart suburb of Bridgewater on the Midland Highway. At the 2016 census, Brighton had a population of 4,983. History From 1826 onwards, the township was the site of the Brighton Barracks, a military accommodation facility until sold off for subdivision in the early 2000s. A Brighton Post Office opened on 1 June 1832. This was renamed ''Pontville'' in 1895 and closed in 1973. The current Brighton office opened on 22 May 1964. A 42 kilometre railway line operated from Brighton to Aspley, commencing operations in 1891. Passenger services ended in 1927, and the goods service was replaced by trucks in 1947, with the line being removed shortly thereafter. More recently it was used as emergency accommodation for refugees fleeing the conflicts in eastern Europe, namely Kosovo. The area surrounding Brighton was swept with bush and grass fires over the summer of January 2 ...
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The Mercury (Hobart)
''The'' ''Mercury'' is a daily newspaper, published in Hobart, Tasmania, Australia, by Davies Brothers Pty Ltd (DBL), a subsidiary of News Corp Australia, itself a subsidiary of News Corp. The weekend issues of the paper are called ''Mercury on Saturday '' and ''Sunday Tasmanian''. The current editor of ''The'' ''Mercury'' is Craig Warhurst. History The newspaper was started on 5 July 1854 by George Auber Jones and John Davies. Two months subsequently (13 September 1854) John Davies became the sole owner. It was then published twice weekly and known as the ''Hobarton Mercury''. It rapidly expanded, absorbing its rivals, and became a daily newspaper in 1858 under the lengthy title ''The Hobart Town Daily Mercury''. In 1860 the masthead was reduced to ''The Mercury'' and in 2006 it was further shortened to simply ''Mercury''. With the imminent demise of the ( Launceston) ''Daily Telegraph'', ''The Mercury'', from March 1928, used the opportunity to increase their penetration th ...
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