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Carmarthen Bank
Carmarthen Bank was a bank established and formerly operated in the county of Carmarthenshire, Wales during the 19th century. It became bankrupt in 1832 and its name was then adopted by another Carmarthenshire-based bank. History This bank was established in Carmarthen by the partnership known as Waters, Jones & Co., and probably developed from one or more earlier banks operated under the name of Waters and variously referred to in the London Directory, for the years 1811–1816, as Waters; Waters & Co.; R. & R. Waters; and Thomas Waters & Sons.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) During the Panic of 1825, the Bank of England suspended cash payments due to frequent provincial bank failures, leading to a general run on British banks in December 1825. In December, 1825 public meetings were held at the G ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank
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 a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sir James Esdaile
Sir James Esdaile ( – ) was an English banker who served as the Lord Mayor of London in 1777. His grandfather was a French nobleman and Huguenot from the De l'Estoile family who fled from the Kingdom of France in an attempt to avoid persecution by Louis XIV. Esdaile also served as sheriff of London in 1767. His daughter, Louisa married the politician Benjamin Hammet Sir Benjamin Hammet (''c.'' 173622 July 1800) was an English businessman, banker and politician, who served as Member of Parliament from Taunton (1782–1800), and as High Sheriff of London. Contemporary accounts state that he was a footman, s ..., who subsequently became a protege of Esdaile's. In 1781, he took Hammet into his banking firm, which became known as 'Esdaile and Hammet'. Esdaile died in 1793. 1714 births 1793 deaths Sheriffs of the City of London 18th-century lord mayors of London {{Lord-Mayor-of-London-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Carmarthenshire
Carmarthenshire ( cy, Sir Gaerfyrddin; or informally ') is a county in the south-west of Wales. The three largest towns are Llanelli, Carmarthen and Ammanford. Carmarthen is the county town and administrative centre. The county is known as the "Garden of Wales" and is also home to the National Botanic Garden of Wales. Carmarthenshire has been inhabited since prehistoric times. The county town was founded by the Romans, and the region was part of the Kingdom of Deheubarth in the High Middle Ages. After invasion by the Normans in the 12th and 13th centuries it was subjugated, along with other parts of Wales, by Edward I of England. There was further unrest in the early 15th century, when the Welsh rebelled under Owain Glyndŵr, and during the English Civil War. Carmarthenshire is mainly an agricultural county, apart from the southeastern part which was once heavily industrialised with coal mining, steel-making and tin-plating. In the north of the county, the woollen industry ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Banks Of Wales
{{Disambiguation ...
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Llanelly Bank
Llanelly Bank was a 19th-century bank based in the Welsh town of Llanelli. The bank used the then-standard Anglicised spelling of the town's name. History Little is known about the history of Llanelly Bank. However, the House of Lords Sessional Papers, of 1801-1833, record that the bank's licence was renewed in 1812, and that it was granted to Richard Pemberton, the Elder of Barnes, Durham, Ralph Stephen Pemberton of , Carmarthenshire, and Richard Pemberton, the Younger of Castle Street, Holborn, London.House of Lords the Sessional Papers 1801-1833 Retrieved 27 September 2009 By 1822, the bank appeared to be a |
Llandovery Bank
The Llandovery Bank was established in 1799 in Llandovery, Wales, in the premises known as the King’s Head on Stone Street (comprising the rear range of the present building),Lloyd., T., Orbach., J., Scourfield, R., 2006, Pevsner Architectural Guides, The Buildings of Wales, Carmarthenshire and Ceredigion, Yale University Press where it remained for many years. The bank was locally known as the ‘Black Ox Bank’ (‘Banc yr Eidon’ in the Welsh language) because of the bank notes having been embellished with an engraving on the left hand side of a Welsh black ox.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) Establishment and ownership The bank’s founder was David Jones, a farmer’s son, who started business at age 15 years. He became a Droving, drover, [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Note
A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authorities. National banknotes are often – but not always – legal tender, meaning that courts of law are required to recognize them as satisfactory payment of money debts. Historically, banks sought to ensure that they could always pay customers in coins when they presented banknotes for payment. This practice of "backing" notes with something of substance is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carmarthen Furnace Bank
The Carmarthen Furnace Bank is a bank established in Carmarthenshire in the 18th century as a result of the efforts of a Welsh entrepreneur and businessman called John Morgan. The banking business started by issuing tokens to facilitate an iron and tin works operation and then developed into a full-fledged bank. However, few records of the works, or the bank, exist. Origins The date of establishment of the Carmarthen Furnace Bank is unknown. However, in 1909 a copper printing plate for printing the bank's notes was found in the River Cothi. The plate is in the possession of Carmarthenshire Antiquarian Society, and a rubbing from it indicated that the bank was founded during the 1790s.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) Establishment The bank was established by John Morgan, senior, the owner in 1778 of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Droving
Droving is the practice of walking livestock over long distances. It is a type of herding. Droving stock to market—usually on foot and often with the aid of dogs—has a very long history in the Old World. An owner might entrust an agent to deliver stock to market and bring back the proceeds. There has been droving since people in cities found it necessary to source food from distant supplies. Description Droving is the practice of moving livestock over long distances by walking them " on the hoof". Droving is used for moving large herds over long distances, sometimes several hundred kilometers. It was carried out by shepherds. The earliest written evidence about shepherds and their dogs dates back to the 14th century. Thousands of cattle were moved along the roads of Europe and Great Britain, and later sheep, goats, pigs and even geese and turkeys. The journey from pasture to market, slaughterhouse, or buyer could take anywhere from a few weeks to a few months. The herd moved ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dividend
A dividend is a distribution of profits by a corporation to its shareholders. When a corporation earns a profit or surplus, it is able to pay a portion of the profit as a dividend to shareholders. Any amount not distributed is taken to be re-invested in the business (called retained earnings). The current year profit as well as the retained earnings of previous years are available for distribution; a corporation is usually prohibited from paying a dividend out of its capital. Distribution to shareholders may be in cash (usually a deposit into a bank account) or, if the corporation has a dividend reinvestment plan, the amount can be paid by the issue of further shares or by share repurchase. In some cases, the distribution may be of assets. The dividend received by a shareholder is income of the shareholder and may be subject to income tax (see dividend tax). The tax treatment of this income varies considerably between jurisdictions. The corporation does not receive a tax deduct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Creditors
A creditor or lender is a party (e.g., person, organization, company, or government) that has a claim on the services of a second party. It is a person or institution to whom money is owed. The first party, in general, has provided some property or service to the second party under the assumption (usually enforced by contract) that the second party will return an equivalent property and service. The second party is frequently called a debtor or borrower. The first party is called the creditor, which is the lender of property, service, or money. Creditors can be broadly divided into two categories: secured and unsecured. *A secured creditor has a security or charge over some or all of the debtor's assets, to provide reassurance (thus to ''secure'' him) of ultimate repayment of the debt owed to him. This could be by way of, for example, a mortgage, where the property represents the security. *An unsecured creditor does not have a charge over the debtor's assets. The term credito ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Romans as '' Londinium'' and retains its medieval boundaries.See also: Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national government and parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London, governed by the Greater London Authority.The Greater London Authority consists of the Mayor of London and the London Assembly. The London Mayor is distinguished fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
