Llandovery Bank
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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,
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Llandovery
Llandovery (; cy, Llanymddyfri ) is a market town and community in Carmarthenshire, Wales. It lies on the River Tywi and at the junction of the A40 and A483 roads, about north-east of Carmarthen, north of Swansea and west of Brecon. History Etymology The name of the town derives from ', meaning "church enclosure amid the waters", i. e. between the Tywi and the Afon Brân just upstream of their confluence. A smaller watercourse, the Bawddwr, runs through and under the town. Roman legacy The Roman fort at Llanfair Hill to the north-east of the modern town was known to the Romans as Alabum. It was built around AD 50–60 as part of a strategy for the conquest of Wales. A Roman road heads across Mynydd Bach Trecastell to the south-east of Llandovery bound for the fort of Brecon Gaer. Another heads down the Towy valley for Carmarthen, whilst a third makes for the goldmines at Dolaucothi. Norman and medieval castle Attractions in the town include the remains of the Norman Lla ...
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Cheque
A cheque, or check (American English; see spelling differences) is a document that orders a bank (or credit union) to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued. The person writing the cheque, known as the ''drawer'', has a transaction banking account (often called a current, cheque, chequing, checking, or share draft account) where the money is held. The drawer writes various details including the monetary amount, date, and a payee on the cheque, and signs it, ordering their bank, known as the ''drawee'', to pay the amount of money stated to the payee. Although forms of cheques have been in use since ancient times and at least since the 9th century, they became a highly popular non-cash method for making payments during the 20th century and usage of cheques peaked. By the second half of the 20th century, as cheque processing became automated, billions of cheques were issued annually; these volumes peaked ...
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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 ...
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Banks Disestablished In 1909
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 ...
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Banks Established In 1799
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 ...
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Defunct Banks Of Wales
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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Drovers' Road
A drovers' road, drove ''roador droveway is a route for droving livestock on foot from one place to another, such as to market or between summer and winter pasture (see transhumance). Many drovers' roads were ancient routes of unknown age; others are known to date back to medieval or more recent times. Description Drovers' roads are often wider than other roads, able to accommodate large herds or flocks. Packhorse ways were quite narrow as the horses moved in single file, whereas drove roads were at least and up to wide.Addison (1980), Pp. 70-78. In the United Kingdom, where many original drovers' roads have been converted into single carriageway metalled roads, unusually wide verges often give an indication of the road's origin. In Wales, the start of many droveways, drovers' roads are often recognisable by being deeply set into the countryside, with high earth walls or hedges. The most characteristic feature of these roads is the occasional sharp turn in the road, which p ...
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Marten & Co
A marten is a weasel-like mammal in the genus ''Martes'' within the subfamily Guloninae, in the family Mustelidae. They have bushy tails and large paws with partially retractile claws. The fur varies from yellowish to dark brown, depending on the species; it is valued by animal trappers for the fur trade. Martens are slender, agile animals, adapted to living in the taiga, which inhabit coniferous and northern deciduous forests across the Northern Hemisphere. Classification Results of DNA research indicate that the genus ''Martes'' is paraphyletic, with some studies placing ''Martes americana'' outside the genus and allying it with '' Eira'' and ''Gulo'', to form a new New World clade. The genus first evolved up to seven million years ago during the Miocene epoch. Fossils Several fossil martens have been described, including: *†''Martes campestris'' (Pliocene) *†''Martes wenzensis'' (Pliocene) *†''Martes vetus'' (Pleistocene) Another described fossil species, ''Marte ...
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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 ...
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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 ...
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David Morris & Sons
David Morris & Sons was a bank which was established in Carmarthenshire, Wales in the 18th century. It now a constituent part of The Royal Bank of Scotland Group. History David Morris was born around 1745-6 and was the son of David Morris of the Ferry Inn at Llansteffan in Carmarthenshire.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) He was a Carmarthen merchant and in 1787 he became the Agent for Sir Herbert Mackworth and others, who had opened a banking house in Carmarthen.http://carmarthenshirehistorian.org/cgi-bin/twiki/view/Historian/CwmCoombACarmarthenshireHouseAndItsFamilies Retrieved 27 September 2009 By 1788 David Morris was working as a banker on his own account. In 1791 he took over a Carmarthen bank established by a person named David Parry and operated it under the name of Morris & Sons David Morr ...
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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