Details about 1811 E/L (RARE ITEM) BERWICKSHIRE MILITIA to EAST LOTHIAN BANK (SUGGESTS DRUNK)1811 E/L (RARE ITEM) BERWICKSHIRE MILITIA to EAST LOTHIAN BANK (SUGGESTS DRUNK) See original listing
24 Jan, 2014 13:53:37 GMT
[ 1 bid ]
Livingston, West Lothian, United Kingdom
An item that has been previously used. See the seller’s listing for full details and description of any imperfections. See all condition definitions- opens in a new window or tab
|Seller notes:||“See description”|
This is a letter from John Thompson of the Berwickshire Militia to East Lothian
Banking Company and is dated
Detailed letters from Militia regiments are seldom seen and I have specialised in this area of collecting over the years
Face contains a very distinct manuscript numeral "10. Reverse contains a poor black box (Type BK5) (AYTON 347-B)
The signature is clear and the initial BM (Berwickshire Militia) are added.
The letter related to a Bill (cheque) drawn by John Thompson and subsequent passed to Leuit Colonel W McLean. This seems to be an issue for Thompson and I suspect that he was drunk when this was issued as the letters refers to the bill have been drawn “after dinner” (with this underlined)
Condition is good and reflective of an item over 200 years old. The item is complete although has the usual hole as a consequence of the removal of the seal. This does not interfere with the markings or contents.
Further scans and information is available upon request.
Please bid with confidence; view my other items and note that postage may be combined for multiple purchases.
The East Lothian Banking Company was established
The initial contract of copartnery for the East Lothian Banking Company was for 21 years; the capital £80,000, in 400 shares of £200 each. There were 27 Partners, chiefly small landed proprietors or tenant farmers; 9 ordinary Directors and 3 extra ordinary Directors.
The Cashier was William Borthwick who was
recruited from the Falkirk Union Banking Company. On
The then Edinburgh agents - Sir William Forbes, James Hunter & Co. - assisted the directors in their difficulty and provided credit of £100,000, on ample security over the Partners' estates, until the Bank's assets could be realised. Mr William Paul, Accountant, Edinburgh was appointed to assist a committee of Partners in the winding up of the Bank. This took many years (actions still seen in the 1840s) although all Creditors were paid in full.