Records of West of England & South Wales District Bank relating to the establishment and operation of the private firm, including deed of settlement and directors’ and board minute books.
West of England & South Wales District Bank Records
Scope and Content
Administrative / Biographical History
This joint stock bank was formed in 1834 as the West of England & South Wales District Bank.
Within a year, branches were opened at Barnstaple, Bath, Bridgwater, Exeter, Swansea and Taunton and others followed in Somerset in the 1840s and in South Wales after 1850. The bank expanded ambitiously and had 16 branches by 1860. In the 1860s and 1870s other banks were acquired including Allaway & Macdougall (est. 1807) of Ross on Wye in 1863; Kingsbridge Joint Stock Bank (est. 1841) in 1862; Towgood & Co (est. 1819) of Cardiff in 1855; and Harwood & Harwood (est. 1862) of Clevedon in 1877. Limited Liability was acquired in 1878.
Failure and takeover
The bank failed in 1878 but part of its branch network was reconstituted in 1879 as the Bristol & West of England Bank. The bank's failure had major financial repercussions in the west of England.
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