Union Bank (Pembrokeshire)
Encyclopedia
Union Bank was a bank
operated by the firm of Bateman & Co. and it is listed in the London Directory for 1807. However, the date of establishment of the bank is unknown.
By December 1813, bank notes indicate that the business was being carried on under the style of Mathias, Lloyd, & Bowen. The partners
were John Mathias, of Prendergast
, Pembrokeshire
, and Herbert Lloyd and Thomas Bowen, both of Haverfordwest
.
By 1814, the bank appears to have been in difficulties, as John Mathias mortgaged
certain bills of exchange held by John Evans of Bristol
to secure any bills drawn by the firm not exceeding £3000 in value. Herbert Lloyd died around the beginning of 1816 and the bank was carried on by the surviving partners until it was declared bankrupt in May, 1816.
, J. Dunn & Co., Tenby
, Milford and Pembrokeshire Bank
, Milford Bank, Pembrokeshire Bank
, and Lock, Hulme & Co.
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...
operated by the firm of Bateman & Co. and it is listed in the London Directory for 1807. However, the date of establishment of the bank is unknown.
By December 1813, bank notes indicate that the business was being carried on under the style of Mathias, Lloyd, & Bowen. The partners
Business partner
Business partner is a term used to denote a commercial entity with which another commercial entity has some form of alliance. This relationship may be a highly contractual, exclusive bond in which both entities commit not to ally with third parties...
were John Mathias, of Prendergast
Prendergast
Prendergast is a British name of Welsh/Norman origin. The name derives from the 12th century Norman Knight Maurice de Prendergast who took his name from the Prendergast Parish in Haverfordwest, Pembrokeshire, Wales into Leinster...
, Pembrokeshire
Pembrokeshire
Pembrokeshire is a county in the south west of Wales. It borders Carmarthenshire to the east and Ceredigion to the north east. The county town is Haverfordwest where Pembrokeshire County Council is headquartered....
, and Herbert Lloyd and Thomas Bowen, both of Haverfordwest
Haverfordwest
Haverfordwest is the county town of Pembrokeshire, Wales and serves as the County's principal commercial and administrative centre. Haverfordwest is the most populous urban area in Pembrokeshire, with a population of 13,367 in 2001; though its community boundaries make it the second most populous...
.
By 1814, the bank appears to have been in difficulties, as John Mathias mortgaged
Security interest
A security interest is a property interest created by agreement or by operation of law over assets to secure the performance of an obligation, usually the payment of a debt. It gives the beneficiary of the security interest certain preferential rights in the disposition of secured assets...
certain bills of exchange held by John Evans of Bristol
Bristol
Bristol is a city, unitary authority area and ceremonial county in South West England, with an estimated population of 433,100 for the unitary authority in 2009, and a surrounding Larger Urban Zone with an estimated 1,070,000 residents in 2007...
to secure any bills drawn by the firm not exceeding £3000 in value. Herbert Lloyd died around the beginning of 1816 and the bank was carried on by the surviving partners until it was declared bankrupt in May, 1816.
Bank notes
Only three bank notes of this bank are in existence, both for £1 1s. and are dated 1813. Both notes are signed by Thomas Bowen for Mathias Lloyd and Bowen.Other Pembrokeshire banks
Other Pembrokeshire banks include: Haverfordwest BankHaverfordwest Bank
Haverfordwest Bank is a defunct Welsh bank which was located in Haverfordwest, Pembrokeshire. It was established in the 18th century by a Jewish entrepreneur who settled in Wales.-History:...
, J. Dunn & Co., Tenby
J. Dunn & Co., Tenby
J. Dunn & Co., Tenby was a Welsh bank operating in the 19th century, with a branch located at Tenby in Pembrokeshire.-Establishment:This bank was established in Tenby by John Dunn of Westmoor House, Manorbier, a descendant of the Dunns of Crigmarran, Pembrokeshire...
, Milford and Pembrokeshire Bank
Milford and Pembrokeshire Bank
This Bank was probably founded in 1802. It was established in Pembrokeshire, with a branch at Milford and was one of the banks founded as a result of the Bank of England stopping cash payments in 1797.-History:...
, Milford Bank, Pembrokeshire Bank
Pembrokeshire Bank
This bank was operating in Pembrokeshire, in Wales during the early 19th century. It became bankrupt in 1826.-Origins:The date of establishment of the Bank is unknown, but the London Directory indicates that the business was in operation from 1811 to 1827, inclusive. The style of the partnership...
, and Lock, Hulme & Co.
Lock, Hulme & Co.
This Pembrokeshire bank was established by a Mr Hulme, who was a bank clerk. He worked for the Carmarthen Bank before its failure in 1832, and went into partnership with a Mr Robert Lock. They traded under the name Lock, Hulme & Co....