Towns > Aberdeen > 1840-1846 - Bon-accord directory > 1840-1841

COMMERCIAL ESTABLISHMENTS.
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SECT V.— COMMERCIAL ESTABLISHMENTS.
BANKS.
A Bank was first established at Aberdeen, about the year 1752,
on a small scale, in an office on the south side of Castle Street.
This establishment, however, did not thrive, and it was soon given
up; but, not long after, the Thistle Bank of Glasgow opened an
agency here, and" its notes speedily got so wide a circulation, that
specie was almost banished the place. In the course of 1766, a
number of the gentlemen of the town and county formed them-
selves into a copartnery, for the purpose of establishing a native
Banking Company, under the title of " The Banking Company in
Aberdeen," and a capital stock of £72,000 was subscribed for, in
shares of £500. On the 1st January, 1767, the Bank was opened
for business. This Company is still in existence, and is one of the
most flourishing and stable companies in Scotland. Its original
paid up capital of £150 per share now sells for upwards of £3000.
Two other native Banks (viz. the Town and County and the North
of Scotland, both flourishing establishments), and four branches of
Edinburgh Banks, now divide the business of the city with the Aber-
deen Bank.
ABERDEEN BANKING COMPANY. 1767.
Thomas Burnett, Esq. Governor.
Extraordinary Directors.
Robert Arbuthnot
Sir C. Bannerman,
Bart.
James Buchan.
John Blaikie
Robert Brown
Alexander Bannerman, M.P.
David Chalmers -of Westburn
Duncan Davidson of Tillychetly
P. Farquharson of Whitehouse
John Garioch of Heathcot
Robert Grant of Tillyfour
Hugh Fullerton Clements Lumsden
Sir C. Forbes, Bart. Dr. Duncan Mearn-s
Alex. Forbes Dr. H. M'Pherson
Dr. Henderson Donaldson Rose
John Lumsden Jas. A. Sandilands
John Leslie VVm. Strachan
Ordinary Directors.
Francis Gordon of Kincardine
Henry Lumsden of Tihvhilly
James Murray, advocate
Alexander Pirie, merchant
William Read, merchant
Alexander Smith of Glenmillan
-William Gall
, Robert Innes
..George Innes
„Rcbt. Lendrum
„ Andrew Ross
David Wyllie, Cashier. — 3. Johnston, Secretary and Accountant
John Roger and William Catto, Clerks
Samuel Middleton and George Sinclair, Tellers.
BRANCHES.
Huntly, „~. Robert Milne Banff,
Keith, — Robert Green Inverury,
Elgin,^~„ Forsyth & Young Cullen,
Peterhead, James Anderson Ellon, .
Fochabers, Arthur Reid i Tarland,
Fraserburgh, William Fraser j
ABERDEEN TOWN AND COUNTY BANK. — 1825.
Capital, £1,000,000.
Sir Thomas Burnett, Bart, of Leys, Governor.
Extraordinary Directors.
William Annand of Belmont Alexander Gibbon of Johnston
Prof. J. Bentley, King's College | Roderick Gray, Peterhead
John Henry of Watchmount
Andrew Black of Foresterhill
Robert Duff of Fetteresso and
Culter
Admiral Sir Arthur Farquhar,
R.N., C.B.
James Ferguson of Kinmundy
Robert Leith of Druminnor
Dr. A. Ligertwood of Water-
idgemuir
W. M'Combie of Easter Skene
James Shepherd of Aldie