Naval Bank, Plymouth Explained

The Naval Bank was established as a private banking partnership in Plymouth, Devonshire, in 1774. It had branches in Devon at Dartmouth, Newton Abbot, Totnes, Ivybridge, Modbury, Paignton, Saltash, Stonehouse, Mutley, Devonport, Kingsbridge, Yealmpton and South Brent.^[1] In 1914 the bank became insolvent, having notoriously attempted to defraud its customers, and was acquired by Lloyds Bank.^[2]

History

1845/6

In 1845/6 the partnership was called "Harris, Mudge & Co.", the partners being:

• Harry Bulteel Harris of Radford, Plymstock;
• Richard Zachariah Mudge, of Beechwood, Devon;
• Thomas Hillersden Bulteel, of Plymouth;
• Christopher Harris of Thorncott, Plymstock;
• Josias Hayne Dawe of Plymouth.

References

1. Web site: Harris, Bulteel & Company records. Archives Hub. 2017-08-05.
2. Lloyds Banking Group Archives (London), Ref:GB 386 A/52