Sheffield Union Bank Explained

The Sheffield Union Bank was based in Sheffield from 1843 to 1901.

The bank was established in 1843 when it took over the business of the Sheffield branch of the York District Bank. It has authorisation to raise capital of £150,000 in 7,500 shares of £20 each.[1] The four directors were William Smith, John Hall, Richard Sorby and Mark Maugham. The head office and bank was at 1 Bank Street, Sheffield.

In 1875 the manager of the Attercliffe branch, William Widdowson, aged 24, absconded. It was discovered that there were anomalies in the accounts estimated at £2,000.[2]

In 1881, Francis Bristowe Scott, aged 32, the manager of the Sheffield Moor branch, was convicted of embezzlement of £1,600. He was sentenced to 12 months’ imprisonment with hard labour.[3]

It acquired limited liability in 1883.[4] It was amalgamated with the London City & Midland Bank Ltd on 30 June 1901.[5]

Branches

The head office was based in Sheffield. The branch offices were located at:

Notes and References

  1. News: . Sheffield Union Bank . Sheffield Iris . England . 27 May 1843 . 8 July 2023 . British Newspaper Archive . subscription .
  2. News: . Defalcations by a Sheffield Bank Manager . Sheffield Daily Telegraph . England . 6 September 1875 . 8 July 2023 . British Newspaper Archive . subscription .
  3. News: . Embezzlement by a Sheffield Bank Manager . Sheffield Daily Telegraph . England . 14 October 1881 . 8 July 2023 . British Newspaper Archive . subscription .
  4. News: . New Company . Midland & Northern Coal & Iron Trades Gazette. England . 10 October 1883 . 8 July 2023 . British Newspaper Archive . subscription .
  5. News: . Sheffield Bank Amalgamates . Sheffield Daily Telegraph . England . 18 July 1901 . 8 July 2023 . British Newspaper Archive . subscription .
  6. News: . This Day. Sheffield Union Banking Company. . Sheffield Independent. England . 25 January 1875 . 8 July 2023 . British Newspaper Archive . subscription .
  7. News: . The Sheffield Union Banking Company. . Sheffield Daily Telegraph . England . 26 May 1890 . 8 July 2023 . British Newspaper Archive . subscription .
  8. News: . The Sheffield Union Banking Company. . Sheffield Daily Telegraph . England . 2 June 1890 . 8 July 2023 . British Newspaper Archive . subscription .
  9. News: . Banks . Derbyshire Courier . England . 10 October 1846 . 8 July 2023 . British Newspaper Archive . subscription .
  10. News: . Sheffield Union Banking Company . Sheffield Daily Telegraph . England . 24 December 1872 . 8 July 2023 . British Newspaper Archive . subscription .
  11. News: . Opening of a New Bank at Rotherham . Sheffield Daily Telegraph . England . 15 July 1876 . 8 July 2023 . British Newspaper Archive . subscription .
  12. News: . Sheffield Union Banking . Sheffield Daily Telegraph . England . 22 May 1875 . 8 July 2023 . British Newspaper Archive . subscription .