Norfolk Annals, Vol. 2: A Chronological Record of Remarkable Events in the Nineteeth CenturyMackie, Charles
History
Norfolk Annals, Vol. 2: A Chronological Record of Remarkable Events in the Nineteeth Century
Mackie, Charles
Norfolk (England) -- History
3.—Died, in his 78th year, Mr. William Johnson Fox, for many years member
of Parliament for Oldham, and popularly known as “the Norwich Weaver
Boy.”
7.—The 18th Hussars left Norwich for Shorncliffe, prior to their
embarkation for India. This was the first regiment which departed from
the city by train.
8.—The annual show of the Norfolk Agricultural Association was held at
Lynn, and was visited by upwards of 14,000 persons. Mr. R. J. H. Harvey
was president for the year.
18.—Died, near Christchurch, New Zealand, aged 59, the Ven. Octavius
Mathias, Archdeacon of Akaron and formerly vicar of Horsford. He was one
of the first to take an interest in the foundation of Canterbury
Cathedral, New Zealand, and was elected one of the capitular clergy.
JULY.
5.—A barque, named the Oriental, was launched from Mr. J. W. Rust’s
shipyard at Yarmouth. The vessel, which was intended for the China
trade, was 115 feet long, 24 feet beam, 15 ft. 8 inches in depth, and 320
tons burthen.
9.*—“An agreement has been entered into for the purchase, by the
Provincial Banking Corporation, of the business of the East of England
Bank, an unlimited joint stock bank established in 1836, with head office
at Norwich and branches at Yarmouth, Lynn, North Walsham, Fakenham, East
Dereham, Swaffham, Bungay, Halesworth, and Harleston, and agencies at
Wymondham, Wells, and Hingham.” The city was startled on the 20th by the
rumour that the Bank had suspended payment. “On those who had accounts
at the Bank going to that establishment, the doors were found to be
closed, and a printed notice was exhibited in the windows to the effect
that the directors regretted to intimate that they were compelled to
suspend business. Up to the hour of closing on the previous day the
directors, after having resolved to suspend payment, continued to receive
the money of unsuspecting customers.” A few days afterwards was issued a
statement, from which it appeared that the Bank’s liabilities were
£576,963 7s. 6d., and assets £453,256 5s. 3d., leaving a deficit of
£123,707 2s. 3d. Meetings of the shareholders were held, at which
resolutions were passed in favour of registering the company under the
Companies Act, 1862, with the view to a voluntary winding up. On August
13th it was announced that the Provincial Banking Company had issued a
circular to the late customers of the Bank, stating “that being satisfied
there was a probability of the customers being paid in full, they had
authorised the branch managers at once to give credit to each customer of
the East of England Bank in his pass-book for the full amount of the
balance due to him on his current account with the East of England Bank.”
Messrs. Harveys and Hudsons, immediately after the issue of the circular,
offered like terms. Dividends were, in due course, paid to the creditors
of the Bank. In July, 1866, it was stated that the liquidators had
announced “a further dividend of 2s. 6d. in the pound, which will make
20s.
Public-domain text, read in full here on John Shaqi.
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