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89:, but in 1866 the firm suspended payment with liabilities amounting to ÂŁ11,000,000 Sterling. The failure of that bank ruined a number of the Gurneys, as well as numerous investors. The Norwich bank, however, escaped significant damage to its business and reputation from the collapse of the cousins' business.
78:. On his father's death in 1809, Samuel Gurney assumed the control of the Norwich bank. About the same time, he also took over the control of the London billbroking business of Richardson, Overend & Company, in which he was already a partner. The title of the firm was subsequently changed to
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stated, shortly after the suspension: "It is understood that the suspension of
Overend, Gurney & Co will not in the slightest degree compromise Gurney's Bank of Norwich. That establishment recently passed into the hands of new partners, whose resources are beyond all question".
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Poole, a wine merchant, sold
Bartlett Gurney premises near to the red well, and Gurney installed safes for bullion. A junior clerk slept on the trapdoor to the vaults to safeguard the valuables. The bank issued its own notes. A
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The bank was founded in 1770 by John and Henry Gurney, sons of John Gurney (1688–1741), who passed the business to Henry's son, Bartlett Gurney, in 1777. The bank was founded in what is now known as
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Gurneys were renowned for their honesty, reliability, and fair dealings — so people entrusted them their money for safe keeping. About 1777,
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Bartlett Gurney died in 1802, without a male heir, in
Norwich. He was succeeded in control of the bank by his cousins, including
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In 1865, the business of
Overend, Gurney & Company, which had come under less competent control, went public as a
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of London and several other provincial banks, controlled by Quaker families, to form what is now
Barclays Bank.
63:(complete with brass collar) stood on guard inside the doors at the Bank Plain premises, and there was always a
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82:, and for forty years it was the greatest discounting house in the world. Samuel Gurney died in 1856.
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312:"Gurneys, Alexanders, Birkbeck, Barclay, Buxton and Kerrison (Ipswich Bank and Woodbridge Bank)"
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110:, a character describes his accumulation of wealth until he "became as rich as the Gurneys".
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250:, May 11, 1866; p. 11, col F, “Money-Market & City Intelligence” Section
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The
Mystery of Overend & Gurney: A Financial Scandal in Victorian London
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213:. Vol. 12 (11th ed.). Cambridge University Press. p. 732.
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Welcome to North
Runcton, a village near King's Lynn, Norfolk, UK
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Friends and
Relations: Three Centuries of Quaker Families
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Archives of Gurney's & Company, Norwich, 1775-1896
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22:was a family-run bank founded by members of the
97:The Gurney family was known for its wealth; in
231:(2001) Cambridge University Press, Chapter 1
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229:Barclays: The Business of Banking, 1690-1996
171:(online ed.). Oxford University Press.
486:London Provincial & South Western Bank
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638:British companies disestablished in 1896
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168:Oxford Dictionary of National Biography
16:Bank formerly based in Norwich, England
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74:, whose children included the banker
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165:Gregg, H.F. (2004). "Gurney, John".
593:Defunct banks of the United Kingdom
113:In 1896, Gurney's Bank merged with
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307:— an account of the Gurney family.
295:. London: Hodder & Stoughton.
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628:1896 disestablishments in England
456:FirstCaribbean International Bank
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264:. London: Methuen. p. 235.
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332:"Daniel Gurney of Runcton Hall"
50:(formerly Redwell Street). The
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26:in 1770 and headquartered in
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185:UK public library membership
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80:Overend, Gurney and Company
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608:Companies based in Norwich
260:Elliott, Geoffrey (2006).
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603:Banks established in 1770
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406:Division and subsidiaries
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350:Evening News Street Names
514:(Group Chief Executive)
316:Barclays Group Archives
210:Encyclopædia Britannica
147:Gurney family (Norwich)
223:Ackrill, Margaret and
177:10.1093/ref:odnb/11766
512:C. S. Venkatakrishnan
481:Lock, Hulme & Co.
432:Historical components
471:Kuhn, Loeb & Co.
99:Gilbert and Sullivan
529:One Churchill Place
87:joint stock company
623:History of Norwich
613:History of Norfolk
117:of Darlington and
34:. It merged into
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339:. Retrieved
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319:. Retrieved
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139:Banks portal
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61:bull mastiff
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418:Barclaycard
103:comic opera
72:John Gurney
65:blunderbuss
587:Categories
536:(Brooklyn)
505:Management
441:Absa Group
187:required.)
153:References
48:Bank Plain
341:18 August
321:18 August
248:The Times
91:The Times
38:in 1896.
559:Category
399:Barclays
291:(1980).
125:See also
101:'s 1875
56:Alderman
571:Commons
540:Enfield
42:History
32:England
28:Norwich
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52:Quaker
522:Other
343:2018
323:2018
297:ISBN
266:ISBN
233:ISBN
173:doi
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