Colonial Bank (West Indies)
This article relies largely or entirely on a single source. (November 2019) |
Industry | Banking |
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Founded | June 1, 1836London | in
Defunct | September 15, 1925 |
Successor | Barclays Bank (Dominion, Colonial and Overseas) |
Headquarters | London , United Kingdom |
Area served | West Indies |
Colonial Bank Act 1856 | |
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Act of Parliament | |
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Long title | An Act to extend the Period limited for the Exercise of the Powers of the Colonial Bank; and for other Purposes. |
Citation | 19 & 20 Vict. c. iii |
Dates | |
Royal assent | 29 April 1856 |
Other legislation | |
Repealed by | Colonial Bank Act 1925 |
Status: Repealed | |
Text of statute as originally enacted |
Colonial Bank Act 1898 | |
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Act of Parliament | |
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Long title | An Act to alter and extend the constitution and powers of the Colonial Bank. |
Citation | 61 & 62 Vict. c. cxxxi |
Dates | |
Royal assent | 25 July 1898 |
Other legislation | |
Repealed by | Colonial Bank Act 1925 |
Status: Repealed | |
Text of statute as originally enacted |
Colonial Bank Act 1900 | |
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Act of Parliament | |
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Long title | An Act to increase the limit of the Note issue of the Colonial Bank and for other purposes. |
Citation | 63 & 64 Vict. c. ii |
Dates | |
Royal assent | 9 April 1900 |
Other legislation | |
Repealed by | Colonial Bank Act 1925 |
Status: Repealed |
The Colonial Bank was a bank in the British territories of the West Indies during the colonial era. The bank was established by royal charter on 1 June 1836, and had opened offices in most of the territories by 1837.[1]
Colonial Bank Act 1916 | |
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Act of Parliament | |
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Long title | An Act for granting additional powers to the Colonial Bank. |
Citation | 6 & 7 Geo. 5. c. vi |
Dates | |
Royal assent | 25 May 1916 |
Other legislation | |
Repealed by | Colonial Bank Act 1925 |
Status: Repealed | |
Text of statute as originally enacted |
Colonial Bank Act 1917 | |
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Act of Parliament | |
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Long title | An Act for granting additional powers to the Colonial Bank. |
Citation | 7 & 8 Geo. 5. c. xlviii |
Dates | |
Royal assent | 2 August 1917 |
Other legislation | |
Repealed by | Colonial Bank Act 1925 |
Status: Repealed | |
Text of statute as originally enacted |
The Colonial Bank Act 1916 (6 & 7 Geo. 5. c. vi) gave the Colonial Bank the power to operate throughout the British Empire, and it expanded to West Africa. The Colonial Bank Act 1917 (7 & 8 Geo. 5. c. xlviii) further extended the bank's powers, allowing it to operate in any part of the world. Later in 1917, the Colonial Bank entered into a working arrangement with Barclays Bank.
Colonial Bank Act 1925 | |
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Act of Parliament | |
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Long title | An Act to provide a new constitution for The Colonial Bank and to re-incorporate the same to reorganise its capital to confer further powers on The Colonial Bank to repeal existing Charters and Acts and for further purposes. |
Citation | 15 & 16 Geo. 5. c. cvi |
Dates | |
Royal assent | 7 August 1925 |
Text of statute as originally enacted |
Barclays Bank obtained control of Colonial Bank in 1919, and following re-incorporation by the Colonial Bank Act 1925 (15 & 16 Geo. 5. c. cvi) it changed its name to Barclays Bank (Dominion, Colonial and Overseas).[2] The Anglo-Egyptian Bank and the National Bank of South Africa were then merged into Barclays Bank DCO.
References
[edit]- ^ William A. Green (1991). British Slave Emancipation: The Sugar Colonies and the Great Experiment, 1830-1865. Clarendon Press. p. 180. ISBN 978-0-19-820278-3.
- ^ "Founding Banks and building societies: Colonial Bank". Barclays Group Archives.