Agency:
Archer, Gilles and Company Bank
Agency Number:
Start Date:
01 Jan 1840
End Date:
31 Dec 1844
Description:
Archer Gilles & Co's bank was established in Launceston, in Brisbane Street, in 1840. A partnership agreement took effect from 1 August 1840, but the books show that the business was in operation from at least 12 June 1840. The bank had a capital joint stock of 50,000 pounds, mainly in shares of 500 pounds held by the partners. The partners were: William Archer, Edward Archer, Joseph Archer, James Cox, William Dallas Bernard and Lewis William Gilles. Lewis W. Gilles was appointed manager.;;The business was more of a trading bank than a savings bank and held estates and traded in produce, especially wool, and imports of sugar etc. An agency was established in London during a visit there by Joseph Archer and the bank negotiated with other banks for nomination as their agents. In the next few years, however, business grew steadily worse.;; In December 1843 L.W. Gilles wrote to the London agent, Robert Brooks, to inform him of the intention to discontinue the business at the end of the year. In January 1844, Gilles formally resigned as manager when making his annual report;;The bank was then absorbed by the Union Bank of Australia. The Union Bank merged in 1951 with the Bank of Australasia to become the Australia and New Zealand Bank Ltd.;;
Information Sources:
"NO. 1 STAND." Daily Telegraph (Launceston, Tas. : 1883 - 1928) 14 March 1884
Functions Performed:
Tasmanian businesses
Related Agencies:
Union Bank of Australia (NG2916) | 01 May 1838 | 01 Oct 1951 |
Series Created By Agency:
NS3933 Index to a Ledger |
NS3926 Business Correspondence and Papers | 01 Jan 1840 | 31 Dec 1847 |
NS3930 Records relating to Bills of Exchange | 01 Jan 1840 | 31 Dec 1844 |
NS3935 Bank Trading Accounts | 01 Jan 1840 | 31 Dec 1844 |
NS3936 Records of Transactions with Other Banks | 01 Jan 1840 | 31 Dec 1844 |
NS3938 Client Accounts | 01 Jan 1840 | 31 Dec 1844 |
NS3939 Miscellaneous Documents | 01 Jan 1840 | 31 Dec 1846 |
NS3927 Daily Account Books | 12 Jun 1840 | 20 Dec 1843 |
NS3934 Miscellaneous Banking Records | 01 Jan 1841 | 31 Dec 1843 |
NS3937 Dishonoured Bills | 01 Jan 1841 | 31 Dec 1844 |
NS3940 Reports | 01 Jan 1841 | 31 Dec 1844 |
NS3925 Letterbook of Business Correspondence | 01 Jan 1842 | 31 Dec 1843 |
NS3931 Tellers' Cash Books | 14 May 1842 | 31 Dec 1843 |
NS3922 Records of Bills Discounted and Bills collected | 01 Jul 1842 | 31 Dec 1843 |
NS3932 Ledger | 01 Jul 1842 | 31 Dec 1843 |
NS3942 Correspondence relating to the Closure of the Archer, Gilles and Company Bank | 01 Jan 1843 | 31 Dec 1845 |