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Friday, December 12, 2014
BOND OF BANK OF BENGAL VERY RARE FOR SALE
IN dealing with the incidents of the Bank's History,
the perusal of the
voluminous records relating to particular points, has been almost
entirely refrained from, and is left to
form such opinion as he may from the bare record of events. Every care has been
taken to ensure accuracy as to details, but, as regards one or two items, .and
in particular, containing a list of the Bank's Officers since 1806, reliable
information has been difficult to secure, and approximate accuracy is the best
that can be attained. Events have, as far as possible, been dealt with in the
order in which they occurred, but, in some instances, particularly in the last
two or 'three Chapters, it has been found necessary to describe in one place
various items extending over a long period, and
exact chronological sequence has been sacrificed to
geuera-1 expediency
Bank of Bengal banknote with
signature, Bank of Bengal HALF NOTE FOR SALE, BLACK
PENNY, indian banknote,musham damodhar rao, story of bank of bengal documents
history,presidency banknotes,documents of presidency
banknotes,east India company documents,signatutures of east India company
officers,
HALF BANKNOTE STORY OF BANK OF BENGAL 1839 AD CALCUTTA.
HALF BANKNOTE STORY OF BANK OF BENGAL 1839 AD CALCUTTA.
-researched written by Musham Damodhar Rao Historian-Epigraphist
- Owner of indianbanknoteS.blogspot.in
With 1,84,554 hits from 156 nation.
India experienced turbulent period during the rule of East India Company, The East India Company had started a new system so far in dark coming into light with this document for first time.
Thugs played havoc in roadside travel, to cope this EIC envisaged a plan to issue banknotes which failed several times from 1797 to 1809 .Later the issues started from 1812 in Sicca Rupees which were not so successful so people knew little about them.
present design of banknotes came into effect from 1824 with limited issues, with Commerce sitting on Merchandise.
Value panels in English, Bengali,
Persian and Gujarati.
EIC developed a system to counter THUGS and robberies menace. First one half of banknote was sent then second Half was sent if first half reached safely otherwise the second half was surrendered to Bank of Bengal to redeem the amount of the banknote.
THIS STORY IS TOLD IN THIS DOCUMENT EXECUTED IN FORM OF “BOND OF INDEMNITY” OF BANK OF BENGAL.
indianbanknotes.blogspot.in
http://bankofbengal.blogspot.in/
Wednesday, December 3, 2014
Bank of Bengal incorporated for 7 years Natives-Armenians
Bank of Bengal incorporated for 7 years,Armenians
The Bank was to be incorporated for a term of 7 years. The Governor General in Council was to exercise control over the administration of the Bank. The Government were to guarantee the responsibility of the Bank's establishment. Directors, who might be "Armenians, Natives or others" had to hold at least one whole
share of Rs. 10,000 each.
The power of electing a Director in the case of a vacancy lay
with the Proprietors and not with the remaining
Directors
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