Haverfordwest Bank
Encyclopedia
Haverfordwest Bank is a defunct Welsh
bank
which was located in Haverfordwest
, Pembrokeshire
. It was established in the 18th century by a Jewish entrepreneur
who settled in Wales
.
. They adopted the surname Phillips, after being befriended by a gentleman of that name in Haverfordwest, and were baptized in St. Mary’s Church, Haverfordwest, in 1755/1756. Samuel Levi Phillips married twice and had nine children. The marriages and children’s baptisms are recorded at St. Mary’s Church. His second son, Nathaniel Phillips, succeeded in the banking business.
The date of establishment of the bank is unknown, but it was in existence in 1817 and was operated by the firm of S. L. Phillips, Son, & Co., and was thereafter operated by the firm of Nathaniel Phillips.
The bank was located in High Street, Haverfordwest.
.
, Milford and Pembrokeshire Bank
, Milford Bank, Pembrokeshire Bank
, and Lock, Hulme & Co.
Wales
Wales is a country that is part of the United Kingdom and the island of Great Britain, bordered by England to its east and the Atlantic Ocean and Irish Sea to its west. It has a population of three million, and a total area of 20,779 km²...
bank
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...
which was located in Haverfordwest
Haverfordwest
Haverfordwest is the county town of Pembrokeshire, Wales and serves as the County's principal commercial and administrative centre. Haverfordwest is the most populous urban area in Pembrokeshire, with a population of 13,367 in 2001; though its community boundaries make it the second most populous...
, Pembrokeshire
Pembrokeshire
Pembrokeshire is a county in the south west of Wales. It borders Carmarthenshire to the east and Ceredigion to the north east. The county town is Haverfordwest where Pembrokeshire County Council is headquartered....
. It was established in the 18th century by a Jewish entrepreneur
Entrepreneur
An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...
who settled in Wales
Wales
Wales is a country that is part of the United Kingdom and the island of Great Britain, bordered by England to its east and the Atlantic Ocean and Irish Sea to its west. It has a population of three million, and a total area of 20,779 km²...
.
History
The bank was founded by Samuel Levi Phillips, who arrived with his brother, Moses Levi Philips, in Haverfordwest in the middle of the eighteenth century. Their ancestral home was the city of Frankfurt-am-Main in GermanyGermany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
. They adopted the surname Phillips, after being befriended by a gentleman of that name in Haverfordwest, and were baptized in St. Mary’s Church, Haverfordwest, in 1755/1756. Samuel Levi Phillips married twice and had nine children. The marriages and children’s baptisms are recorded at St. Mary’s Church. His second son, Nathaniel Phillips, succeeded in the banking business.
The date of establishment of the bank is unknown, but it was in existence in 1817 and was operated by the firm of S. L. Phillips, Son, & Co., and was thereafter operated by the firm of Nathaniel Phillips.
The bank was located in High Street, Haverfordwest.
Connection with Milford and Pembrokeshire Bank
Samuel Levi Philips bequeathed to his first son, Philip, the sum of £1000 ‘advanced as my part of the capital joint stock in the new Milford Bank, as one of the co-partners therein.’ The bank was probably the Milford and Pembrokeshire BankMilford and Pembrokeshire Bank
This Bank was probably founded in 1802. It was established in Pembrokeshire, with a branch at Milford and was one of the banks founded as a result of the Bank of England stopping cash payments in 1797.-History:...
.
Other Pembrokeshire banks
Other Pembrokeshire banks include: J. Dunne & Co., Tenby, Union Bank (Pembrokeshire)Union Bank (Pembrokeshire)
Union Bank was a bank operated by the firm of Bateman & Co. and it is listed in the London Directory for 1807. However, the date of establishment of the bank is unknown....
, Milford and Pembrokeshire Bank
Milford and Pembrokeshire Bank
This Bank was probably founded in 1802. It was established in Pembrokeshire, with a branch at Milford and was one of the banks founded as a result of the Bank of England stopping cash payments in 1797.-History:...
, Milford Bank, Pembrokeshire Bank
Pembrokeshire Bank
This bank was operating in Pembrokeshire, in Wales during the early 19th century. It became bankrupt in 1826.-Origins:The date of establishment of the Bank is unknown, but the London Directory indicates that the business was in operation from 1811 to 1827, inclusive. The style of the partnership...
, and Lock, Hulme & Co.
Lock, Hulme & Co.
This Pembrokeshire bank was established by a Mr Hulme, who was a bank clerk. He worked for the Carmarthen Bank before its failure in 1832, and went into partnership with a Mr Robert Lock. They traded under the name Lock, Hulme & Co....