Tag Archives: bank

From bank to beauty parlour

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AL SAQI BOOKSHOP in London’s busy Westbourne Grove occupies a shop with a façade that would not look out of place on a palazzo on the Grand Canal in Venice. I have already described the interesting history of this building elsewhere (https://adam-yamey-writes.com/2020/10/18/the-story-of-a-bookshop/).

62-64 Westbourne Grove, London

Further west along the Grove, well past the Planet Organic ‘wholefood’ store and Alounak, one of the Grove’s several Persian restaurants, we reach number 62-64, whose façade is almost as grand as that of Al Saqi. Unlike the latter, this building’s history is harder to ascertain. Currently, it is the premises of Aveda, a beauty salon also called Gina Conway Salon Spa.  The ground floor façade of this edifice includes neoclassical columns with Doric capitals, and decorative mouldings, which include the letters ‘C’, ‘L’, and ‘M’. These are intertwined to form a logo. The first floor is fronted by three large arches separated by decorative mouldings and the top storey has three sets of windows set back behind lintels supported by short columns with Doric capitals. The salon, although modernised to suit its current purpose, has its original elaborately decorated moulded plaster ceiling and wall mouldings, some of which depict the heads of angels or putti.  Nobody in the salon had any ideas about the history of this attractive building.

A photograph in the London Metropolitan Archives describes number 62 as having an Edwardian façade. When this image was created in 1974, the building was a branch of the Midland Bank, which occupied its western two thirds. The eastern third of the place was the premises of The French Kitchen and Tableware Supply Company. The bank was already in existence at this address in 1940.  What was there before the bank occupied the edifice and when exactly it was built, I have not yet discovered. The building is marked as a bank on a detailed map surveyed in 1914, but not on one surveyed in 1893. However, Allan & Mortons Street Directory of 1867 revealed that number 62 was then the address of Dr Barry, who practised homeopathic medicine.  Both the 1893 and the 1914 maps mark the building west of number 62-64 on the corner of the Grove and the western arm of Newton Road as being a bank at those times. This building currently houses Farmacy, a vegan eatery.

The logo ‘LCM’ on the old bank stands for ‘London, City, and Midland’, a bank founded in 1898, which was renamed the London Joint City and Midland Bank in 1918 and then the Midland Bank in 1923 (www.gracesguide.co.uk/London_City_and_Midland_Bank). In the absence of any more information and in view of the fact that the architectural historian Pevsner regarded it as “Edwardian”, it might be safe to conclude that the present building at 62-64 Westbourne Grove was originally constructed to house a bank sometime during the reign of Edward VII, i.e., between 1901 and 1910, and certainly before 1918.

A beautiful bank

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LOVERS OF ARCHITECTURE will find much to enjoy amongst the buildings that fill the historic centre of the university city of Cambridge. Amongst the sea of old colleges, which are rich in fine architectural features, there are some attractive buildings whose existence are not solely due to the requirements of academia. One of these stands at the southern end of Sidney Street. Formerly Foster’s Bank, this picturesque edifice faced with alternating stripes of red and white and topped with a highly decorative clock tower, now houses a branch of Lloyd’s Bank.

Ebenezer Foster (1776-1851) and his brother Richard, both born in Cambridge, founded their bank in 1804. The bank was originally founded for the workers at the three mills that the Fosters owned (www.findagrave.com/memorial/181142444/ebenezer-foster). Because the university would not allow the Fosters to build railway lines to their mills, they constructed another mill close to the existing railway lines. This mill is now called Spillers Mill. The Foster family lived at Anstey Hall in Trumpington (near Cambridge) from 1838 to 1941. Ebenezer died in Trumpington. Ebenezer was Mayor of Cambridge in 1836, and later a county magistrate, then the High Sheriff in 1849. In addition to other public positions, he was a governor of Addenbrooke’s Hospital. Ebenezer’s obituary in “Cambridge Independent Pres” on Saturday the 31st of May 1851 noted:

“Mr. Foster was at the head of the first banking and mercantile establishments in the town. It is unnecessary, therefore, to say that his life was one of great activity and usefulness; and it is not too much to say that in every occupation, whether public or private, his conduct commanded universal respect.”

Before 1891, Fosters Bank was housed on Trinity Street in what was once the Turk’s Head:

“The rather attractive Tudor shop on Trinity Street now occupied by a clothes shop was once the Turk’s Head Coffee House, one of the earliest coffee houses in the country (17th century). It was much frequented by students. The upper floors later became the Turk’s Head Carvery, but it is now entirely given over to floral prints. The building was once the home of Fosters’ Bank, which later moved …” (www.cl.cam.ac.uk/~ckh11/cam.html).

Years ago, in the late 1960s, four of us, three friends and myself, ate a meal at the Turks Head. The bill for the four of us came to 14/6 (72.5pence) and we gave the waiter 15/- (15 shillings: 75 pence). My friends were horrified when I told the waiter:

“Keep the change.”

For, even in those far-off days, sixpence (2.5 pence) was a rather mean tip for a bill of 14/6.

In 1891, the bank building at the south end of Sidney Street, once Foster’s now Lloyd’s, was completed. It was designed by the architects A and P Waterhouse. Alfred Waterhouse (1830-1905) was the eldest of eight children. One of his siblings, Edwin Waterhouse (1841–1917), was one of the founders of the accountancy company Price Waterhouse (now incorporated into PWC). Alfred’s son Paul (1861-1924) joined his father’s architectural practice in 1884, becoming a partner in 1891, the year that the Foster’s Bank building was put up in Sidney Street.

Alfred Waterhouse and his practice were responsible for the design of many impressive buildings in the Victorian era. One of them, which is very well-known, is London’s Natural History Museum. Slightly less famous but equally impressive is the Prudential Assurance Building in London’s Holborn. This building is opposite numbers 337 and 338 High Holborn, which survived the Great Fire of London of 1666, and were restored by Waterhouse.   Apart from the bank in Cambridge and the Cambridge Union building, he also designed buildings associated with the following colleges: Jesus, Gonville and Caius, Pembroke, Girton, and Trinity Hall.  The bank in Cambridge is one of seven designed by Alfred Waterhouse.

I have entered the former Foster’s Bank only once. The glass-ceilinged banking hall is a riot of colour, its surfaces covered by tiles with sculpted surfaces. The octagonal clock tower is topped with a sharply pointed octagonal roof, one of the city’s many spires. The clock faces with their Roman numerals are made with tiling in several colours. Although now a branch of Lloyds, the name Foster can still be seen clearly above the main doorway.

When you next visit Cambridge, by all means admire Kings College Chapel and other architectural gems within the various colleges, but do spare some time to enjoy the former Foster’s Bank building on Sidney Street before visiting the nearby marketplace, which I always enjoy.

So much history in such a small space

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VISITING HAMPSTEAD IN north London is always a pleasure. Although many of its residents might disagree, this small hill town surrounded by heathland and the rest of the metropolis has retained much of its history and charm. We have taken to walking from West Heath Road to South End Green by way of Holly Hill, Hampstead High Street, and Rosslyn Hill. Each time we ramble along this route, I spot things that arouse my interest. Here are a few of them near where Pilgrims Lane meets Rosslyn Hill.

According to GE Mitton in “Hampstead and Marylebone” (publ. 1902), Rosslyn Hill was originally named ‘Red Lion Hill’ after a pub that used to stand on this thoroughfare just across the road from the western end of Willoughby Road, but was no longer in existence when Mitton was writing. Rosslyn Hill is most likely named after Rosslyn House, a mansion with extensive grounds that lay between Rosslyn Hill and the present Fitzjohns Avenue. Lyndhurst Avenue marks the northern boundary of the now non-existent Rosslyn estate. It was once the home of Alexander Wedderburn, 1st Earl of Rosslyn (1733-1805), who was a lawyer and politician. He served as Lord High Chancellor of Great Britain from 1793 to 1801.

The Red Lion no longer exists. Neither does the police station that once stood on its site. Today, a pink granite drinking fountain stands by the side of the pavement where the pub used to be. It was probably constructed in the third quarter of the 19th century. Inscribed with quotations of a Christian nature, it provides a tap and basin for humans and below it at floor level another for animals. The lower basin is surrounded by the words:

“The merciful man is merciful to his beast”.

The fountain appears to be out of action currently.  It bears no evidence of which organisation placed it there.

Further down Rosslyn Hill, we reach the corner of Pilgrims Lane, a street that leads east to Willow Road. On a map surveyed in 1895, most of what is now Pilgrims Lane, was once named ‘Worsley Road’. Only a short, curved stretch near Rosslyn Hill had its present name. The lane is not named after pilgrims in general but in memory of Charles Pilgrim or his father James (died 1813), who had once owned part of the local Slyes Manor (www.british-history.ac.uk/vch/middx/vol9/pp91-111).

A former branch of Lloyds Bank stands on the north corner of Rosslyn Hill and Pilgrims Lane. The entrance of this handsome building is on its corner. It is surmounted by a hemicircular pediment in which there is a bas-relief crest bearing the letters “LBL”. Above this there is a sculpture of a beehive, the symbol of industriousness and:

“… for Lloyds Bank from 1822 until 1884, when the bank took over Barnetts Bank in 1884 and adopted its symbol – a black horse.” (http://manchesterbe.es/index.php/2016/03/07/king-street-bees-and-beehives/)

‘LBL’ stands for Lloyds Bank limited.

The bank building, now converted to a block of flats, was designed in 1894/95 by Horace Field (1861-1948), who designed several banks for Lloyds. The architectural historian Nikolaus Pevsner, a resident of Hampstead (at North End), described the Queen Anne-revival type of building as:

“… accomplished Wrennaissance style …”

Part of the building facing Pilgrims Lane must have always been residential as the painter and printmaker Sir William Nicholson (1872-1949) lived here between 1904 and 1906. His son was the well-known artist Ben Nicholson (1894-1982), who was married to the sculptor Barbara Hepworth. Part of Ben’s education was in Hampstead at Heddon Court School, which is now in Mill Hill (www.hamhigh.co.uk/lifestyle/heritage/heritage-ben-nicholson-was-one-of-a-nest-of-gentle-3444214).

A short distance away from the former bank there is a non-descript house on Pilgrims Lane, where the ‘cellist Jacqueline du Pré (1945-1987) lived between 1970 and 1975. Opposite the bank building is number 2a Pilgrims Lane, which is a big house largely hidden by a high wall. Its door bears the name “Rosslyn Hill House”. From what I could see of it, it looks quite old, probably early 19th century (https://historicengland.org.uk/listing/the-list/list-entry/1139059). It was the home of Edward Henry Nevinson (died about 1850 in Hampstead), Paymaster to the Exchequer. At one time, this was the home of another Nevinson, the journalist and essayist Henry Woodd Nevinson (1856-1941; http://www.british-history.ac.uk/vch/middx/vol9/pp15-33 ). He married the British suffrage campaigner Margaret Wynne Nevinson (née Jones; 1852-1932). Their son, the artist Christopher RW Nevinson (1889-1946), was born in their family home in nearby Keats Grove.

Proceeding a few yards down Rosslyn Hill, we arrive at a large redbrick building with white stone trimmings on the south corner of Downshire Hill. This was built as the ‘Hampstead Police Station and Magistrates’ Court’ in 1913 to the design of architect John Dixon Butler (1861-1920), who:

“…was appointed Architect and Surveyor to the Metropolitan Police in 1895, following the retirement of his father, who had held the post since 1881. Dixon Butler was articled to his father, John Butler, and hence had an excellent education in the design and planning of police-related buildings…” (https://historicengland.org.uk/listing/the-list/list-entry/1130397).

It has been re-purposed. A doorbell next to a side door on the Downshire Hill side of the edifice is still labelled “Magistrates”.

I have described several buildings and an old drinking fountain, all with historical interest. They are all located within 100 yards of each other. I have not included the remnants of Vane House, which I have described elsewhere, nor the 18th century Cossey Cottage on Pilgrims Lane near to the ‘cellist’s former home, which are within this short distance. This concentration of places of historical interest is yet more proof of my feeling that Hampstead is richly endowed with physical evidence of its fascinating past.

A beautiful bank

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FOUR THOUSAND THREE HUNDRED FLOWERS of Crocus sativus needed to be picked in order to produce an ounce (about 28 grams) of saffron in the sixteenth century. I learned this from a magnificent guidebook to East Anglia, written by Peter Sager. The fields surrounding the town of Saffron Walden in Essex used to be filled with the crocuses that were the source of the precious food additive saffron. The saffron industry flourished around the town during the 16th and 17th centuries, but by the 19th century the fields that had once been filled with crocuses became filled with barley. Even though the precious product saffron is hardly produced any more, Saffron Walden is a pleasant small town filled with interesting old buildings. One of these, which is far from being the oldest, now houses the local branch of Barclays Bank.

The centre of the square marketplace in Saffron Walden contains a tall ornate Victorian drinking fountain. This was designed by J F Bentley (1839-1902; architect of London’s Westminster Cathedral) and erected in 1862 to commemorate the marriage of Edward, Prince of Wales. The sides of the marketplace are lined with interesting eye-catching buildings. The Saffron Walden Library on the west side of the square is striking. This building was once the Corn Exchange. It was built in about 1847, possibly designed by R Tress. There is a sculpted ram’s head above the neo-classical pillar-flanked main entrance, which is below an ornate clock tower. I noticed that depictions of animals also adorn the façade of the former Corn Exchange in Bury St Edmunds.  Peter Sager wrote that the ram is placed there in memory of the former, now demolished Woolstaplers Hall that once stood where the library now stands. During the 20th century, the building’s interior was modified to accommodate the town’s library, which was founded in 1832.

SAF 2

The south side of the square has a building with a ground level loggia and elegant half-timbering covering the upper storeys.  It looks mediaeval at first glance. But it is much too well-preserved to be that old.  This Victorian construction, now the Saffron Walden Tourist Information Centre, is also the Town Hall. The structure was built in 1761 and then extensively remodelled and enlarged in 1879 with money donated by George Stacey Gibson (1818-1883), a former Mayor of the town about whom I will soon reveal more.

The Saffron Walden branch of Barclays Bank is on the east side of the square and faces the library. The brick building that houses it, and which was designed by WE Nesfield (1835-1888) and built in 1874, is imposing. It has a large area of windows, each one framed by white masonry. A decorated lead frieze runs above the second floor and below the tiled roof with dormer windows and attractive brick chimney stacks. The main entrance is beneath a gothic arch, which is flanked by bas-relief depictions of birds with long necks and beaks, probably pelicans. Wooden doors near the entrance bear wood carvings that depict the letters “TG” and the date “1874”. Well-worn brass plates on the bank’s inner set of entrance doors read “Gibsons Bank”.

The first room that is reached from the entrance contains its original decorative features. These include a patterned stuccoed ceiling, a stone-framed fireplace with a colourfully tiled interior and fancy brass fire irons. There is wood panelling above the hearth and along the top of the windows in the wall separating this room from others deeper inside the building. The strip of panelling above the internal windows is richly carved with a variety of animals and birds. The rooms further inside the bank have been modernised to serve the requirements of current banking procedures.

Gibsons Bank, or to give it its full name ‘Gibson, Tuke and Gibson’, was also known as ‘Saffron Walden and North Essex Bank’, and ‘Saffron Walden and Bishop’s Stortford Bank’. It was established in 1824 by the Gibsons, a local Quaker brewing family. In 1863, Murray Tuke joined the surviving member of the Gibson family as a partner in the bank, hence the ‘TG’ we noticed on the door. That surviving Gibson was Tuke’s brother-in-law, George Stacey Gibson.

George joined the family bank in 1836 and became a partner in 1840. In addition to attending to the bank and innumerable civic duties, he became a renowned book collector and a serious botanist. In 1862, he published a flora of Essex. “This identified over 1,000 species of flowering plants and ferns, including four that were found only in Essex. “Flora of Essex” sealed Gibson’s reputation as a botanist and for the next century it was regarded as the definitive work on Essex botany” (see: http://www.hundredparishes.org.uk/). He was also the ‘discoverer’ of five flowering plant species that were new to Britain in the early 1840s.  

After his father died in 1862, George had to dedicate most of his time to the bank, his work on the Town Council, and charitable commitments, many of which related to the Society of Friends. He died at the Devonshire House Temperance Hotel in Bishopsgate Street, City of London, from inflammation of the kidneys.

In 1896, the bank, which had been associated with Fordham, Gibson and Co of Royston since 1880, became one of the twenty banks that joined together to form the Barclays Bank consortium. Another bank to join this group in 1896 was Goslings in London’s Fleet Street. Happily, Barclays have managed to preserve some of the original architectural features of both Gosling’s and Gibson’s historic premises. Even if you do not need to cash a cheque or deposit some money, visits to both of these formerly independent banks will provide a feast for the eyes.

PS: I have concentrated on the buildings in the marketplace of Saffron Walden, but must tell you, dear reader, that there is plenty more to see in the town including a fine parish church, many picturesque old buildings,  and the impressive ruins of a mediaeval castle.

The bank manager

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I have always had difficulty reproducing my signature. Sometimes, this can create problems.

money

It was a warm day, lunchtime, in Spring 1982 when I walked to the local branch of my bank in the village, where I had just begun practising dentistry in north Kent. I needed some money. I wanted to cash a cheque to obtain ten Pounds.

I filled in one of my cheques, signed it, and handed it along with my bank card to the teller. She looked at the card and the cheque, and then said:

“I am sorry, sir, but your signatures do not match. Please re-sign your cheque.”

I did as was requested. But, the third signature differed significantly from the first two, which also looked unalike.

“Try again, Sir.”

My fourth attempt was yet another variation on a theme. The teller did not approve of it. By now, I was feeling both sweaty and slightly hypoglycaemic. I snatched my cheque and card and stormed out of the bank.

After returning to the dental practice, I calmed down. I still needed that £10. I rang the bank and asked to see the manager immediately. I was asked to return, which I did. On my arrival, the manager, dressed in a smart suit, was summoned to the counter. He said to me:

“How can I help you, sir?”

“I have just begun working as a dentist in the practice up the…”

Before I could finish, the manager invited me into his office. He offered me a chair, and then sat down. I explained what had happened earlier, and that I was concerned about having similar problems in the future as his branch was the most convenient bank to reach on my working days.

“Please give me the cheque, Mr Yamey.”

I handed him my cheque, which was covered with a selection of vaguely similar signatures.

“Please wait a moment,” the manager said, leaving the room.

A couple of minutes later, he returned and then handed me the cash.

I used that branch of the bank for the next eleven years and was never again asked to show my bank card when I wanted to cash a cheque. Such was the respect that the dental profession commanded several decades ago. Since then, I have simplified my signature so that I am able to reproduce it more or less reliably.

Reflecting on the Lehman Brothers

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I have just seen a performance of the much-hyped, sold-out, “Lehman Trilogy” at London’s National Theatre. It is written by Italian playwright Stefano Massini and ‘adapted’ into English by Ben Power. Starring Simon Russell Beale and two other actors, the three-and-a-half-hour drama charts the rise and fall of the Lehman brothers and the financial establishments they created. It is in three parts separated from each other by intervals. The first part and the beginning of the second narrate the Lehman’s family saga clearly, entertainingly, and quite interestingly. Then, the latter part of the play seems to ‘lose the plot’.

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Seligmann store in Barkly East, South Africa

The Lehman bank’s operations literally collapsed in 2008. Although I am the son of an eminent economist, I do not understand the subject at all. I was hoping that the collapse of the Lehman Bank might be explained in relatively simple terms as the “Lehman Trilogy” drew towards its finale, but it was not. Rather than explore the dramatic possibilities of what was surely a very dramatic demise of a great financial establishment, the playwright and his ‘adaptor’ merely hinted at the disaster but made no obvious attempt to depict the momentous events that led to a frightful ending that greatly impacted on worldwide news and financial affairs. So, as you can gather, I was not altogether satisfied by the play itself. However, it got me thinking about my own ancestors, who, like the Lehman brothers, left Bavaria in the mid-19th century to seek their fortunes away from Europe across the oceans.

The Lehman brothers, who migrated to the USA in the mid-19th century, were born in Rimpar (Bavaria), near Würzburg. Heinrich (later’ Henry’) Bergmann, my great-grand uncle, was born 50 kilometres south-east of Rimpar in Ditenheim (Bavaria). He was only a few years younger than the Lehmans. In 1849, aged 18, he sailed to Cape Town in South Africa. Soon after arriving, he became the manager of a general store opened in the newly-established town of Aliwal North in the same year. Like the Lehman brothers, Heinrich became very successful as a middle-man. Like the Lehmans, during bad times he gave the farmers (his customers) credit, which they repaid when the wool harvests were brought to his shop (to be sold on to wool merchants). By the early 1860s, soon after marrying the daughter of a Jewish banker in Frankfurt-am-Main, he became the manager of one of the Aliwal’s three banks. Eventually Heinrich’s bank took over its two rivals. For reasons that are not at all clear, young Henrich shot himself in 1866.

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The grave of Heinrich (‘Henry’) Bergmann in Aliwal North, South Africa

Heinrich’s death was not the end of the story. During his time in the Cape, Heinrich was joined in South Africa by his brother and some of his cousins. The cousins in question came mainly from Ichenhausen in Bavaria, 163 kilometres south of Rimpar. Heinrich’s brother married Klara, a daughter of Jakob Seligmann, a successful merchant in Ichenhausen.  Klara’s only brother Isak Rafael Seligmann and his wife had 18 children, of whom 15 lived to adulthood. One of the sons, Sigmund, Heinrich’s nephew, migrated to South Africa from Ichenhausen. He did not join his uncle, but began working for another German, a merchant in Lady Grey, which is not far from Aliwal North. Other young men from Ichenhausen including Sigmund’s brother Jakob and the Reichenberg brothers, one of whom joined Heinrich Bergmann, migrated to South Africa.

Sigmund Seligmann was offered a partnership in the business in Lady Grey but turned it down. He left Lady Grey to open his own shop in Dordrecht, a small place in the Cape. Soon after this, he opened a branch in Barkly East in the heart of a sheep grazing district. Like the Lehman brothers who bought cotton and sold it on, and also acted as bankers for the cotton-growers, Sigmund bought wool from his farmer customers and sold it on as well as lending money to the farmers when times were lean.

The Lehman brothers set their sights high. They moved from being merchants to becoming brokers, and then bankers. Their descendants continued the progression until, finally, others took over the running, and eventual ruining, of the business. Sigmund and many others like him, who went from what was to become ‘Germany’ to South Africa, more often than not retired to Germany when they had made their fortunes. In the late 19th and early 20th centuries, life in South Africa was a lot less comfortable than in civilised Germany or the USA, parts of which were becoming very sophisticated. Those who returned to end their lives in Germany had to face WW1 and then later the advent of Hitler’s regime. Sigmund and his children left Bavaria for Palestine, thereby escaping the fate of many Jews who remained in Germany.

Before Sigmund left to retire in Germany, he left the running of his by now very successful business in the hands of some of his very numerous nephews. One of these, who arrived in South Africa in about 1903, was my grandfather Iwan Bloch. Hardworking Iwan, like his father-in-law the future Senator, Franz Ginsberg (an industrialist in the Cape, who had migrated there from Prussia), maintained the successful running of his business as well as entering politics. Iwan became the first and only Jewish Mayor of Barkly East. His life was cut short by ill-health, but had he lived longer I feel sure that he would have entered national politics following in the footsteps of his father-in-law Franz.

With the exception of Iwan’s ill-fated uncle Heinrich Bergmann, this extended Bavarian Jewish family did not take the same road toward high finance as the Lehmans did, but they started at the same point.

Furthermore, the Lehman fortune began to be built from the labour of black slaves in Alabama. This is skirted around casually in the play. Although formally, there were no black slaves in South Africa when my ancestors arrived there, much of the dirty work required to make their fortunes was performed by black Africans, whose treatment by the white Europeans was very far from admirable.

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Adam Yamey’s grandfather, Iwan Bloch, brought the railway to Barkly East in South Africa

I am glad I saw the “Lehman Trilogy” because it is engaging and, although there is little acting, what acting there is was good. Also, it got me thinking about my own history. However, like the doomed bank, the quality of the plot declines gradually as the three and a half hours pass by. Would I recommend it? The answer is “no”.