Page 24 Advertisements Column 1

Press, 2 March 1982, Page 24

\ Wealth of Tradition The first bank in Christchurch Other prominent customers who . 'ic nnn-Mpw npwPGt z j ; j T ME, if ? influenced the development of Canterbury , IS nOW iNew Zealand S 1 ewest ; H i were Henry Sewell, John Hall and Since its pioneer opening in 1851 the V f * ' ' HJ. Tancred. These three men all played a history of ANZ Bank and its predecessors SSff B >-I s part in local politics, Henry Sewell and John is as compelling and colourful as ||||f I 10EBfr J. ', ■'l, ? . .ul < j mT-Z' ' > Hall both going on to become New Zealand the development of Canterbury itself. %SS ofy P mfr f~ H * • Prime Ministers. Although ANZ. can be regarded as t’ijßT’ ' J SF New Zealand’s newest Bank — being J f j j r|W| f ‘ : 7 “7 Involvement in local projects incorporated in New Zealand in 1979 — “■« 1 ' ! / ~ . , . through its forerunner, the Union Bank of' ■J' ■ 1 <l|t ’| 1 /» 1J JW " ? h e intimate connection between the Australia, it was and is the first bank in |S f»IB J IOWI —.v—X**** -.Jy Union Bank and die region continued aer Christchurch. » -’Z'V the dissolution of the Canterbury |||r I ~ ' ‘ Association and the formation of the i-ka oodloct- Jn.rc feLZ- j Z X Provincial Council. It was to the “Union” From the. earliest days .. . /—<-•*-r* ■4"""' jfc *' that the Provincial Treasurer looked when At the request of the Canterbuiy * i •yTT/ / ;!** f * t " '* the treasury was empty or in deficit. The Association the Union Bank in London S' * «"&. I 1 I . .7. : arranged to establish a branch in the | 1 1 -7 ’ 7W proposed new.'settlement, and among the A s ’?|Hr 1 arlw Mg | ® oB B <0 passengers on the first four ships were those 7 srß < Z "4*yi K f H ®~ x ' “ >, . >«’ /x 0 |S appointed to be directors of the Bank in . -v 'lllß '- v B -I '" ‘'B K ■ ' f' jOJI-' Canterbury: Edward R. Ward, : ShBR | | : William Guise Brittan and Henry Phillips. j t I 3 T t ' Mr Quintin K. Gale, who was to be Agent ' ''"i-Wmr 1 BLfflMliw i' for the Bank in Lyttelton, became seriously . f- I-.. ill on the voyage out in the Cressey and Mr '.. „■ ....." Longden, formerly of Coutts and Company, i f private bankers of London, was temporarily /- | fTj&k... y/lz appointed to succeed him. 1 Early in January 1851, three weeks after the ,*- . ' arrival of the first four ships at Lyttelton, > - -•'». . . - -..i ,U. ,> .<< ."\ ™ the Bank Opened for business in a small Union Bank Hereford Street, 1882. .1 I I r Stuff — Union Bank Christchurch 1898 building owned by the Canterbury ra P eV L?? r ? e j t i°j tra<^e . , r r i Association, which until then had been used Canterbury which had led first to the advancement of moneys to finance early ac fl istnrAhnncp * I erection of banking premises on the leased immigration from London was such an ’ y samJ site in Cashel Street, was followed by a example. The first Lyttelton manager was J. Spowers, x decision to erect substantial premises on A 4 , n n . c.ni „;a described by Henry Sewell in his diary as . fe ! J Hereford Street freehold LiguuUy half “tTtle g ' Ven by 111 X Cr rTTk a S d T°nf f h tfor f ls . oin Government in the construction of the “Spowers seems a judicious man who has J,„j z 1856. Today the Post Office and adjacent Lyttelton tunnel. When Mr Moorhouse, benefitted the settlement by cautious . buildings occupy some of this land. the Superintendent of Canterbury Province, banking, avoiding .the mischiefs which have The building was in brick and described as went to Melbourne to save the scheme from occurred elsewhere from too great facility ' *77--'' * s being in the Italian style of architecture. collapse, he won half his battle by arranging to speculators. ” v The chief feature was the public banking for new contractors to undertake the work. Spowers is reputed to have introduced the »'«™ *»r chamber a portico, and The other half was won when the custom of bank holidays into New Zealand, sign of town or city. Possibly generations described as a noble apartment , 28ft long Melbourne inspector of the Union Bank by closing the branch on St George’s Day so hence when this description may be dug out by 30ft wide. There was a highly ornamental agreed to negotiate the Province s railway . as to arrange for .his...wedding. It is not of the family records, people will wonder at £ rusca “ strin g<o urs e round the room. loan debentures in London and to advance known what his age was, but it is recorded a different state of things*’. ’ Th e c , W 7 P ane^ the furniture moneys from time to time. The tunnel that his bride was 16i years old of polished cedar. In a yard at the back of opened in 1867. Now 115 years old, it A new bank opens in building were the stables, the coach- remains a monument to provincial Nndffnnftnwnnrritv Chrietrlnnrrh ’ house, and the groom’s dwelling. Attached enterprise, not only in engineering but also INO sign 01 town or city cnnstcnurcn t 0 the main bank building on eastern in banking< Two of the Directors, Messrs Brittan and The first office of the Bank in Christchurch side was the Manager’s residence. Ward were to become influential and was established by J. F. Lucas in Cashel Mr L. Terry, of Melbourne, was the ANZ’s Commitment tO “prominent in local affairs. Mr. Brittan had Street, in a small gabled cottage owned by architect, assisted by a local architect, Christchurch been one of the original members of the C.B. FoOks. It was on the south side of Mr W.T. Campbell, and the builders were a Canterbury Association. He'was elected to Cashel Street, between Colombo and Mr Brown and his son Joseph Brown, of Today, ANZ still has great faith in the the committee of management of the Durham Streets. Christchurch. future of Christchurch, and a sense of total Society of Canterbury Colonists, a group The of this office Ms not without These after bei dby fire involvement her people The Bank’s set up to look after the in erests of land P 8 . 8 aunaMX> increase.its contabunon to purchasers in the new settlement. Later, J r . . n , wz .„r. k j ’ „ n , u cu, • • i u cu,r- I development in the region, and to further after settling at Canterbury, he was and Fortunatus Evelyn Wright had to walk much of the onginal character of the first developitsverystrOngbusinessbaseinboth appointed £ Commissioner of Crown * e wh ° le * sta c nce from Lytte '“ n “ P rem f e t ™ s P l reS 1 e ™ d ’ They were f the City and the rural area. Christchurch. For as one wrote to the demolished in the 1960 s to make way for an • Lyttelton manager, “through the neglect of the ANZ building now on the site. Fntflfoina a hannv nninn ' Edward Ward soon after,arrival at Lyttelton . Wheeler (the local carrier) in not having his j o PPY ventured over the hills to visit the Deans cart at the foot ofthe hill we were obliged to Many prominent early ANZ is working to provide the best and family at Riccarton. His journal entry for walk the whole way to Christchurch.’’Their niGfnmprs most convenient banking service possible the day (21 December, 1850) contains the journey was not made any easier from USLOm 8 and j n so doing, has established branches following significant comment: having to carry with them £1,500 in gold • Among the famous people who operated throughout the area. “We then went to the site of Christchurch,' and silver some £3,000 in notes of the accounts with the Bank were Sir George And to recognise an area with which we four miles off, over a well beaten cart track. Bank, and the necessary office books and - and Lady Grey who spent sometime m have grown for over a century, the ANZ Here beside the clear flowing river, a boxes to open up the new agency on the Lyttelton immediately prior to the arrival of Banking Group (New Zealand) Limited solitary house full of baggage, carelessly following Monday. the first immigrants. held its first South Island meeting of the heaped up, and unoccupied. A stack of Board of Directors in. Christchurch on sawn timber and one boat — there was no Monday Ist March 1982. ■ A \ ■» A I 1 _m|. < ..Q 1 W ■ ■ A A fitaffll Frank Rogers Terry Leadbeater Ken Smith Peter Mackay Brian Johnstone Ben Carey Russell Irving Morris North Manager, Addington Manager, Ashburton Manager, Armagh Street Area Manager Manager, Lending and Manager, Cashel Street Manager, Lancaster Street Manager, Victoria Street Customer Sen-ices a. jMr- ' ' fSSti. ''-fi ,J . jK ’jßolj’l' Sfii ■: / : few fei A '' dlßk "zfc/Z O- L 'HRmH JKk. Kerrin McManus Bill Jefferis • Toby Mann Keith Crammond Kevin Coakley Drew Garden Murray Watkins Ken White Manager, Geraldine Manager, Hornby Manager, Rangiora Manager, Riccarton Manager, Sydenham Manager, Temuka Manager, Timaru Manager, Woolston AM BANK Let us show you the way