A PENNY BANK
STRENGTHENING ITS POSITION. By Gable—Press Association—Copyright. Received 3, 10 p.m. London, August 3. Nine banks in Yorkshire subscribed £2,000,000 to enable the Yorkshire Penny Bank to become a company by capital instead of a company by guarantee. A second group of banks, including the Bank of England, will give individual guarantees. The step is taken owing to the anxiety about the Birkbcck Bank's suspension affecting the Penny Bank.
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https://paperspast.natlib.govt.nz/newspapers/TDN19110804.2.34
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Taranaki Daily News, Volume LIV, Issue 35, 4 August 1911, Page 5
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71A PENNY BANK Taranaki Daily News, Volume LIV, Issue 35, 4 August 1911, Page 5
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