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Banknotes of the Irish Private Banks
Hugh Montgomery and Co. The Northern Bank
1809-1824 converted

The Northern Bank - 2 Series, 3 Partnerships



All denominations printed uniface

Hugh Montgomery established The Northern Bank on 1st June 1809 with partners John Hamilton, James Orr and John Sloan.

John Hamilton had been a partner in the earlier Belfast-based private bank of John Ewing & Co. The Norther Bank went through two partnership changes with James Orr taking over as lead partner upon the retirement of Hugh Montgomery in 1820. The was known both as 'the Northern Bank' and as 'Montgomery’s'.

1824 conversion to a joint stock bank
The Northern Bank converted itself into The Northern Banking Company in 1824, the first joint stock bank in Ireland.


Two Series

There appear to be two Series by design, although this may prove to be three when more examples of One Pound notes become available for study.
Series 1. Denominations recorded: £1, 30 Shillings, £2.
Series 2. Design modified. Denominations recorded: 30 Shillings.

Three Types by partnership.

Type A. Hugh Montgomery, John Hamilton, James Orr, John Sloan (1809-1820)
Type B. James Orr, John Sloan, John McCance, Hugh Montgomery Jnr. (1820-1824)
Type C. James Orr, John McCance, Hugh Montgomery Jnr., John McNeile (1824).

Denominations recorded: £1, 30 Shillings, £2 notes recorded.


Series 1, Type A
Northern Bank One Pound 1819
Northern Bank One Pound 1819

Northern Bank 30 Shilling note
Northern Bank 30 Shilling note, with Hugh Montgomery as lead partner

Hugh Montgomery Northern Bank 2 Pounds 1813
£2 note, issued in 1813 with Hugh Montgomery as lead partner

Series 1, Type B
Northern Bank One Pound 1823, James Orr
£1 issued in 1823 with James Orr as lead partner

Series 2, Type C
Northern Bank 30 Shillings 1824
30 Shilling note issued in 1824 with James Orr as lead partner



References
Young, D., The Private Banks and Their Notes, The Northern Bank Montgomery 1809-1824, Irish Numismatics Magazine, No. 42, Nov-Dec, 1974. pp217-220.






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