Australian Joint Stock Bank
{{Short description|Nineteenth century bank in New South Wales}}
{{Use dmy dates|date=November 2019}}
File:Narrandera Bank of New South Wales 001.jpg, New South Wales ]]
File:StateLibQld 1 208645 Australian Joint Stock Bank, Warwick, ca. 1886.jpg, Queensland, circa 1886]]
The Australian Joint Stock Bank was a bank in Australia. It operated from 1852 to 1910, after which it became the Australian Bank of Commerce and then was taken over by the Bank of New South Wales in 1931.
History
The Australian Joint Stock Bank was created in 1852 by an Act of the New South Wales Parliament.{{cite web|title=The Australian Joint Stock Bank Limited (1852 - 1910)|url=http://www.gabr.net.au/biogs/ABE0018b.htm|website=Guide to Australian Business Records|accessdate=6 November 2015}} It issued its first banknotes in 1862.{{cite web|title=Australian Joint Stock Bank one-pound note|url=http://www.abc.net.au/news/2014-03-26/australian-joint-stock-bank-first-issue-one-pound-note/5346230|publisher=Australian Broadcasting Corporation|accessdate=6 November 2015|date=26 March 2015}}
In 1910, the Australian Bank of Commerce was registered in New South Wales under the Joint Stock Companies Act to take over the Australian Joint Stock Bank. In 1917 it acquired the City Bank of Sydney.{{Cite web|url = http://www.gabr.net.au/biogs/ABE0186b.htm|title = The Australian Bank of Commerce Limited (1910 - 1931)|date = |accessdate = 2 January 2016|website = Guide to Australian Business Records|publisher = |last = |first = }}
In 1931, the Bank of New South Wales (now Westpac) acquired the Australian Bank of Commerce.
Heritage buildings
Some of the former bank's buildings are now heritage-listed, including:
- Australian Joint Stock Bank Building, Maryborough{{cite QHR|15468|Australian Joint Stock Bank Building|600693|accessdate=6 November 2015}}
- Australian Joint Stock Bank Building, Townsville{{cite QHR|15670|Australian Joint Stock Bank Building|600895|accessdate=6 November 2015}}
- Gympie Stock Exchange (originally built for the Australian Joint Stock Bank) {{cite QHR|20103|Australian Joint Stock Bank (former)/Gympie Stock Exchange Offices and Club (former)|602772|accessdate = 1 August 2014}}
- Commonwealth Bank Building, Mackay (originally built for the Australian Joint Stock Bank) {{cite QHR|15446|Commonwealth Bank of Australia|600671|accessdate = 1 August 2014}}
References
{{reflist}}
External links
{{Portal|Banks}}
{{commons category-inline|Australian Joint Stock Bank}}
Category:Defunct banks of Australia
Category:Banks established in 1852
Category:1852 establishments in Australia
Category:Banks disestablished in 1910