Australia: Union Bank of Australia Limited, £75 shares...

Hammer

£190

Australia: Union Bank of Australia Limited, £75 shares, 18[88], #20659, black on pink paper. An important bank that was established in London in 1837. Initially operations were in Tasmania with the acquisition of the Tamar Bank, then expanding into Victoria by acquiring the local business of the Derwent Bank,. Branches opened in Sydney in 1839 and New Zealand in 1840. Registsred with Limited Liability in 1880. Managed to weather the banking criss of 1893, acquiring the Bank of South Australia in 1892. Finally merged with the Bank of Australaisa in 1951 to form the Australia and New Zealand Bank. GVF and rare. A new variety.