Holland was a merchant of the Staple, and probably a member of the Mercers' Company, London. He had partially retired when, on the suggestion of a Scottish friend, he projected the Bank of Scotland which was established by act of the Scottish parliament in 1695, in the name of the Governor and Company of the Bank of Scotland. The new bank opened its first branches in 1696. Holland was elected the first governor, and ultimately possessed seventy-four shares. One of the directors was James Foulis, with whom Holland had been associated in a scheme for introducing the manufacture of Colchester baizes into Scotland in June 1693.[2]
The bank made at first slow progress, with opposition from the African Company, which started a banking business in defiance of the bank's charter, and from the Bank of England. Holland managed the bank successfully through the early difficulties. In recognition of his services, the company presented him with a silver cistern, which in his will he directed to be reserved as a family heirloom. With his son Richard he drew up a scheme for the establishment of a bank in Ireland. He died at Brewood Hall, Staffordshire, in 1722, and was buried in the church there.[2]
Familyedit
Holland married Jane, only daughter, by his second wife, of Walter Fowke, M.D., of Brewood and Little Wyrley, Staffordshire, by whom he had two sons, Richard Holland (a physician) and Fowke.[2]
Notesedit
^Cameron, Alan (1995). Bank of Scotland : 1695-1995 : a very singular institution (1. publ. in Great Britain. ed.). Edinburgh [u.a.]: Mainstream Publ. p. 19. ISBN9781851586912.
john, holland, banker, john, holland, 1658, 1722, english, banker, best, known, founder, bank, scotland, 1695, life, edit, nbsp, headquarters, bank, scotland, edinburgh, founded, holland, 1695little, known, holland, early, life, except, that, born, 1658, preci. John Holland 1658 1722 was an English banker He is best known as the founder of the Bank of Scotland in 1695 Life edit nbsp The headquarters of the Bank of Scotland in Edinburgh founded by Holland in 1695Little is known of Holland s early life except that he was born in 1658 in the Precinct of Bridewell in the City of London all marriage and baptismal registers from this time were destroyed in the Great Fire of London in 1666 John Holland was the son of a mariner Philip Holland a friend of Samuel Pepys who served as captain of HMS Assurance during the Baltic Expedition of 1659 1 Holland was a merchant of the Staple and probably a member of the Mercers Company London He had partially retired when on the suggestion of a Scottish friend he projected the Bank of Scotland which was established by act of the Scottish parliament in 1695 in the name of the Governor and Company of the Bank of Scotland The new bank opened its first branches in 1696 Holland was elected the first governor and ultimately possessed seventy four shares One of the directors was James Foulis with whom Holland had been associated in a scheme for introducing the manufacture of Colchester baizes into Scotland in June 1693 2 The bank made at first slow progress with opposition from the African Company which started a banking business in defiance of the bank s charter and from the Bank of England Holland managed the bank successfully through the early difficulties In recognition of his services the company presented him with a silver cistern which in his will he directed to be reserved as a family heirloom With his son Richard he drew up a scheme for the establishment of a bank in Ireland He died at Brewood Hall Staffordshire in 1722 and was buried in the church there 2 Family editHolland married Jane only daughter by his second wife of Walter Fowke M D of Brewood and Little Wyrley Staffordshire by whom he had two sons Richard Holland a physician and Fowke 2 Notes edit Cameron Alan 1995 Bank of Scotland 1695 1995 a very singular institution 1 publ in Great Britain ed Edinburgh u a Mainstream Publ p 19 ISBN 9781851586912 a b c Lee Sidney ed 1891 Holland John d 1722 Dictionary of National Biography Vol 27 London Smith Elder amp Co Attribution nbsp This article incorporates text from a publication now in the public domain Lee Sidney ed 1891 Holland John d 1722 Dictionary of National Biography Vol 27 London Smith Elder amp Co nbsp This English business related biographical article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title John Holland banker amp oldid 1179015228, wikipedia, wiki, book, books, library,
