Excerpt from Memoirs of a Banking-House The public is here presented with a Memoir, the genuine composition of Sir William Forbes, regarding the history of a mercantile establishment, of which he was long the chief. The manuscript having been accidentally shewn to the editor, he saw in it so much that was interesting, as to be induced to plead with Sir William's surviving friends for permission to place it before the world. It is consequently published at the distance of fully fifty-six years from the time when it was written, for the author appears to have closed his narration in May 1803. The private banking-house so long kwn in Scotland in connection with the name of Sir William Forbes - merged since 1838 in the joint-stock Union Bank of Scotland - had a somewhat complicated of progress genealogy, reaching far back in the last century - the century of progress in Scotland - and even faintly gleaming through the obscurities of the one before it, when mercantile efforts and speculations were taking their birth amidst the embers of scarcely extinct civil wars and all kinds of private barbarisms. The genealogy is here traced through a firm styled John Coutts & Co., of which the principal members was John Coutts, lord-provost of Edinburgh in the years 1742 and 1743, to Patrick Coutts, who carried on considerable mechandise at Montrose in the reign of William III. The concern is shewn as the main stock from which branched off the eminent London banking firms of Coutts & Co., Strand, and Herries & Co., St James's Street. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art techlogy to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.