A Family History of the Illustrious, Notorious and Eccentric Lloyds of Birmingham, Brigstock and Pipewell Hall - Flipbook - Page 15
making a charge for so doing. Hitherto, those having money had been accustomed to keep it locked up
in their houses, in stockings, hiding places, iron coffers, and secret drawers. It was an unheard of idea to
those who had saved money to let it out of their sight unsecured.
The Bank of Taylor and Lloyd commenced business on 3 June 1765 at 7 Dale End. The partners were
John Taylor, John Taylor jun. button manufacturers, with Sampson Lloyd II and Sampson Lloyd III, iron
dealers.
Sampson Lloyd III was then thirty seven years old. He was an enterprising man and at the same time
careful and prudent, and was the chief acting partner of the bank in the early years of its existence. The
wealth and capabilities of the partners were so well known that the bank at once commanded the
confidence of the public.
How Charles Lloyd saved Lloyds Bank during the Slump of 1825
The record from the Birmingham Chronicle 22 December 1825 reads as follows:
