A Family History of the Illustrious, Notorious and Eccentric Lloyds of Birmingham, Brigstock and Pipewell Hall - Flipbook - Page 17
To Sampson S. Lloyd, who became chairman, the rapid advance of the bank was in great measure
attributed. Mr Howard Lloyd (son of Isaac Lloyd) was the first secretary, acting also as sub-manager. In
1871 he became the General Manager, a post from which he retired in 1902. Having been head of the
bank staff before the formation of the company he was well acquainted with the details of the business.
His organising power was also great, and he continually helped forward the success of the policy of
expansion and amalgamation.
The Lloyds Bank Emblem and Coat of Arms
Uncle Pen, always understood from his grandfather, that the original emblem of Lloyds Bank was the
Beehive, with the motto, "Busy as Bees", but Lloyds Bank Archivists say there is no evidence to support
this statement. The Beehive was not used until 1822, when at this time there was a highway robbery and
a new series of bank notes had to be issued, and these included an illustration of the Beehive. This was
used in various forms over the years, an example of which you can see on the cheque reproduced below.
In 1864, Lloyds Banking Company Ltd, amalgamated with Barnetts, Hoares, Hanbury, and Lloyd. The
Beehive was then gradually replaced by the Black Horse, but this was not completed until approximately
1930.
The existing Lloyds Bank Coat of Arms is part of the Achievement of Arms officially granted to the
Bank on 17 February 1956. This is derived from the Arms of the Lloyd Family, with the addition of five
bezants, formal representation of gold coins (to indicate the nature of the Bank's business) in chevron
between two chevronels. The Black Horse forms one of the supporters, and a Goat from the Lloyd
Family Arms the other. The sword and Mural Crown in the Crest refer to the Bank9s connection with
the City of London. The Griffin is the traditional guardian of treasure, while the Unicorn is one of the
old Lombard Street signs which hung in the seventeenth century on the site of the Bank9s present Head
Office. The Bank's motto is the same as the Lloyd Family "Esto Vigilans" (Be Watchful).
