Stamford Spalding and Boston Banking Co £5 Cut Cancelled GEF/ Unc

In the late 19th and early 20th century there was a proliferation of private banks which served their local communities and issued banknotes. Many went bust but not the Stamford, Spalding and Boston Banking Company which continued to issue banknotes until 1907 when it was absorbed into Barclays Bank. When the merger occurred all the outstanding banknotes were honoured and a V-shaped was made into the notes to show they had been paid. We are delighted to offer examples of the £5 note issued by the Stamford Spalding and Boston Banking Company. They are printed on one side only. Available with cut signature panel but in crisp EF/GEF condition.