This archive documents a good example of an early City private banking partnership, comparable with that of Barclay, Bevan & Co., a co-eval goldsmith banking firm that occupied a nearby shop on Lombard Street.
There are good sets of accounting records for the partnership (including customer balances), from 1729 to the mid-1800s; and for the joint stock company from 1891 onwards.
The letter-book series, comprising rough copies of letters written by the partners and manager to their customers and others, is a largely untapped source. The early ones mention the South Sea Bubble and other financial events. From 1891 the letters were written by the directors of the newly converted company.
In 1773 one of the partners, Richard Stone, was appointed as an assignee for creditors of the liquidation of the estate of Messrs Dreyer and Dreyer, merchants based in London. The records from this operation, which have survived in the Bank's archives, document the firm's customers between the 1760s and 1780s. Most of these bear Dutch names. This series of records harks back to the close connection of Sir Thomas Gresham (nominal founder of The Grasshopper) with the Low Countries. Clients' papers also include personal and office papers of John Thornhill, a director of the East India Company in the early 1800s, for whom one of the partners acted as executor.
There is an unusually detailed set of accounts documenting the rebuilding of the firm's banking house at the sign of the grasshopper (68 Lombard Street) in the mid-1790s, an undertaking overseen and designed by the City of London's architect, George Dance the younger. There are also deeds and papers concerning two of the Lombard Street coffee houses and their absorption by Martins, including a published pamphlet describing Baker's (by then a chop house) in the early 1900s.
Staff items include records of The Grasshopper Society, set up in 1900-01 to hold meetings about natural history, antiquities, history and related subjects.
Items of non-banking interest include one of the partners' accounts as a member of the Board of Green Cloth, collecting property tax revenues as Receiver-General for the palaces of Whitehall and St. James in the early 1800s. The same partner - George Stone - has also left a detailed note book of his travels to seaside resorts in Kent and Sussex in the same period. There are papers concerning one of the Martin partners' candidature for parliament in the Gladstone era, including a local petition for women's suffrage in 1881. Other organisations in which the partners had interests and which are documented here include the British North Borneo Company, a Freemasons' Lodge in London, and the Railway Travellers' Protection Society and Association, of which Richard Biddulph Martin was a founder in 1873.
Partnership and Company
- Partnership agreements 1714, 1748-59, 1770, 1777, 1782
- Circular and papers re incorporation of firm under Companies Act 1891
- Memorandum & Articles of Association of Martin's Bank Limited, with agreements for incorporation of partnership 1891-1918
- Papers re stock exchange listing 1906
- Partners' and directors' out-letter books 1714-21, 1726-31, 1749-57, 1778-80, 1793, 1795-97, 1800, 1820-21, 1836-37, 1855-56, 1876-1916
- Letter from R B Martin to R B Martin senior re Bank's profits 1888
- Letter from unnamed bank suggesting amalgamation 1908
- Papers of Richard Stone as trustee of The Million Bank inc extracts from statutes, minutes, legal opinions, published lists of members 1695-1793
- MS. and proofs of The Grasshopper,....the Banking House at 68 Lombard Street, with an Introductory Sketch of the History of Money-Lending by John Biddulph Martin 1873
- Papers of J B Martin produced and collected in course of research for The Grasshopper in Lombard Street inc plan of Langborn and Candlewick ward 1755, photographs of 68 Lombard Street and adjacent premises prior to rebuilding, photographs of portraits for publication, arms of partners' families, proofs of book, list of presentation copies 1718-1903
- Deeds and papers re properties of the partnership families (Martin, Stone, Blackwell, Foote) inc marriage settlements, and probates of partners' wills: Andrew Stone 1712, Richard Stone 1763, Ebenezer Blackwell 1782, John Foote 1798, John Martin 1832, James Martin 1879, John Martin 1880, Robert and John Biddulph Martin 1897
- Share certificates of the partners in Bank of the United States 1824-29
- Records re ownership and management of sugar estates in British Guiana 1850-1913
- Partners' papers re the bank's interests in investments, public companies etc. 1872-1940
- Amalgamation agreements and papers re merger with Bank of Liverpool 1918
Board and Directors
- Agenda books for board meetings, inc record of voting items 1891-1918
- Board minutes (indexed) 1891-1918
- Half-yearly published reports and accounts 1891-1918
Accounting records
- Balance books (daily cash) 1729-37, 1745-64, 1771-75, 1789-92, 1796-99, 1847-59
- Balance books (annual) 1731-52, 1755-67, 1787-97, 1803-06, 1811-15, 1820-25, 1834-42
- Profit & Loss accounts and statements 1731-52, 1755-70, 1891-1915
- Daily position books (ledger, note, discount) 1754-68, 1778-82, 1796-1800, 1805-09, 1816-22, 1836-43, 1845-48, 1859-73
- Balance sheet and former partners' accounts 1891-1900
- Bills paid and Stock ledger, with house expenses 1731-35
- Receipt books of partners for brokerage, commissions, notarial transactions, building and tradesmen's work, supplies etc. 1745-94
- Respondentia bonds for loans secured on shipping cargoes 1756-85
- Bill of sale to bank for share in ship 'Lord Mansfield' 1773
- Bills discounted 1802-15
- Sundry Old Debts ledgers 1850-1918
- Head Office ledger 1891-1913
- Accounting papers for report and accounts 1891-1918
- Half-yearly published statements of assets and liabilities under Companies Acts 1902-18
- Statistical summaries of balances, investments, loans, liabilities, profit & loss, dividends 1891-1908
- Loan securities ledger 1897-1904
- Statements of account with foreign and overseas banks 1898-99
- Bills discounted book 1911-14
- Foreign exchange ledgers 1911-13, 1915-18
Shareholders
- Agenda book for general meetings 1891-1918
- Minutes of general meetings 1891-1918
- Proceedings (verbatim transcripts) of general meetings 1892-1918
- Return of shareholders living abroad under Trading with the Enemy Act 1915
- Letter announcing amalgamation with Bank of Liverpool 1918
Customers
- Customer balances, annual 1731-52, 1755-67, 1787-97, 1803-06, 1811-15, 1820-25, 1834-42 [as above]
- Weekly balances, customers A-F 1847-71
- Christmas balances and discounts 1873
- Stocks and shares purchased for customers 1891-1904
- Probates, accounts and papers of customers, retained by bank as creditor, executor, trustee, inc bankruptcies etc. c1700-19th cent
- Accounts and letter-books for the liquidation of the business of Maurice and John Daniel Dreyer 1759-84
- Administrator's accounts of the estate of Giovanna Baccelli, principal ballerina at Haymarket Theatre 1789-1824
- Papers re Chancery case between Martins and Sir Robert Burton 1800-07
- Deeds re mortgage of a plantation in Demerara 1800-02
- Executor's accounts inc personal papers, diaries etc. of John Thornhill, East India Company director, inc his East India Patronage book, and first edition of Charles Dickens's The Old Curiosity Shop published in numbers of Master Humphrey's Clock 1815-41
- Correspondence and related papers re the Duchess de Berri's property and custody of her art collection 1831-39
- Correspondence and related papers re financing of ships built for Ottoman government 1850-56
- Deeds and papers re Millwall Iron Works and Ship Yard inc detailed inventories of works contained in lease (1858), sale to Overend Gurney (1865) and subsequent legal actions 1866-70
- Schedule of deeds and papers of public houses and other properties of Henty & Constable, Sussex brewers c1921
Staff records
- Guarantee bonds for clerks entering the service of the Bank 1769-1895
- Signed receipts of clerks for board and salary 1744-94, 1799-1870
- Staff registers 1882-1925
- Grasshopper Society minutes, accounts and papers 1900-23
Premises records
- Decree of judicature for Edward Backwell to build houses after Great Fire 1670
- Leases of 'The Grasshopper and exchange' 1678-98
- Deeds re 67-68 Lombard Street 1700-1832
- Deeds and papers re Garraway's Coffee House (inc sketch plan of 'coffee room' 1845), and its acquisition by Martins 1700-1891
- Abstracts of title of James Martin to 67-68 Lombard Street (inc 'The Plough') inc extract from will of John Martin of Overbury 1705-97
- Deeds, papers and photographs re Baker's Coffee House, Exchange Alley, and its acquisition by Martins 1784-1917
- Published plan of premises affected by Lombard Street fire 1748, published plan of Langborn and Candlewick wards 1755, plan of Great Fire of Bishopsgate 1765
- Print of perspective view of Bank of England 1756
- Accounts and plans for rebuilding of The Grasshopper (68 Lombard Street) and adjacent premises, inc ground layout of banking shops 1791-94
- Deeds and papers re 69 Lombard Street and its acquisition by Martins 1890
- Papers inc correspondence with R Norman Shaw, architect, re rebuilding of The Grasshopper 1875-76
- Requisitions on title for 68-69 Lombard Street 1891
- Papers inc sketch plans re extent, rateable value, fire precautions, purchase, insurance etc. of premises at 68-70 Lombard Street early 1900s
- Papers re sale of 70 Lombard Street to Lloyd's Bank 1913-18
- Photographs of 67-70 Lombard Street c1890-1900s
- Deeds and papers re premises of branches opened in Kent 1870-1925
Miscellaneous and non-banking records including political, travel and historical
- War loan bond certificate 1694-1742
- MS of play Esther by unknown author (possibly translation of Racine) c1740
- Deeds of grant, admission and resignation for writers and keeper of registers and muniments of Prerogative Court of Canterbury, and agreement for division of its profits 1749-54, with accounts for distribution of profits 1776-94
- Draft petition contesting the return of James Martin as M.P. for Tewkesbury c1794
- Travel accounts and notes of George Stone in Kent and Sussex 1803-22
- Accounts of George Stone as collector for the Board of Green Cloth 1805-22
- Papers of R B Martin re St. Mark's Hospital 1870-1913
- Papers of R B Martin as director and chairman of and banker to British North Borneo Company 1872-1913
- Memorandum & Articles of Palestine Exploration Fund c1879
- Papers re R B Martin's candidature and election as M.P. for Tewkesbury inc Liberal manifesto and petition from Tewkesbury citizens in favour of women's suffrage 1879-82
- Papers re establishment and progress of Railway Travellers' Protection Society 1872-92
- Papers re dispute between Richard Biddulph Martin and Financial Times over flotation of London White Lead Company 1878-89
- Rules, reports, notices and other papers of Corporation of Foreign Bondholders 1878-1913
- R B Martin's copy of Tales of the Bank of England 1882
- Print of lithographic portrait of R B Martin 1882
- R B Martin's copy of report on legality of issuing shares in public companies at a discount 1888
- Papers of R B Martin as treasurer of Westminster & Keystone Lodge, No.10 1897-1901
- Letter re James Martin as a surviving subscriber to a tontine issued at time of American War of Independence 1900
- Arbitration award of R B Martin in Greffulhe Concessions, Zanzibar 1893
- Letters to R B Martin petitioning for preferment to benefice of St. Edmund the King (Lombard St.) 1910
- Papers of R Holland-Martin re history of Lombard Street, its shop signs, and decoration of the street for the coronation of George V 1886-1911
- Papers re Fishmongers' Company 1902-13
- Papers re Gresham's School, Norfolk 1907-13
- Papers re London Chamber of Commerce 1911-13
- Papers re Gresham windows at Great Ilford, and inscriptions at Titsey churches 1910-11
- Papers re activities of the Institute of Bankers 1910-13
- Minutes (printed) of City and Guilds of London Institute committees 1911, 1913
- Specimen notes of the Northern Russian Provisional Government, with correspondece 1918-19