Identity area
Type of entity
Corporate body
Authorized form of name
Derwent Bank
Parallel form(s) of name
Standardized form(s) of name according to other rules
Other form(s) of name
Identifiers for corporate bodies
Description area
Dates of existence
1827-1849
History
The Derwent Bank was established in 1827 and opened for business on 1 January 1828 in Davey Street, Hobart, with a staff of two, the cashier Stephen Adey and the accountant John Leake of Rosedale, Campbell Town. William Henry Hamilton was appointed managing director in 1830 but retred in 1832 and was replaced by Charles Swanston (1789-1850), a former Captain in the Indian Army. Swanston also carried on business as an import and export agent in wool, tea, sugar, rum, etc. The bank failed in 1849 and John Walker, merchant and mill owner of Hobart, acted as liquidator.