British Provincial, Devon, Exeter, Exeter Bank, Five Pounds, 1 October 1896, V 3262, on watermarked paper for Edward Andrew Sanders, Edward James Sanders, Arthur Melville Hood Walrond & Hugh Henry John Williams Drummond, signed by Hugh Drummond (Outing 755; Grant 1110). Signature crossed through and ‘Cancelled’ written at lower right, otherwise good very fine, rare £600-800

This lot was sold as part of a special collection, The Collection of British and Irish Banknotes formed by the Late Edward Barnby.

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Edward James Sanders (1852-1904), who lived at Stoke House, Heavitree, was a former treasurer and secretary of Devon County Cricket Club who took two amateur Devon teams on two very successful tours to the USA in 1885 and 1886. Arthur Melville Hood Walrond (1861-1946), a former sub-lieutenant in the Royal Navy who lived at Broadclyst and later Pinhoe, became a partner in the bank in 1888; he was the youngest son of Sir John Walrond Walrond, 1st Bt (1818-89), MP for Tiverton 1865-8. Brigadier-General Sir Hugh Henry John Drummond, 1st Bt, CMG (1859-1924), of Bryanston square, London, was associated with the bank from 1893 until its takeover in 1902. He was appointed chairman of the London & South Western Railway in 1911 (having been a director since 1900) and was the first chairman of the Southern Railway in 1923, dying in office