Finance:Commercial Bank of South Australia

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Short description: South Australian bank

The Commercial Bank of South Australia was a South Australian bank founded in 1878 [1] that failed in February 1886 due to fraudulent loans and transfers by the Manager, Alexander Crooks and Accountant, Alexander McKenzie Wilson.[2][3][4][5] It was also notable for the problems experienced in its liquidation.[6]

Directors

  • John Beck; also largest shareholder, in London at time of collapse; never returned.[7]
  • Charles Rischbieth
  • Maurice Salom
  • Robert Alfred Tarlton Chairman of Directors
  • Alfred Tennant
  • James Crabb Verco

References

  1. ↑ "SOUTH AUSTRALIA". Geelong Advertiser (Victoria): p. 3. 29 June 1878. https://trove.nla.gov.au/newspaper/article/149826143. Retrieved 2 June 2019. 
  2. ↑ "The Border Watch.". The Border Watch (South Australia) XXIII (2326): p. 2. 27 February 1886. http://nla.gov.au/nla.news-article77545328. Retrieved 27 March 2016. 
  3. ↑ "The Late Manager and Accountant in Court". South Australian Weekly Chronicle (Adelaide: National Library of Australia): p. 22. 20 March 1886. http://nla.gov.au/nla.news-article93849702. Retrieved 16 September 2014. 
  4. ↑ "SUPREME COURT.—CRIMINAL SITTINGS.". South Australian Register (South Australia) LI (12,293): p. 7. 8 April 1886. http://nla.gov.au/nla.news-article44567048. Retrieved 28 March 2016. 
  5. ↑ "THE COMMERCIAL BANK PROSECUTIONS.". South Australian Register (South Australia) LI (12,295): p. 3. 10 April 1886. http://nla.gov.au/nla.news-article44564087. Retrieved 28 March 2016. 
  6. ↑ "The Register. ADELAIDE : SATURDAY, JUNE 10, 1893.". South Australian Register (South Australia) LVIII (14,532): p. 4. 10 June 1893. http://nla.gov.au/nla.news-article48527106. Retrieved 28 March 2016. 
  7. ↑ "An Adelaide Merchant". The Advertiser (Adelaide) (South Australia) XLVI (14,076): p. 7. 28 November 1903. http://nla.gov.au/nla.news-article5021488. Retrieved 25 January 2018. 

External links



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