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  The Lancashire and Yorkshire Bank is incorporated in 1872.  That same year, it opens its first Branch
  in the Rossendale area of Lancashire, at Waterfoot.  This is
  another example of a grand building with a pleasing corner aspect, and so
  very typical of what is to come with the building and opening of later
  branches of the Lancashire and Yorkshire Bank. The following extract from FOUR CENTURIES OF
  BANKING VOL II © MARTINS
  BANK LIMITED 1968 tells the brief
  story of the establishment of a branch at Waterfoot:  
    
   The first branch of the Lancashire
  and Yorkshire Bank was opened in Waterfoot in 1872, nearly ten years before
  the much longer established Bank of Liverpool opened its first branch.  Edward Ashworth, one of the directors,
  resided at Waterfoot, and had extensive woollen mills neaby.   
    
  The branch at
  Waterfoot was called Rossendale Branch, and the Board resolved that its
  cheques should be printed in chocolate-coloured ink.  One of its first acts as the Rossendale
  Branch was to grant an overdraft of Ł500 to the Bacup Benefit Building
  Society. 
    
    
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  In Service: 26 August
  1872 until 12 June 1992 
    
    
  Image
  © Barclays Ref 0030-3085 
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   To
  mark his retirement at the end of March after 45 years' service, Mr. T. B.
  Hamilton invited his staff at Waterfoot and some of his former colleagues to dinner
  at Schofields Cafe, Stacksteads, on the evening of March 24th. There were 22
  present including Mr. Kay (former Manager, Haslingden); Mr. Cooke
  (Accrington); Mr. Collinge (Rawtenstall); Mr. Whittaker (Haslingden); Mr.
  Hoyle (Hulme); and Mr. and Mrs. Frank Parker, who had travelled from their
  new home in Kendal.  The proceedings were opened by Mr. J. Clegg, the new
  Manager at Waterfoot, and a number of Mr. Hamilton's former colleagues then
  paid their tribute to him. Mr. Mitchell, cashier, presented Mr. Hamilton with
  a cheque, embodying the subscriptions of his present and former colleagues,
  and Miss Tweedale presented a bouquet to Mrs. Hamilton. Both suitably
  responded and Mr. Hamilton said that it was his intention to purchase a cut
  glass table lamp which would be a constant reminder of the happy days he had
  spent at Waterfoot. Mr. Hamilton entered the
  Lancashire and Yorkshire Bank in 1914. In 1923 he went to Haslingden, being
  appointed Pro Manager there in 1938. He became Manager at Swinton in 1942 and
  at Waterfoot in 1946. 
    
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