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The Lancashire and Yorkshire Bank’s
Branch at 77 Shudehill opens for business in 1873, and is one of a large number
of Manchester City Branches that joins Martins in 1928 when the of the Bank
of Liverpool and Martins, and the Lancashire and Yorkshire Bank
amalgamate. The Bank of Liverpool and
Martins Limited also opened a branch in Shudehill - at number 99 - in 1921,
but at the time of the amalgamation with the L and Y Bank, this branch was
closed in favour of the premises at Number 77 Shudehill. It is typical of the
grand, beautiful buildings built or used by the L & Y, and our image
(courtesy W N Townson bequest) shows the branch before the amalgamation.
Sadly, this is the only image of Shudehill branch that is currently
available, but later on this page, we have a story about a raid at the branch
which is captured by the ITN news cameras in 1962, and details of how you can
watch the footage, along with two other short news clips about raids at
Martins Bank branches. First of all,
our feature concerns the retirement of the Manager, Mr Openshaw, who is in
charge of Shudehill at the time of the raid…. |
In Service:
1873 until 10 October 1980 Image © Martins Bank Archive Collection – W N Townson
Bequest |
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Mr. J. J. Openshaw, Manager at Shudehill
since 1948, retired at the end of August. There was no formal presentation
ceremony, at his own request, but a cheque was presented to him by Mr. B. E.
Lockwood from his many friends and colleagues, and will be used for the
purchase of a bookcase. A box of chocolates was sent to Mrs. Openshaw. During his last day at the office many
customers called to express their good wishes, and in the evening he and Mrs.
N. Hollins, who retired from the branch on the same day, entertained the
staff and friends at a cocktail party at the branch. Mr. Openshaw entered the
Lancashire & Yorkshire Bank in 1916,
and served at various
branches, including Haslingden,
Blackburn, Warrington, Manchester City Office and Brown Street. In 1929,
whilst at Blackburn he was in charge of the sub office at Cherry Tree. He was
given his first signing authority in 1938, at Manchester City Office and
became Pro Manager there the following year. He was appointed Accountant at
Brown Street in 1941 and from 1944-46 served with H.M. Forces, resuming his
appointment on his return. In 1947 he became Assistant Manager at Brown
Street and Manager at Shudehill in 1948. A sort of bank raid? In 1962 there was what we might call an “unconventional
raid” at Shudehill branch, involving Ł14,000 in cash - equivalent in 2022 to
Ł332,500(!) A serious sum of money,
and a matter to be handled with the utmost care and sensitivity - So why was
this particular incident a little out of the ordinary? We will let Eric Mellor,
who was actually there, tell us what happened… “I
remember the occasion very well as I was at Shudehill from 1956 to 1960. Every
Saturday morning Jim Openshaw the Manager and Bob Agnew the Branch porter
used to take a suitcase full of cash to Spring Gardens branch in Openshaw’s
car. Shudehill branch was opposite the old Smithfield Market and always had
loads of surplus cash from the Market Traders. It was a regular Saturday
morning trip and obviously somebody in the Manchester underworld had been
tipped off by somebody working in the market. This particular Saturday the
case full of cash was put in the boot of Openshaws car and as the car set off
for Spring Gardens it was rammed by this other vehicle and the cash was
stolen. So it was not so much as a raid on the branch rather a raid on
Openshaw’s car. I had left the branch the previous year but remember quite
clearly reading the account of the raid in the newspapers. Neither Openshaw
nor the porter were injured but obviously were badly shaken by the event. If
I rememebr rightly Jim Openshaw should have retired the previous year but had
been asked to stay on for a further two years and had agreed to do so as he
still had a young family to support. Needless to say he was quickly retired
after this event but his retirement was not a happy one as he had no real
interest outside banking and he died about two years later.” Taking used notes in a suitcase to
another branch is definitely a “Spanish Custom” very much of its time, and
would no doubt cause an international incident if it were to be repeated in
these days of armoured bullion vans!
At the time of this snatch in 1962, Ł14,000 was the kind of fortune
that could easily purchase a couple of houses and several cars. As for the safety of both the staff and the
money INSIDE branches, it would still be another six or seven years before
banks routinely built bandit screens into their new branches, separating
cashier from customer forever. In the absence of a Martins Bank
exterior view of 77 Shudehill, this “then and now” feature really is VERY then and VERY now – Our
thanks to THE PASTA FACTORY, who in 2016 sent us the twenty-first century shot of this lovely
old building. It’s good to see so little has changed in this part of
Shudehill in the best part of ONE HUNDRED years! |
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Image © Martins Bank Archive Collections – W N Townson Bequest 1922 to date |
Image © The Pasta Factory 2016 |
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