Sapte, Muspratt, Banbury, Nix & Co

Sapte, Muspratt, Banbury, Nix & Co (1788-1859), established in London, was a past constituent of NatWest.

Brief history

This private bank was established in 1788 as Vere, Lucadou, Troughton, Lucadou & Smart, by James Vere, John Daniel Lucadou, Bryan Troughton, James Lewis Lucadou and William Smart. The bank traded throughout from 77 Lombard Street. Bryan Troughton died in 1799, John Daniel Lucadou in 1802 and James Vere in 1822. In 1859 the bank amalgamated with Fullers & Co, bankers of London, to form Fuller, Banbury, Nix & Mathieson.

Detailed list of name changes

  • Vere, Lucadou, Troughton, Lucadou & Smart 1788
  • Veres, Lucadou, Troughton, Lucadou & Smart 1790
  • Veres, Lucadou & Smart 1804
  • Veres, Smart, Baron, Hawkins & Turnbull (also Veres, Smart & Co or Veres, Smart, Baron & Co) 1809
  • Veres, Smart, Baron & Hawkins (also Veres, Smart, Baron & Co or Veres, Smart & Co) 1813
  • Veres, Baron & Hawkins (also Veres & Co, Veres, Baron & Co) from 1817
  • Veres, Ward & Co 1822
  • Vere, Sapte, Banbury & Co 1833
  • Vere, Sapte, Banbury & Muspratt (also Vere, Sapte, Banbury & Co) 1837
  • Sapte, Banbury, Muspratt & Banbury (also Sapte, Banbury, Muspratt & Co) 1840
  • Sapte, Muspratt, Banbury & Co 1848
  • Sapte, Muspratt, Banbury, Nix & Co 1856
  • Sapte, Banbury, Nix, Mathieson & Co 1858

Published histories

  • FG Hilton Price, A handbook of London bankers (London: Chatto & Windus, 1876)

Summary of our archive holdings

Our archival records of Sapte, Banbury, Nix, Mathieson & Co have the reference code SAP.

For help understanding words used here, check our glossary of banking record types (PDF 24KB).

Partnership records

  • correspondence with other bankers 1793-1846
  • partners’ correspondence and other papers 1798-1848
  • papers re partners’ role as returners for excise 1833-41
  • papers re liquidation of Veres, Ward & Co 1833-44

Financial records

  • promissory notes 1788, 1830
  • diary of payments 1788-95
  • bills of exchange 1789-1836
  • annual accounts 1812
  • balance sheet and list of bills 1844

Legal records

  • solicitors’ bills of charges 1803-54

Customer records

  • customer papers 1775-1854
  • papers re customer securities 1788-1868
  • circular note 1795
  • safe custody papers 1795-1835
  • cheques and cheque forms 1797, 1801-45
  • customer account ledger balances 1815, 1833
  • papers re appointment as John Rotton & Co’s London agent 1822
  • correspondence re sale of stocks 1847

Staff records

  • staff fidelity bonds 1788-1848
  • correspondence re staff sureties 1807-28
  • papers re clerk's fraud 1809
  • staff salary receipts 1812-3, 1829
  • list of staff and salaries 1817-20
  • memoranda books re staff christmas gifts 1818-9
  • correspondence re staff 1835

Property records

  • bills of charges and correspondence re premises 1824, 1843-54

Note issue records

  • banknotes 1801-53
  • banknote guarantee 1846
  • indemnities re lost bill and cheque 1849

Other records

  • silk trade letterbook, James Vere & Co 1825