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Inventory of the Bank of Charleston Records, 1837-1874

Descriptive Summary

Abstract: Records of the Bank of Charleston, Charleston, South Carolina. Materials relate to the daily operations and financial transactions of the Bank of Charleston. Collection includes ledgers, journals, and receipt books containing records of general accounts, deposits, loans, and exchange rates. Also included are ledgers containing the business accounts of Merchants National Bank, Savannah, Georgia, and the Bank of Liverpool.
Title: Bank of Charleston records
Creator: Bank of Charleston
Date(s): 1837-1874  
Extent: 4.5 linear feet
(15 volumes)
Repository: Special Collections, College of Charleston Libraries
66 George Street
Charleston, SC 29424
Phone: (843) 953-8016
Fax: (843) 953-6319
URL: http://archives.library.cofc.edu
Call Number: Mss 0004
Language of Material: Materials predominately in English; Some accounts in French.

Historical Note

In 1836, the newly chartered Bank of Charleston purchased the building at 16 Broad Street after the previous occupants, the Second Bank of the United States, failed to have its charter renewed. By 1848, the Bank of Charleston had affiliates in Georgia, Alabama, Florida, and Louisiana. In 1887, having financially survived the Civil War and the Reconstruction, the bank recovered sufficiently enough to become a Federal Depository. In 1926, the Bank of Charleston merged with the Carolina National Bank, Columbia, South Carolina, and the Norwood Bank, Greenville, South Carolina to form the South Carolina National Bank, eventually being absorbed by Wachovia in the mid-1990s.


Collection Overview

Records of the Bank of Charleston, Charleston, South Carolina. Materials relate to the daily operations and financial transactions of the Bank of Charleston. Collection includes ledgers, journals, and receipt books containing records of general accounts, deposits, loans, and exchange rates. Also included are ledgers containing the business accounts of Merchants National Bank, Savannah, Georgia, and the Bank of Liverpool.

Collection Arrangement

The collection is described at the item level.


Search Terms

The following terms have been used to index this collection in the Library's online catalog. They are grouped by name of person, family, or organization, by topical subject, by place, and by types of material.

    Names

    • Bank of Charleston
    • Bank of Liverpool
    • Merchants National Bank (Savannah, Ga.)

    Subjects

    • Banks and banking--South Carolina--Charleston
    • Account books--South Carolina--Charleston

    Places

    • Charleston (S.C.)

    Types of Material

    • Ledgers (account books)
    • Journals (accounts)
    • Receipts (financial records)

    Related Resources

    Related Material

    See also: Bank of Charleston records, 1830-1921, South Carolina Historical Society, 100 Meeting Street Charleston, S.C.


    Inventory



    Ledger, 1837-1861   volume 1

    Ledger contains the yearly suspended debts related to bonds, mortgages, stocks, protested discounted notes, discounted notes past due, and protested domestic exchanges. Entries also include losses chargeable to the contingent funds, state, and corporate bonds.



    "Daily Committee" account ledger, 1843   volume 2

    Account ledger contains the daily entries of bills, rates, and committee members.



    "Discount New" ledger, 1855-1865   volume 3

    Ledger contains the general accounts of the Bank of Charleston including the percentage of discount given to each account on that day.



    "British Exchange Purchased" journal, 1856-1865   volume 4

    Journal contains the daily amounts drawn in British sterling and exchanged for American dollars from the Bank of Charleston. Entries also include for who, from whom, and the city from where the sterling was drawn from. Also included are exchange rates and British sterling amounts in dollars.



    "Register of Collaterals" ledger, 1857-1863   volume 5

    Ledger contains alphabetized individual business accounts.



    Daily ledger, 1860-1870   volume 6

    Journal contains the daily records of account with businesses, institutions, and banks. Banks include the Philadelphia Bank, the Bank of the State of New York, the Farmers Bank of Virginia, the Merchants Bank of Richmond, and the Bank of Liverpool.



    "Bank of Liverpool Account with Bank of Charleston" ledger, 1860-1863   volume 7

    Ledger contains the daily account records with the Bank of Liverpool.



    General accounts ledger, 1861-1871   volume 8

    Ledger contains separate account records, showing their beginning and ending balances. Accounts listed include cash, foreign premium accounts, expense accounts, interest accounts, and debt accounts.



    "Our account with other agencies" ledger, 1862-1865   volume 9

    Ledger contains the weekly balances of the Bank of Charleston's accounts with other agencies. Accounts listed include various banks, agents, and individuals.



    "Receipts for Confederate Bonds" book, 1864 April 1   volume 10

    Receipt book of Confederate Bonds purchased from the Bank of Charleston. Receipts include names of individuals and companies making purchases. Several receipts are marked "redeemed."



    John C. Phillips account ledger, 1864-1865   volume 11

    Account ledger of the John C. Phillips account with the Bank of Charleston.



    Cash daybook, 1865-1866   volume 12

    Daybook recording all the money received and paid out for the Bank of Charleston.



    "Cash book and journal," 1868-1871   volume 13

    Journal contains monthly cash and general accounts of the Bank of Charleston. Also included is an 1871 Board of Directors report.



    "Merchants National Bank [Savannah, Ga.] in account with the Bank of Charleston" ledger, 1871-1872   volume 14

    Accounts ledger listing the Merchants National bank, Savannah, Georgia, account with the Bank of Charleston.



    "Foreign investment information" journal, 1873-1874   volume 15

    Journal contains foreign investment information related to individuals and companies. Entries also include credit status, amount of cotton bales on credit, and standing in regards to the Bank of Charleston. Some entries in French.


    Administrative Information

    Access Restrictions

    This collection is open for research.

    Copyright Notice

    The nature of the College of Charleston's archival holdings means that copyright or other information about restrictions may be difficult or even impossible to determine despite reasonable efforts. Special Collections claims only physical ownership of most archival materials.

    The materials from our collections are made available for use in research, teaching, and private study, pursuant to U.S. copyright law. The user must assume full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used for academic research or otherwise should be fully credited with the source.

    Preferred Citation

    [Identification of item], Bank of Charleston records, College of Charleston Libraries, Charleston, SC, USA.

    Processing Information

    Reprocessed by Joshua Minor, August 2011. Originally processed by Special Collections staff.

    Encoded by Joshua Minor, August 2011.

    Reviewed, edited, and uploaded by Martha McTear, January 2012.

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