Issues of the Banco de Santa Eulalia

All this can be summarised as follows:

5c notes

Date of issueDate on noteSeriesfromto 
  1884     7489 includes number 7489

10c notes

Date of issueDate on noteSeriesfromto 
  1884     7489 includes number 4189

 

Santa Eulalia 25c B 4580

Santa Eulalia 25c B 4580 reverse

Date of issueDate on noteSeriesfromtoPresidenteContador 
    A 00001 60000 MacManus Scott serial number blue
    50001 60000 according to the ABNC records serial numbers A 50001 to 60000 were printed with the wrong colour underprint
    60001 80000  
    B 00001 20000  
    00001 20000 the duplication of serial numbers was a bank request
    00001 40000 serial number changed to red
    40001 60000  

 

Santa Eulalia 50c A 48116

Santa Eulalia 50c A 48116 reverse

Date of issueDate on noteSeriesfromtoPresidenteContador 
    A


00001 50000 MacManus Scott serial number blue
    20001 50000  
    50001 60000  
    40001 60000  
   

00001 20000  
    00001 20000 the duplication of serial numbers was a bank request
    00001 30000 serial number changed to red
    30001 45000  

 Santa Eulalia 1 B 00001

Santa Eulalia 1 B 00001 reverse

Date of issueDate on noteSeriesfromtoPresidenteContador 
    A

00001 60000 MacManus Scott serial number red
    40001 50000  
    30001 50000  
   

00001 15000  
  00001 15000 the duplication of serial numbers was a bank request
    00001 25000  
    25001 37500 serial number changed to blue

 Santa Eulalia 5

Santa Eulalia 5 reverse

Date of issueDate on noteSeriesfromtoPresidenteContador 
    C 00001 10000 MacManus Scott  

 

Santa Eulalia 10 C 634

Santa Eulalia 10 C 634 reverse

Date of issueDate on noteSeriesfromtoPresidenteContador 
    C 0001 5000 MacManus Scott  

Withdrawal of notes

On 13 October 1888 the Secretaría de Hacienda gave the Banco de Santa Eulalia six months to call in their notes. The bank’s directors had to produce a list of the notes in circulation within two weeks, and make public announcements of their intention to withdraw their notes. They then had to give a weekly report to the Secretaría of the number of notes cancelled.

On 22 October 1888, in response to a request by the bank’s president, Tomás Macmanus, the date on which to begin withdrawing its notes was put back to 1 January 1889: this was then postponed again until 1 March, and finally to 1 April, by which time the bank had negotiated the contract for the new Banco Comercial.

Incinerations

The Secretaria de Hacienda admitted that it did not know how many notes the bank had issuedMemoria de la Secretaría de Hacienda correspondiente al ejercicio fiscal de 1884 á 1885, Mexico, 1885.

Under the terms of the concession for the new Banco Comercial, all the Banco de Santa Eulalia notes were withdrawn and burnt. On 30 November 1889 $56,500 in notes were incinerated in front of the Administrador de Rentas del Estado Memoria de las Instituciones de Crédito Correspondiente a los años de 1897, 1898, y 1899: on 12 September 1890 $60,000 were incinerated, and the bank expected them all to go by NovemberEl Siglo Diez y Nueve, Mexico City, 17 September 1890. These may have been included in the later $108,000 total; on 27 September 1890 $108,000 were destroyed in the presence of Miguel Ahumada, the Interventor, and finally $26,000 were destroyed on 7 January 1892, again in Ahumada’s presence Memoria de las Instituciones de Crédito Correspondiente a los años de 1897, 1898, y 1899. So we have records of a total of $250,500 being destroyed.

On 9 June 1892 the firm of F. Macmanus é hijos asked holders of any remaining notes to present them as soon as possible at their offices at calle Ojinaga 20El Estado de Chihuahua, 11 June 1892.