Bradbury Wilkinson issue

The English firm of Bradbury Wilkinson produced the bank's first notes, including two values (50c and $1) that were not issued at this time because the 1897 Ley General de Instituciones de Crédito prohibited notes with values less than five pesos.

The original company was established in 1856 when printer Henry Bradbury came up with a remarkable suggestion to combat the epidemic of counterfeiting of banknotes. Whilst speaking to the Royal Institution he put forward the idea of intaglio printing for banknotes. Bradbury formed a company with his partner and engraver, Robert Wilmot Wilkinson, and they executed their first banknote order for Montevideo in 1858. Bradbury then died in 1860. In 1873–74, the firm built an imposing six-storey workshop, for engraving printing plates, at 25 and 27 Farringdon Road, London.

In addition to these Banco de Jalisco notes the company also produced proofs and specimens for the Banco de Empleados and notes for its successor, the Banco de Londres, México y Sud-América, all to a similar format, but it lost out in the Mexican market to the American Bank Note Company. In fact, in 1903 the company was acquired by the American Bank Note Company and thereafter continued to operate as a wholly owned subsidiary.

Jalisco BW 5 specimen

Jalisco BW 5 specimen reverse

Jalisco BW 10 specimen

Jalisco BW 10 specimen reverse

Jalisco 20 specimen

Jalisco 50 00001

Jalisco 50 00001 reverse

Jalisco 100 A 01726

Jalisco 500 01000

Jalisco 1000 00040

The vignettes on the $5 notes are of Eleuteria (or Liberty) on the left and Mercury on the right.

The signatories are Diego Moreno as Presidente, Narcisco Miranda as Gerente, Carlos Llaguno y del Hoyo and Salvador Velasco as Cajero and Manuel Gómez y Velasco as Interventor.

Presidente

Diego Moreno was an extremely wealthy man from Guadalajara, who owned numerous haciendas around Guadalajara. He was heavily criticized by his workers and partners, as he was accused of paying the worst wages of the time and of keeping several employees of the remotest haciendas imprisoned. However, due to his commercial importance he was chosen as part of the Constituent Congress of 1843 on behalf of Guadalajara, where he co-authored the Bases Orgánicas de la República Mexicana.

He was elected President of the Casino Jalisciense in January 1899^{El Tiempo, Año XVI, Núm. 4,587, 4 January 1899}.

He was appointed President of the Compañía Petrolera de Guadalajara, and later President of the Banco de Jalisco.

Finally, he returned to his La Guaracha hacienda and died there on 2 December 1914.

Gerente

Narciso Miranda was cashier of the Chihuahua branch of the Banco Nacional de México by July 1886^{El Siglo Diez y Nueve, Novena Epoca, Año XLV, Tomo 90, Núm. 14,490, 7 July 1886}. On 1 July 1888 he was appointed cashier at that bank's new branch in Oaxaca^{El Siglo Diez y Nueve, Novena Epoca, Año XLVII, Tomo 94, Núm. 15,114, 4 July 1888}. He later became manager of the Oaxaca branch but resigned in October 1897^{El Imparcial, 29 October 1897; La Voz de México, 30 October 1897}, presumably to become Director Gerente of the new Banco de Jalisco.

He was elected as a deputy to the state legislature in November 1902^{La Voz de México, 12 November 1902}

However, Miranda (and contador Ernesto Mora) were sacked on 4 April 1906 when an inspection revealed that they had defrauded the bank by creating false accounts and making loans to people who were notoriously insolvent. At an extraordinary annual general meeting on 9 October it was suggested that the amount involved was around $1,200,000^{La Gaceta de Guadalajara, Año IX, Núm. 41, 14 October 1906} and the total loss posted for 1905 was $816,920.17^{La Opinión, Veracruz, Tomo III, Núm. 701, 17 October 1906}.

Cajero

Carlos Llaguno y del Hoyo was the first cashier.

He moved to Tepic in April 1900 to establish a branch there and be its manager^{La Democracia, Tepic, Año I, Núm. 7, 15 April 1900}. The branch opened in July^{La Democracia, Tepic, 22 July 1900}.

In September 1900 he was recalled to Guadalajara^{La Democracia, Tepic, 2 September 1900} and in November appointed Inspector of branches (Visitador de Sucursales y Jefe de la sección respectiva)^{El Correo Español, 7 November 1900}. Then in March 1902 he was made manager of the new branch in Zamora, Michoacán^{La Voz de México, Tomo XXXII, Núm. 64, 19 March 1902}.

In January 1905 Llaguno was elected president of the newly-formed Compañía Ferrocarril Jalisco y Michoacán via Chapala, S. A, which proposed to build a railway line from Guadalajara to Zamora and Patzcuaro with various branch lines in Jalisco and Michoacán^{The Mexican Herald, 13 January 1905} and on 26 January 1907 he petitioned the federal government for a concession to establish a new industry, to extract and refine gum (cauchu) from the palo amarillo tree^{Diario Oficial, Tomo LXXXVIII, Núm. 33, 7 February 1907}.

He died in June 1920, at the age of 53^{El Informador, 20 June 1920}.

Salvador Velazco will have taken over in April 1900 and signed notes from May 1900.

Salvador Velasco resigned in 1906, because of a personal disagreement with the new manager, Gustavo Rochelt^{La Gaceta de Guadalajara, 30 September 1906}.

Interventor

Manuel Félix Gómez y Velasco was born in Veracruz on 20 November 1846. He had been an employee of the Tesorería General de la Federación^{La Patria, 1 December 1898} and was Interventor from the bank's inauguration in November 1898 until December 1906.

He died in Mexico City in 1913.

Issues

$5 notes

Jalisco 5 A 0476

Date of issue	Date on note	Series	from	to	Presidente	Interventor	Gerente	Cajero
	28 November 1898	A	00001	20000	Moreno	Gómez y Velasco	Miranda	Llaguno	includes number 04756
	5 September 1900		20001					Velasco	includes numbers 20823 to 28452 overprinted TEPIC
	5 September 1900							Velasco	includes numbers 33062 and 36077 overprinted TEPIC COLIMA

Jalisco 5 28452

Jalisco 5 28452 reverse
overprinted 'TEPIC'

$10 notes

Date of issue	Date on note	Series	from	to	Presidente	Interventor	Gerente	Cajero
	28 November 1898	A	00001	20000	Moreno	Gómez y Velasco	Miranda	Llaguno	includes number 13151
	5 September 1900	A	20001		Moreno	Gómez y Velasco	Miranda	Velasco	includes numbers 26268 overprinted TEPIC

Jalisco 10 26268

Jalisco 10 26268 reverse
overprinted 'TEPIC'

$20 notes

Jalisco 20 A 04064

Jalisco 20 A 04064 reverse

Date of issue	Date on note	Series	from	to	Presidente	Interventor	Gerente	Cajero
	28 November 1898	A	00001		Moreno	Gómez	Miranda	Llaguno	includes number 04064^{CNBanxico #53562}
	20 May 1900	A		15000				Llaguno	includes number 10497 number range taken from specimen

$50 notes

Date of issue	Date on note	Series	from	to	Presidente	Interventor	Gerente	Cajero
	28 November 1898	A	00001		Moreno	Gómez y Velasco	Miranda	Llaguno	includes number 06369
	10 May 1900	A		08000	Moreno	Gómez y Velasco	Miranda	Velasco	number range taken from specimen

$100 notes

Jalisco 100 A 01726

Date of issue	Date on note	Series	from	to	Presidente	Interventor	Gerente	Cajero	comment
	28 November 1898	A	00001		Moreno	Gómez y Velasco	Miranda	Llaguno	includes number 00679^{CNBanxico #53797}
	1 March 1900							Llaguno	includes number 01726
	20 May 1900							Velasco	includes number 02224^{CNBanxico #53787}

$500 notes

Date of issue	Date on note	Series	from	to	Presidente	Interventor	Gerente	Cajero	comment
		A	00001	01000					number range taken from specimen

$1,000 notes

Date of issue	Date on note	Series	from	to	Presidente	Interventor	Gerente	Cajero	comment
		A	00001	00440					number range taken from specimen

The Interventor, Manuel Gómez y Velasco, signed $750,000 in notes in January and February 1900, $800,000 in March, and $1,000,000 in April to June^{informe of interventor Gómez y Velasco, 28 July 1900, in Memorias de las Instituciones de Crédito correspondientes á los años 1900-1902, vol. I}.

By 31 December 1900 $1,600,000 had been put into circulation^{informe of interventor Gómez y Velasco, 31 January 1901, in Memorias de las Instituciones de Crédito correspondientes á los años 1900-1902, vol. I} and a further $250,000 was issued in 1901^{informe of interventor Gómez y Velasco, 30 January 1902, in Memorias de las Instituciones de Crédito correspondientes á los años 1900-1902, vol. I}.

In the beginning the notes had trouble being accepted. The two national banks, the Banco Nacional de México and the Banco de Londres y México, refused to accept them as did the railway. It was reported that someone who wanted to buy a ticket had to stay in Guadalajara as he only had Banco de Jalisco notes^{La Voz de México, Tomo XXIX, Núm. 295, 28 December 1898: La Patria, 28 December 1898}. In his first report the manager, Narciso Miranda, denied problems^{La Voz de México, Tomo XXX, Núm. 16, 20 January 1899} but he might have been putting on a gloss.