
It shows a five-guinea (£5 5s 0d) note from the Boroughbridge Bank.
A note on the reverse of the framed photograph records that at the end of the 19th century the original banknote was in the possession of Joseph Stubbs of Boroughbridge. He was a grandson of the Thomas Stubbs named on the note.
Thomas Stubbs (1761-1838) was a grocer, tea dealer and wine & spirit merchant. His home and business premises were known as the Bridge Foot – they are the buildings depicted on the bank note. According to Bishop Stubbs of Oxford, the house stood on the site of the Battle of Boroughbridge 1322.
Stubbs was one of the four partners who owned the Boroughbridge Bank. The others were Hugh Stott of Boroughbridge, Humphrey Fletcher of Minskip, and Thomas Dew of Boroughbridge. The articles of partnership establishing the Bank were signed on 8 May 1814, but the bank may have been in existence for some time before that date – the partnership agreement may have been a formalisation of an existing situation. The bank had branches in Boroughbridge and Northallerton.