The Bank of England as registrar

Quarterly Bulletin 1963 Q1
Published on 01 March 1963

Growth of the stocks and accounts The Bank of England Charter of 1694 included the following directive regarding the management of the newly created Capital Stock:

" • • • we do hereby direct and appoint, that there shall be constantly kept in the publick Office of the said Governor and Company of the Bank of England, a Register, or Book or Books, wherein all Assignments and Transfers shall be entered."

In keeping the said register or book as directed, the Bank started their work as registrar. recording the transfers and paying the dividends on their own Capital Stock of £1,200,000.

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