BANK LOTTERY CATTLE BARON

BANK LOTTERY CATTLE BARON

A WINDFALL FOLLOWING ON FROM WHEN THE BANK OF AUSTRALIA WENT BUST In 1848 Angus McDonald from Bolwarra (near Maitland)  bought a ticket in  New South Wales’ first official  lottery.  It was held as a means of dispersing the assets of the failed Bank of Australia. The

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When the Bank of Australia Went Bust.

When the Bank of Australia Went Bust.

THIS STORY FOLLOWS ON FROM AUSTRALIA’S FIRST BANK ROBBERY At the beginning of March, 1841 there was a devastating fire at the Albion Mills, in Sydney’s Darling Harbour. The owners, Messrs Hughes and Hosking, were shipping agents and importers. Many Sydney  merchants  had produce stored at the

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AUSTRALIA’S FIRST BANK ROBBERY

AUSTRALIA'S FIRST BANK ROBBERY

The Bank of Australia was  established in 1826,  in competition with the Bank of New South Wales.   It was located in the Joseph Underwood buildings, in lower George Street.     On Sunday, September 15 1828 a cashier was horrified to discover  a gaping hole in

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