Hinckley And Rugby Building Society
The Hinckley & Rugby Building Society's history dates back to 1861 when the Rugby Provident Building Society was founded.
Unfortunately much of the Rugby's history was lost when it was merged with its Hinckley counterpart in 1983. Fortunately, the same is not true of the organisation originally known as the Hinckley Freehold Land and Permanent Building Society.
The Society opened for business in November 1865, when it was resolved that Thomas Kiddle would become manager and would run the Society from his draper’s shop in Castle Street, Hinckley, a location that has remained central to the organisation ever since.
At the end of the first year of business, Christmas Day 1866, deposits amounted to a princely £480 but, by 1881, the Directors reported 1,851 shares were held by 594 shareholders and receipts amounted to just under £5,000.
Read more about Hinckley And Rugby Building Society: The Hinckley Permanent Society, The Birth of The Hinckley & Rugby Building Society, The Hinckley & Rugby Building Society Today
Famous quotes containing the words building and/or society:
“People do not know the natural infirmity of their mind: it does nothing but ferret and quest, and keeps incessantly whirling around, building up and becoming entangled in its own work, like our silkworms, and is suffocated in it: a mouse in a pitch barrel.”
—Michel de Montaigne (1533–1592)
“Where justice is denied, where poverty is enforced, where ignorance prevails, and where any one class is made to feel that society is in an organized conspiracy to oppress, rob, and degrade them, neither persons nor property will be safe.”
—Frederick Douglass (c. 1817–1895)