Branches of the Banco de Londres y México (Aguascalientes - Mazatlán)

Aguascalientes

By its decree núm 1142^{[text needed]} the Aguascalientes state legislature authorised governor Carlos Sagredo to agree a contract^{[text needed]} with Genaro Kimball, apoderado of the Banco de Londres y México, to establish one or more branches in the state. In return for the usual tax breaks the bank was obliged to put into circulation in the state the notes issued by its head offices in Mexico City. The contract was dated 17 July 1903^{contract published in El Republicano, 19 July 1903}.

Kimball had been manager of the Aguascalientes branch of the Banco de Zacatecas but resigned in June 1903^{The Mexican Herald, 8 June 1903} to take over the proposed Banco de Londres y México branch^{El Minero Mexicano, 25 June 1903}. This branch finally opened on 20 October 1903^{El Popular, 23 October 1903}.

Kimball resigned in September 1906^{El Tiempo, 26 September 1906}.

In early January 1906 the Banco de Zacatecas and the branch of the Banco Nacional de México in Zacatecas refused to accept notes of the Banco de Londres y México, especially the larger denominations, not through mistrust but because, according to the Banco de Zacatecas, as there was no agency in Zacatecas it was necessary to send the notes to Aguscalientes to redeem them. However, El Correo de Zacatecas felt that the measures were also due to the scarcity of cash and to the prudence of the banks themselves to preserve as much cash as possible^{La Gaceta de Guadalajara, 7 January 1906}.

The branch overprint is found on notes dated 1 January 1902 ($10, $20, $50, $100), 1 May 1906 ($5, $10) and 1 July 1910 ($5, $10, $50).

M272f $10 overprinted 'AGUASCALIENTES'

M274g $50 stamped 'AGUASCALIENTES'

The following $10 note, dated 1 October 1913, has a questionable overprint.

M272f $10 stamped 'AGUASCALIETES' (sic)

Cocula

Cocula is a town in Jalisco, located 37 kilometres southwest of Guadalajara. This overprint is found on a $20 note dated 1 January 1902.

M271h $5 printed 'GUADALAJARA' and stamped 'COCULA'

M273f stamped 'COCULA'

Durango

The bank moved to new premises on the corner of 5a calle de la Constitución and 7a calle de la Pila (now calle Aquiles Serdán) in 1906.

Following Carranza's circular núm. 7 and the bank's failure to reopen its branch the Constitutionalists took over the branch at calle de la Constitución 72 and its annexe, at 7a calle de la Pila  92 in early 1914. On 23 February 1915 , their lawyer, Laureano Roncal, asked governor Saravia to restore the two properties^{ADUR, Libro Copiador 298, Hacienda 23 February 1915 - 26 May 1915, p6}.

The branch overprint is found on notes dated 1 December 1890 ($1), 1 January 1902 ($5, $10, $20, $50, $100), 10 January 1903 ($500), 1 May 1906 ($5, $10) and 1 July 1910 ($5, $10, $20).

M273g $20 stamped 'DURANGO'

M274h $50 stamped 'DURANGO'

M275g $100 overprinted 'DURANGO' in purple serif

M275g $100 overprinted 'DURANGO' in red san-serif

M276c $500 stamped 'DURANGO'

Guadalajara

In October 1888 it was reported that the Banco de Londres, México y Sud América was planning to establish a branch in Guadalajara^{El Cronista, 17 October 1888}.

The bank’s branch, on the corner of 16 de Septiembre and Madero was designed by the American Charles Strange. The building was on an almost square lot of about 26 metres per side. It has two floors that occupy the entire lot with a third added later. The main characteristic of the façade is the use of red brick in almost all of it, except for the details of grey quarry in pediments and cornices. The octagonal of the façade is the one with the greatest detail; the rusticated treatment of the quarry corners adds strength to the building, and under the balconies, there are detailed medallions with the initials 'BLM'.

The branch overprint is found on notes dated 1 July 1889 ($100), 1 September 1889 ($100), 1 July 1897 ($5, $20, $100), 1 September 1891 ($20, $50), 1 July 1897 ($20, $50), 1 January 1902 ($10), 1 May 1906 ($5), 1 July 1910 ($20), 2 January 1912 ($5, $10, $50) and 2 January 1913 ($5, $10, $100).

M271g $5 stamped 'GUADALAJARA' in cartouche

 
M271g $5 stamped 'GUADALAJARA'

M271g $5 overprinted 'GUADALAJARA' in box

M272i $10 stamped 'GUADALAJARA'

M272i $10 overprinted 'GUADALAJARA' in box

M273h $20 stamped 'GUADALAJARA' in cartouche

M273h $20 stamped 'GUADALAJARA' in cartouche

M273h $20 overprinted 'GUADALAJARA' in box

M274i $50 overprinted 'GUADALAJARA' in box

M275h $100 stamped 'GUADALAJARA' in cartouche

M275h $100 overprinted'GUADALAJARA' in box

Guanajuato

The branch was established in 1888.

The branch overprint is found on notes dated 1 July 1889 ($10, $20, $50), 18 August 1893 ($10), 1 July 1897 ($5, $20, $50, $100), 1 January 1902 ($10, $100), 1 May 1906 ($5), 1 July 1909 ($5, $10) and 1 July 1910 ($5, $10, $20).

M271j $5 stamped 'GUANAJUATO' in cartouche 

M272j $10 stamped 'GUANAJUATO' in box

M272j $10 stamped 'GUANAJUATO' in box

 
M272j $10 stamped 'GUANAJUATO'

M273i $20 stamped 'GUANAJUATO' in box

M273i $20 stamped 'GUANAJUATO' in box

M273i $20 stamped 'GUANAJUATO' 

M275l $100 stamped 'GUANAJUATO' in box

M275l $100 stamped 'GUANAJUATO' in box

Lerdo

The branch opened in 1898.

The branch overprint was applied to five denominations ($5, $10, $20, $50, $100) dated 1 July 1897.

M271j $5 stamped 'LERDO'

M272k $10 stamped 'LERDO'

M273j $20 stamped 'LERDO' in red

M273j $20 stamped 'LERDO' in black

M275ii $100 stamped 'LERDO'

Mazatlán

On 27 October 1897, in decree núm. 42^{[text needed]}, the state legislature authorised Federico Comparot, representing H.C. Waters, manager of the Banco de Londres y México, to establish a branch in Mazatlán. The branch opened its doors on 23 March 1898, under the management of Roberto Henderson^{ASIN, Luis Rivas García, Mazatlán, 18 September 1900}. Henderson was manager until 3 April 1907.

The branch overprint was applied to five denominations ($5, $10, $20, $50, $100) dated 1 July 1897 and to $5 notes dated 1 May 1906.

M271k $5 stamped 'MAZATLAN'

M272l $10 stamped 'MAZATLAN'

M273k $20 stamped 'MAZATLAN'

M275j $100 stamped 'MAZATLAN'