Sanders, Snow & Co

This private bank was established in newly-built premises in Cathedral Yard, Exeter, in 1769 as Duntze & Co and was also known as Exeter Bank. The founding partners were John (later Sir John) Duntze, William Mackworth Praed, Joseph Sanders and Daniel Hamilton. Duntze was a leading woollen merchant and MP for Tiverton; his family had come from Bremen in north Germany.

The bank was styled Sanders & Hamilton following Duntze’s death in 1789, and Sanders & Co from 1812 until 1901. Branches were opened at Exmouth (1896) and at Budleigh Salterton (1897). In 1901 Sanders & Co merged with Milford, Snow & Co, bankers of Exeter, to form Sanders, Snow & Co. The partners continued to trade under the name of Exeter Bank until 1902 when the bank was taken over by Prescott, Dimsdale, Cave, Tugwell & Co bankers of London.

Branches: The bank opened 2 branches between 1769 and 1902. In 1902 2 branches were operating.

Detailed list of name changes

• John Duntze, William Mackworth Praed, Joseph Sanders, Daniel Hamilton 1769-84
• John Duntze, Joseph Sanders and Daniel Hamilton 1784-9
• Joseph Sanders, Daniel Hamilton 1789-1810
• Joseph Sanders, Joseph Barnes Sanders, Edward Lloyd Sanders 1810-c.1818
• Joseph Sanders, Edward Lloyd Sanders, Joseph Barnes Sanders, Charles Rogers Sanders c.1818-19
• Edward Lloyd Sanders, Joseph Barnes Sanders, Charles Rogers Sanders 1819-34
• Edward Lloyd Sanders, Joseph Barnes Sanders, Edward Andrew Sanders and Charles Rogers Sanders 1835-c.1836
• Edward Lloyd Sanders, Joseph Barnes Sanders and Edward Andrew Sanders 1836-9
• Joseph Barnes Sanders, Edward Andrew Sanders and William Barnes 1839-c.1844
• Joseph Barnes Sanders, Edward Andrew Sanders, William Barnes c.1844-6
• Edward Andrew Sanders, William Barnes, Ralph Sanders 1846-67
• Edward Andrew Sanders, William Barnes Senior, Ralph Sanders, William Barnes junior 1867-77
• Edward Andrew Sanders, William Barnes Senior, Ralph Sanders, William Barnes junior, Edward James Sanders 1877-86
• Edward Andrew Sanders, William Barnes Senior, Ralph Sanders, Edward James Sanders 1886-8
• Edward Andrew Sanders, Edward James Sanders, William Barnes Senior, Arthur Melville Hood Walrond 1888-92
• Edward Andrew Sanders, Edward James Sanders, Arthur Melville Hood Walrond, Sir William Walrond 1892-3
• Edward Andrew Sanders, Edward James Sanders, Arthur Melville Hood Walrond, Hugh Henry John Williams Drummond c.1893-1901

Published histories

• Exeter and the Exeter Bank 1769-1969 (Exeter: privately published by National Provincial Bank, 1969)
• J Ryton, Banks and banknotes of Exeter 1769-1906 (Exeter: privately published: 1983)

Summary of our archive holdings

Our archival records of Sanders, Snow & Co have the reference code SAN.

For help understanding words used here, check our glossary of banking record types (PDF 68 KB).

Partnership records

• partnership agreements 1784, 1830-77
• partners’ papers: will probates 1819-40, indemnity fund 1878-1901, powers of attorney 1897-9
• amalgamation papers 1901-2

Financial records

• balance books: 1858-1901, general 1845-1902
• unpaid bills of exchange 1858-64
• papers re investments 1883-1901
• balance sheets 1892
• private ledgers 1864-1919

Customer records

• notice re exchange of coin 1774
• various customer papers 1761-1834, 1894-1901
• securities for advances 1817-51
• cheque form 19th cent.
• cheque book c.1858

Staff records

• staff surety bonds 1796, 1832

Property records

• papers re branch properties 1745-1903

Note issue records

• banknotes 1804-36, 1895
• indemnities re mutilated banknotes 1852-9
• list of banknotes 1899-1900
• banker’s licences 1815-1900

Other

• ephemera scrapbook 1869-1919

Summary of archive holdings elsewhere

• Devon Archives and Local Studies: Papers 1877-94 (Ref: 1926 B/W/B 1)