Both the British Linen Bank and the Union Bank of Scotland form part of the current Bank of Scotland. British Linen is still trading as a merchant bank as a subsidiary of Bank of Scotland (but no longer issues bank notes).
British Linen Bank One Pound Note - Issued in 1953 The British Linen Bank was founded in 1746, the same year as the Battle of Culloden. Originally it traded as the British Linen Company but despite the "British" in the name, it was very much a Scottish Bank. However, in 1919 it was taken over by Barclays Bank a large English organisation. Then in 1969 it was acquired by Bank of Scotland - with Barclays Bank acquiring a 35% stake in Bank of Scotland as a result (subsequently sold in the early 1980's).
Union Bank of Scotland One Pound Note - Issued in 1951 The Union Bank of Scotland was founded in Scotland in 1830 and traded independently until 1952 when it merged with the Bank of Scotland.
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