The Commercial Bank of South Australia was a South Australian
bank founded in 1878 [1] that failed in February 1886 due to fraudulent loans and transfers by the Manager,
Alexander Crooks and Accountant,
Alexander McKenzie Wilson.[2][3][4][5] It was also notable for the problems experienced in its liquidation.[6]
Directors
John Beck; also largest shareholder, in London at time of collapse; never returned.[7]
^"The Border Watch". The Border Watch. Vol. XXIII, no. 2326. South Australia. 27 February 1886. p. 2. Retrieved 27 March 2016 – via National Library of Australia.
The Commercial Bank of South Australia was a South Australian
bank founded in 1878 [1] that failed in February 1886 due to fraudulent loans and transfers by the Manager,
Alexander Crooks and Accountant,
Alexander McKenzie Wilson.[2][3][4][5] It was also notable for the problems experienced in its liquidation.[6]
Directors
John Beck; also largest shareholder, in London at time of collapse; never returned.[7]
^"The Border Watch". The Border Watch. Vol. XXIII, no. 2326. South Australia. 27 February 1886. p. 2. Retrieved 27 March 2016 – via National Library of Australia.