The establishment of the bank was devised by Charles Montagu, 1st Earl of Halifax, in 1694, the plan of 1691 which had been proposed by William Paterson three years before, but not acted upon.
The establishment of the bank was devised by Charles Montagu in 1694. The plan of 1691 were 1694. This plan of 1691 had been proposed by William Paterson three years before. This plan of 1691 had been acted upon. Charles Montagu was 1st Earl of Halifax.