Page 12 - PBCMarch2014

12 Pickwick Bicycle Club Magazine Volume 11 No.1 March 2014
Mr Brooks searching the annals of PBC history….

midst a rummaging of our allegedly disorganised (not my words –Ed!)
historical documents and memorabilia, our redoubtable Mr Brooks came upon
Aa letter from the manager of Barclays Bank Limited – dating back to 25th
March 1937. This relates to the PBC account, wherein it states that the bank was
holding a Stock Receipt for the princely sum of £1025.9s.11d of Metropolitan
Water Board 3% ‘B’ Stock 1934/2003.

Apparently these stocks were sold a few years back –presumably when they
reached maturity. As Mr Brooks also notes, the interest on the Deposit accounts
in 1937, was considerably higher than we could hope for nowadays.
Further investigation revealed that the Secretary/Treasurer at that time was no
less a person than Gabriel Grub –HWR Tyson, who only joined the Club in February
1936, yet achieved high office in a very short space of time. He hailed from
Hadley Wood, which apparently accounts for a good number of Club members –
including a WC Warwick –who I can assure everyone, was not a relative.

Copy of the letter from Barclays Bank