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Newcomen Bank

Coordinates:53°20′38″N6°16′04″W / 53.3438702°N 6.2677291°W /53.3438702; -6.2677291
From Wikipedia, the free encyclopedia
Georgian neo-classical building in Dublin, Ireland
Newcomen Bank
Map
General information
StatusOffice
TypeHouse
Architectural styleGeorgian
Neoclassical
Town or cityDublin
CountryIreland
Coordinates53°20′38″N6°16′04″W / 53.3438702°N 6.2677291°W /53.3438702; -6.2677291
Estimated completion1781
OwnerDublin City Council
Technical details
MaterialPortland stone
Floor count5 over basement
Design and construction
Architect(s)Thomas Ivory andJames Hoban (1781)
William Caldbeck (1856-62)
DeveloperSir William Gleadowe-Newcomen, 1st Baronet

Newcomen Bank is a formerGeorgian bank building and private residence on the junction of Cork Hill, Lord Edward Street and Castle Street, designed by architectThomas Ivory in 1781 with the assistance ofJames Hoban.[1][2]

The bank itself was usually referred to as Newcomen's bank, Newcomen bank or Gleadowe-Newcomen's bank.

The building was constructed and named for theNewcomen family.

History

[edit]

The banking business originated as Swift's bank at 17Eustace Street (then number 22 Eustace Street), founded around 1722 by the merchant James Swift.[3][4]

In 1742 the bank moved to Castle Street and by 1745 James Swift had died and the business was taken over by the new firm of Thomas Gleadowe & Company. In 1767, Thomas was succeeded by his sonWilliam Gleadowe. Five years later William had married an heiress,Charlotte Gleadowe-Newcomen, 1st Viscountess Newcomen and assumed the Newcomen name.[5]

After the business collapsed in 1825, the building was later acquired by the Hibernian bank out of bankruptcy. The Hibernian bank had been founded in April 1825 as a response to anti catholic discrimination by the Bank of Ireland and had its first premises at 81Marlborough Street before moving to the old Newcomen bank building in 1831. The Hibernian bank was itself later taken over by theBank of Ireland in 1958.[6][7][8][9]

Following the collapse of Newcomen bank and several other banks in the city in the 1820s, the Newcomen family and several other prominent families were financially ruined leading toThomas Gleadowe-Newcomen, 2nd Viscount Newcomen shooting himself in his office either at the bank or at his residence atKillester House on 15 January 1825.[10][11]

Building

[edit]

The building was constructed as a private residence in a neo-classical Georgian style in 1781 and faced in white portland stone. It was located opposite some of Dublin's most notable buildings including theRoyal Exchange,Dublin Castle, La Touche Bank and Benjamin Burton's Bank (1700-33) in what was then a prestigious location.[12][13][14]

Some of the interior stucco work was carried out by Vincent Waldré while the sculptor Simon Vierpyl was also involved in completing elements of the friezes throughout the building.

Further works were later carried out by William Caldbeck at the bank between 1856-62 doubling the Cork Hill bowed frontage and adding anIonic portico also in matching portland stone.[15]

The northern end gable was added byDublin Corporation architect Daniel J Freeman in 1884.

The bank was acquired byDublin Corporation in 1886 and was later usually referred to as the rates office.[16] It remained in use as the rates office until the early 2000s.

As of 2023, it is planned to restore the building for use as a multipurpose events and conferencing space.[17][18]

External links

[edit]
Wikimedia Commons has media related toNewcomen Bank.

References

[edit]
  1. ^"CO. DUBLIN, DUBLIN, CASTLE STREET, NO. 016 (NEWCOMEN'S BANK) Dictionary of Irish Architects -".www.dia.ie. Retrieved27 September 2023.
  2. ^"Dublin City Council, 16 Cork Hill, Castle Street/Lord Edward Street, Dublin 2, DUBLIN".Buildings of Ireland. Retrieved19 October 2023.
  3. ^"Irish Theatre Institute, 17 Eustace Street, Dublin 2, DUBLIN".Buildings of Ireland. Retrieved27 October 2023.
  4. ^"17 Eustace Street: A History"(PDF).irishtheatreinstitute.ie. Retrieved27 October 2023.
  5. ^"Goldsmith banker".The Old Currency Exchange is a specialist dealer and valuer of Irish & GB coins, tokens and banknotes. Retrieved27 October 2023.
  6. ^"CO. DUBLIN, DUBLIN, CASTLE STREET, NO. 016 (HIBERNIAN BANK, FORMERLY NEWCOMEN'S BANK) Dictionary of Irish Architects -".www.dia.ie. Retrieved27 September 2023.
  7. ^"Dublin City Architects Blog — THE FORMER NEWCOMEN BANK (Dublin City Council Rates Office)". Retrieved27 September 2023.
  8. ^"JOURNAL ARTICLE Wildcat bankers or political failure? The Irish financial pantomime, 1797–1826".academic.oup.com. Retrieved27 September 2023.
  9. ^Barrow, G. L. (1972)."Some Dublin Private Banks".Dublin Historical Record.25 (2):38–53.JSTOR 30104373. Retrieved24 October 2023.
  10. ^Dungan, Myles (15 January 2016)."On This Day – Drivetime – 15.1.1825 Suicide of banker Thomas Newcomen".Myles Dungan. Retrieved24 October 2023.
  11. ^"The lonely Thomas Gleadowe-Newcomen".Come Here To Me!. 19 November 2012. Retrieved24 October 2023.
  12. ^"Dublin City Architects Blog — THE FORMER NEWCOMEN BANK (Dublin City Council Rates Office)". Retrieved19 October 2023.
  13. ^"1730s – La Touche Bank, Cork Hill, Dublin | Archiseek - Irish Architecture". 9 June 2012. Retrieved19 October 2023.
  14. ^"Burton, Benjamin | Dictionary of Irish Biography".www.dib.ie. Retrieved27 October 2023.
  15. ^"Dublin City Council, 16 Cork Hill, Castle Street/Lord Edward Street, Dublin 2, DUBLIN".Buildings of Ireland. Retrieved24 October 2023.
  16. ^"Plans for €9m redevelopment of historic Newcomen Bank in Dublin".Independent.ie. 18 August 2023. Retrieved27 September 2023.
  17. ^"Newcomen Bank | Dublin City Council".www.dublincity.ie. 17 August 2023. Retrieved24 October 2023.
  18. ^"Howley Hayes Cooney".www.hhcarchitecture.ie. Retrieved24 October 2023.
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