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1774 The bank of J. and J. Backhouse was established as a partnership of James Backhouse with his son Jonathan Backhouse senior (1747-1826) and, later, also with his nephew James junior.
During the first three decades of the nineteenth century Backhouse proved to be the dominant partner in the bank; he presided over expansion which was to consolidate its position in the commercial infrastructure of Co. Durham.
1805 a branch was opened at Durham
1806 Opening of a branch at Sunderland.
Mid-1820s the network was extended to Newcastle upon Tyne, South Shields, and Stockton-on-Tees.
At this time, periodic instability from the over-extension of credit led to banking crises throughout the country but Jonathan Backhouse & Co. weathered all of these without difficulty
1820s The bank was involved in the financing and projection of the Stockton and Darlington Railway
1896 One of a number of banks amalgamated into Barclay and Co