When Gilbert Peterkin was born on 29 October 1875, in Fraserburgh, Aberdeenshire, Scotland, United Kingdom, his father, Thomas Peterkin, was 40 and his mother, Catherine Wood, was 33. He married Margaret Ann Coull on 30 March 1898, in Aberdeen, Aberdeenshire, Scotland, United Kingdom. They were the parents of at least 2 sons and 3 daughters. He died on 10 September 1961, at the age of 85.
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Because of a discovery of a £7,000 deficit, City of Glasgow Bank halted operations from November to December 1877. After 10 months after reopening, the bank’s directors announced the bank, itself, had filed bankruptcy. The closure showed a net liability of over £6 million. The bank was so successful with telling people that it wasn’t in error, that the Bank's shares were selling for more than double of what they were actually worth. The bank’s directors were arrested and tried at the High Court. All were found guilty and sentenced to terms of imprisonment. Many Glasgow businesses failed as a result of the bankruptcy and shareholders were called to replenish the bank's losses. One shareholder argued that he had become a shareholder unknowing the fraudulent actions of the bank. Wide effects of the collapse have been seen in limited growth in liability and extensive problems with temporary banking liquidity.
Art Nouveau Period (Art and Antiques).
The Scottish National Antarctic Expedition was organized and led by William Speirs Bruce. Him along with Robert Falcon Scott’s Discovery Expedition completed an exploration of Antarctica. They established the first manned meteorological station, the Orcadas, in 1903 and discovered new land east of the Weddell Sea. The expedition was described as the most cost-effective and carefully planned scientific expedition of the Heroic Age. The Orcadas weather station has been in continuous operation ever since.
English: from a pet form of the Middle English personal name Peter + a diminutive kin.
Dictionary of American Family Names © Patrick Hanks 2003, 2006.
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