The reason for it being the “Second” is that in 1846 the Bradford Equitable Building and Investment Company had been formed as a terminating society (i.e. on achieving its objectives, it was wound up).
Another example of the society's attitude to limited liability was in 1879 when three Bradford banks proposed adopting that structure; the response was to spread the money around.
[1] Geographic expansion was slow but steady until World War I – the first agencies were not opened in the Bradford suburbs until 1914.
Unlike its future partner, the Bingley, there was a wider geographic spread and a concentration on the larger cities – Birmingham, Bristol, Glasgow, Leeds and Liverpool.
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