The following were selected to form a Committee "for the purpose of carrying out this scheme": Henry Green – Civil Commissioner for the District, L.J.
It was proposed that no shareholder be allowed to hold more than 50 shares and that the proportion of votes be as follows: The initial Directors of the bank were chosen by ballot on 16 May 1861 and Messrs. H Green and Bedford Jnr.
Green in Reyneveld Street for £900, payable in two installments at six and twelve months, bearing an interest rate of six percent per annum as of 1 July 1861 when occupation was taken.
An initial run of bank notes were printed by Saul Solomon & Co., Printers in Cape Town and a £5 pound cancelled note signed by R. Thomson and R.A. Green, issued on 24 October 1861 is known to exist at the Gallery and Heritage Centre - Standard Bank of South Africa in Simmonds Street Johannesburg.
The latter notes were printed by William Brown & Co. Sc 40 & 41, Old Broad St. London, who were represented locally by Ewan Christian of Cape Town.
Other known locations where notes are kept include the MuseuMAfricA in Johannesburg and the Institute of Bankers of South Africa.