Capital Asset in Tay Street
The building at number 26 Tay Street, built in 1874 to a design by Andrew Heiton Jnr, is now occupied by the Capital Asset, a Wetherspoon pub. Formerly it was the Trustee Savings Bank. The presence of the City of Perth Coat of Arms on the wall outside is a reminder of the local nature of the early bank, before various amalgamations resulted in it becoming part of a nationwide organisation. Trustee Saving Banks were set up on democratic and philanthropic principles and overseen by trustees appointed from the locality. Due to a number of bank failures, after 1871 Trustee…