corporate charter on February 10, 1818 by the
38th Massachusetts General Court to a group of the
Boston Associates (including
Patrick Tracy Jackson and
Daniel Pinckney Parker), and the charter's holders and bank's directors met periodically from February 27 to March 19 at the
Boston Exchange Coffee House to discuss the organization of the bank. On April 1, 1818, the bank opened for business in rented offices on
State Street until the bank moved permanently to the corner of State and Kilby Streets (currently occupied by either
75 State Street or
Exchange Place) on April 17. In addition to Jackson and Parker, other prominent shareholders of the bank included
William Appleton,
Nathan Appleton,
Timothy Bigelow,
John Brooks,
Gardiner Greene,
Henry Hubbard,
Augustine Heard,
Amos Lawrence,
Abbott Lawrence,
Luther Lawrence,
William Prescott,
Dudley Leavitt Pickman, and
Benjamin Seaver.
[2]