Rise of Neville Chamberlain which became the City of Birmingham Symphony Orchestra was initiated. The Lord Mayor persuaded Sir Thomas Beecham to conduct a series of events in Birmingham. The concerts caused Birmingham to be regarded as a cultural centre, and in 1919, the Orchestra was formally founded. Chamberlain established the Birmingham Municipal Bank, the only one of its type in the country, which aimed to encourage savings to pay for the war loan. The bank proved highly successful and lasted until 1976, when it was taken over by Lloyds Bank. Chamberlain was re-elected Lord Mayor in 1916, but he did not complete his
Lord Mayor of London been mandatory for election to the Lord Mayoralty. Two Sheriffs are selected annually by Common Hall, which meets on Midsummer's Day for this purpose. By an ordinance of 1435, the Lord Mayor must be chosen from amongst the Aldermen of the City of London. Those on the electoral roll of each of the City's 25 Wards select one Alderman, who formerly held office for life or until resignation. Now each Alderman must submit for re-election at least once in every six years. The Lord Mayor is then sworn in November, on the day before the Lord Mayor's Show ("see below").