British notes 50 Pounds banknote, Queen Elizabeth II & Sir John Houblon.

British notes Bank of England 50 Pounds banknotes Queen Elizabeth
£50 pounds Bank of England note
England 50 Pounds banknote bill
50 Pounds banknote 
British notes - 50 Pounds banknote - Bank of England.
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Obverse: Portrait of Queen Elizabeth II.
Reverse: Portrait of Sir John Houblon (13 March 1632 – 10 January 1712) , the first Governor of the Bank of England from 1694 to 1697 and the old-style £50 note was issued during the same year (1994) as the Bank of England celebrated its 300th anniversary. The design also includes an image of the Bank Gatekeeper and Houblon's house in Threadneedle Street, the site of the present Bank of England building.
Watermark: Image of the Queen's portrait.

BANK OF ENGLAND NOTES HISTORICAL SERIES E

5 Pounds    10 Pounds    20 Pounds    50 Pounds

The Historical series are so called because they feature a famous historical character on the reverse. The £5 was first issued on 7th June 1990, and the £20 on 5th June 1991. They remain the current notes in circulation today (1999). The £10 was first issued on 29th April 1992, and the £50 on 20th April 1994. The £50 note incorporates an additional security device in the form of a foil Tudor rose and medallion.

The house in Threadneedle Street

In December 1694 the Bank, originally occupying Mercers’ Hall, paid £5,500 for an eleven year lease on Grocers’ Hall where it eventually remained until 1733. On the failure to negotiate a renewal of the lease it was agreed to “build a new public office upon the Bank’s estate in Threadneedle Street”; the original site of Sir John Houblon’s house and gardens.

After the death of Lady Houblon in 1732 the site was to become the basis for Sampson to begin the development of the present Bank of England building in Threadneedle Street. Subsequently, the church of St Christpher-le-Stocks and the graveyard were to disappear beneath the ever-increasing requirements of the Bank.