Loyd's father had given up the ministry to take a partnership in his father-in-law's bank and became the founder of the London branch of Jones, Loyd & Co. Loyd joined his father's bank, and took control of the bank after his father retired in 1844. On his father's death in 1858 Loyd inherited an estate worth £ 2 million. In 1864 the bank became incorporated with the London and Westminster Bank.[3]
Political career
Loyd sat in parliament as Whig member for Hythe from 1819 to 1826,[1] and unsuccessfully contested Manchester in 1832. As early as 1832 he was recognized as one of the foremost authorities on banking, and he enjoyed much influence with successive ministries and chancellors of the exchequer. Loyd is considered one of the great figures in British monetary history, particularly with respect to the Bank Charter Act of 1844. He was also opposed to limited liability and the introduction of a decimal currency. In 1850 he was raised to the peerage as Baron Overstone, of Overstone and of Fotheringhay, both in the County of Northampton.[4] Lord Overstone was a member of The Club (Literary Club) and the Political Economy Club and served as High Sheriff of Warwickshire in 1838[5] and as President of the Royal Statistical Society from 1851 to 1853. In 1847 and 1848, he served on the committee of the British Relief Association, which raised almost half a million pounds on behalf of the famine victims in Ireland. (see,[6] Christine Kinealy, Charity and the Great Hunger. The Kindness of Strangers'. Bloomsbury, 2013)
Family
Lord Overstone married Harriet, daughter of Ichabod Wright, in 1829. They had one son, who died as an infant, and a daughter.[1] His seat was Overstone House, Overstone, Northamptonshire built in 1862–4 to a design by William Milford Teulon, brother of the more eminent - and notorious 'Rogue' - Victorian architect Samuel Sanders Teulon. Lady Overstone died on 6 November 1864. Overstone remained a widower until his death on 17 November 1883, aged 87. The barony died with him as he had no surviving male issue. His will was proven on 31 December at £2,118,803 17s. 5d. (roughly equivalent to £227,033,154 in 2021[7]).[8]
The majority of Overstone's fortune was passed on to his daughter, Harriet. She was the wife of Robert Lindsay, who assumed the additional surname of Loyd and was created Baron Wantage in 1885.[9] Overstone's relative Lewis Vivian Loyd, the son of his second cousin William Jones Loyd,[10] inherited part of the estate, including the manor of Withybrook, Wolvey, Warwickshire.
References
^ abc"Loyd, Samuel Jones (1796-1883), of 22 New Norfolk Street, Park Lane, Mdx., History of Parliament Online". www.historyofparliamentonline.org.
^"Loyd,Samuel Jones (LT813SJ)". A Cambridge Alumni Database. University of Cambridge.
^Christine Kinealy, Charity and the Great Hunger. The Kindness of Strangers'. Bloomsbury, 2013
^UK Retail Price Index inflation figures are based on data from Clark, Gregory (2017). "The Annual RPI and Average Earnings for Britain, 1209 to Present (New Series)". MeasuringWorth. Retrieved 11 June 2022.
^"Baron Overstone". probatesearchservice.gov. UK Government. 1883. Retrieved 10 August 2019.
^Cokayne, George Edward (1895). Complete Peerage of England, Scotland, Ireland, Great Britain and the United Kingdom, Extant, Extinct, Or Dormant. G. Bell & Sons. p. 159 and note b.
^Alwyne E Loyd (December 1990), , Cil-y-cwm history and heritage. via archive.org
This article incorporates text from a publication now in the public domain: Chisholm, Hugh, ed. (1911). "Overstone, Samuel Jones Loyd, 1st Baron". Encyclopædia Britannica. Vol. 20 (11th ed.). Cambridge University Press. p. 384.
External links
Hansard 1803–2005: contributions in Parliament by Samuel Jones-Loyd
The Overstone Papers in Senate House Library, University of London
samuel, jones, loyd, baron, overstone, september, 1796, november, 1883, british, banker, politician, right, honourablethe, lord, overstonemember, parliamentfor, hythein, office, 1819, 1826personal, detailsbornsamuel, jones, loyd25, september, 1796died17, novem. Samuel Jones Loyd 1st Baron Overstone 25 September 1796 17 November 1883 was a British banker and politician The Right HonourableThe Lord OverstoneMember of Parliamentfor HytheIn office 1819 1826Personal detailsBornSamuel Jones Loyd25 September 1796Died17 November 1883 1883 11 18 aged 87 Political partyWhigSpouseHarriet Wright m 1829 died 1864 wbr Children2 including HarrietAlma materTrinity College CambridgeOccupationBanker Contents 1 Background and education 2 Banking 3 Political career 4 Family 5 References 6 External linksBackground and education EditLoyd was the only son of the Rev Lewis Loyd and Sarah daughter of John Jones a Manchester banker 1 He was educated at Eton and Trinity College Cambridge 2 Banking EditLoyd s father had given up the ministry to take a partnership in his father in law s bank and became the founder of the London branch of Jones Loyd amp Co Loyd joined his father s bank and took control of the bank after his father retired in 1844 On his father s death in 1858 Loyd inherited an estate worth 2 million In 1864 the bank became incorporated with the London and Westminster Bank 3 Political career EditLoyd sat in parliament as Whig member for Hythe from 1819 to 1826 1 and unsuccessfully contested Manchester in 1832 As early as 1832 he was recognized as one of the foremost authorities on banking and he enjoyed much influence with successive ministries and chancellors of the exchequer Loyd is considered one of the great figures in British monetary history particularly with respect to the Bank Charter Act of 1844 He was also opposed to limited liability and the introduction of a decimal currency In 1850 he was raised to the peerage as Baron Overstone of Overstone and of Fotheringhay both in the County of Northampton 4 Lord Overstone was a member of The Club Literary Club and the Political Economy Club and served as High Sheriff of Warwickshire in 1838 5 and as President of the Royal Statistical Society from 1851 to 1853 In 1847 and 1848 he served on the committee of the British Relief Association which raised almost half a million pounds on behalf of the famine victims in Ireland see 6 Christine Kinealy Charity and the Great Hunger The Kindness of Strangers Bloomsbury 2013 Family EditLord Overstone married Harriet daughter of Ichabod Wright in 1829 They had one son who died as an infant and a daughter 1 His seat was Overstone House Overstone Northamptonshire built in 1862 4 to a design by William Milford Teulon brother of the more eminent and notorious Rogue Victorian architect Samuel Sanders Teulon Lady Overstone died on 6 November 1864 Overstone remained a widower until his death on 17 November 1883 aged 87 The barony died with him as he had no surviving male issue His will was proven on 31 December at 2 118 803 17s 5d roughly equivalent to 227 033 154 in 2021 7 8 The majority of Overstone s fortune was passed on to his daughter Harriet She was the wife of Robert Lindsay who assumed the additional surname of Loyd and was created Baron Wantage in 1885 9 Overstone s relative Lewis Vivian Loyd the son of his second cousin William Jones Loyd 10 inherited part of the estate including the manor of Withybrook Wolvey Warwickshire References Edit a b c Loyd Samuel Jones 1796 1883 of 22 New Norfolk Street Park Lane Mdx History of Parliament Online www historyofparliamentonline org Loyd Samuel Jones LT813SJ A Cambridge Alumni Database University of Cambridge RBS History No 21073 The London Gazette 1 March 1850 p 653 No 19586 The London Gazette 2 February 1838 p 232 Christine Kinealy Charity and the Great Hunger The Kindness of Strangers Bloomsbury 2013 UK Retail Price Index inflation figures are based on data from Clark Gregory 2017 The Annual RPI and Average Earnings for Britain 1209 to Present New Series MeasuringWorth Retrieved 11 June 2022 Baron Overstone probatesearchservice gov UK Government 1883 Retrieved 10 August 2019 Cokayne George Edward 1895 Complete Peerage of England Scotland Ireland Great Britain and the United Kingdom Extant Extinct Or Dormant G Bell amp Sons p 159 and note b Alwyne E Loyd December 1990 Lloyd and Loyd 1690 1990 Cil y cwm history and heritage via archive org This article incorporates text from a publication now in the public domain Chisholm Hugh ed 1911 Overstone Samuel Jones Loyd 1st Baron Encyclopaedia Britannica Vol 20 11th ed Cambridge University Press p 384 External links EditHansard 1803 2005 contributions in Parliament by Samuel Jones Loyd The Overstone Papers in Senate House Library University of London http www aim25 ac uk cats 14 2017 htm http www berkshirehistory com bios rjllinsay html http freepages genealogy rootsweb com villages berks ardington lockinge htmParliament of the United KingdomPreceded byJohn Bladen TaylorSir John Perring Bt Member of Parliament for Hythe1819 1826 With Sir John Perring 1819 1820Stewart Marjoribanks 1820 1826 Succeeded byStewart MarjoribanksSir Robert Townsend Farquhar BtHonorary titlesPreceded byHenry Cadwallader Adams High Sheriff of Warwickshire1838 Succeeded bySir Francis Lawley BtPeerage of the United KingdomNew creation Baron Overstone1850 1883 Extinct Retrieved from https en wikipedia org w index php title Samuel Jones Loyd 1st Baron Overstone amp oldid 1123247627, wikipedia, wiki, book, books, library,
