Sampson Lloyd

For other people with the same name, see Sampson Lloyd (disambiguation).
Portrait of Sampson Lloyd

Sampson Lloyd II (1699–1779) was an English iron manufacturer and banker, who co-founded Lloyds Bank.[1]

Background

There were three generations of Sampson Lloyd in the Lloyd family of Birmingham, England. Sampson Lloyd I (1664–1724) and Mary (née Crowley, sister of Ambrose Crowley), Quakers of Welsh origin, moved from their Leominster, Herefordshire farm in 1698 to Edgbaston Street in Birmingham. Sampson II and Charles Lloyd were their sons; and Sampson Lloyd III was a son of Sampson II.

Blue plaque on the site of Birmingham's first bank in Dale End
"Farm", in the former manor of Bordesley, now amidst the urban landscape of Sparkbrook, Birmingham

Sampson Lloyd II

After the death of Sampson I in 1725, his sons bought the Town Mill and traded in iron. Sampson II also bought a forge in Burton upon Trent. After Charles' death in 1741, Sampson II became wealthy and in 1742 bought for £1,290 a 56-acre estate called "Owen's Farm" in the manor of Bordesley (in the area now known as Sparkbrook) on the edge of the town of Birmingham. He retained the Tudor farmhouse and built nearby a Georgian mansion which he called "Farm", now a grade II* listed building.

Lloyd continued to reside partly in his former townhouse in Edgbaston Street, Birmingham, near his ironworks. In 1765, at the age of 66, he formed a company with the leading Birmingham button maker John Taylor (1704–1775) and his own son, Sampson III, creating Birmingham's first bank: Taylor's and Lloyds, located at 7 Dale End. This is the bank which became Lloyds Bank, now part of Lloyds Banking Group.

Family

Lloyd married first in 1727 Sarah Parkes (1699–1729), daughter of Richard Parkes (died 1729); his son by this marriage, Sampson III, formed another company, Taylor, Lloyd, Hanbury and Bowman in Lombard Street in London.[1][2] His second wife, married in 1731, was Rachel Champion (1712–1766), daughter of Nehemiah Champion III (1678–1747).[3] There were four sons and two daughters who survived to adulthood of this second marriage, including Charles Lloyd (1748–1828) the second son.[4] He was also a partner in the bank; his son, Charles Lloyd II, the poet, was only briefly involved in banking.

Sources

Notes

  1. 1 2 Price, Jacob M. "Lloyd, Sampson". Oxford Dictionary of National Biography (online ed.). Oxford University Press. doi:10.1093/ref:odnb/37682. (Subscription or UK public library membership required.)
  2. ↑ Humphrey Lloyd (5 November 2013). Quaker Lloyds in the Industrial Revolution. Routledge. p. 106. ISBN 978-1-136-60575-8.
  3. ↑ Day, Joan. "Champion family". Oxford Dictionary of National Biography (online ed.). Oxford University Press. doi:10.1093/ref:odnb/49063. (Subscription or UK public library membership required.)
  4. ↑ John Burke (1838). A Genealogical and Heraldic History of the Commoners of Great Britain and Ireland, Enjoying Territorial Possessions or High Official Rank: But Uninvested with Heritable Honours. Henry Colburn. pp. 112–3.
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