Sir Richard Hoare (1648 – 6 January 1719) [1] was the English founder of C. Hoare & Co, the oldest extant bank in the United Kingdom.
Sir Richard Hoare (1648 – 6 January 1719) [1] was the English founder of C. Hoare & Co, the oldest extant bank in the United Kingdom.
Raised near Smithfield Market in London, [2] only son of horse-dealer Henry Hoare (died 1699) and Cicely (died 1679), Richard Hoare began his working life apprenticed to the goldsmith Richard Moore [3] from 9 June 1665 for seven years. [1] He was granted the Freedom of the Worshipful Company of Goldsmiths on 5 July 1672. This date marks the foundation of C. Hoare & Co as a goldsmith's business at the sign of the Golden Bottle in Cheapside, London. [3]
Hoare, a Tory, stood for election as Sheriff of London in June 1702 but was unsuccessful. He was knighted by Queen Anne in October 1702. [4] He attained the office of alderman in September 1703. At the election of May 1705, he first stood for the constituency of London, but could only manage fifth [5] place as the City Tories were soundly defeated. He also failed in the City election of 1708, finishing seventh [5] as the Whigs once again dominated the poll. [4]
Contesting the mayoral election of September 1710 he unsuccessfully challenged the Whig leader (Sir) Gilbert Heathcote but was appointed Sheriff of London instead and was elected to Parliament in the same year, finishing second in the poll. [5] He finally became Lord Mayor of London in September 1712 [6] having also contested the election in 1711. [4] The City election of 1713 saw Hoare returned to Parliament having again finished second [5] but he did not stand in 1715. He subsequently withdrew from public life in 1718 due to ill-health. [4] Hoare died at Hendon on 6 January 1719. [7]
A monument to his memory stands in the church of St Dunstan-in-the-West and was designed and created by Thomas Stayner. [8]
Hoare married Susanna Austen; they had 17 children (one of whom was Henry Hoare I). [9]
Henry Hyde, 4th Earl of Clarendon and 2nd Earl of Rochester, PC, styled Lord Hyde from 1682 to 1711, was an English Army officer and Tory politician who sat in the English and British House of Commons from 1692 until 1711 when he succeeded to the peerage as Earl of Rochester.
C. Hoare & Co., also known as Hoares, is a British private bank, founded in 1672 by Sir Richard Hoare; it is currently owned and led by the eleventh and twelfth generation of his direct descendants. It is the oldest privately-owned bank in the United Kingdom and reputedly the fourth oldest in the world.
Henry Hoare II (1705–1785), known as Henry the Magnificent, was an English banker and garden owner-designer.
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Henry Hoare I (1677–1725), known as Good Henry, was an English banker and landowner.
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Sir Francis Child (1642–1713), of Hollybush House, Fulham, Middlesex and the Marygold by Temple Bar, London, was an English banker and politician who sat in the English and British House of Commons between 1698 and 1713. He served as Lord Mayor of London for the year 1698 to 1699. The goldsmith's business which he built up from 1671 later became one of the first London banks, Child & Co.
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Sir Abraham Elton, 2nd Baronet of Bristol and Clevedon Court, Somerset, was a British merchant, slave trader and Whig politician, who sat in the House of Commons for Taunton between 1724 and 1727, and then for Bristol from 1727 until his death in 1742. He also served as the High Sheriff of Bristol from 1710 to 1711, and was Mayor of Bristol for the year 1719 to 1720.
Sir John Ward, of Hookfield, Clay Hill, Epsom, Surrey and St Laurence Pountney, London, was a British merchant, banker and politician who sat in the House of Commons between 1701 and 1726. He was an original Governor of the Bank of England and served as Lord Mayor of London in 1718.
Sir John Guise, 3rd Baronet of Elmore Court, Gloucestershire was a British landowner and politician who sat in the House of Commons between 1705 and 1727.
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