1838 hoare's old banking house bank Fleet Street London City capital England English Britain British UK United Kingdom GB royal
Old and new london a narrative of its history its people and its places 6 volumes Illustrated with numerous engravings fronm the most authentic sources The city ancient and modern By Walter Thornbury Published By Cassell and company Limited 1880 Company 1672. This date marks foundation ledgers Famous customers of the 17th century: Catherine of Braganza (wife of Charles II); Samuel Pepys (diarist); Sir Godfrey Kneller (painter); John Dryden (poet) and Richard Beau Nash. During the 18th century the bank prospered. Richard Hoare was knighted by Queen Anne, and became Lord Mayor of London in 1712. After Richard's death, two of his sons continued the business but it was Richard's grandson, Henry Hoare, who was the most prominent member of the family during this century. Henry was a partner for nearly 60 years and attached great importance to the success of the bank. His nickname, "Henry The Magnificent", derived in part from his influence as a great patron of the Arts, but more particularly because he laid out the gardens at Stourhead in Wiltshire, an estate bought by his father. The gardens are world famous and it is said that Stourhead inspired Capability Brown, the renowned landscape gardener, to start his career By the beginning of the century, Messrs. Hoare had reduced their trade as goldsmiths and concentrated their energies on banking. Later on, printed cheques and passbooks (the forerunner of statements) were introduced. Famous customers of the 18th century: Lord North (Prime Minister); David Garrick (actor); Thomas Chippendale & son (furniture makers), Thomas Gainsborough (painter) and Eton 19th century was a turbulent time for banks in England. Many of the 4,000 or so private banks disappeared and Hoares came perilously close to disaster. In the first half of the century Hoares maintained a steady business. In the second half the partners running the bank almost brought it down with unsuccessful speculation and poor the middle of t
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