George Smith MP

Profile & Legacies Summary

1765 - 1836

Biography

MP and banker, partner in Smith, Payne & Smith (q.v.) and also in the West India merchant firm of Edward and Rene Payne & Co. (q.v.).

'In 1789 Smith paid £10,000 for a share of one-fifth in the mercantile business, based at Lothbury, London, of Edward and Rene Payne, the sons of John Payne, co-founder with Smith’s father of the family’s London bank. On the withdrawal of his eldest brother Robert from the family banking concerns in 1792 George took his place as a partner in the Nottingham, London and Hull banks and, after the death of René Payne in 1799, was in joint control of the London branch with his younger brother John, while the senior partner, Samuel Smith, ran the Nottingham enterprise.'

Sources

https://www.historyofparliamentonline.org/research/members/members-1790-1820. In fact Edward Payne of Edward and Rene Payne was the brother of John Payne, not his son, and uncle of Rene Payne.

Further Information

Absentee?

British/Irish

Associated Estates (1)

The dates listed below have different categories as denoted by the letters in the brackets following each date. Here is a key to explain those letter codes:

SD - Association Start Date
SY - Association Start Year
EA - Earliest Known Association
ED - Association End Date
EY - Association End Year
LA - Latest Known Association

1789 [EA] - 1791 [LA] → Joint owner

Farm Pen [ Jamaica | St Catherine ]

Shown as the property of Messrs Smith, Payne and Smiths of Great Britain bankers between 1789 and 1791, presumably as mortgagees of Sir Charles Price the previous owner.