Grace's Guide

British Industrial History

Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 146,912 pages of information and 232,835 images on early companies, their products and the people who designed and built them.

Freame Bank

From Graces Guide

Jump to: navigation, search

1690 John Freame (1665-1745) of Lombard Street, a leading Quaker banker, went into partnership with his brother-in-law Thomas Gould (d. 1728) as Freame and Gould.

1697 Freame married Thomas Gould's sister Priscilla, and Thomas Gould married Freame's sister Hannah.

The business flourished, helped in no small part by its Quaker connections. The bank financed Quaker traders in the new colonies in America and the Caribbean, helped to finance the Pennsylvania Land Company, and were actively involved in Quaker-dominated companies like the London Lead Company and the Welsh Copper Company.

1728 John Freame’s son, Joseph Freame (1703-1766), became a partner in the bank, and John Freame began a gradual process of retirement.

1728 The banking partnership ended with Thomas Gould's death, Freame continuing alone as Freame Bank

1733 James Barclay joined the firm, having married Freame’s daughter, Sarah. (James was the son of David Barclay by his first wife, Ann. Following the death of Ann, David Barclay married Freame’s elder daughter Priscilla in 1723.)

Brought his son Joseph into partnership, at what later became 56 Lombard Street.

1733 James Barclay married Sally Freame and joined the partnership, which became Freame and Barclay, until his death in 1766.

1759 Joseph Freame's own son John (1730-1770) became a partner (i.e. Freame, Barclay, and Freame).

1766 On Joseph Freame's death, the Barclay interest in the bank continued through the two sons of Joseph's sister Priscilla and David Barclay (i.e. David and John).

From 1776 the bank was Barclay, Bevan, and Bening

1797 The bank stabilized as Barclay, Tritton, and Bevan.

See Also

Loading...

Sources of Information

  • Biography of David Barclay, senior, ODNB
  • [1] Barclays history