Montagu and Samuel
1852 Samuel Montagu (nee Montagu Samuel), not yet 21, gained an investment from his father to set up his own business (in partnership with his elder brother, Edwin Samuel, who was a bullion merchant and banker in Liverpool) on condition that he ran the business.
1853 the firm of Montagu and Samuel was founded at 142 Leadenhall Street. It specialized in bullion and exchange services, bill collection, and bankers' drafts. Montagu's experience and expertise in bullion and foreign exchange were the key factors in the business; within two decades the firm had assumed an undisputed lead in the silver market.
1862 The brothers took on the lease at 21 Cornhill. The business was then renamed Samuel, Montagu and Co.
1865 moved to 60 (later renumbered 114) Old Broad Street, which remained the firm's address until 1987.
1877 After Edwin died, the business was renamed Samuel Montagu and Co (ie without the comma).
See Also
Sources of Information
- Biography of Samuel Montagu, ODNB