Charles Edward Mangles

Charles Edward Mangles (1798–1874) was an English businessman and Member of Parliament.

Life

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Mangles was a son of James Mangles.[1] He was employed as a naval officer by the East India Company, a midshipman in 1811, becoming a commander in 1827 on the Marchioness of Ely.[2] In 1831 he left the service of the East India Company, in order to marry, and joined his elder brother Frederick, who had taken over their father's business, as a partner.[3] In the following decade Mangles & Co. became an East India agency.[4] The private bank Mangles, Keen & Co. was operating in Epsom in 1838.[5]

Mangles acquired the Poyle Park estate near Farnham, Surrey, by purchase, under the terms of the will of his father.[6] He was an unsuccessful parliamentary candidate for Southampton in 1841.[7] That year, he was a director of the London and Blackwall Railway.[8] Active in promoting the Victoria Dock for London by Act of Parliament (1850), he worked with Edward Ladd Betts, Samuel Morton Peto, and another banker, J. P. Kennard.[9] He became chairman of Royal Mail Steam Packet in 1856.[10] In 1857 he was elected to Parliament as member for Newport, Isle of Wight.[11] Shortly afterwards he became chairman of the London and South Western Railway Company.[12]

In 1864 the West Surrey private bank, C. E. Mangles & Co., dating back to 1836, was converted into the public South Eastern Banking Company; Mangles joined the new board. It expanded and changed name, taking over a Ramsgate bank, and being known as the Counties Joint Stock Bank and English Joint-Stock Bank. It did not survive the Panic of 1866, however. Charles Bradlaugh brought an action against the English Joint-Stock Bank, for unpaid commission.[13][14][15]

Family

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Mangles married Rose Newcomb.[1] James Henry Mangles the diarist was their eldest son.[16]

Notes

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  1. ^ a b Pamela Statham-Drew (June 2003). James Stirling: admiral and founding governor of Western Australia. University of Western Australia Press. pp. 46–7. ISBN 9781876268947.
  2. ^ Report from the select committee on East India maritime officers: Appendix and index. 1837. p. 86.
  3. ^ Pamela Statham-Drew (June 2003). James Stirling: admiral and founding governor of Western Australia. University of Western Australia Press. p. 236. ISBN 9781876268947.
  4. ^ Alain Le Pichon (10 August 2006). China Trade and Empire: Jardine, Matheson & Co. and the Origins of British Rule in Hong Kong, 1827-1843. OUP/British Academy. p. 187 note 51. ISBN 978-0-19-726337-2.
  5. ^ England (1838). A list of the country banks of England and Wales, private and proprietary; also of the names of all the shareholders of joint-stock banks [&c.]. p. 21.
  6. ^ Mangles, James (1762–1838), of Woodbridge, nr. Guildford, Surr.
  7. ^ The Parliamentary Companion. Whittaker & Company. 1858. p. 244.
  8. ^ Robinson's railway directory, containing the names of the directors of all the principal railways in Great Britain, derived from original sources, 1841. LSE Selected Pamphlets, at p. 13. Contributed by: LSE Library. Stable URL: https://www.jstor.org/stable/60240022
  9. ^ Phillip Cottrell (27 November 2012). Investment Banking in England 1856-1881 (RLE Banking & Finance): Volume One. Routledge. p. 326. ISBN 978-1-136-30146-9.
  10. ^ Robert E. Forrester (15 April 2016). British Mail Steamers to South America, 1851–1965: A History of the Royal Mail Steam Packet Company and Royal Mail Lines. Routledge. p. 36. ISBN 978-1-317-17185-0.
  11. ^ Pamela Statham-Drew (June 2003). James Stirling: admiral and founding governor of Western Australia. University of Western Australia Press. p. 524. ISBN 9781876268947.
  12. ^ Charles E. Mangles (1859). To the Shareholders in the London and South Western Railway—A letter. W. P. Metchim & Company. p. 1.
  13. ^ P. L. Cottrell (23 May 2012). Investment Banking in England 1856–1881: A Case Study of the International Financial Society. Routledge. p. 335. ISBN 978-0-415-53020-0.
  14. ^ Forrest Capie; Geoffrey Edward Wood (1871). Banking Theory, 1870-1930: The amalgamation movement in English banking 1825-1925. Taylor & Francis. pp. 33–4. ISBN 978-0-415-20165-0.
  15. ^ The Bankers' Magazine. BPC (Bankers' Magazine) Limited. 1864. p. 305.
  16. ^ James Henry Mangles; Earl A. Knies (1984). Tennyson at Aldworth: the diary of James Henry Mangles. Ohio University Press. p. 2. ISBN 978-0-8214-0724-0.
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