Thomas Wilde Powell

(Redirected from T. W. Powell)

Thomas Wilde Powell (1818–1897) was an English solicitor and stockbroker, now remembered as a patron of architects and artists.

Early life

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He was the son of James Powell, a bank clerk living in 1830 in Briggate, Leeds in Yorkshire, and his wife Christiana Wilde, daughter of Theophilus Wilde, He entered Leeds Grammar School in early 1833, where the headmaster was Joseph Holmes, and his rival Edwin Gilpin, who became Archdeacon of Nova Scotia. He left in autumn 1833, and was articled to the Leeds solicitors Atkinson, Dibb, and Bolland, working for five years under Thomas Townend Dibb.[1][2][3][4] At this period he became a Sunday school teacher for William Sinclair at St George's Church, Leeds.[5]

After his five years working for his articles were up, Powell stayed at Atkinson, Dibb, and Bolland for two further years, on a salary. In early 1842 he passed his qualification examination, and set up on his own in Albion Street, Leeds, as a solicitor. Shortly, in partnership with Frederick Heycock, he used a back room there to deal in railway shares. At the height of the Railway Mania, in 1845, on Powell's own account, Heycock found the stress too much. Powell successfully saw through the dealings on his own, and bought Heycock out.[6] He is recorded in 1846 as a solicitor living in Headingley Terrace, Leeds.[7] In 1847 he was still in practice at Albion Court.[1]

Closing down his stockbroking business, Powell spent some time in 1849 with family at Holme Lodge in Swaledale, a few miles from Thirsk. He started to be approached by activist investors. A group from Leeds asked him to implement change in a London gas company. Charles Swainson wanted him to restrain his son-in-law Ralph Ward Jackson in the development of West Hartlepool: but from a base at Seaton Carew he concluded that Jackson was "beyond my control (or anyone else's)."[8]

London stockbroker

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Marriage in 1852 brought Powell into the London stockbrokers Marten & Heseltine. He became senior partner there in 1872, when they traded as Heseltine, Powell & Co.[9]

Powell and Edward Heseltine, a founding partner, dealt particularly in American railroad bonds and shares. John Postle Heseltine, son of Edward, was a junior partner.[10][11] They supported bond issues for the New York and Erie Rail Road, Baltimore and Ohio Railroad (1873) and Pennsylvania Railroad (1876).[12] In relation to the Marietta and Cincinnati Railroad, they put British representatives on the board.[13]

When the Reading Railroad's financial troubles came to a head in 1880, Powell corresponded with Franklin B. Gowen, on behalf of the committee of London bondholders chaired by Lord Cairns.[14] The series of letters with Powell in Philadelphia was published shortly. Powell was acting largely for McCalmont Brothers & Co. of London, who had acquired a controlling interest the Railroad, and had fallen out with Gowen in mid-1880, leading to his temporary departure.[15][16] Discussions between Gowen and Powell foundered on the composition of an American committee, on which Gowen wished to have a number of the Railroad's current board. Powell brought up matters of outside dealings of Adolph E. Borie, and his brother-in-law H. Pratt McKean, and Gowen was unable to accept the imputations of dishonesty in these supporters.[17]

With other bankers and financiers, Heseltine, Powell & Co. acquired natural resources in the industrialising West Virginia.[18] It has been commented that its activities came close in some cases to that of merchant banker.[19]

Later life

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Powell was a major shareholder in the Western Australian Land Company. He travelled to Western Australia in 1889. He had bought there the Eastwood Estate, of 5,000 acres (2,000 ha) near Lakeside (now Ellerker), west of Albany. He also acquired another large tract of land.[20] Powell had imported two steam ploughs on SS Nairnshire, and set them to work on his estate in November 1889.[21][22] They were manufactured by John Fowler & Co. of Leeds. They were unskillfully employed, however, and the crops failed to yield.[23]

At his death, the estate of Thomas Wilde Powell was valued at £195,508.[24]

Art and architecture

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Influenced by John Postle Heseltine, Powell began to collect fine art.[25] He also commissioned a number of buildings:

Family

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Powell married in 1852 Mary Elizabeth Marten (1826–1871), daughter of Charles Marten (1797–1851) and his wife Hannah Watson (1798–1881), daughter of Joseph Watson of Highbury.[29] Charles W. Marten was a founder of Marten & Heseltine in 1848, with Edward Heseltine, and Powell had used the company as London agents from his days in Leeds.[11][30]

Their children were:

Notes

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  1. ^ a b Wilson, Edmund (1906). Leeds Grammar School Admission Books, from 1820 to 1900. [J. Whitehead and son]. p. 42.
  2. ^ Willis, Rosamond E. (1903). Family memoir; being some account of T. W. Powell and his wife M. E. Powell and of their ancestors. London. pp. 8–10.
  3. ^ Taylor, Richard Vickerman (1865). The Biographia Leodiensis: Or, Biographical Sketches of the Worthies of Leeds and Neighbourhood, from the Norman Conquest to the Present Time. Simpkin, Marshall, & Company. p. 454.
  4. ^ "Gilpin, Edwin (GLPN836E)". A Cambridge Alumni Database. University of Cambridge.
  5. ^ Willis, Rosamond E. (1903). Family memoir; being some account of T. W. Powell and his wife M. E. Powell and of their ancestors. London. p. 11.
  6. ^ Willis, Rosamond E. (1903). Family memoir; being some account of T. W. Powell and his wife M. E. Powell and of their ancestors. London. pp. 13–15.
  7. ^ House of Lords (1846). Accounts and Papers. p. 233.
  8. ^ Willis, Rosamond E. (1903). Family memoir; being some account of T. W. Powell and his wife M. E. Powell and of their ancestors. London. pp. 15-16.
  9. ^ Lago, Mary (1996). Christiana Herringham and the Edwardian Art Scene. University of Missouri Press. pp. 9-12. ISBN 978-0-8262-1024-1.
  10. ^ Lago, Mary (1996). Christiana Herringham and the Edwardian Art Scene. University of Missouri Press. p. 13. ISBN 978-0-8262-1024-1.
  11. ^ a b "Heseltine Powell and Company". aim25.com.
  12. ^ Poole, Andrea Geddes (2010). Stewards of the Nation's Art: Contested Cultural Authority, 1890-1939. University of Toronto Press. p. 237 note 19. ISBN 978-0-8020-9960-0.
  13. ^ Wilkins, Mira (1989). The History of Foreign Investment in the United States to 1914. Harvard University Press. p. 490. ISBN 978-0-674-39666-1.
  14. ^ The Railway World. United States Railroad and Mining Register Company. 1880. p. 1114.
  15. ^ Gowen, Franklin Benjamin; Harris, Joseph S. Report of Joseph S. Harris (1880). Statement of the present condition of the Philadelphia & Reading Railroad Co. and the Philadelphia & Reading Coal and Iron Co. : with plan for their financial re-organization. Philadelphia : Jackson Bros., Printers. pp. 1.
  16. ^ Churella, Albert J. (2012). The Pennsylvania Railroad, Volume 1: Building an Empire, 1846-1917. University of Pennsylvania Press. p. 502. ISBN 978-0-8122-0762-0.
  17. ^ Schlegel, Marvin W. (1947). Ruler Of The Reading. Harrisburg: Archives Publishing Company of Pennsylvania, Inc. p. 205.
  18. ^ Trotter, Joe William (1990). Coal, Class, and Color: Blacks in Southern West Virginia, 1915-32. University of Illinois Press. p. 14. ISBN 978-0-252-06119-6.
  19. ^ Wilkins, Mira (1989). The History of Foreign Investment in the United States to 1914. Harvard University Press. p. 875 note 3. ISBN 978-0-674-39666-1.
  20. ^ s:The Coming Colony/Chapter 6
  21. ^ "THE STEAM PLOUGHS FOR MR. POWELL'S ESTATES". Western Mail (Perth, WA : 1885 - 1954). 26 October 1889. p. 16.
  22. ^ "MR. POWELL'S STEAM PLOUGHS". Western Mail (Perth, WA : 1885 - 1954). 23 November 1889. p. 16.
  23. ^ Quick, Graeme R. (2006). Australian Tractors: Indigenous Tractors and Self-propelled Machines in Rural Australia. Rosenberg Publishing. p. 24. ISBN 978-1-877058-39-4.
  24. ^ Routledge, Edmund (1898). Book of the year 1897; a chronicle of the times and a record of events. London : Routledge. p. 108.
  25. ^ Mary Lago, Christiana Herringham and the National Art Collections Fund, The Burlington Magazine Vol. 135, No. 1080 (Mar., 1993), pp. 202–211, at p. 202. Published by: Burlington Magazine Publications Ltd. JSTOR 885486
  26. ^ Saint, Andrew (2010). Richard Norman Shaw. Yale University Press for the Paul Mellon Centre for Studies in British Art. p. 440. ISBN 978-0-300-15526-6.
  27. ^ "Hitherbury House, Guildford, by Richard Norman Shaw". www.victorianweb.org.
  28. ^ a b Whyte, William. "Turner, Hugh Thackeray". Oxford Dictionary of National Biography (online ed.). Oxford University Press. doi:10.1093/ref:odnb/64099. (Subscription or UK public library membership required.)
  29. ^ Howard, Joseph Jackson; Crisp, Frederick Arthur (1893). Visitation of England and Wales. [London] : Priv. printed. pp. 59-60.
  30. ^ Lago, Mary; Herringham, Lady Christiana Jane Powell (1996). Christiana Herringham and the Edwardian Art Scene. University of Missouri Press. p. 9. ISBN 978-0-8262-1024-1.
  31. ^ Lago, Mary. "Herringham, Christiana Jane, Lady Herringham (1852–1929)". Oxford Dictionary of National Biography (online ed.). Oxford University Press. doi:10.1093/ref:odnb/64758. (Subscription or UK public library membership required.)
  32. ^ Gillman, Peter; Gillman, Leni (2001). Wildest Dream: The Biography of George Mallory. The Mountaineers Books. p. 22. ISBN 978-1-59485-473-6.
  33. ^ Corpus Christi College, Oxford (1988). Biographical Register 1880-1974. The College. p. 57. ISBN 978-0-9512844-0-7.
  34. ^ Foster, Joseph (1888–1892). "Powell, Charles Marten" . Alumni Oxonienses: the Members of the University of Oxford, 1715–1886. Oxford: Parker and Co – via Wikisource.
  35. ^ Uppingham School Roll, 1824 to 1905. E. Stanford. 1906. p. 117.
  36. ^ Foster, Joseph (1888–1892). "Powell, Thomas Edmund" . Alumni Oxonienses: the Members of the University of Oxford, 1715–1886. Oxford: Parker and Co – via Wikisource.
  37. ^ s:The Times/1945/Public notice/Eleanor Grace Powell
  38. ^ Census data added to s:Author talk:Eleanor Grace Powell
  39. ^ "University Intelligence". Oxfordshire Weekly News. 21 July 1886.
  40. ^ Adams, Pauline (1996). Somerville for Women: An Oxford College, 1879-1993. Oxford University Press. p. 26. ISBN 978-0-19-920179-2.
  41. ^ Farnell, Vera (1948). A Somervillian Looks Back. Privately printed at the University Press. p. 14.
  42. ^ The New Palgrave Dictionary of Economics. Springer. 2016. p. 851. ISBN 978-1-349-58802-2.
  43. ^ s:Author:Eleanor Grace Powell
  44. ^ Madden, Kirsten Kara; Seiz, Janet A.; Pujol, Michèle A. (2004). A Bibliography of Female Economic Thought to 1940. Psychology Press. p. 423. ISBN 978-0-415-23817-5.
  45. ^ The Lancet. J. Onwhyn. 1894. p. 117.
  46. ^ Uppingham School Roll, 1824 to 1905. E. Stanford. 1906. p. 167.
  47. ^ Foster, Joseph (1888–1892). "Powell, Herbert Andrews" . Alumni Oxonienses: the Members of the University of Oxford, 1715–1886. Oxford: Parker and Co – via Wikisource.
  48. ^ Lago, Mary; Herringham, Lady Christiana Jane Powell (1996). Christiana Herringham and the Edwardian Art Scene. University of Missouri Press. pp. 22-23. ISBN 978-0-8262-1024-1.
  49. ^ Agnes Margaret Dixon on Lives of the First World War
  50. ^ "Dixon, Charles Wolryche (DKSN883CW)". A Cambridge Alumni Database. University of Cambridge.
  51. ^ "SGC Class of '69". www.sgcclassof69.com.
  52. ^ Dixon, Agnes Margaret (1917). The canteeners. J. Murray.
  53. ^ Woman's Leader. 1921. p. 14.
  54. ^ "Theodora Wilde Powell (1871-1920)". Exploring Surrey's Past.
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