John Taylor (manufacturer)

John I Taylor (1704-1775), portrait by unknown artist
Arms of Taylor: Argent guttée-de-poix, on a chief indented sable a pale between two escallops of the first charged with an escallop of the second[1]

John I Taylor (1711–1775)[2] of Bordesley Hall near Birmingham (then a small town in Warwickshire), was an English manufacturer and banker. He served as High Sheriff of Warwickshire in 1756–7.

Origins

John I Taylor was the eldest son and heir of Jonathan Taylor (d.1733) of Bordesley by his wife Rebecca Kettle.[3]

Career

Taylor became a cabinet maker in Birmingham. There he set up a factory in what is now Union Street to manufacturer "Brummagem toys", such as buttons, buckles, snuff boxes and jewellery boxes. He eventually employed 500 people and became one of Birmingham's leading industrialists. The output of buttons from his works was estimated at £800 per week. Taylor invested the profits of his business in local land and property, buying Sheldon Hall in 1752 and Moseley Hall and the manor of Yardley in 1768, and eventually owned about 2,000 acres. In 1765, in partnership with his neighbour, the Quaker iron merchant Sampson Lloyd II (1699-1779) (who in 1742 purchased as his country residence the estate of "Farm" within the manor of Bordesley), Taylor founded Taylor and Lloyd's Bank in Dale End, Birmingham, which eventually grew into Lloyds Banking Group, one of the largest banks in the United Kingdom. [4]

Marriage & progeny

In 1734 Taylor married Mary Baker, by whom he had progeny including:[5]

1788 pair of portraits by Thomas Gainsborough of left: John II Taylor (1738-1814), Museum of Fine Arts, Boston; right his wife Sarah Skey "Mrs John Taylor", National Gallery of Art, Washington

Death and legacy

He died in 1775 and was buried in a vault in St Philip's Parish Church, Birmingham, built in 1711 on land donated in 1710 by Robert Philip. James Watt commented that at his death Taylor was worth some £200,000. He was succeeded by his son John II Taylor (1738-1814), who rebuilt Moseley Hall and was High Sheriff in 1786. Both Bordesley Hall and Moseley Hall were later burnt down by mobs during the Priestley riots of 1791 but were subsequently rebuilt.

References

  1. Burke's Genealogical and Heraldic History of the Landed Gentry, 15th Edition, ed. Pirie-Gordon, H., London, 1937, p.2212
  2. Date of birth 1711 per Burke's Genealogical and Heraldic History of the Landed Gentry, 15th Edition, ed. Pirie-Gordon, H., London, 1937, pp.2211-2, Pedigree of Taylor of Strensham
  3. Burke's Genealogical and Heraldic History of the Landed Gentry, 15th Edition, ed. Pirie-Gordon, H., London, 1937, pp.2211-2, Pedigree of Taylor of Strensham
  4. "The beginnings of Lloyd's Bank". British Banking History Society. Retrieved 17 September 2013.
  5. Burke's Genealogical and Heraldic History of the Landed Gentry, 15th Edition, ed. Pirie-Gordon, H., London, 1937, pp.2211-2, Pedigree of Taylor of Strensham
  6. http://www.mfa.org/collections/object/john-taylor-1738%E2%80%931814-32185
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