Sir Richard Hoare

1709 -

• Name	Richard Hoare
  Prefix	Sir
  Birth	2 Mar 1709	London, England
  Christening	27 Mar 1709	Saint Dunstan in the West, London, London, England
  Gender	Male
  Person ID	I6064	A01 England 1600 One-Name Study
  Last Modified	12 Jan 2016

  
  

  Father	Henry Hoare, 1st,   b. 21 Jul 1677, London, England d. Abt 1724 (Age 46 years)
  Mother	Jane Benson,   b. London, England of? d. 25 Jun 1741
  Marriage	19 May 1702	England
  Family ID	F2259	Group Sheet  |  Family Chart

  
  

  Family	Sarah Tulley
  Children	1. Richard Hoare,   b. Abt 1734
  Family ID	F2267	Group Sheet  |  Family Chart
  Last Modified	12 Jan 2016

  
  

• Notes

  London, England, Baptisms, Marriages and Burials, 1538-1812 Name:Richard Hoare Baptism Date:27 Mar 1709-1710 (also says he was born on the 2nd) Parish:St Dunstan in the West County:London Borough:City of London Parent(s):Henry Hoare, Jane Hoare Record Type:Baptism Register Type:Parish Register http://www.hoaresbank.co.uk/sites/default/files/styles/Feb%2014%20-%20Messrs%20Hoare%20%20Arnold_0.pdf These changes in Christopher Arnold's personal life presaged a period of change at Hoare's Bank. Richard Hoare's death in 1719 was followed three years later by that of his faithful lieutenant John Arnold. Then in March 1725 Henry Hoare died suddenly at the age of 46. After decades of stability the bank's three mainstays, who between them had invested 110 years in the business, were gone, leaving Henry's brother, 31 year old Benjamin, as the sole surviving partner. Within weeks of Henry's death a new partnership was formed between three men: Benjamin Hoare, Henry's 19 year old son, also called Henry, and the vastly experienced Christopher Arnold. At the same time Henry's younger son Richard, who had just turned 15, joined the business, Henry having requested in his will that Benjamin take the boy on as his apprentice: and if he continues to behave himself well until he attains his age of one and twenty years...take him in a partner. The exact terms settled on by the three men are unknown. But in September 1727 Christopher Arnold opened an account to record the buying and selling of Stocks on behalf of the partnership, the holding of customer Stocks (as nominee) and the lending of money against such Stocks, suggesting that he had assumed responsibility for those aspects of the business. As his father had hoped, Richard Hoare was admitted into the partnership in 1731. (Con't)