Andrew Grote

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Andrew Grote (born April 25, 1710 in Bremen , † December 8, 1788 in London ), born Andreas Grote , was a German-British merchant and banker .

origin

Andrew Grote was born as Andreas Grote in Bremen in 1710 . He was one of the fifteen children of the Bremen merchant Otto Grote (* 1673) and his wife Gesche Müllershausen. His brother Wilhelm Grote (1707–1772) took over the trading house in Bremen and his son Otto expanded the business to Amsterdam . Through his cousin Wilhelm Grote (1698–1772), Andrew Grote is related to the German-Baltic noble family von Grote .

Merchant in London

With a little capital he went to London in 1731 to establish himself as a businessman. He settled in Leadenhall Street and founded the trading company Kruger & Grote with Paul Kruger, a merchant from Hamburg. Despite his German origins, Grote was "in every respect the representative of the English merchant of that time" . Known for his pragmatic views, he wrote, for example, to his son Joseph, who was staying with relatives in Bremen in 1765, "I hope you don't go to drinking clubs or the company of idle, worthless people whom you should avoid like the plague, but always go with them Men of standing who can make you better. "

banker

Together with George Prescott, William Culverden and John Hollingworth, Grote founded the Bank Prescott, Grote, Culverden & Hollingworth in 1766 . The fact that Grote differentiated spatially and institutionally between his trading and banking business was a new approach at the time. The partners raised £ 30,000 in capital to set up the bank. The main building of the bank was on Threadneedle Street in London, near the Bank of England . While Culverden and Hollingworth had little part in the business, the control of the bank was mainly in the hands of Grote and Prescott. Andrew Grote remained a partner in the bank until his death. At this point his son Joseph Grote had already become a partner. The family remained connected to the bank until 1891. In 1903 the bank became part of the Union of London & Smith Bank and in 1918 the National Provincial Bank. Today's successor is the National Westminster Bank .

family

In 1745 Andrew Grote married Ann Smith († 1757) from Oxfordshire and had a son with her:

  • Joseph Grote († 1815), died unmarried

After the death of his first wife in 1760, Grote married Mary Ann Culverden (* 1740, † 1787), 30 years his junior, the sister of his business partner William Culverden. They had three sons and six daughters, including:

  • Frances Grote (1760–1833), married Francis Gregory, Esq. of Styvechall
  • George Grote (1762-1830), married Selina Peckwell (1775-1845) and was the father of George Grote
  • Charlotte Grote (1763-1825), married Admiral Charles Stirling (1760-1833), an uncle of the Australian gourmet James Stirling
  • Caroline Grote (1773-1817)
  • Laetitia Grote, died unmarried
  • Marianne Grote
  • Andrew Grote, died young
  • William Grote

Andrew Grote died in Blackheath in 1788 and was buried in the church of which he had been a member and elder, the Dutch Church at Austin Friars in London. Two of the family's paintings by Daniel Gardner were sold through Christie's auction house for £ 40,000 and £ 75,000 in 2019 .

Individual evidence

  1. ↑ a b c d e f g h RBS Heritage Club: Andrew Grote. , accessed on August 24, 2019
  2. ^ A b John Richard Gibbins: John Grote, Cambridge University and the Development of Victorian Thought . Andrews UK Limited, Exeter 2007.
  3. ↑ Citizens' Book of the City of Bremen, Volume 1599–1642
  4. ↑ George Grote : A History of Greece . Routledge, Oxfordshire 2001, pp. 161 ff .
  5. ↑ Margrit Schulte Beerbühl: German merchants in London: World Trade and Naturalization (1660 to 1818) . R. Oldenbourg Verlag, Munich 2007, p. 161 ff .
  6. ^ RBS Heritage Club: Prescott's Bank Ltd. , accessed on August 24, 2019
  7. ^ RBS Heritage Club: Union of London & Smiths Bank Ltd. , accessed on August 24, 2019
  8. ^ RBS Heritage Club: National Provincial Bank Ltd. , accessed on August 24, 2019
  9. ^ A b c d John Burke: A Genealogic and Heraldic History of the Commoners of Great Britain and Ireland . tape 1 . London 1833, p. 609 .
  10. ^ John William Linzee, The Lindeseie and Limesi families of Great Britain: including the probates at Somerset house, London, England, of all the spellings of the name Lindeseie from 1300 to 1800 . tape 2 . The Fort Hill Press, 1917, pp. 718 .
  11. ↑ a b c d e Christie’s : The fortune teller: four children of Andrew Grote, Frances (1760-1833), George (1762-1830), Charlotte (1763-1787), and Caroline (1773-1817). , accessed on August 24, 2019
  12. ^ Leaper Group: Stirling Family Tree. , accessed on August 24, 2019
  13. ↑ a b c MutualArt: Andrew Grote (1710-1788) with wife Mary Anne Culverdon (1740-1797) and children, William and Marianne, with their spaniel. , accessed on August 24, 2019
personal data
SURNAME Grote, Andrew
ALTERNATIVE NAMES Grote, Andreas
BRIEF DESCRIPTION German-British merchant and banker
DATE OF BIRTH April 25, 1710
PLACE OF BIRTH Bremen
DATE OF DEATH December 8, 1788
Place of death London