Charles Edward Mangles

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

Life

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

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

Notes
  1. Pamela Statham-Drew (June 2003). James Stirling: admiral and founding governor of Western Australia. University of Western Australia Press. pp. 46–7.
  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.
  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.
  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.
gollark: No you don't.
gollark: Yes you are, actually, when I win.
gollark: We're just executing phases.
gollark: I already wrote mine, so meh.
gollark: Oh, that was a decoy phase.
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