Timothy Cagnioli

Timothy Cagnioli (floruit 1540-1590) was an Italian merchant and banker in Scotland.

Cagnioli was active in Edinburgh during the Regency of Mary of Guise and the personal reign of Mary, Queen of Scots. As a merchant he supplied luxury fabrics used in costume. He was able to lend large sums of money and issue letters of credit needed by travellers abroad.

He wrote to Mary of Guise from Edinburgh in July 1552, sending three pounds weight of crimson silk, gold and silver thread, and 24 ells of golden gauze. He had ordered more gold and silver gauze to be made in Paris.[1] An account of textiles provided in 1553 includes black velvet, black satin, black damask, taffeta, silk chamlet, and more silver gauze, and crimson, gold, and silver thread. The fabrics were delivered to her at Stirling Castle and recorded in her wardrobe book.[2]

The burgh council of Edinburgh allowed him to sell whole "sticks" or lengths of silks which he had imported in September 1557, as a wholesaler, but not cut and sell fabrics to customers as free merchants or burgesses of the town could.[3]

In February 1558 he provided finance for Mary's half-brother, James Stewart, Commendator of St Andrews, to travel to Paris to complete the marriage contract of Mary and the Dauphin. Cagnioli gave letters of credit worth £6,687 Scots. His mother, Margaret Erskine, Lady of Lochleven, made a bond for repayment with the Clerk Register, James MacGill, and two Edinburgh merchants, James Adamson and James Barron.[4] At the same time Cagnioli advanced the Earl of Cassilis £6,720. Cassilis died in France and Cagnioli was still not repaid in 1586.[5]

In October 1565 he was involved in a contract for mining lead ore at Leadhills granted by Mary and Lord Darnley.[6]

James Stewart, now Regent Moray, granted him a pension of £100 yearly on 17 May 1569.[7]

References
  1. Marguerite Wood, Balcarres Papers, vol. 2 (Edinburgh, 1925), pp. lix, 119-120.
  2. Rosalind K. Marshall, 'Hir Rob Ryall: the Costume of Mary of Guise', Costume, 12:1 (1978), pp. 1-12: National Library of Scotland, Balcarres Papers 5, Adv. MS 29.2.5: National Records of Scotland E34/19.
  3. Marguerite Wood, 'Domestic Affairs of the Burgh, 1554-1589', Book of the Old Edinburgh Club, 15 (Edinburgh, 1927), p. 20.
  4. Annie I. Cameron, Scottish Correspondence of Mary of Lorraine (Edinburgh, 1927), pp. 411-3.
  5. David Masson, Register of the Privy Council of Scotland: 1585–1592, vol. 4 (Edinburgh, 1881), p. 66.
  6. Robert William Cochran-Patrick, Early Records Relating to Mining in Scotland (Edinburgh, 1878), p. 10.
  7. Gordon Donaldson, Register of the Privy Seal: 1567-1574 (Edinburgh, 1963), p. 126 no. 618.
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