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Peter Burrell MP, 16921756 (aged 64 years)

Peter Burrell's memorial at Holy Trinity Church, Cuckfield, West Sussex, England.
Name
Peter /Burrell/ MP
Surname
Burrell
Given names
Peter
Name suffix
MP
Family with parents
father
St. George's Church, Beckenham, Kent, England.
16491718
Birth: 3 January 1649 49 Cuckfield, Sussex, England
Death: 13 September 1718Beckenham, London Borough of Bromley, London, England
himself
Peter Burrell's memorial at Holy Trinity Church, Cuckfield, West Sussex, England.
16921756
Birth: 1692 42 Beckenham, London Borough of Bromley, London, England
Death: 16 April 1756England
Peter Burrell MP + … …
himself
Peter Burrell's memorial at Holy Trinity Church, Cuckfield, West Sussex, England.
16921756
Birth: 1692 42 Beckenham, London Borough of Bromley, London, England
Death: 16 April 1756England
son
Peter Burrell's memorial at Holy Trinity Church, Cuckfield, West Sussex, England.
17241775
Birth: 27 August 1724 32 Beckenham, London Borough of Bromley, London, England
Death: 6 November 1775England
8 years
son
Sir William Burrell, 2nd Baronet Raymond of Valentines (1789), MP
17321796
Birth: 10 October 1732 40 City of London, London, England
Death: 20 January 1796Dorking, Surrey, England
Birth
Address: Langley Park, Beckenham, Kent, England.
Education
Death of a father
Address: Langley Park, Beckenham, Kent, England.
Occupation
Sherriff of Kent.
1721
Occupation
Mp for Haslemere.
1722
Occupation
Director.
1724
INDI:OCCU:CORP: The South Sea Company.
Birth of a son
Address: Langley Park, Beckenham, Kent, England.
Occupation
Director.
1726
INDI:OCCU:CORP: Royal Exchange Assurance Company.
Birth of a son
Address: Leadenhall Street, City of London, London, England.
Baptism of a son
Address: St Peter upon Cornhill, City of London, London, England.
Occupation
MP for Dover.
1755
Occupation
Sub-Governor (the Governor being the reigning monarch).
between 1736 and 15 April 1756
INDI:OCCU:CORP: The South Sea Company.
Note: The Governor of The South Sea Company at the time Peter became Sub-Governor was the King of Great Britain and Ireland, Elector of Hanover (1727-1760), George II von Hannover.
Death
16 April 1756 (aged 64 years)
Last change
11 March 202306:41:35
Author of last change: Danny
Occupation

The Governor of The South Sea Company at the time Peter became Sub-Governor was the King of Great Britain and Ireland, Elector of Hanover (1727-1760), George II von Hannover.

Note

Founded in 1561 by members of the Worshipful Company of Merchant Taylors, Merchant Taylors' School (MTS) is one of the original nine English public schools. The site of the original school was a manor house called the Manor of the Rose in theparish of St. Lawrence Pountney, in the City of London. It was moved to Charterhouse Square in 1875 and moved again in 1933, to Sandy Lodge in the north London suburb of Northwood.

Peter inherited the Kent and Sussex lands, and portugese business (Burrell and Bristow, the largest English firm in Lisbon) from his father. By 1723 and with other purchases, the estate in Kent consisted of around 589 acres and was within ten miles of the City of London. In 1723, he bought back the family lands (over 1000 acres) that had passed to Jane Short.

Whilst enjoying a successful term as Sub-Governor of The South Sea Company (1736-1756), Burrell and Bristow, the family firm, suffered losses from which it never recovered after an earthquake in 1755. Peter's heir, Sir William Burrell, impliedthat the consequence of the earthquake hastened his demise. Horace Walpole, 4th Earl of Orford and cousin of Lord Nelson, referred to him as 'a broken merchant'.

Formed in 1711 and granted exclusive trading rights in Spanish South America, The South Sea Company did not undertake a trading voyage until 1717. Although stocks were traded for £1000, the company made little actual profit. Panic sellingensued and the stocks were reduced to nothing by the later half of 1720. The economic bubble that occurred through overheated speculation in the South Sea Company's shares led to the name “South Sea Bubble”. The business, after beingrestructured, continued to trade until 1850.

Written on the memorial at Holy Trinity Church:

Sacred to the memory of Peter Burrell of Beckenham in Kent Esq., who died 16/04/1756 and was there buried. He married Amy, elder daughter of Hugh Raymond of Saling Hall in Essex, and Langley in Kent Esq. By whom he had 4 sons and 2 daughters. Peter and William survived him. Amelia married Tobias Frere Esq., died without issue. Raymond, Isabella and John died young. He was eldest son of Peter Burrell (9th son of Walter Burrell of Holmstead) by Isabella, 2nd daughter of John MerrikEsq., of Stubbers in North Ockenden, Essex. By whom he had also Sir Merrik Burrell of West Grinstead Place in this county Bt.

Frances married Richard Wyatt of Egham in Surrey.
Isabella married Thomas Dallison of Hamtons in Kent.
Ann married Richard Acland of Devonshire.

Four sons and one daughter died infants. He died 13/09/1718 aged 69 and was buried at Beckenham, where he settled 1684.

A handsome monument of veined marble, with a medallion, can be seen in the north aisle of St. George's Church, Beckenham, Kent.