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In 1822, he set up in Canton as a free merchant and later, in 1828, joined the established firm of Magniac & Co, [14] which was the forerunner to Jardine Matheson & Co. James Matheson was born in 1796 in the far north of mainland Scotland and also attended Edinburgh University.
William Jardine and James Matheson, the firm's founders 1846 view of Jardine's original building from Causeway Bay, Hong Kong.. The firm of Jardine, Matheson & Company emerged in 1832 from an evolving process of partnership changes in the trading business Cox & Reid, a partnership established in 1782 between John Cox and John Reid, the latter having been agent of the Austrian trading company ...
For tax purposes, Matheson & Co. was a subsidiary of Jardine Matheson. In practice, the proprietors in Scotland made the decisions and transmitted them to Hong Kong through the London office. [13] As London grew as an international financial hub, in the 1960s Matheson & Co. expanded their merchant banking operations. [14]
In 1912, Jardine, Matheson & Co. and the Keswicks would eventually buy out the shares of the Matheson family in the firm although the name is still retained. The company was managed by several of Jardine's family members and their descendants throughout the decades, including the Keswicks, Buchanan-Jardines, Landales, Bell-Irvings, Patersons ...
The founder of the dynasty, William Keswick was born in 1834, in Dumfriesshire in the Scottish Lowlands.His grandmother, Jean Jardine Johnstone was an older sister of Dr. William Jardine, the founder of Jardine Matheson & Company His father Thomas Keswick had married Margaret Johnstone, Jardine's niece and daughter of Jean, and entered the Jardine business.
Lo Cheung-shiu (羅長肇, 1867–1934) – Compradore of Jardine, Matheson & Co. Lo Man-kam (羅文錦, 1893–1959) – Solicitor, founder of Lo and Lo law firm, [11] member of the Executive and Legislative Councils of Hong Kong, married to Victoria Hotung, daughter of Robert Ho Tung
After an extensive search for a senior partner, Hollingworth settled on Jardine, [7] [8] whose business reputation was already well known throughout Asia. Magniac and Jardine also invited James Matheson to join the firm. [9] Magniac returned to England in 1828 with the firm in the hands of two of the most talented traders in Asia.
He arrived in the Far East in 1870 and remained there for 26 years. He became a partner of the Messrs Jardine, Matheson & co. and taipan of the firm from the 1890s. He founded Hongkong Land together with his close associate Sir Paul Chater. This was a development company established in 1889 which remained closely associated with Jardine Matheson.