LOYD, LEWIS (1767-1858), banker

Born 1 January 1767 at Cwm-y-to, in the parish of Llanwrda, Carmarthenshire. At a school conducted by David Price, at Llan-y-crwys, near Lampeter, he acquired liberal views of Christian truth and, in 1785, entered the Presbyterian Academy of 'Carmarthen,' situated at that time at Swansea, completing his course in 1789. In the same year, his hope of a tutorship being disappointed by the election of David Peter, he entered Manchester Unitarian College where, in his second year, he was appointed assistant tutor in the classics. At about the same time he took charge of the congregation at Lob Lane, near Manchester. On his marriage he was persuaded by his brothers-in-law, Samuel and William Jones, to abandon the ministry and to become a partner in their banking business. This new career of life closed with an accumulated wealth of millions sterling. He founded the London branch of Jones, Loyd and Co., afterwards incorporated in the London and Westminster Bank. The Overstone estate in Northamptonshire was one of his first great purchases, and in 1835 he served the office of high sheriff for that county. He continued in the management of the banking firm at Lothbury until 1846 when he retired to his seat at Overstone, where he died 13 May, 1858.

His only son, SAMUEL JONES (Loyd ?) (1796 - 1883), who succeeded to the banking business, sat in Parliament as Liberal member for Hythe, from 1819-26 and was created baron Overstone in 1850. He left one daughter who married Robert James Loyd-Lindsay, afterwards lord Wantage.

Author

• Reverend Professor John Oliver Stephens, (1880 - 1957)

Sources

• Oxford Dictionary of National Biography
• Josiah Thomas Jones, Geiriadur Bywgraffyddol o Enwogion Cymru (Aberdâr 1867-70), ii, 217
• Christian Reformer, 1858, 414 ff., 602 ff

Published date: 1959

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