Regency Women of Character: Ann Alexander

In The Times City of London Number dated November 8th 1927 there appears a sketch of the banking family of Alexanders William Alexander was the founder and was joined in partnership with John Rickman till 1810 On his death in 1819 aged 50 the widow Ann Alexander became head of the firm It is believed that this is the only case in which a woman has been senior partner in a firm doing business in the City of London The firm was Ann Alexander & Company until the partnership of the eldest son George William Alexander who was succeeded by his sons and descendants The firm is now Alexanders Discount Company Limited Lombard Street There are portraits of Ann Alexander d 1861 87 and George William Alexander banker and philanthropist d 1890 88 as a young man The Journal of the Friends’ Historical Society (1927)

In 1801, Ann Barber of Eckington married William Alexander, and they began their life in London.  Ann was a milliner when she met her husband, a Quaker and bank clerk.  The couple would go on to have nine children, with William rising to partner at the firm of John Rickman and Co. as a bill broker.  In 1810, he set up his own business at 33 Lombard Street as Alexander and Co.

In 1819, after a fall from a coach William developed a ten week illness that would result in his untimely death.  Ann became the principal of the business, changing the name to A.M. Alexander and working with the assistance of Richard Payne until her son George William Alexander came of age to join the firm.  It was then called A. and G.W Alexander around 1824.

Like a boss, Anne took two thirds the profit from 1823-1828.  Following some changes in the market, and her son making partner in 1828, Anne nonetheless was able to retire in 1838 with £1000 a year.

She would die in 1861, with the company making millions by the time of her death.

Phillpott, M.  The Alexander Family’s Discount Company.  Journal of School of Advanced Studies.  https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwjYgp6o9aL-AhWNIjQIHUEMB_YQFnoECC4QAQ&url=https%3A%2F%2Fjournals.sas.ac.uk%2Ffhs%2Farticle%2FviewFile%2F4588%2F4540&usg=AOvVaw3q5QwRdvZuLU3vp-vnobpd

 

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