Cornelius Buller

Cornelius Buller
Born(1772-03-22)22 March 1772
Died11 April 1849(1849-04-11) (aged 77)
Occupationsbanker, Governor of the Bank of England from 1824–26
Spouse
Mary Down
(m. 1801)​
Children10

Cornelius Buller (22 March 1772 – 11 April 1849) was an English banker who served as Governor of the Bank of England from 1824 to 1826.

Life

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He was the eldest son of Richard Buller of Devonshire Place, London,[1] who died in 1824 at age 91.[2]

Buller had been Deputy Governor from 1822 to 1824. He replaced John Bowden as Governor and was succeeded by John Baker Richards.[3]

Buller's tenure as Governor occurred during the Panic of 1825. In the early days of December 1825, he recused himself from efforts to save the bank Pole, Thornton & Down, leaving the issue to his deputy Richards because of his family connections to the bank.[4]

In 1831, Buller was head of R. Buller & Co. of Lothbury when it failed.[5] In the aftermath he sold his Bank of England stock, making him ineligible to continue as a director of the Bank.[6]

Buller died in Kensington in 1849.[7]

Family

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Buller, then a merchant of Crosby Square, married Mary Down, daughter of Richard Down, on 4 May 1801. The couple had seven sons and three daughters.[8][9]

Buller was from a prominent Cornish family that included Sir Richard Buller, General Sir George Buller, General Sir Redvers Buller and the Barons Churston.

See also

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References

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  1. ^ "Married". Morning Post. 7 May 1801. p. 3.
  2. ^ "Died". Sun (London). 10 January 1824. p. 4.
  3. ^ Governors of the Bank of England. Archived 2012-02-12 at the Wayback Machine Bank of England, London, 2013. Archived here. Retrieved 21 March 2016.
  4. ^ "Pole, Sir Peter, 2nd bt. (1770-1850), of Wolverton, Hants". historyofparliamentonline.org.
  5. ^ "The Funds—Stock Exchange, Saturday". The News (London). 28 March 1831. p. 4.
  6. ^ "Mercantile Failure". Preston Chronicle. 2 April 1831. p. 2.
  7. ^ England & Wales, National Probate Calendar (Index of Wills and Administrations), 1858-1966, 1973-1995
  8. ^ "Marriages". Star (London). 6 May 1801. p. 4.
  9. ^ Lodge, Edmund (1907). The peerage, baronetage, knightage & companionage of the British Empire. London: Kelly's Directories. p. 458.

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