David Yule
Encyclopedia
Sir David Yule, 1st Baronet (4 August 1858 – 3 July 1928) was a Scottish businessman. He was born in Edinburgh
and spent most of his life in India
.
David Yule joined Andrew Yule and Company Ltd.
, which was begun by his uncle, Andrew. His uncle, George Yule, was a president of the Indian National Congress
. Its business was to produce tea, jute
and paper in India and export them to Britain
. This is now a publicly traded company, with 97.46% ownership by the Government of India.
In 1919 David Yule and Thomas Catto, 1st Baron Catto
formed Yule Catto and Company Ltd, which is now known as Yule Catto & Co plc and is listed on the London Stock Exchange
.
Among his other business interests were directorships of Midland Bank, Mercantile Bank of India, Vickers Ltd., the Royal Exchange Assurance Company and ownership of the Daily Chronicle
newspaper.
In 1900 he married Annie Henrietta, eldest daughter of his uncle Andrew Yule of Calcutta, India
. They had one child, a daughter called Gladys Yule (1903–1957).
b
He was knight
ed by King George V
in India in 1911 and created a Baronet, of Hugli River in Calcutta, in 1922.
In 1925, he constructed Hanstead House
in Bricket Wood
, Hertfordshire
. It is now a training facility for HSBC bank.
Edinburgh
Edinburgh is the capital city of Scotland, the second largest city in Scotland, and the eighth most populous in the United Kingdom. The City of Edinburgh Council governs one of Scotland's 32 local government council areas. The council area includes urban Edinburgh and a rural area...
and spent most of his life in India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
.
David Yule joined Andrew Yule and Company Ltd.
Andrew Yule and Company Ltd.
Andrew Yule & Co. Ltd. is an Indian manufacturing and industrial conglomerate, primarily owned by the Indian Government. It is the main company owned by the Yule Group. It is currently headquartered in Kolkata , and has offices in the main Indian cities...
, which was begun by his uncle, Andrew. His uncle, George Yule, was a president of the Indian National Congress
Indian National Congress
The Indian National Congress is one of the two major political parties in India, the other being the Bharatiya Janata Party. It is the largest and one of the oldest democratic political parties in the world. The party's modern liberal platform is largely considered center-left in the Indian...
. Its business was to produce tea, jute
Jute
Jute is a long, soft, shiny vegetable fibre that can be spun into coarse, strong threads. It is produced from plants in the genus Corchorus, which has been classified in the family Tiliaceae, or more recently in Malvaceae....
and paper in India and export them to Britain
United Kingdom of Great Britain and Ireland
The United Kingdom of Great Britain and Ireland was the formal name of the United Kingdom during the period when what is now the Republic of Ireland formed a part of it....
. This is now a publicly traded company, with 97.46% ownership by the Government of India.
In 1919 David Yule and Thomas Catto, 1st Baron Catto
Thomas Catto, 1st Baron Catto
Thomas Sivewright Catto, 1st Baron Catto CBE PC was a Scottish businessman and later Governor of the Bank of England.-Early life and education:Catto was born in Newcastle upon Tyne, to William and Isabella Catto...
formed Yule Catto and Company Ltd, which is now known as Yule Catto & Co plc and is listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
.
Among his other business interests were directorships of Midland Bank, Mercantile Bank of India, Vickers Ltd., the Royal Exchange Assurance Company and ownership of the Daily Chronicle
Daily Chronicle
The Daily Chronicle was a British newspaper that was published from 1872 to 1930 when it merged with the Daily News to become the News Chronicle.-History:...
newspaper.
In 1900 he married Annie Henrietta, eldest daughter of his uncle Andrew Yule of Calcutta, India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
. They had one child, a daughter called Gladys Yule (1903–1957).
b
He was knight
Knight
A knight was a member of a class of lower nobility in the High Middle Ages.By the Late Middle Ages, the rank had become associated with the ideals of chivalry, a code of conduct for the perfect courtly Christian warrior....
ed by King George V
George V of the United Kingdom
George V was King of the United Kingdom and the British Dominions, and Emperor of India, from 6 May 1910 through the First World War until his death in 1936....
in India in 1911 and created a Baronet, of Hugli River in Calcutta, in 1922.
In 1925, he constructed Hanstead House
Hanstead House
Hanstead House is a Georgian-style country house estate near Bricket Wood in Hertfordshire, England. It was built in 1925.- The Yule family :Sir David Yule who made his at home at Hanstead House off Smug Oak Lane, just outside the village...
in Bricket Wood
Bricket Wood
Bricket Wood is a village in the county of Hertfordshire, England, approximately 4½ miles from St Albans. It is part of the parish of St Stephen. Its railway station is served by a London Midland service that runs between St Albans Abbey and Watford Junction stations.Close to the village stands...
, Hertfordshire
Hertfordshire
Hertfordshire is a ceremonial and non-metropolitan county in the East region of England. The county town is Hertford.The county is one of the Home Counties and lies inland, bordered by Greater London , Buckinghamshire , Bedfordshire , Cambridgeshire and...
. It is now a training facility for HSBC bank.