Robert Nivison, 1st Baron Glendyne
Encyclopedia
Robert Nivison, 1st Baron Glendyne (3 July 1849–14 June 1930) was a Scottish
stockbroker.
Nivison was the son of John Nivison, a colliery manager of Sanquhar
in Dumfriesshire
. At the age of fifteen he joined the local branch of the British Linen Bank
as a junior clerk. In 1869 he joined the London and Westminster Bank, later moving to the head office in London
. In 1881 he switched careers, becoming a junior partner of the stockbrokers T. P. Baptie, becoming a member of the London Stock Exchange
in 1883. In 1886 he established his own firm, R. Nivison & Co. It became a very successful business, especially after 1891, when it began to act as stockbroker to the governments of the Dominion
s.
For his services to the British and Dominion governments Nivison was created a Baronet
in 1914 and raised to the peerage as Baron Glendyne
, of Sanquhar in the County of Dumfries, in the 1922 New Year Honours.
Lord Glendyne married Jane, daughter of John Wightman, of Sanquhar
, Dumfriesshire
, in 1877. He died in June 1930, aged 80, and was succeeded in his titles by his son John.
Scotland
Scotland is a country that is part of the United Kingdom. Occupying the northern third of the island of Great Britain, it shares a border with England to the south and is bounded by the North Sea to the east, the Atlantic Ocean to the north and west, and the North Channel and Irish Sea to the...
stockbroker.
Nivison was the son of John Nivison, a colliery manager of Sanquhar
Sanquhar
Sanquhar is a town on the River Nith in Dumfries and Galloway, Scotland. It lies north of Thornhill and west of Moffat. It is a Royal Burgh.Sanquhar is notable for its tiny post office , claimed to be the oldest working post office in the world...
in Dumfriesshire
Dumfriesshire
Dumfriesshire or the County of Dumfries is a registration county of Scotland. The lieutenancy area of Dumfries has similar boundaries.Until 1975 it was a county. Its county town was Dumfries...
. At the age of fifteen he joined the local branch of the British Linen Bank
British Linen Bank
The British Linen Bank was a commercial bank based in Edinburgh, Scotland. It was acquired by the Bank of Scotland in 1969 and served as the Bank's merchant bank arm from 1977 until 1999.-Foundation:...
as a junior clerk. In 1869 he joined the London and Westminster Bank, later moving to the head office in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
. In 1881 he switched careers, becoming a junior partner of the stockbrokers T. P. Baptie, becoming a member of 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...
in 1883. In 1886 he established his own firm, R. Nivison & Co. It became a very successful business, especially after 1891, when it began to act as stockbroker to the governments of the Dominion
Dominion
A dominion, often Dominion, refers to one of a group of autonomous polities that were nominally under British sovereignty, constituting the British Empire and British Commonwealth, beginning in the latter part of the 19th century. They have included Canada, Australia, New Zealand, Newfoundland,...
s.
For his services to the British and Dominion governments Nivison was created a Baronet
Baronet
A baronet or the rare female equivalent, a baronetess , is the holder of a hereditary baronetcy awarded by the British Crown...
in 1914 and raised to the peerage as Baron Glendyne
Baron Glendyne
Baron Glendyne, of Sanquhar in the County of Dumfries, is a title in the Peerage of the United Kingdom. It was created in 1922 for the businessman Sir Robert Nivison, 1st Baronet. He was a senior partner in the firm of R. Nivison and Co, stockbrokers. Nivison had already been created a Baronet in...
, of Sanquhar in the County of Dumfries, in the 1922 New Year Honours.
Lord Glendyne married Jane, daughter of John Wightman, of Sanquhar
Sanquhar
Sanquhar is a town on the River Nith in Dumfries and Galloway, Scotland. It lies north of Thornhill and west of Moffat. It is a Royal Burgh.Sanquhar is notable for its tiny post office , claimed to be the oldest working post office in the world...
, Dumfriesshire
Dumfriesshire
Dumfriesshire or the County of Dumfries is a registration county of Scotland. The lieutenancy area of Dumfries has similar boundaries.Until 1975 it was a county. Its county town was Dumfries...
, in 1877. He died in June 1930, aged 80, and was succeeded in his titles by his son John.