David Robertson, 1st Baron Marjoribanks

Wikipedia Biographical Summary

David Robertson, 1st Baron Marjoribanks (2 April 1797 – 19 June 1873), was a Scottish stockbroker and politician.

Background

Born David Marjoribanks, he was the fourth son of Sir John Marjoribanks, 1st Baronet, MP and Lord Provost of Edinburgh. He was descended from Joseph Marjoribanks, a wine and fish merchant in Edinburgh who died in 1635 and is thought to have been the grandson of Thomas Marjoribanks of Ratho, head of the lowland clan Marjoribanks. He changed his name to Robertson when he married in order to keep his wife's money and property.

Career

Robertson worked for a stockbroking firm specialising in Mexican bonds. He eventually served as Member of Parliament for Berwickshire as a member of the Liberal party from 1859 to 1873, the former parliamentary constituency of his brother Charles Marjoribanks. He was also Lord Lieutenant of Berwickshire between 1860 and 1873. The latter year he was elevated to the peerage as Baron Marjoribanks, of Ladykirk in the County of Berwick, choosing the original family surname for the title.

Family

Lord Marjoribanks died after being knocked down by a horse-drawn bus outside his club in Newcastle in June 1873, aged 76, only a few days after his elevation to the peerage. His sons had predeceased him and his title consequently became extinct. He is buried at Ladykirk and his family mausoleum is nearby at Coldstream. In 2012, Ladykirk still remained in the possession of a descendent in the female line.

SOURCE: Wikipedia contributors, 'David Robertson, 1st Baron Marjoribanks', Wikipedia, The Free Encyclopedia, 29 October 2013, 22:14 UTC, <http://en.wikipedia.org/w/index.php?title=David_Robertson,_1st_Baro...> [accessed 6 November 2013]

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• Reference: MyHeritage Family Trees - SmartCopy: Mar 6 2017, 9:57:22 UTC

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Charles, went into the city and became a London stockbroker, a profession to which his very precise mind was well attuned (in later life he was dismissed as a “dry old stick”). He specialized in Mexican bonds and, after reclaiming Berwickshire for the Liberals in 1859, his financial expertise was much valued by the party leadership.