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Coat of Arms: Difference between revisions
→Titherington's Crimenote added by Peter Elliott
Line 34:
[[File:TitheringtonList.jpg|600px|thumb|center| The LCBA removed Titherington from its list of past presidents<ref>Cotton and the Civil War, Jim Powell</ref>.]]
In Thomas Ellisons noted book "The Cotton Trade of Great Britain: Including a History of the Liverpool Cotton Market and of the Liverpool Cotton Brokers' Association" (a standard work dating from 1886) a list of LBCA Presidents also avoids mentioning Titherington. It appears thise involved in the compiling of the list substituted the name of the Vice-President (Thomas Blackburn) instead for the year of Titherington's presidency (1856). Titherington's crime came to light at a time, just after the American Civil War (1861-65) when many Liverpool Cotton Brokers went bankrupt, but Titherington appears to have gone further, and engaged on his private account, but using the funds of others and under the names of co-consprators, in what were described in court as '''"extraordinary cotton speculations"'''. He was asked about his actual liabilities he stated that he didn't really know, but '''"thought they were not more than £100,000"'''. The North-Western Bank, who brought about his downfall, was therefore only one of his creditors
* '''"..in respect of the joint speculations of of Mr Titherington, Messrs Mozley, Mr Price Edwards, and Mr Atwool"'''<ref>Liverpool Mercury 27 May 1868</ref>
Titherington's story (and the Coat of Arms) is worth further exploration. There are some clear suggestions that he was acting as a broker for cotton speculation during the American Civil War: in 1867 Titherington, Gill & Co. had sued a certain Samuel Price Edwards who said in court that: ▼
Mozley was another bankrupt, chairman of a failed bank (Barneds) and a son of the mayor of Liverpool. Price Edwards was the Collector of Customs at Liverpool Docks and believed to have been involved in the escape of the Laird-built Confederate commerce-raider ''CSS Alabama''.
▲Titherington's story (and the Coat of Arms) is worth further exploration. There are some clear suggestions that he was acting as a broker for cotton speculation during the American Civil War: in 1867 Titherington, Gill & Co. had sued
* '''"I should think Titherington has been speculating in cotton from the earliest period of his existence as a cotton broker"'''
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