David Sandeman
David George Sandeman | |
|---|---|
| Born | 1757-06-28 Perth, Scotland |
| Died | 1835-05-24 Edinburgh, Scotland |
| Occupation(s) | Entrepreneur, banker |
| Known for | Founder of Sandemans Port and Commercial Bank of Scotland |
David George Sandeman FRSE (1757–1835) was a prominent Scottish entrepreneur known for founding Sandemans Port and co-establishing the Commercial Bank of Scotland. His family adhered to the Glasite religious group, also referred to as Sandemanians.
Life
He was born on 28 June 1757 in Perth, Scotland, the son of George Sandeman of Springland and Jean Duncan of Seaside. Around 1790 or 1791, he partnered with his younger brother George Sandeman to create Sandeman's Port.
In 1798, David transitioned from the port trade to initiate the Commercial Bank of Scotland. Between 1805 and 1810, he moved to Edinburgh and set up David George Sandeman & Co at 11 Forth Street in the New Town district. The Commercial Bank initially had its offices at 22 Picardy Place, located at the top of Leith Walk. In 1835, shortly before his passing, he was inducted as a Fellow of the Royal Society of Edinburgh, with James L'Amy acting as his nominator. He died on 24 May 1835 at his residence, 4 Melville Street, in Edinburgh's West End.
Family
David married twice: his first wife was Hannah Sandeman (1765–1794), who was probably a cousin. In 1797, he wed Margaret Fraser from Dumballoch, Perth. Their daughter, Margaret Chisholm Sandeman (born 1802), passed away in Rome. Their son was David Chisholm Sandeman (1806–1852).