John Lloyd Bale
John Lloyd Bale | |
|---|---|
| Born | Error: Invalid birth date for calculating age London, England |
| Died | November 22, 1885 (aged 48) |
| Occupation(s) | Banker, politician |
| Years active | 1850s–1885 |
| Known for | Founder of precursor to Bank of Queensland; Member of the Queensland Legislative Assembly |
John Lloyd Bale (18 January 1837 – 22 November 1885) was an Australian banker and political figure based in Queensland. He established multiple savings institutions, notably the forerunner of the Bank of Queensland, and held office as a Member of the Queensland Legislative Assembly.
Early life
Bale was born in London as the eldest child to John and Hannah Bale. His family emigrated to Brisbane—then within the Colony of New South Wales—aboard the Chaseley, arriving on 1 May 1849. On 4 August 1855, he married Eliza Slaughter, with whom he had six children: three sons and three daughters.
Business
Initially engaged in the hardware trade, Bale experienced financial failure in 1859. Subsequently, he enhanced his standing by founding several savings organizations, including the institution that later became known as the Bank of Queensland. He held the position of chief executive until stepping down in 1884 because of declining health. His brother, Benjamin Robert Bale, then assumed leadership and remained at the helm for approximately twenty years.
Politics
From 1872 to 1884, Bale served as an Alderman on the Brisbane City Council and represented the Enoggera constituency in the Queensland Legislative Assembly between 21 August 1883 and 13 October 1885.
Later life
Bale passed away on 22 November 1885 and was laid to rest at Toowong Cemetery.