Sir George Clark, 1st Baronet
George Smith Clark | |
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Born |
Paisley, Scotland | 8 November 1861
Died |
23 March 1935 73) Belfast, Northern Ireland | (aged
Resting place | Belfast City Cemetery |
Alma mater | Merchiston Castle School |
Occupation | Shipbuilder |
Years active | 1877–1935 |
Religion | Church of Scotland |
Partner(s) | Frances Elizabeth Matier |
Children |
Sir George Clark, 2nd Baronet (1882–1950) Henry Douglas Clark (1889–1952) |
Sir George Smith Clark, 1st Baronet DL (8 November 1861 – 23 March 1935) was a businessman and politician in Northern Ireland. George S. Clark was born in Paisley, Scotland the second son of thread manufacturer James Clark, and Jane Smith; both his parents were Scottish Presbyterians.
Early life
Clark was educated at Merchiston Castle School, Edinburgh. He was apprenticed to Harland and Wolff in Belfast and, in 1877, opened his own shipyard on the river Lagan with Frank Workman. Clark's mother's brother, George Smith, was able to provide capital for this initial venture. In 1891 the firm became Workman, Clark & Co. Ltd. Charles Allan (a cousin of Clark's and a member of the Allan Line family also joined the firm). By 1902 the shipyard was 50 acres (200,000 m2).
Workman Clark & Co: Rise and fall
During the war the shipyard concentrated on Admiralty work and it was for this that, in 1917, Clark received the Baronetcy of Dunlambert;[1] his firm now employed 10,000 men and some women. In 1920 the firm was taken over by the Northumberland Shipping Company the company's fortunes, however, did not remain good. A debenture loan for £3 million was floated, professedly to advance the enterprises of Workman Clark in Belfast. Instead the proceeds were used partly to compensate its former shareholders, and partly to purchase the shares of other companies which the Northumberland Shipping Company had acquired.
By 1927 the company was all but bankrupt. As a consequence the directors of the company, including Sir George were sued on the grounds that their 1920 prospectus was fraudulent. At the Northern Ireland Court of Appeal the directors lost their case; the case reached the House of Lords as Clark & Ors. v Urquhart v. Urquhart [1930] AC 28 The firm finally closed in 1935.
Personal life
In 1881 Clark married Frances Matier, and became a director of her family's linen firm; Henry Matier & Co. The couple had two sons.
A leading Belfast Unionist
In a 1907 by-election he became Member of Parliament for North Belfast, retiring in 1910 to devote more attention to his business affairs. In 1913 the Workman Clark shipyard had assisted the UVF with the Larne gun running campaign encouraged by Sir Edward Carson. In 1925 Clark became a Unionist Senator in the Northern Ireland parliament. He remained in this position until his death at his home, Dunlambert, Fortwilliam Park, Belfast, on 23 March 1935. He also served as a Deputy Lieutenant and director of the Bank of Ireland.
Death and legacy
He was buried on 26 March in Belfast City Cemetery. The virtues of company law are such that despite the ruin of Workman, Clark & Co. Ltd. Sir George died a millionaire.
Upon his death his son, Sir George Clark, 2nd Baronet, succeeded to the baronetcy; he was a Cambridge-educated naval architect and soldier (d. 1950).
References
- ↑ The London Gazette: no. 30224. p. 8130. 10 August 1917.
Bibliography
Parliament of the United Kingdom | ||
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Preceded by Sir Daniel Dixon, Bt |
Member of Parliament for Belfast North 1907 – January 1910 |
Succeeded by Robert Thompson |