Overstone

Overstone, Samuel J. L., Baron (1796-1883), financier, banker, and millionaire, was the son of Lewis Loyd. After his education at Eton and Trinity College, Cambridge, he entered his father's bank. From 1819 to 1826 he represented Hythe in Parliament, and in 1850 he was made a peer. He wrote tracts upon the Bank of England, and his tract upon the Currency Question had great influence upon the provisions of the Bank Charter Act of 1844. Lord Overstone was greatly opposed to the principle of limited liability.