Charles Edward Mangles
English businessman and Member of Parliament
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Charles Edward Mangles (1798–1874) was an English businessman and Member of Parliament.
Life
Mangles was a son of James Mangles.[1]: 46–47 He was employed as a naval officer by the East India Company, a midshipman in 1811, becoming a commander in 1827 on the Marchioness of Ely.[2] In 1831 he left the service of the East India Company, in order to marry, and joined his elder brother Frederick, who had taken over their father's business, as a partner.[1]: 236 In the following decade Mangles & Co. became an East India agency.[3] The private bank Mangles, Keen & Co. was operating in Epsom in 1838.[4]
Mangles acquired the Poyle Park estate near Farnham, Surrey, by purchase, under the terms of the will of his father.[5] He was an unsuccessful parliamentary candidate for Southampton in 1841.[6] That year, he was a director of the London and Blackwall Railway.[7] Active in promoting the Victoria Dock for London by Act of Parliament (1850), he worked with Edward Ladd Betts, Samuel Morton Peto, and another banker, J. P. Kennard.[8] He became chairman of Royal Mail Steam Packet in 1856.[9] In 1857 he was elected to Parliament as member for Newport, Isle of Wight.[1]: 524 Shortly afterwards he became chairman of the London and South Western Railway Company.[10]
In 1864 the West Surrey private bank, C. E. Mangles & Co., dating back to 1836, was converted into the public South Eastern Banking Company; Mangles joined the new board. It expanded and changed name, taking over a Ramsgate bank, and being known as the Counties Joint Stock Bank and English Joint-Stock Bank. It did not survive the Panic of 1866, however. Charles Bradlaugh brought an action against the English Joint-Stock Bank, for unpaid commission.[11][12][13]