Joseph Sebag & Company
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Joseph Sebag & Company was a prominent stockbroking firm on the London Stock Exchange.
The firm was founded in the second half of 19th century by Sir Joseph Sebag-Montefiore in the City of London. His sons Arthur M. Sebag-Montefiore (1853–1895) and Edmund Sebag-Montefiore was (1869–1929) followed him into the firm. In 1886 the partnership had consisted of Joseph, his son, Arthur and Charles Hermann Feiling. It was in that year that Joseph Sebag withdrew from the firm. At the time its offices were at 14 Throgmorton Street.
The senior partner in the 1920s was, Charles Edward Sebag-Montefiore (1884–1960; the son of Arthur), and then Charles’s son Denzil Sebag-Montefiore (1914–1996) joined the firm from Cambridge in 1934. Up until the First World War, the firm had almost solely serviced Jewish clients, but in the post-war boom it expanded its clientele and focus, adding Establishment figures as partners.
Sir Edward Goschen (1876–1933), formerly Controller of the Secretariat at the Egyptian Ministry of Finance, was made a partner in 1924.[citation needed]
One of the new partners in the inter-war period was Arthur James, a great-nephew of the Duke of Wellington. At the time once of its main dealers was E.H. Burgess Smith who provided the firm with stature in the market in mining shares. [1] Burgess Smith and Samuel Cann were made partners during the Second World War. [2]
Sir John Gilmour was a senior partner from 1950 until 1964 when he turned it into one of the top three or four corporate brokers. [3]
Each partner had the right to nominate a son to succeed him in the partnership. [4]