Walter Gibson (Lord Provost)
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Walter Gibson (c. 1635–1723) was a 17th century Scottish merchant who served as Lord Provost of Glasgow in 1688. He was joint owner of three ships including the Carolina Merchant which transported a group of Covenanters to Charleston in 1684.
He was the eldest son of John Gibson of Overnewton, a mansion in Glasgow.[1]
Walter initially traded as a "maltster" (brewer) then operated a herring boat. He organised an interesting barter involving a Dutch ship which transported 3600 barrels of herring to France in exchange for 3600 barrels of brandy plus 3600 crowns. This lucrative deal set him on a new path. He began importing iron (the first importation in Scotland). He then invested in the "great company of Virginie and the Carribby Islands" (Virginia Company?) and began transatlantic trading. He operated three ships and mainly traded with Sweden and Spain. On at least one occasion he took Scottish settlers to America in 1683 (the East Jersey settlement?).[2]
In July 1684, he was co-owner with his younger brother Baillie James Gibson of the ship Carolina Merchant moored at Gourock bay (see below).
Walter Gibson was the last Lord Provost to be chosen by the Bishop of Glasgow as this practice terminated with the Glorious Revolution of 1688. Under the revised system fellow Burgesses elected the Provost. Under this new system Gibson did not serve the standard two year term and was replaced by John Anderson III in February 1689.[3][4]
Sadly Gibson fell on troubled times and his bankruptcy of 1691 not only ruined his reputation but resulted in his imprisonment. He died in relative poverty in 1723.[3]
Gibson had built a large and very beautiful tenement (c.1680) on the Saltmarket in Glasgow centre, known as "Gibson's Land". It gave its name to the adjacent alley, Gibson's Wynd, which was later widened to create Princes Street. The building stood on an arcade with 18 columns and 17 arches and displayed the different architectural orders on each floor.[5] By 1810 Gibson's Land was in a poor state of repair and was being used as a brothel. It was demolished and redeveloped in 1823.