George Carr Glyn, 1st Baron Wolverton (27 March 1797 – 24 July 1873) was a banker with interests in the railways, a partner in the family firm of Glyn, Mills & Co., which was reputed to be the largest private bank in London.
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Background
He was the fourth son of Sir Richard Glyn, 1st Baronet, also a banker, and former Lord Mayor of London. His mother was the daughter of John Plumptre of Nottingham. The Wolvertons lived at the manor house in Iwerne Minster, two miles south of Fontmell, in Dorset. They also owned Gaunts House, Wimborne.
Business career
Glyn and his bank were important in the development of the railways - hence the link with Wolverton. By the 1850s, over 200 railway companies, both domestic and foreign, banked with Glyn, Mills, and Co. In 1836 Glyn became Chairman of the North Midland Railway, and in 1837 the second Chairman of the London and Birmingham Railway. In 1841 he resigned his Chairmanship of the North Midland, but remained a director. In 1842, he founded the Railway Clearing House, an organization that helped determine payments by companies that operated trains to the many different companies that owned connecting tracks. In 1846, when the London and North Western Railway was formed, he was its Chairman until 1852. Glyn's bank served as one of the London agents for the provincial government of Canada, and in 1852 he was a promoter of the Grand Trunk Railway. He was the first President of The Railway Benevolent Society, upon its creation, at a meeting at the London Tavern, on 8 May 1858. George presided at this meeting and gave a speech outlining his aims for this society: The first aim was to benefit the widow and orphan. The second aim was to educate the child. A resolution was carried unanimously, at that meeting, stating that the society should be called the Railway Benevolent Institution.