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England (Counties as in 1851-1901) => England => London and Middlesex => Topic started by: amh155 on Saturday 23 December 17 01:29 GMT (UK)

Title: What did a Factor do?
Post by: amh155 on Saturday 23 December 17 01:29 GMT (UK)

I have Ambrose Hall listed as a factor in the City of London in the 1700s, later a merchant, but can't find what he actually did. Any ideas greatly appreciated.
AMH

Title: Re: What did a Factor do?
Post by: solidrock on Saturday 23 December 17 01:52 GMT (UK)

https://en.wikipedia.org/wiki/Factor

Title: Re: What did a Factor do?
Post by: stanmapstone on Saturday 23 December 17 08:47 GMT (UK)

Search RootsChat for factor and you will see many post explaining. It is always a good thing to search RootsChat as most questions about occupations have been asked before.


A Factor is
One who buys and sells for another person; a mercantile agent; a commission merchant. Also in comb., as coal-, corn-, cotton-, produce-, wool-, etc. factor. A factor is distinguished from an ordinary agent or broker, in having actual possession of the goods he deals in, and trading in his own name (N.E.D.).  From the OED
http://www.rootschat.com/forum/index.php?topic=676809.msg5215925#msg5215925
Stan