*** Welcome to piglix ***

Dent & Co.

Dent & Co.
Dent & Co's Hong.jpg
Dent building, c. 1858
Traditional Chinese 寶順洋行
Simplified Chinese 宝顺洋行
Alternative Chinese name
Traditional Chinese 顛地洋行
Simplified Chinese 颠地洋行

Dent & Co. or Dent's, was one of the wealthiest British merchant firms, or Hongs, active in China during the 19th century. A direct rival to Jardine, Matheson & Co, together with Russell & Co., these three companies are recognised as the original Canton Hongs active in early Colonial Hong Kong.

Former East India Company supercargo George Baring (1781–1854), son of Sir Francis Baring, 1st Baronet of the eponymous banking family founded the firm later to become Dent & Co in 1809. After the firm ordered its supercargos to stop trading in opium, William Davidson joined the firm, becoming sole partner between 1813–1820. In that year Thomas Dent came on board and he in turn brought in Robert Hugh Inglis, who had connections with the East India Company, of which his father and uncle were both directors. A relation of Thomas, Lancelot Dent joined his brother in the firm in 1827. Thomas Dent arrived in Canton in 1823 to join Davidson & Co as a partner. When Davidson left in 1824, the company changed its name to "Dent & Co.".

Lancelot succeeded Thomas as the senior partner when his brother departed the company in 1831. Lin Zexu's warrant for the arrest of Lancelot Dent in 1839 to force him to hand over his store of opium was the opening shot of the First Opium War.

Thomas Chaye Beale joined the firm as a partner in 1845 whereupon it became Dent, Beale & Co. It once again became Dent & Co. upon Beale's departure in 1857.

In 1841 Dent moved its headquarters to Victoria, where it was one of the first companies in Hong Kong to purchase land in what was to become known as Central District. Dent was one of the very first traders to open offices when Shanghai opened to foreign trade in 1843 following the First Opium War. The firm built offices there at 14, The Bund, and became involved in the international silk and tea trade, having divested their (now) criminal shares in Opium to their associates in Boston, Massacheusetts, out of reach of the English Justice.


...
Wikipedia

...