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Bunting, John
1839-1923

Cotton mill owner and sharebroker, he was born on 28 December 1839 at Stockport, grew up in Crewe and settled in Oldham after his father's death in 1853. As a blacksmith and engineer he became familiar with the local industrial machinery and when he had established himself as a leading mill owner this enabled him to build and equip much improved mills. Meanwhile in the 1870s he had begun to deal in shares and in 1880 became a founder member of the Lancashire Shareholders' Association. In 1884 he developed as a company promoter and director and from 1910 became known for rescuing ailing companies and making them profitable, while offering record dividends to investors. A staunch Conservative and committed Primitive Methodist (with his membership at Henshaw Street PM chapel, Oldham), his own lifestyle remained frugal and he was a generous PM supporter and a keen temperance advocate. He died on 22 February 1923.

Sources

  • Times, 27 February & 28 March 1923
  • Primitive Methodist Leader, 1 March 1923
  • Oxford DNB

Category: Person

Occupations

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