Benjamin Boyd (1801-1851) a Scottish entrepreneur, a major shipowner, banker, grazier, politician and slaver, in NSW. By 1824 Boyd was a stockbroker in London. He had asked for certain privileges for land at various ports he intended to establish. In 1839 Boyd had floated the Royal Bank of Australia, and debentures of this bank to the amount of £200,000 were sold. This sum was eventually taken by Boyd to Australia as the bank's representative. The bank never carried out more than cursory banking operations. Instead, its funds were fraudulently used to finance Boyd's pastoral, shipping and whaling activities. The bank was liquidated in 1846 with heavy losses by shareholders. Sir George Gipps in 1844 mentioned Boyd was one of the largest squatters in the country, with 14 stations in the "Maneroo" district and four in the Port Phillip district, amounting together to 381,000 acres of land. Large sums of money were spent on founding the port of Boydtown. Come venture with me on the whale trail (36km one way)...
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