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Encyclopedia Britannica



PETO, SIR SAMUEL MORTON, BART

This article appears in Volume V21, Page 309 of the Encyclopedia Britannica.

Encyclopedia Britannica - Main :: PER-PIG
PETO, SIR SAMUEL MORTON, BART . (18091889),
English
  contractor, was born at Woking, Surrey, on the 4th of August 1809, and was at an early age apprenticed to his uncle, a London builder, who on his death in 1830 bequeathed the business to Peto and another nephew,
Thomas
  Grissell. The partnership between Peto and Grissell lasted till 1846, amongst the many London buildings erected by the firm being the Reform Club, the Lyceum and St James's theatres, and the Nelson column. Peto afterwards entered into partnership with
Edward
  Ladd Betts (18151872), and between 1846 and 1872 Messrs Peto & Betts carried out many large railway contracts at
home
  and abroad, notably the more important portions of the
South
 -Eastern and of the London Chatham & Dover lines, and, in conjunction with
Thomas
  Brassey, the Grand Trunk railway of Canada, and the London Tilbury & Southend railway. In 18541855 Peto and Brassey constructed a railway in the Crimea between Balaclava and the British entrenchments before Sebastopol, charging the British government only the actual out-of-pocket expenses, and for his services in this matter Peto was in 1855 made a
baronet
 . Peto entered
parliament
  as a Liberal in 1847, and, with a few years'
interval
 , continued there till 1868, when, his firm having been compelled to suspend payment in the
financial
  crisis of 1866, he was forced to resign his seat, though both Mr Disraeli and Mr Gladstone publicly eulogized his personal character. He died on the 13th of November 1889.


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