Coldstream Ventures was formed by descendants of the Marjoribanks family (pronounced “Marchbanks”). The family moved to Coldstream in 1754 when Edward Marjoribanks inherited the estate of Lees. His eldest son, Sir John Marjoribanks, 1st Bt (see picture above), started his career as a Captain in the Coldstream Guards, became Lord Provost of Edinburgh and was MP for Buteshire from 1812-1818 and for Berwickshire from 1818-1826. His 4 brothers were also prominent men in their own right – Campbell was chairman of the East India Company three times, Stewart owned a shipping company and was MP for Hythe, Edward became senior partner in Coutts’ Bank and James became a judge in the East India Company’s administration of India. Today, Sir John’s great, great, great, great, great grandchildren are involved in Coldstream Ventures.

In 1833 Sir John’s younger son, Charles Marjoribanks, won his father’s old constituency and sat as a Liberal MP, but died within a year. The imposing monument which stands at the East end of Coldstream is of “Charlie” standing on a column raised by his friends in 1834 to commemorate him. The inscription on the monument describes him as a man of “high talents, amiable qualities and political principles“.

Charlie’s younger brother David was Lord Lieutenant of Berwickshire from 1860-1873 and won back the Berwickshire seat sitting as an MP from 1859-1873 before being elevated to the peerage as Baron Marjoribanks.

Their first cousin Sir Dudley Coutts Marjoribanks was also politically active and held the adjoining seat of Berwick-upon-Tweed as a Liberal from 1853-1865 and 1874-81, a total of 18 years, before moving to the House of Lords as Baron Tweedmouth. Among other things, he was also largely responsible for developing the then new breed of dog, the golden retriever. His son, Edward Marjoribanks, 2nd Baron Tweedmouth KT PC, was also MP for Berwickshire from 1880-1894, so between 1818-1894 the Marjoribanks family dominated Berwickshire politics and held a seat in parliament for 57 years between them.

Sir John’s baronetcy passed to his son Sir William Marjoribanks, 2nd Bt, and then in turn to Sir William’s two sons, John and William.
Sir John Marjoribanks, 3rd Bt continued the family tradition of civic duty and investment as Deputy Lord Lieutenant of Berwickshire and a Magistrate for Northumberland and by helping to fund the new Coldstream waterworks in 1852, which is remembered on his memorial by the parish Church.
Sir William Marjoribanks, 4th Bt, inherited the baronetcy when his elder brother pre-deceased him childless, but it became extinct on his death, although the Marjoribanks line continued through their sister, Mary Marjoribanks Egerton.
Today, Coldstream Ventures’ ethos is to continue their spirit of investing in and supporting local communities.

