Baron Margadale

Baron Margadale, of Islay in the County of Argyll, is a title in the Peerage of the United Kingdom.

As of 2017[update], the title is held by his grandson, the third baron, who succeeded his father in 2003.

Lord Margadale is the most junior of Britain's hereditary peers.

James Morrison, great-grandfather of the first Baron, was a Hampshire innkeeper's son who became the greatest textile wholesaler in England and a prominent merchant banker.

James's son Charles Morrison continued in the same lines of business, and left £10.9 million in 1909, which was the largest British estate for probate purposes up to that time.