Raine and Horne

Property: It’s in Our DNA passengers who disembarked from Raine’s first voyage as Captain “cheered repeatedly and expressed the liveliest gratitude for their good treatment” . A man of vision, by 1822 Captain Raine could see the immense commercial possibilities of the fledgling colony of Sydney, where even the basic necessities of life had to be imported. Together with Dr David Ramsay, the Surry’s former surgeon, Captain Raine established Raine & Ramsay – an import/export business. Captain Raine’s energy, quick mind and personal charisma saw Raine & Ramsay enjoy rapid success, and Captain Thomas Raine rose quickly to positions of prominence – a Director of the Bank of New South Wales (now Westpac), a member of the Sydney Chamber of Commerce, and a prominent supporter of a variety of Sydney’s benevolent and sporting institutions. Acknowledging his contribution to the flourishing colony, the Governor Major General Sir Thomas Makdougall Brisbane granted Raine a 2,000 acre parcel of land on the Fish River at Bathurst. Rounding off a stellar period, Captain Raine met and married Eleanor Worsley – a woman of great beauty in the colony, and in 1827 their first child Edmund was born. Current Executive Chairman Angus’ first name is Edmund in honour of Captain Raine’s eldest child. Good times rarely last forever, and an economic downturn in the colony saw a significant tightening of credit, putting Raine & Ramsay’s capital-intensive business under immense financial pressure. In 1828 the partnership dissolved and by the following New Year, in 1829, Captain Raine was declared bankrupt. Above: Raine family’s ancestral home, Rainham, in Bathurst, Central Tablelands, New South Wales. Below left: Rainham’s front door. Opposite above left: Jospeh Horne: Raine & Horne co-founder, a guiding force behind our success. Opposite above right: July 4, 1923: Deposit secured for renowned Cooper Estate lot acquisition. Opposite middle: Raine & Horne’s inaugural HQ: Wentworth Court, Sydney, from 23 May, 1883. A historic milestone. The enterprising Raine refused to be defeated, and he turned his attention to his Bathurst landholding. He commissioned an impressive homestead – Rainham, constructed in 1832, and went on to become a successful wheat and dairy farmer, using his improved financial position to gradually clear his debts. Captain Raine’s time in Bathurst was pivotal. Not only did Rainham form the Raine family’s first connections with regional Australia—which more than a century later would culminate in the launch of Raine & Horne Rural—it was also here Thomas Raine formed a strong friendship, and later business partnership, with the explorer William Charles Wentworth, another Bathurst pastoralist. When Captain Raine died in 1860 at age 67, he could not have foreseen how this connection would be so pivotal to Raine & Horne’s future success. The enterprising Raine refused to be defeated, and he turned his attention to his Bathurst landholding. He commissioned an impressive homestead – Rainham, constructed in 1832 24

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