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Benjamin Charles Thomas Gray appears to have started in business in London as a West Indies merchant in about 1832. By 1846 he was already also acting as a North America merchant, and had taken his son Charles William Gray into partnership. The firm was known at this time as B.C.T. Gray and Son. By 1856 another son, Benjamin Gerrish Gray, was also a partner, and the firm was styled B.C.T. Gray and Sons. BCT Gray died in 1853, and in 1858 Benjamin Gerrish Gray resigned his partnership in favour of his brother Ambrose Gosling Wentworth Gray. The firm was then known as Charles William and Wentworth Gray until it disappeared c 1910. On Charles William Gray's death in 1880, he was succeeded in partnership by his son Lewis Gray. The firm traded successively from Upper Stamford Street; Great Surrey Street, Cornhill; Lime Street and Great St Helen's.