Career
Raeburn was a shipping magnate who founded in 1873 a shipping company called Raeburn & Dunn, with Captain Dunn. John Verel replaced Dunn in 1880 and the company was subsequently renamed Raeburn & Verel. By 1900 the company operated around 12 steamers, travelling to ports from Europe to America and he Far East.
Monarch Lincolnshire.
In 1902 Raeburn and Verel formed the Monarch Steamship Company Limited. Raeburn was an important figure in the shipping industry in the West of Scotland and contributed to some of the shipping legislation which passed, including the Merchant Shipping Acting and the Workmen"s Compensation Acting 1906. At the 1918 general election, Raeburn was nominated as the Unionist Party candidate for the Dunbartonshire.
On 29 June 1923, he was made a baronet, of Helensburgh.
