Percy Chapman Smith was born on 21 Feb 1859, the eldest son of Charles Henry Smith (1827-1904) and his wife Miriam Dowle (c.1828-1911). He was educated at the Launceston Church Grammar School. After working for Dalgety and Co. Ltd for a few years, he returned to Launceston and joined his father's firm, Chas Smith and Co. Percy became managing director in 1900 and remained in that position until his retirement in 1927. Percy married Charlotte Mary Barnard on 18 Sep 1909. They lived at 'Eversley', 64 Mayne Street, Invermay, and in 1922 moved to a new home at 23 High Street.
As a young man Percy was a fine athlete. He was one of the first people in Launceston to own a motor car. From 1904 he became the consular agent for Italy. He was the director of several companies. Percy died on 15 Jun 1931 aged 72. His wife Mary died on 21 Apr 1968. See The Examiner 19 May 2007, page 45.