Entered iron business in Philadelphia in connection with his uncle Thomas Yorke. Represented Philadelphia County in the Pennsylvania Assembly (1775-77). Captain of a Continental rifle regiment (1776); raised five companies and helped finance them. Entertained George Washington at his mansion at Pottsgrove (later Pottstown) and perhaps encouraged Washington to winter Continental troops on his brothers’ lands at Valley Forge. Later pioneered development of Pennsylvania coal industry. Represented Chester County in the Pennsylvania Assembly (1783-85).
Son of John and Ruth (Savage) Potts of Colebrookedale, Berks County, Pennsylvania. Brother of Dr. Jonathan Potts. Married Anna Nutt.