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Richard B. Angus, circa 1891
'Richard Bladworth Angus' (
28 May,
1831 –
17 September,
1922) was a
Scottish-
Canadian financier,
banker and
philanthropist.
Early life
Angus was born and educated in
Bathgate,
West Lothian, Scotland, where as a young man he was employed by the
Manchester and Liverpool Bank. By
1857 he had secured a position with the
Bank of Montreal. He
emigrated to
North America and represented the bank in its offices in
Chicago and
New York City, prior to moving to the bank's headquarters in
Montreal,
Quebec in
1864. He rose quickly through the ranks, and by
1869 had become its
general manager, a position he was to hold until
1879.
Railway financier
Following this period, he relocated to
St. Paul,
Minnesota to represent the interests of a group of railway
entrepreneurs that had acquired the
St. Paul, Minneapolis and Manitoba Railway. This group formed the nucleus of a
syndicate including Angus,
George Stephen,
James J. Hill,
Duncan McIntyre,
John Stewart Kennedy,
Donald A. Smith and
Norman Kittson that was to subsequently oversee the construction of the
Canadian Pacific Railway. Although the construction was fraught with financial peril, the CPR, completed in
1885, was an immediate financial success and made Angus a very wealthy man.
Philanthropist and president of the Bank of Montreal
He was subsequently known for his philanthropic activities, notably his support of various Montreal hospitals and bequests to
McGill University. As a prominent
Scots-Quebecer, Angus also served as president of the
St. Andrew’s Society of Montreal.
On
July 22 1910, Angus, although already in his eighties, rejoined the
Bank of Montreal as president, a position which he held until November 1913.
He had married Mary Anne Daniels (died
March 13,
1913) on
June 13,
1857. They had three sons and six daughters.
He died in
Senneville, Quebec on
17 September 1922. His remains were interred in Montreal's
Mount Royal Cemetery.
External link
★
A biography at rootsweb.com