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David Torrance (banker)
David Torrance (1805 – January 29, 1876) was a Canadian merchant, shipper, and president of the Bank of Montreal. Early life Torrance was born in 1805 in New York City, the son of James Torrance. His father was one of five Torrance brothers who emigrated to Canada from Lanarkshire, Scotland, early in the 19th century. His uncles, Thomas Torrance (1776–1826) and John Torrance (1786–1870), settled at Montreal as wholesale and retail grocers and winesellers. His father James went to Kingston, Upper Canada, as agent for the family. Career Around 1821, Torrance came to Montreal to work for his uncle at John Torrance and Co. In 1833, Torrance became a partner in the business of his uncle (and father-in-law), John Torrance and Co. When his uncle John Torrance retired in 1853, the firm became David Torrance and Co., with Thomas Cramp and later his own son, John Torrance (1835–1908) as partners. With Cramp and another son, George William Torrance, he formed a second partn ...
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New York City
New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive with a respective county. The city is the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the United States by both population and urban area. New York is a global center of finance and commerce, culture, technology, entertainment and media, academics, and scientific output, the arts and fashion, and, as home to the headquarters of the United Nations, international diplomacy. With an estimated population in 2024 of 8,478,072 distributed over , the city is the most densely populated major city in the United States. New York City has more than double the population of Los Angeles, the nation's second-most populous city.
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High School Of Montreal
The High School of Montreal was an English-language high school founded in 1843, serving Montreal, Quebec, Canada, in the area eventually known as the Golden Square Mile. It was less formally known as Montreal High School and from 1853 to 1870 was called the High School of McGill College, or the High School Division. Founded as a school for boys only, girls were first admitted in 1875, although to a separate division called the High School for Girls, and a new building shared by both was opened in 1878. In its last century, the school took children from the first to the twelfth grades. In 1915, after occupying several different sites, the school moved into a new neoclassical building on University Street, near the campus of McGill University. Girls and boys were taught in separate wings of the building and were also apart for school sports, but came together for some activities. The two divisions were united into a single school in 1965. The school closed in June 1979, largely as ...
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19th-century Canadian Businesspeople
The 19th century began on 1 January 1801 (represented by the Roman numerals MDCCCI), and ended on 31 December 1900 (MCM). It was the 9th century of the 2nd millennium. It was characterized by vast social upheaval. Slavery was abolished in much of Europe and the Americas. The First Industrial Revolution, though it began in the late 18th century, expanded beyond its British homeland for the first time during the 19th century, particularly remaking the economies and societies of the Low Countries, France, the Rhineland, Northern Italy, and the Northeastern United States. A few decades later, the Second Industrial Revolution led to ever more massive urbanization and much higher levels of productivity, profit, and prosperity, a pattern that continued into the 20th century. The Catholic Church, in response to the growing influence and power of modernism, secularism and materialism, formed the First Vatican Council in the late 19th century to deal with such problems and confirm ce ...
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Montreal Annexation Manifesto Signers
Montreal is the List of towns in Quebec, largest city in the Provinces and territories of Canada, province of Quebec, the List of the largest municipalities in Canada by population, second-largest in Canada, and the List of North American cities by population, ninth-largest in North America. It was founded in 1642 as ''Fort Ville-Marie, Ville-Marie'', or "City of Mary", and is now named after Mount Royal, the triple-peaked mountain around which the early settlement was built. The city is centred on the Island of Montreal and a few, much smaller, peripheral islands, the largest of which is Île Bizard. The city is east of the national capital, Ottawa, and southwest of the provincial capital, Quebec City. the city had a population of 1,762,949, and a Census geographic units of Canada#Census metropolitan areas, metropolitan population of 4,291,732, making it the List of census metropolitan areas and agglomerations in Canada, second-largest metropolitan area in Canada. French l ...
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Canadian Methodists
Canadians () are people identified with the country of Canada. This connection may be residential, legal, historical or cultural. For most Canadians, many (or all) of these connections exist and are collectively the source of their being ''Canadian''. Canada is a multilingual and multicultural society home to people of groups of many different ethnic, religious, and national origins, with the majority of the population made up of Old World immigrants and their descendants. Following the initial period of French and then the much larger British colonization, different waves (or peaks) of immigration and settlement of non-indigenous peoples took place over the course of nearly two centuries and continue today. Elements of Indigenous, French, British, and more recent immigrant customs, languages, and religions have combined to form the culture of Canada, and thus a Canadian identity and Canadian values. Canada has also been strongly influenced by its linguistic, geographic, a ...
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Bank Of Montreal Presidents
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancie ...
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1876 Deaths
Events January * January 1 ** The Reichsbank opens in Berlin. ** The Bass Brewery Red Triangle becomes the world's first registered trademark symbol. *January 27 – The Northampton Bank robbery occurs in Massachusetts. February * February 2 ** The National League (baseball), National League of Professional Base Ball Clubs is formed at a meeting in Chicago; it replaces the National Association of Professional Base Ball Players. Morgan Bulkeley of the Hartford Dark Blues is selected as the league's first president. ** Third Carlist War (Spain): Battle of Montejurra – The new commander General Fernando Primo de Rivera marches on the remaining Carlist stronghold at Estella-Lizarra, Estella, where he meets a force of about 1,600 men under General Carlos Calderón, at nearby Montejurra. After a courageous and costly defence, Calderón is forced to withdraw. * February 14 – Alexander Graham Bell applies for a U.S. patent for the telephone, as does Elisha Gray. * Februa ...
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1805 Births
After thirteen years the First French Empire abolished the French Republican Calendar in favour of the Gregorian calendar. Events January–March * January 11 – The Michigan Territory is created. * February 7 – King Anouvong becomes ruler of Vientiane on the death of his brother Inthavong. * February 15 – The Harmony Society is officially formed as a Christian community in Harmony, Pennsylvania. * March 1 – Justice Samuel Chase is Impeachment of Samuel Chase, acquitted of impeachment charges by the United States Senate. * March 5 – The New Brunswick Legislature passes a bill to advance literacy in the province, which eventually leads to the creation of public education in Canada. April–June * April 7 – Ludwig van Beethoven, Beethoven's Symphony No. 3 (Beethoven), Symphony No. 3, ''Eroica'', has its public premiere at the Theater an der Wien in Vienna under his baton. * April 27 – Battle of Derne: United States Marines and Berbers attack the Tripoli, Lib ...
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George Stephen, 1st Baron Mount Stephen
George Stephen, 1st Baron Mount Stephen, (5 June 1829 – 29 November 1921), known as Sir George Stephen, Bt, between 1886 and 1891, was a Canadian businessman. Originally from Scotland, he made his fame in Montreal and was the first Canadian to be elevated to the Peerage of the United Kingdom. He was the financial genius behind the creation of the Canadian Pacific Railway. He was President of the Bank of Montreal and is remembered as one of the greatest philanthropists of his time: he built a new wing at the Montreal General Hospital, donated generously to various hospitals in Scotland and gave over £1.3 million to the Prince of Wales Hospital Fund in London, working closely with George V. He and his first cousin, Lord Strathcona, purchased the land and then each gave $1 million to the City of Montreal to construct and maintain the Royal Victoria Hospital. His home in Montreal's Golden Square Mile later became the Mount Stephen Club. In 1888, he retired to England, living ...
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Edwin Henry King
Edwin Henry King (December 1828 – April 14, 1896) was a Canadian banker. Born in Ireland, King emigrated to Canada in 1850. He joined the Bank of Montreal in 1857, became general manager at age 35. He held the manager position from 1863 to 1869 and was president of the bank from 1869 to 1873, the youngest person to hold that position. King was ruthless in his promotion of the Bank of Montreal and was described as "a little god who dares to treat the representatives of all other banks" in an insulting manner, a "truculent and uncompromising" fellow, and "very peculiar." He moved the bank into the professional realm, focusing on commercial credit. His personality and business practices angered many Toronto capitalists leading one of the bank's directors, Senator William McMaster, to found the Canadian Bank of Commerce. Taking advantage of the instability caused by the American Civil War The American Civil War (April 12, 1861May 26, 1865; also known by Names of th ...
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Montreal Annexation Manifesto
The Montreal Annexation Manifesto was a political document dated September 14, 1849, and signed in Montreal, Canada East, calling for the Province of Canada's annexation by the United States. The manifesto was published in two versions (October 11, 1849, and December 1849) by the ''Annexation Association'', an alliance of 325 Montreal businessmen. Most of these were English-speaking Conservative Party of Canada (historical), Tories, who were opposed to United Kingdom, Britain's abolition of the Corn Laws, which ended preferential colonial trade, and by its consent to the Rebellion Losses Bill, and French Canadian nationalists (including Louis-Joseph Papineau) who supported the republican system of government in the United States. These businessmen believed that so long as Canada was under British rule, it would be subjected to the interests of elements of Britain's aristocracy and businessmen. Papineau too had believed a similar subjection occurred, perpetrated by France. The signat ...
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Alexander Tilloch Galt
Sir Alexander Tilloch Galt, (September 6, 1817 – September 19, 1893) was a politician and Fathers of Confederation, Father of Confederation, the Canadian Confederation, union of British North American colonies into Canada. Early life He was born in Chelsea, England on September 6, 1817. He was the third son of John Galt (novelist), John Galt, a Scottish novelist, and Elizabeth (née Tilloch) Galt. His mother was the only daughter of Alexander Tilloch, the journalist and inventor who founded the ''Philosophical Magazine''. He was a first cousin of Sir Hugh Allan of Montreal, the owner of the Allan Line Royal Mail Steamers, Allan Shipping Line which was the largest privately owned shipping empire in the world in 1882. He was educated at Reading School. Career He was a member of the Great Coalition government in the Province of Canada that secured Confederation between 1864 and 1867. He became a leading figure in the creation of the Coalition when he was asked to become pre ...
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