David Torrance (banker)
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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 John 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 partnership in Toront ...
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New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the List of United States cities by population density, most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York (state), New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban area, urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous Megacity, megacities, and over 58 million people live within of the city. New York City is a global city, global Culture of New ...
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Alexander Tilloch Galt
Sir Alexander Tilloch Galt, (September 6, 1817 – September 19, 1893) was a politician and a father of the Canadian Confederation. Early life Galt was born in Chelsea, England on September 6, 1817. He was the son of John Galt, a Scottish novelist and colonizer, and Elizabeth ( née Tilloch) Galt. His mother was the only daughter of Alexander Tilloch, the journalist and inventor who founded ''Philosophical Magazine''. He was a first cousin of Sir Hugh Allan of Montreal, the owner of the 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 premier of the Province of Canada by then Governor-General Sir Edmund Walker Head. Doubting his ability to demand the loyalty of the majority ...
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Canadian Methodists
Canadians (french: Canadiens) 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. Canada has also been strongly influenced by its linguistic, geographic, and ec ...
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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. Because 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 anc ...
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1876 Deaths
Events January–March * January 1 ** The Reichsbank opens in Berlin. ** The Bass Brewery Red Triangle becomes the world's first registered trademark symbol. * February 2 – The 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. * February 2 – Third Carlist War – Battle of Montejurra: The new commander General Fernando Primo de Rivera marches on the remaining Carlist stronghold at 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 patent for the telephone, as does Elisha Gray. * February 19 – Third Carlist War: Government troops under General Primo de Rivera drive through the ...
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1805 Births
Eighteen or 18 may refer to: * 18 (number), the natural number following 17 and preceding 19 * one of the years 18 BC, AD 18, 1918, 2018 Film, television and entertainment * ''18'' (film), a 1993 Taiwanese experimental film based on the short story ''God's Dice'' * ''Eighteen'' (film), a 2005 Canadian dramatic feature film * 18 (British Board of Film Classification), a film rating in the United Kingdom, also used in Ireland by the Irish Film Classification Office * 18 (''Dragon Ball''), a character in the ''Dragon Ball'' franchise * "Eighteen", a 2006 episode of the animated television series ''12 oz. Mouse'' Music Albums * ''18'' (Moby album), 2002 * ''18'' (Nana Kitade album), 2005 * '' 18...'', 2009 debut album by G.E.M. Songs * "18" (5 Seconds of Summer song), from their 2014 eponymous debut album * "18" (One Direction song), from their 2014 studio album ''Four'' * "18", by Anarbor from their 2013 studio album '' Burnout'' * "I'm Eighteen", by Alice Cooper common ...
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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, liv ...
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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, he positioned the Bank of Montreal to be the leading bank in the New York gold market ...
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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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Thomas Ryan (Quebec Politician)
Thomas Ryan (21 August 1804 – 25 May 1889) was a Quebec businessman and political figure. He was a Liberal-Conservative member of the Senate of Canada for Victoria division from 1867 to 1889. He was born in Ballinakill, County Kildare, Ireland in 1804 and studied at Clongowes Wood College. Ryan went into the wholesale business at Quebec City in Lower Canada with his brother Edward and later became an agent for Baring Brothers, a commercial banking firm based in London. Around 1849, he became involved in operating steamboats; he helped form the Canadian Steam Navigation Company in 1853 and later served as a director of the Richelieu and Ontario Navigation Company. Ryan was a director of the Bank of Montreal and served as vice-president for the bank. He was elected president of the Montreal Board of Trade in 1849 and 1850. Ryan was also an active member of the Irish Catholic community in Montreal. He served as lieutenant-colonel in the local militia and served as consul ...
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New York (state)
New York, officially the State of New York, is a state in the Northeastern United States. It is often called New York State to distinguish it from its largest city, New York City. With a total area of , New York is the 27th-largest U.S. state by area. With 20.2 million people, it is the fourth-most-populous state in the United States as of 2021, with approximately 44% living in New York City, including 25% of the state's population within Brooklyn and Queens, and another 15% on the remainder of Long Island, the most populous island in the United States. The state is bordered by New Jersey and Pennsylvania to the south, and Connecticut, Massachusetts, and Vermont to the east; it has a maritime border with Rhode Island, east of Long Island, as well as an international border with the Canadian provinces of Quebec to the north and Ontario to the northwest. New York City (NYC) is the most populous city in the United States, and around two-thirds of the state's popul ...
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Kingston, Upper Canada
Kingston is a city in Ontario, Canada. It is located on the north-eastern end of Lake Ontario, at the beginning of the St. Lawrence River and at the mouth of the Cataraqui River (south end of the Rideau Canal). The city is midway between Toronto, Ontario and Montreal, Quebec. Kingston is also located nearby the Thousand Islands, a tourist region to the east, and the Prince Edward County tourist region to the west. Kingston is nicknamed the "Limestone City" because of the many heritage buildings constructed using local limestone. Growing European exploration in the 17th century, and the desire for the Europeans to establish a presence close to local Native occupants to control trade, led to the founding of a French trading post and military fort at a site known as "Cataraqui" (generally pronounced /kætə'ɹɑkweɪ/, "kah-tah-ROCK-way") in 1673. This outpost, called Fort Cataraqui, and later Fort Frontenac, became a focus for settlement. Since 1760, the site of Kingston, Ontari ...
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