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and, later, Oregon. With his business partner
William Corbitt, he established a highly profitable wholesale and shipping business in Portland that centered on groceries and liquor, then wheat, salmon, and timber exports. He invested in Oregon railroads, served for a time as president of the Portland
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MacColl says that "Macleay has traditionally been credited with founding the U.S. National Bank, although the bank's largest initial stockholder, a wealthy Denver businessman, G.W.E. Griffith, contested this assertion 40 years later. However, by lending his name and prestige to the bank he
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Retiring from the wholesale mercantile business in 1892, he helped to establish the United States
National Bank of Portland (forerunner of U.S. Bancorp) and served as its president. He was president of the British Benevolent and St. Andrew societies of Portland and was one of the founders of the
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Macleay was active in many banking and investment enterprises in and near
Portland. He served as a director of the Portland & Coast Steamship Company, the Portland Telephone & Electric Light Company, and other businesses and banks, and he was for a time the vice president of the
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One of several
Scottish merchants and financiers who moved to Portland in the 1860s and 1870s, Macleay was among the most successful. Starting as grocery and liquor merchants, Corbitt & Macleay expanded to wheat and salmon exports, and, taking advantage of cheap Asian
282:. The couple had four children, Barbara, Edith, Mabel, and Roderick, and were members of the First Presbyterian Church of Portland. Martha died in 1876, and Macleay later remarried. Roderick was a director of the U.S. Bank in the early 20th century.
294:, when many banks failed, the U.S. Bank survived. However, to help keep the bank afloat, Macleay loaned it large sums of his own money and took no pay as bank president. Exhausted, he retired in the spring of 1895 and died on July 26, 1897.
210:, where he met William Corbitt, and by 1866 they had established a wholesale grocery and shipping business, Corbitt & Macleay, in Portland. The business grew rapidly and by 1870 had become "one of the leading firms of the northwest".
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to the city to provide an outdoor space for patients from nearby hospitals. Developed by the city, this tract, known as
Macleay Park, was one of many parks and land parcels that were combined to form Portland's
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Portland, Oregon, its history and builders: in connection with the
Antecedent Explorations, Discoveries, and Movements of the Pioneers That Selected the Site for the Great City of the Pacific
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154:. He and his wife, Martha, had four children, one of whom, Roderick, became a director of his father's bank. His legacy includes Macleay Park, a part of
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186:, in August 1834. As a child, he had a private tutor and went to school in Leckmelm. Financial difficulties caused his parents to move to
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and ship planking. In addition, Macleay became involved in railroad investments through his association with another native of
Scotland,
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in 1948. Macleay Park is still referred to by its original name even though it is part of the larger park.
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Macleay was active in
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headed for four years, Macleay was certainly responsible for its early success."
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Merchants, Money, and Power: The
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In 1897, Macleay deeded a 108-acre (44 ha) tract of land along
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Board of Trade, and is generally credited with founding the
441:"History of Portland Parks and Recreation: 1852–1900"
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Oregon community that was renamed in his honor in 1882.
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McArthur, Lewis A., and McArthur, Lewis L. (2003) .
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512:MacColl, E. Kimbark; Stein, Harry H. (1988).
462:"Think you know Forest Park? Try this test".
278:In 1869 Macleay married Martha Macculloch of
262:. He was one of the founders of the Portland
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482:Corning, Howard M., ed. (1989) .
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202:Merchant, banker, public figure
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477:Works cited
447:February 1,
323:Forest Park
318:Balch Creek
290:During the
274:Family life
156:Forest Park
41:August 1834
559:Categories
355:References
208:California
180:Ross-shire
170:Early life
140:California
120:U.S. state
49:Ross-shire
220:Hong Kong
78:Education
184:Scotland
176:Leckmelm
132:Canadian
128:Scotland
116:Portland
102:Children
53:Scotland
45:Leckmelm
507:1183569
160:Macleay
118:in the
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216:coolie
188:Canada
136:Quebec
124:Oregon
94:Spouse
334:Notes
256:jetty
224:spars
222:with
162:, an
533:ISBN
518:ISBN
503:OCLC
488:ISBN
449:2010
60:Died
38:Born
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