Knowledge (XXG)

Thomas Brown Anderson

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463: 435: 1845: 1833: 478: 449: 1769: 1336: 1869: 1821: 1857: 1781: 1881: 500:(1830–34)—a position procured by being the son-in-law of one of the bank's more important founders and shareholders. He re-engaged himself as a director of the bank in 1835 and served until his retirement in 1869. During an exchange crisis in Canada in 1837, Anderson was an active member of the director's committee in deciding the bank's policies. 1809: 697:
Although Anderson was of strict Anglican faith, he had a reserved pew at St Gabriel Street Presbyterian Church, Montreal. This reserved pew was more of a social inclination rather than a spiritual one: most Scottish merchants in Montreal attended this church, so it is easy to discern that Anderson's
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Despite being viewed as "one of the old race of Canadian Merchants", Anderson—during his presidency—ensured, through his reorganization, that the bank adapted to the evolving economic and political environments: economically, Canada was moving from a mercantile to a more sophisticated and corporate
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Though Anderson's annual reports were cautious, the bank thrived during the 1860s: deposits tripled in 9 years, which was mainly due to the flight of assets and capital to Canada during the American Civil War. Gold, silver, and coin holdings had also increased with the addition of government
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from May 2, 1845, until his death. During this time, he donated generously to facilities and served on multiple committees concerning the university's affairs. He served as vice-chairman of the board of governors (1851–52) and then as the first member of the university's finance committee.
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In 1866, the bank used their influence to promote legislation which enabled banks to take government debentures and species and convert them into provincial notes (a law that was especially advantageous to banks who dealt with government accounts) and the legislation was enacted.
557:, the bank was able to profit greatly from the situation: King's knowledge of the American money market combined with the union's constant need for more financial credit and the bank's ready access to English gold, meant that the bank was able to exploit the war to its advantage. 38: 511:. In 1841, Anderson represented the bank before Canada's Legislative Assembly's Committee on Money and Banking. Anderson presented arguments for new legislation that would allow and support for more branch banking to be accessible in Canada. 706:. In 1856, Anderson joined a committee to formulate plans to construct the new Christ Church Cathedral and served as fiduciary secretary for the Parochial Endowment Fund (invested some of its money in the Bank of Montreal shares). 543:(1855–73) and served as chairman (1855–72) and this experience led him to open opportunities up for the Bank of Montreal: he allowed branch the bank's managers to offer insurance products and other corporate interests. 591:
debentures making the institution more stable than ever before. Anderson retired as president in 1869 due to his deteriorating health, and the bank's board of directors awarded him a stipend of $ 2000 for his service.
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faced a calamity from which it would not recover: the firm suffered a massive capital pull-out from its shareholders. As president, Anderson led the company through the eventual dissolution of its co-partnership with
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Mission. His wife, Ann Anderson, was an active supporter of multiple organizations including the Lying-in Hospital Society and the Ladies Benevolent Society (which her mother had reorganized in 1832).
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In 1849, Anderson had joined the Montreal Annexation Association, became one of the eight vice-presidents of the association and eventually was one of the signers of the
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retirement as vice president of the bank, on June 8, 1847, Anderson was elected as his successor. On June 5, 1860, Anderson was unanimously elected to succeed
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In 1862, Anderson created the position of "general manager" and chose the Scottish banker, David Davidson (1862–63), who was succeeded by the Irish banker
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Along with his political aspirations and vocations, Anderson also supported and was involved with a number of charitable, civic, and other organizations.
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The firm's main business concerns were in fur trading, clothing, wholesaling provisions, local real estate, being an acting agent for the
378:) undoubtedly helped in any nepotistic opportunities for him with the firm; and Anderson ended up becoming the company's last president. 1724: 434: 1936: 1489: 1469: 722: 699: 1931: 1680: 1514: 1459: 1245: 550:(1863). King proved a shrewd, competent, and skillful general manager and would later succeed Anderson as the bank's 7th president. 422:
The addition of new partners, Samuel Evans and Thomas Evans, entailed another reorganization and renaming of the company in 1858 as
1701: 603:", Anderson was mostly inactive in local and provincial politics in Canada. However, on April 2, 1838, Anderson was appointed as a 410:
When Louis Auldjo departed the company to start his own in 1852, the result was another reorganization and renaming of the firm as
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which was in severe decline, and the bank began to use the influence that came with managing the government's financial account.
341: 131: 660:) and was later elected vice-president (1849) also serving on the board's executive council and Board of Arbitration (1842–50). 1650: 1389: 1290: 620: 604: 293: 127: 94: 402:
Anderson was the senior partner and the others—Louis Auldjo, William Evans, and Thomas Forsyth—were clerks from the old firm.
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regular attendance was a status issue. Anderson also attended his proper Anglican obligations, he attended
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Canadian merchant, banker, philanthropist, and 6th President of the Bank of Montreal (1796-1873)
1614: 710: 703: 896: 741: 251: 1524: 1404: 1344: 1230: 1220: 1090: 854:"Biography – ANDERSON, THOMAS BROWN – Volume X (1871-1880) – Dictionary of Canadian Biography" 669: 576: 587:). This led to the failure of the bank which was one of Canada's most powerful institutions. 324:
during 1827. On his arrival in Montreal, his first job was as a clerk for a commercial firm (
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This partnership was finally dissolved in 1861 when Anderson decided to focus on banking.
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merchant, banker, and philanthropist who was director, vice-president (1847–1860) and 6th
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With the old Company dissolved, the Montreal business was reorganized and renamed as
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Anderson was a member of the board of directors representing Canada for the
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BMO Private Wealth (BMO Nesbitt Burns and BMO Private Investment Counsel)
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Anderson died on May 28, 1873, and was buried in the Anglican parish of
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In 1829, Anderson joined the executive committee of the newly organized
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In 1840, Anderson supported the expansion of the bank's operations into
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Canadian agent, and serving as the financial repository for the
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Dictionnaire des parlementaires du Québec de 1792 à nos jours
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In 1867, King persuaded the first prime minister of Canada,
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Anderson was also a member of the board of governors for
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In November 1863, the bank acquired the account for the
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Anderson's marriage to Ann Richardson, the daughter of
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Although he was a prominent merchant and a devoted "
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S. Marshall Radar Observatory 1334: 902:Dictionary of Canadian Biography 607:by the then Governor General of 1927:19th-century Canadian merchants 1755:2024 pro-Palestinian encampment 1651:McGill University Health Centre 1390:McGill University Health Centre 1365:McGill–Queen's University Press 1291:Desautels Faculty of Management 383:Forsyth, Richardson and Company 376:Forsyth, Richardson and Company 357:'s Department of Lower Canada. 226: 97:Special Council of Lower Canada 1707:Shriners Hospital for Children 1425:Elizabeth Wirth Music Building 1395:Office for Science and Society 1385:McGill Arctic Research Station 711:St James the Apostle, Montreal 704:St James the Apostle, Montreal 681:Anderson was treasurer of the 1: 1445:Macdonald-Harrington Building 1255:School of Information Studies 1149:Bank of British North America 664:McGill University (1845–1873) 611:(also Lieutenant-Governor of 400:Anderson, Auldjo and Company. 1535:McGill Redbirds and Martlets 1465:McGill Life Sciences Complex 1460:McCall MacBain Arts Building 1420:Diocesan Theological College 1250:Institute of Islamic Studies 1107:Bank of Montreal Head Office 729:(1772–1823) and daughter of 625:John Lambton, Earl of Durham 240:Elizabeth Magdalene Anderson 132:John Lambton, Earl of Durham 1922:Bank of Montreal presidents 1622:McGill International Review 1455:Maude Abbott Medical Museum 1375:Bellairs Research Institute 1260:School of Religious Studies 907:University of Toronto Press 889:National Assembly of Quebec 654:Montreal Committee of Trade 412:Anderson, Evans and Company 388:Forsyth, Walker and Company 361:Companies (1827–1861) 1953: 1697:Lakeshore General Hospital 1325:School of Computer Science 1049:BMO Delaware Trust Company 515:Vice President (1847–1860) 424:Anderson, Evans and Evans. 128:John Colborne, Lord Seaton 1937:Province of Canada people 1763: 1671:Montreal General Hospital 1332: 938: 929: 921: 916: 683:Montreal General Hospital 677:Montreal General Hospital 566:The Bank of Upper Canada, 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College 1271:Faculty of Education 1266:Faculty of Dentistry 1117:First Canadian Place 1023:BMO Premier Services 995:BMO Bank of Montreal 633:Annexation Manifesto 562:Government of Canada 492:Director (1830–1869) 487:main Montreal branch 351:East India Company's 1702:St. Mary's Hospital 1615:The Bull & Bear 1435:Lady Meredith House 1301:Faculty of Medicine 1295:Executive Institute 1075:BMO Capital Markets 1028:BMO Smart Portfolio 917:Business positions 905:(online ed.). 742:Joseph Bell Forsyth 693:Religious interests 252:Joseph Bell Forsyth 1917:Canadian Anglicans 1629:McGill Law Journal 1601:The McGill Tribune 1311:Faculty of Science 746:James Bell Forsyth 555:American Civil War 489: 475: 460: 446: 1795: 1794: 1608:Le DĂ©lit français 1222:McGill University 1187: 1186: 1044:BMO Family Office 1037:Wealth management 948: 947: 939:Succeeded by 713:on May 31, 1873. 670:McGill University 621:Sir John Colbourn 279: 278: 1944: 1912:Bank of Montreal 1884: 1883: 1882: 1872: 1871: 1860: 1859: 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1142:Predecessors 1126:Sponsorships 988:Retail banks 930: 925:Peter McGill 909:. 1979–2016. 900: 884: 874:Bibliography 861:. Retrieved 857: 794:. Retrieved 789: 750:John Forsyth 744:(the son of 720: 708: 696: 680: 667: 653: 651: 643: 631: 629: 613:Lower Canada 598: 589: 580: 574: 570: 565: 559: 552: 545: 540: 538: 534: 525:Peter McGill 518: 509:Peter McGill 505:Upper Canada 502: 495: 482: 472:Old Montreal 453: 439: 423: 421: 411: 409: 399: 397: 387: 382: 380: 375: 369: 348: 336: 325: 307: 281: 280: 254:(son-in-law) 179:(1873-05-28) 177:May 28, 1873 104: 83:Succeeded by 76:Peter McGill 60: 1907:1873 deaths 1902:1796 births 1554:Rowing club 1169:Molson Bank 1159:Harris Bank 881:"Biography" 792:(in French) 727:David Ogden 656:(later the 553:During the 194:Nationality 161:June , 1796 71:Preceded by 1896:Categories 1735:Deep Saini 1544:Ice hockey 936:1860–1869 863:2021-03-27 796:2021-03-27 756:References 331:Richardson 304:Early life 259:Occupation 157:1796-06-00 1862:Education 1826:Economics 1814:Biography 1526:Athletics 1360:Libraries 1232:Academics 1133:BMO Field 1100:Buildings 1084:Insurance 1011:Investing 687:Longueuil 636:in 1849. 381:In 1847, 310:Edinburgh 245:Relatives 164:Edinburgh 105:In office 61:In office 1838:Politics 1774:Category 1740:Heraldry 1549:Lacrosse 1539:Football 1355:Archives 1346:Research 1091:BMO Life 997:(Canada) 536:system. 318:Montreal 314:Scotland 300:(1849). 286:Canadian 265:Merchant 237:Children 198:Canadian 184:Montreal 168:Scotland 124:Governor 118:Victoria 1886:History 1874:Society 1800:Portals 1786:Commons 1588:CKUT-FM 739:Lt-Col. 338:Forsyth 327:Forsyth 249:Lt-Col. 231:​ 223:​ 114:Monarch 1850:Canada 1559:Soccer 1406:Campus 717:Family 342:Walker 322:Canada 268:Banker 214:Spouse 188:Quebec 225:( 221: 1003:(US) 619:and 601:Tory 438:The 208:Tory 174:Died 147:Born 752:). 721:At 615:), 519:On 470:in 1898:: 899:. 883:. 856:. 805:^ 788:. 763:^ 627:. 390:. 346:. 340:, 329:, 320:, 312:, 227:m. 186:, 166:, 1802:: 1683:) 1654:( 1561:) 1537:( 1327:) 1313:( 1297:) 1293:( 1282:) 1278:( 1262:) 1248:( 1213:e 1206:t 1199:v 973:e 966:t 959:v 891:. 866:. 799:. 458:. 159:) 155:(

Index

The Honourable

6th President of the Bank of Montreal
Peter McGill
Edwin Henry King
Member of the
Special Council of Lower Canada

Victoria
John Colborne, Lord Seaton
John Lambton, Earl of Durham
Edinburgh
Scotland
Montreal
Quebec
Canadian
Tory
Lt-Col.
Joseph Bell Forsyth
Canadian
president of the Bank of Montreal
Member of the Special Council of Lower Canada
Vice-president of the Montreal Board of Trade
Edinburgh
Scotland
Montreal
Canada
Forsyth
Richardson
Forsyth
Walker
East India Company's

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