Important corporation and financial interests have felt
the stimulus of the enterprise, keen business insight and
intellectual force of Thomas McDougall, who is known in literary
as well as financial circles. He was born at Three Rivers, P. Q.,
May 21, 1843, a son of the late John McDougall, a merchant of
Three Rivers, who sat in the Canadian parliament from 1851 until
1854 and a brother of the late Hon. Justice McDougall of Aylmer,
P. Q. For many years Thomas McDougall was in the service of the
Quebec Bank and was agent of that institution in 1870. Later he
became manager at Montreal and in 1894 was made assistant general
manager, from which position he was advanced to that of general
manager in December of the same year. He continued actively in
control of the extensive and important financial interests that
came under his guidance until 1909, when he resigned but remained
a director of the bank. With him close reasoning has become
habitual, and he has therefore found ready solution for difficult
and involved financial problems. He was chairman of the clearing
house at Montreal and was active in the meeting of bankers,
convened to revise the banking act in 1890. In 1898-9 he was
president of the Canadian Bankers Association, which indicates
his place of prominence and influence in the moneyed circles of
the country. He is still a member of the advisory board of the
Scottish Union & National Insurance Company, is vice president
of the Shawinigan Water & Power Company and a director of the
Asbestos Corporation of Canada.
In many public connections outside the field of business and
finance his name has figured prominently and his labors have
been effectively and helpfully felt. In 1908 he was the general
treasurer of the Quebec tercentenary committee. He possesses
literary taste in high degree. He has written on banks, bankers
and banking, being the author of a well known article entitled,
T. Pomponius Atticus, a Roman Banker.
Mr. McDougall was married at Three Rivers, P. Q., to Miss Helen
Baptist, a daughter of the late George Baptist. His religious
connection is with the Presbyterian church and in club circles
he is well known as a member of the St. James Club of Montreal
and the Quebec Garrison Club of Quebec. His social qualities and
marked ability along many lines as well as his important business
interests have gained him the prominence which is today his.
JEAN BAPTISTE DAVID LEGARE.
Public-domain text, read in full here on John Shaqi.
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