Thomas McDOUGALL

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.