Richard B. Angus
| R. B. Angus | |
|---|---|
Richard Bladworth Angus, 1891
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| 13th President of the Bank of Montreal | |
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In office 1910–1913 |
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| Preceded by | Sir George Drummond |
| Succeeded by | Sir Vincent Meredith |
| Personal details | |
| Born |
28 May 1831 Bathgate, West Lothian, Scotland |
| Died | 17 September 1922 (aged 91) Senneville, Quebec, Canada |
| Nationality | Scottish-Canadian |
| Spouse(s) | Mary Anne Daniels |
| Children | Elspeth Hudson Angus Bertha Angus Edith Margaret Angus Margaret Forrest Angus (Donald) Forbes Angus Maud Angus William Forrest Angus (David) James Angus |
| Residence |
Golden Square Mile Senneville, Quebec |
| Occupation | Co-founder of the CPR Financier, banker |
| Religion | Presbyterian |
Richard Bladworth Angus (28 May 1831 – 17 September 1922) was a Scottish-Canadian financier, banker, and philanthropist. He was a co-founder and vice-president of the Canadian Pacific Railway; President of the Bank of Montreal; President of the Royal Victoria Hospital, Montreal; President of the Montreal Art Association and co-founder and President of the Mount Royal Club. He was the natural successor to Lord Mount Stephen as President of the Canadian Pacific Railway (CPR) in 1888, but did not desire the position; and he twice refused a knighthood. The CPR Angus Shops were named for him, as was one of the later CP Ships.
In 1831, Angus was born in Scotland at Bathgate. He was a younger son of Alexander Angus (b.1792), a merchant grocer from Rafford, Morayshire, and his wife Margaret Forrest (b.1802), of Bathgate. Alexander Angus was a friend of the father of Sir James Young Simpson, and five of his eight children came to Canada at various stages. Educated at Bathgate Academy, Angus' first employment was in Manchester as a clerk with the Manchester and Liverpool Bank. In 1857, at Manchester, he married his wife, Mary Anne Daniels (1833–1913), the daughter of a Montreal wine merchant. In the same year as his marriage he came with his wife to Montreal and found employment as a book-keeper with the Bank of Montreal, from where he advanced rapidly.
By 1861, Angus was placed in charge of the bank's Chicago office, and two years later he was promoted to second agent in New York. The following year he returned to Canada as interim manager of the bank's headquarters in Montreal. By 1869, he succeeded Edwin Henry King as the Bank's general manager with an annual salary of $8,000, a position he held for the next ten years. During this time he improved relations with the federal government (at a time when the Bank of Montreal acted as Canada's national bank) and turned over respectable profits despite the economic slump of the 1870s.
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