John Fitzwilliam Stairs
Encyclopedia
John Fitzwilliam Stairs, also known as John Fitz William Stairs (January 19, 1848 – September 26, 1904) was an entrepreneur and statesman, born in Halifax
City of Halifax
Halifax is a city in Canada, which was the capital of the province of Nova Scotia and shire town of Halifax County. It was the largest city in Atlantic Canada until it was amalgamated into Halifax Regional Municipality in 1996...

, Nova Scotia
Nova Scotia
Nova Scotia is one of Canada's three Maritime provinces and is the most populous province in Atlantic Canada. The name of the province is Latin for "New Scotland," but "Nova Scotia" is the recognized, English-language name of the province. The provincial capital is Halifax. Nova Scotia is the...

, Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

, a member of the prominent Stairs family of merchants and shippers founded by William Machin Stairs
William Machin Stairs
William Machin Stairs, was a merchant, a banker, and a statesman. He was born and died in Halifax, Nova Scotia, Canada....

 (1789-1865) that included the Victorian era
Victorian era
The Victorian era of British history was the period of Queen Victoria's reign from 20 June 1837 until her death on 22 January 1901. It was a long period of peace, prosperity, refined sensibilities and national self-confidence...

 explorer, William Grant Stairs
William Grant Stairs
William Grant Stairs was a Canadian-British explorer, soldier, and adventurer who had a leading role in two of the most controversial expeditions in the history of the colonisation of Africa.-Education:...

.

Known as "John F.", he studied at Dalhousie University
Dalhousie University
Dalhousie University is a public research university located in Halifax, Nova Scotia, Canada. The university comprises eleven faculties including Schulich School of Law and Dalhousie University Faculty of Medicine. It also includes the faculties of architecture, planning and engineering located at...

 and then entered the management of the family's vast business empire. He was elected to the Nova Scotia Legislative Assembly in 1879, resigning in 1882 to successfully run for election to the Canadian House of Commons
Canadian House of Commons
The House of Commons of Canada is a component of the Parliament of Canada, along with the Sovereign and the Senate. The House of Commons is a democratically elected body, consisting of 308 members known as Members of Parliament...

 in Ottawa where he served as a Conservative Party
Progressive Conservative Party of Canada
The Progressive Conservative Party of Canada was a Canadian political party with a centre-right stance on economic issues and, after the 1970s, a centrist stance on social issues....

 member until 1896.

Stairs was president of many companies, including Nova Scotia Steel, Eastern Trust, Trinidad Electric (B.W.I.) and Royal Securities Corporation
Royal Securities Corporation
Royal Securities Corporation Limited was a Canadian stock brokerage firm founded in Halifax, Nova Scotia in early 1903 by John F. Stairs, its first president. The company was the first brokerage firm to be opened east of Montreal, Quebec, the then financial center of Canada.A prominent and...

. He served as director of the Dartmouth and Halifax Steamboat Company, Nova Scotia Sugar Refining, the Union Bank of Halifax
Union Bank of Halifax
The Union Bank of Halifax was granted a charter by the government of Canada in 1856 and established its head office at the corner of Hollis and Prince Streets in the port city of Halifax, Nova Scotia....

, Consumer Cordage, and during his lifetime, came to dominate the financial elite of the Maritime provinces.

He also employed Max Aitken (later, Lord Beaverbrook) at the beginning of Aitken's business career, hiring him in 1902 when he set up Royal Securities, the first investment firm in Eastern Canada. Max Aitken was at Stairs' bedside when he died in Toronto, Ontario. His remains were sent to Halifax where he was buried in the Fairview Cemetery
Fairview Cemetery, Halifax, Nova Scotia
Fairview Cemetery in Halifax, Nova Scotia, is a Canadian cemetery that is perhaps best known as the final resting place for over one hundred victims of the sinking of the RMS Titanic...

.

External links

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