Joseph Masson
Encyclopedia
Joseph Masson was Canadian businessman
Businessperson
A businessperson is someone involved in a particular undertaking of activities for the purpose of generating revenue from a combination of human, financial, or physical capital. An entrepreneur is an example of a business person...

, who is considered the first French Canadian
French Canadian
French Canadian or Francophone Canadian, , generally refers to the descendents of French colonists who arrived in New France in the 17th and 18th centuries...

 millionaire
Millionaire
A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency. It can also be a person who owns one million units of currency in a bank account or savings account...

.

Seigneur
Seigneurial system of New France
The seigneurial system of New France was the semi-feudal system of land distribution used in the North American colonies of New France.-Introduction to New France:...

 of Terrebonne
Terrebonne, Quebec
Terrebonne is an off-island suburb of Montreal, in western Quebec, Canada. It is located on the north shores of the Rivière des Mille-Îles and of the Rivière des Prairies, North of Montreal and Laval....

, Quebec
Quebec
Quebec or is a province in east-central Canada. It is the only Canadian province with a predominantly French-speaking population and the only one whose sole official language is French at the provincial level....

, president of Masson societies, president of the City Gas, he was also vice-president of the Banque de Montréal
Bank of Montreal
The Bank of Montreal , , or BMO Financial Group, is the fourth largest bank in Canada by deposits. The Bank of Montreal was founded on June 23, 1817 by John Richardson and eight merchants in a rented house in Montreal, Quebec. On May 19, 1817 the Articles of Association were adopted, making it...

, president of the Saint-Jean-Baptiste Society
Saint-Jean-Baptiste Society
The Saint-Jean-Baptiste Society is an institution in Quebec dedicated to the protection of Quebec francophone interests and to the promotion of Quebec Sovereignism. Its current President is Mario Beaulieu....

 of Montreal and member of the Legislative Council of Lower Canada
Legislative Council of Lower Canada
The Legislative Council of Lower Canada was the upper house of the bicameral structure of provincial government in Lower Canada until 1838. The upper house consisted of appointed councillors who voted on bills passed up by the Legislative Assembly of Lower Canada. The legislative council was...

.

He was the major Canadian businessman in the 1830 years, and he is member of the Canadian Business Hall of Fame
Canadian Business Hall of Fame
The Canadian Business Hall of Fame honours "Canada's most distinguished business leaders", selected by an independent panel representing Canadian business, academic and media institutions....

.

Biography

Joseph Masson, born in Saint-Eustache, Quebec
Saint-Eustache, Quebec
Saint-Eustache is an off-island suburb of Montreal, in western Quebec, Canada, west of Montreal on the north shore of the Rivière des Mille-Îles....

, in 1791, was the only son (there were also three daughters) born to Antoine Masson, joiner who did not know signing, and Suzanne née Pfeiffer or Payfer.

After scholarship at Saint-Eustache school, he went at 16 at Saint-Benoît of Mirabel
Mirabel, Quebec
Mirabel is a city in Quebec, Canada. It is an off-island suburb north-west of Montreal.Mirabel is also the name of a territory equivalent to a regional county municipality and census division of Quebec, coextensive with the city of Mirabel. Its geographical code is 74.Mirabel's population was...

 to learn the commercial business, as an apprentice of the merchant Duncan McGillis.

Import-export

Joseph Masson was engaged from May 1812 by the Scottish merchant Hugh Robertson, who found him very clever. The company had some difficulties, and a crack in 1814. But Masson gave the proof of his capacities, and became partner
Partnership
A partnership is an arrangement where parties agree to cooperate to advance their mutual interests.Since humans are social beings, partnerships between individuals, businesses, interest-based organizations, schools, governments, and varied combinations thereof, have always been and remain commonplace...

 in 1815 with 12.5% of the incomes. He became responsible of the sales in Scotland
Scotland
Scotland is a country that is part of the United Kingdom. Occupying the northern third of the island of Great Britain, it shares a border with England to the south and is bounded by the North Sea to the east, the Atlantic Ocean to the north and west, and the North Channel and Irish Sea to the...

, and then the chief of the Canadian company. His contract for partnership
Partnership
A partnership is an arrangement where parties agree to cooperate to advance their mutual interests.Since humans are social beings, partnerships between individuals, businesses, interest-based organizations, schools, governments, and varied combinations thereof, have always been and remain commonplace...

 with the Robertsons was renewed in 1818 and in 1819, when William Robertson died, and arose to 50 % of the profit
Profit (economics)
In economics, the term profit has two related but distinct meanings. Normal profit represents the total opportunity costs of a venture to an entrepreneur or investor, whilst economic profit In economics, the term profit has two related but distinct meanings. Normal profit represents the total...

s.

Joseph Masson was married in 1818 with Marie-Geneviève-Sophie Raymond, daughter of Jean-Baptiste Raymond
Jean-Baptiste Raymond
Jean-Baptiste Raymond was a seigneur, businessman and political figure in Lower Canada.He was born in Saint-Roch-des-Aulnaies in New France in 1757 and entered the fur trade at a young age. He later became a merchant at La Tortue...

 (1757–1825), seigneur of Lake Matapedia
Lake Matapedia
Lake Matapedia is a body of water in Quebec, Canada, and is the source of the Matapédia River. The town of Amqui lies at the southeast corner of the lake....

 and deputy of Huntingdon
Huntingdon
Huntingdon is a market town in Cambridgeshire, England. The town was chartered by King John in 1205. It is the traditional county town of Huntingdonshire, and is currently the seat of the Huntingdonshire district council. It is known as the birthplace in 1599 of Oliver Cromwell.-History:Huntingdon...

.

Masson devoted all his energy to develop his business, and admitted wanting to "beat" and "break down" his competitors.

His import-export
International trade
International trade is the exchange of capital, goods, and services across international borders or territories. In most countries, such trade represents a significant share of gross domestic product...

 companies growed and diversified. In 1830, the group had three companies: the W. and H. Robertson and Company, in Glasgow
Glasgow
Glasgow is the largest city in Scotland and third most populous in the United Kingdom. The city is situated on the River Clyde in the country's west central lowlands...

, led by Hugh Robertson; the Robertson, Masson, LaRocque and Company in Montreal
Montreal
Montreal is a city in Canada. It is the largest city in the province of Quebec, the second-largest city in Canada and the seventh largest in North America...

, led by Masson; Masson, LaRocque, Strang and Company in Quebec
Quebec
Quebec or is a province in east-central Canada. It is the only Canadian province with a predominantly French-speaking population and the only one whose sole official language is French at the provincial level....

, created by Masson and directed by John Strang. Masson and Robertson had more than 80% of their capital. Masson was while the Canadian businessman most involved in trade with the UK market.

Transports and energy

To transport his products, he bought a new boat of 290 tons, he gave it the name of his wife, “Sophie”. Then he bought, in whole or in participation, two other boats and a steamboat
Steamboat
A steamboat or steamship, sometimes called a steamer, is a ship in which the primary method of propulsion is steam power, typically driving propellers or paddlewheels...

. Also in the transports activity, he asked the Legislative Assembly
Legislative Assembly of Lower Canada
The Legislative Assembly of Lower Canada was the lower house of the bicameral structure of provincial government in Lower Canada until 1838. The legislative assembly was created by the Constitutional Act of 1791...

 to build a canal
Canal
Canals are man-made channels for water. There are two types of canal:#Waterways: navigable transportation canals used for carrying ships and boats shipping goods and conveying people, further subdivided into two kinds:...

; he created a shipping company
Ship transport
Ship transport is watercraft carrying people or goods . Sea transport has been the largest carrier of freight throughout recorded history. Although the importance of sea travel for passengers has decreased due to aviation, it is effective for short trips and pleasure cruises...

 and initiated the construction of a railway.

Joseph Masson involved in 1832 with the founding of the first railway in Canada: the railway Champlain and St. Lawrence Railroad
Champlain and St. Lawrence Railroad
The Champlain and St. Lawrence Railroad was a historic railway in Lower Canada, the first Canadian public railway and one of the first railways built in British North America.-Origin:...

.

Masson also interested in urban societies of water supply
Water supply
Water supply is the provision of water by public utilities, commercial organisations, community endeavours or by individuals, usually via a system of pumps and pipes...

 and of Gas lighting
Gas lighting
Gas lighting is production of artificial light from combustion of a gaseous fuel, including hydrogen, methane, carbon monoxide, propane, butane, acetylene, ethylene, or natural gas. Before electricity became sufficiently widespread and economical to allow for general public use, gas was the most...

, in Montreal, in Quebec and in Toronto. At the invitation of his associates, he took a first appearance in Montreal, and its participation in 1842 reached more than a third of the société du Gaz de Montréal. He founded with John Strang in 1841 the Compagnie de l’eau et de l’éclairage au gaz of Quebec, and founded with Furniss the City of Toronto Light Gas and Water Company, which he is president.

The banks

Vice chairman of Bank of Montreal

The Banque de Montréal (Bank of Montreal)
Bank of Montreal
The Bank of Montreal , , or BMO Financial Group, is the fourth largest bank in Canada by deposits. The Bank of Montreal was founded on June 23, 1817 by John Richardson and eight merchants in a rented house in Montreal, Quebec. On May 19, 1817 the Articles of Association were adopted, making it...

 was 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...

's central bank
Central bank
A central bank, reserve bank, or monetary authority is a public institution that usually issues the currency, regulates the money supply, and controls the interest rates in a country. Central banks often also oversee the commercial banking system of their respective countries...

. Already a shareholder of the Bank of Canada, Masson bought shares of Bank of Montreal in 1824. He joined the board of directors
Board of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...

 of Bank of Montreal in 1826. In 1830, Masson increased his shareholding, and reached his goal to increase his influence in the region. Joseph Masson was appointed in 1834 vice chairman of Bank of Montreal. He was also linked with the Bank of the City, Montreal, the Gore Bank and the Commercial Bank of Midland District.

Systematic use of credit

Masson is one of the few businessmen in this time to make substantial profits using credit
Credit (finance)
Credit is the trust which allows one party to provide resources to another party where that second party does not reimburse the first party immediately , but instead arranges either to repay or return those resources at a later date. The resources provided may be financial Credit is the trust...

 to develop his business. He managed to double his business volume systematically using credit; but he had trouble to convince his Scottish partner to do the same.

Masson companies

Masson became the main manager of the companies of the group; he was also their major shareholder, and their name changed to get his name: Joseph Masson, Sons and Company (Montreal); Masson, Langevin, Sons and Company (Quebec
Quebec City
Quebec , also Québec, Quebec City or Québec City is the capital of the Canadian province of Quebec and is located within the Capitale-Nationale region. It is the second most populous city in Quebec after Montreal, which is about to the southwest...

); Masson, Sons and Company (Glasgow
Glasgow
Glasgow is the largest city in Scotland and third most populous in the United Kingdom. The city is situated on the River Clyde in the country's west central lowlands...

). The last was devoted to manage the purchasing
Purchasing
Purchasing refers to a business or organization attempting for acquiring goods or services to accomplish the goals of the enterprise. Though there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations...

.

He was the major Canadian businessman in the 1830 years.

Seigneur de Terrebonne

Joseph Masson acquired in 1832 the seigneurie de Terrebonne, depending on the seigneurial system of New France
Seigneurial system of New France
The seigneurial system of New France was the semi-feudal system of land distribution used in the North American colonies of New France.-Introduction to New France:...

. It was almost for the prestige, but Masson worked to have soon a large pay-back. He developed the trade and industry, with forge
Forge
A forge is a hearth used for forging. The term "forge" can also refer to the workplace of a smith or a blacksmith, although the term smithy is then more commonly used.The basic smithy contains a forge, also known as a hearth, for heating metals...

s and mills, with new processes. Then he had additional revenues up to $ 3,000 and more.

Montreal and the Legislative Council of Lower Canada

Masson was Member of the Legislative Council of Lower Canada
Legislative Council of Lower Canada
The Legislative Council of Lower Canada was the upper house of the bicameral structure of provincial government in Lower Canada until 1838. The upper house consisted of appointed councillors who voted on bills passed up by the Legislative Assembly of Lower Canada. The legislative council was...

 from 1834 to 1838.

He was also member of the Montreal City Council
Montreal City Council
The Montreal City Council is the governing body of Montreal, Quebec. The head of the city government in Montreal is the mayor, who is first among equals in the City Council. The mayor is Gérald Tremblay, who is a member of the Union des citoyens et des citoyennes de l'Île de Montréal...

 from December 1842. He was offered to become the Mayor of Montreal
Mayor of Montreal
The Mayor of Montreal is head of the executive branch of Montreal City Council.The Mayor's office administers all city services, public property, police and fire protection, most public agencies, and enforces all city and provincial laws within Montreal....

 in December 1842, but he declined. He was militia captain from 1823, member of the Board of Trade of Montreal
Board of Trade of Metropolitan Montreal
The Board of Trade of Metropolitan Montreal is an association of businesses and businessmen in Greater Montreal. In its own words it serves as "the voice of the business community and of the people of Greater Montreal for all aspects of their economic growth and prosperity"....

, first churchwarden of Notre-Dame parish
Notre-Dame Church (Montreal)
-History:In 1657, the Roman Catholic Sulpician Order arrived in Ville-Marie, now known as Montreal. The parish they founded was dedicated to Mary, and the parish church of Notre-Dame was built between 1672 and 1682...

 and judge of the peace
Justice of the Peace
A justice of the peace is a puisne judicial officer elected or appointed by means of a commission to keep the peace. Depending on the jurisdiction, they might dispense summary justice or merely deal with local administrative applications in common law jurisdictions...

.

Loyalist and patriot

Masson put his business amongst all, and he was generally loyalist. In 1837 he was encharged to receive the loyalty serments in Montreal.

But he was a patriot when he hid in Louis-Joseph Papineau
Louis-Joseph Papineau
Louis-Joseph Papineau , born in Montreal, Quebec, was a politician, lawyer, and the landlord of the seigneurie de la Petite-Nation. He was the leader of the reformist Patriote movement before the Lower Canada Rebellion of 1837–1838. His father was Joseph Papineau, also a famous politician in Quebec...

, whose head was a price in 1837, and in 1845 when he accepted to be elected the third president of the Association Saint-Jean-Baptiste.

Death; Family

Joseph Masson died in 1847 at Terrebonne
Terrebonne, Quebec
Terrebonne is an off-island suburb of Montreal, in western Quebec, Canada. It is located on the north shores of the Rivière des Mille-Îles and of the Rivière des Prairies, North of Montreal and Laval....

.
He was considered the first French-Canadian millionaire
Millionaire
A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency. It can also be a person who owns one million units of currency in a bank account or savings account...

.
After his death, his wife, Marie-Geneviève-Sophie Masson (daughter of Jean-Baptiste Raymond
Jean-Baptiste Raymond
Jean-Baptiste Raymond was a seigneur, businessman and political figure in Lower Canada.He was born in Saint-Roch-des-Aulnaies in New France in 1757 and entered the fur trade at a young age. He later became a merchant at La Tortue...

) and her eldest sons continued the business of Masson and the seigneurie managing.

She created the seigneurial bureau in 1850, constructed the Masson manor from 1848 to 1854, developed the industry and the mills, and founded the collège Masson in Terrebonne.

They had twelve children. Amongst them:
  • Isidore-Édouard-Candide Masson
    Isidore-Édouard-Candide Masson
    Édouard Masson was a businessman and political figure in Canada East.- Life :He was born Isidore-Édouard-Candide Masson at Montreal in 1826, the son of seigneur and merchant Joseph Masson and the grandson of Jean-Baptiste Raymond...

     (1826–1875), businessman and political figure, founder of Sainte-Marguerite-du-Lac-Masson, Quebec
    Sainte-Marguerite-du-Lac-Masson, Quebec
    Sainte-Marguerite-du-Lac-Masson is a village and municipality in the Laurentides region of Quebec, Canada, part of the Les Pays-d'en-Haut Regional County Municipality...

    .
  • Louis-Rodrigue Masson
    Louis-Rodrigue Masson
    Louis-Rodrigue Masson, was a Canadian Member of Parliament, Senator, and the fifth Lieutenant Governor of Quebec. He represented Terrebonne in the Canadian House of Commons from 1867 to 1882.Masson was born in Terrebonne, Lower Canada, in 1833, the son of Joseph Masson...

    , PC
    Queen's Privy Council for Canada
    The Queen's Privy Council for Canada ), sometimes called Her Majesty's Privy Council for Canada or simply the Privy Council, is the full group of personal consultants to the monarch of Canada on state and constitutional affairs, though responsible government requires the sovereign or her viceroy,...

     (1833–1903), Lieutenant-Governor of Quebec, Minister of Militia and Defence
    Minister of Militia and Defence (Canada)
    The Minister of Militia and Defence was the federal government minister in charge of the volunteer army units in Canada prior to the creation of the Canadian Militia, before the creation of the Canadian Army....

    , President of the Privy Council
    President of the Queen's Privy Council for Canada
    In the Canadian cabinet, the President of The Queen's Privy Council for Canada is nominally in charge of the Privy Council Office. The President of the Privy Council also has the largely ceremonial duty of presiding over meetings of the Queen's Privy Council for Canada, a body which only convenes...

    .

Honours

  • Masson was elected one of the members of the Canadian Business Hall of Fame
    Canadian Business Hall of Fame
    The Canadian Business Hall of Fame honours "Canada's most distinguished business leaders", selected by an independent panel representing Canadian business, academic and media institutions....

    .
  • A commemorative plaque
    Commemorative plaque
    A commemorative plaque, or simply plaque, is a plate of metal, ceramic, stone, wood, or other material, typically attached to a wall, stone, or other vertical surface, and bearing text in memory of an important figure or event...

    , put in 1975 by The Commission des monuments historiques on the former Masson Manor, says that Masson is to give as an example to all Canadian people.
  • His name was given to:
    • Masson (electoral district)
      Masson (electoral district)
      Masson is a provincial electoral district in Quebec, Canada that elects members to the National Assembly of Quebec. The riding was created in 1988 from parts of Terrebonne and L'Assomption...

      , a provincial electoral district in Quebec
      Quebec
      Quebec or is a province in east-central Canada. It is the only Canadian province with a predominantly French-speaking population and the only one whose sole official language is French at the provincial level....

      .
    • An avenue, a street, a promenade, a park in Montréal
      Montreal
      Montreal is a city in Canada. It is the largest city in the province of Quebec, the second-largest city in Canada and the seventh largest in North America...

      , Quebec
      Quebec
      Quebec or is a province in east-central Canada. It is the only Canadian province with a predominantly French-speaking population and the only one whose sole official language is French at the provincial level....

      .
  • The name of his widow was given to the new Pont Sophie-Masson across the Riviere des Mille Iles.

See also

  • Canadian Business Hall of Fame
    Canadian Business Hall of Fame
    The Canadian Business Hall of Fame honours "Canada's most distinguished business leaders", selected by an independent panel representing Canadian business, academic and media institutions....

  • Isidore-Édouard-Candide Masson
    Isidore-Édouard-Candide Masson
    Édouard Masson was a businessman and political figure in Canada East.- Life :He was born Isidore-Édouard-Candide Masson at Montreal in 1826, the son of seigneur and merchant Joseph Masson and the grandson of Jean-Baptiste Raymond...

     (1826–1875), businessman and political figure, his son.
  • Jean-Baptiste Raymond
    Jean-Baptiste Raymond
    Jean-Baptiste Raymond was a seigneur, businessman and political figure in Lower Canada.He was born in Saint-Roch-des-Aulnaies in New France in 1757 and entered the fur trade at a young age. He later became a merchant at La Tortue...

    , his father-in-law.
  • Legislative Council of Lower Canada
    Legislative Council of Lower Canada
    The Legislative Council of Lower Canada was the upper house of the bicameral structure of provincial government in Lower Canada until 1838. The upper house consisted of appointed councillors who voted on bills passed up by the Legislative Assembly of Lower Canada. The legislative council was...

  • Louis-Rodrigue Masson
    Louis-Rodrigue Masson
    Louis-Rodrigue Masson, was a Canadian Member of Parliament, Senator, and the fifth Lieutenant Governor of Quebec. He represented Terrebonne in the Canadian House of Commons from 1867 to 1882.Masson was born in Terrebonne, Lower Canada, in 1833, the son of Joseph Masson...

     (1833–1903), Lieutenant-Governor of Quebec, another son.
  • Masson (electoral district)
    Masson (electoral district)
    Masson is a provincial electoral district in Quebec, Canada that elects members to the National Assembly of Quebec. The riding was created in 1988 from parts of Terrebonne and L'Assomption...

  • Sophie Masson (disambiguation)
  • Terrebonne (provincial electoral district)
    Terrebonne (provincial electoral district)
    Terrebonne is a provincial electoral district in Quebec, Canada that elects members to the National Assembly of Quebec. Created in 1829, it includes large portions of the city of Terrebonne.-Members of Legislative Assembly:...

  • Terrebonne, Quebec
    Terrebonne, Quebec
    Terrebonne is an off-island suburb of Montreal, in western Quebec, Canada. It is located on the north shores of the Rivière des Mille-Îles and of the Rivière des Prairies, North of Montreal and Laval....


External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
x
OK