William Molson
Encyclopedia
William Molson was a Canadian politician, entrepreneur and philanthropist. He was the founder and President of Molson Bank, which was later absorbed by the Bank of Montreal
.
Born Nov. 5th, 1793, he was the son of John Molson
(1763-1836) & Sarah Insley Vaughan, and was born in Montreal
, Quebec
, Canada
. As a result of a disagreement with his brother, Thomas Molson
(1791-1863), as to the conduct of their joint distilling enterprise, William withdrew from this Molson family
enterprise to establish Molson Bank in association with his brother, John Molson Jr.
. Founded in 1854 and chartered by the provincial legislature in 1855, it was absorbed by the Bank of Montreal in 1925. William remained its first president until his death and was succeeded by Thomas Molson's son, John Thomas Molson (1837-1910). William was vice-president of the Montreal and Champlain Railway and a governor of the Montreal General Hospital
(1868), being the third Molson to hold that position. Like his brother, he was a generous benefactor of McGill University
, where the "William Molson Hall" was named in his honour.
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...
.
Born Nov. 5th, 1793, he was the son of John Molson
John Molson
John Molson was an English-speaking Quebecer who was a major brewer and entrepreneur in Canada, starting the Molson Brewing Company.-Birth and early life:...
(1763-1836) & Sarah Insley Vaughan, and was born 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...
, 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....
, 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...
. As a result of a disagreement with his brother, Thomas Molson
Thomas Molson
Thomas Molson was a Canadian entrepreneur and philanthropist, co-founder of Molson Distillery and member of the industrious Molson family....
(1791-1863), as to the conduct of their joint distilling enterprise, William withdrew from this Molson family
Molson family
The Molson family of Montreal, Quebec, Canada was founded by John Molson who emigrated to Canada in 1782 from his home in Lincolnshire, England....
enterprise to establish Molson Bank in association with his brother, John Molson Jr.
John Molson Jr.
John Molson Junior was a Canadian politician and entrepreneur. Former Director of Molson Bank, President of the Champlain and St. Lawrence Railroad , and President of Montreal General Hospital....
. Founded in 1854 and chartered by the provincial legislature in 1855, it was absorbed by the Bank of Montreal in 1925. William remained its first president until his death and was succeeded by Thomas Molson's son, John Thomas Molson (1837-1910). William was vice-president of the Montreal and Champlain Railway and a governor of the Montreal General Hospital
Montreal General Hospital
The Montreal General Hospital is a hospital in Montreal, Canada, established on May 1, 1819 and an early teaching hospital. First located on the corner of Craig and St-Lawrence Streets with only 24 beds, it moved in 1822 to a new 72-bed building on Dorchester Street. It is currently situated on...
(1868), being the third Molson to hold that position. Like his brother, he was a generous benefactor of McGill University
McGill University
Mohammed Fathy is a public research university located in Montreal, Quebec, Canada. The university bears the name of James McGill, a prominent Montreal merchant from Glasgow, Scotland, whose bequest formed the beginning of the university...
, where the "William Molson Hall" was named in his honour.